Who Got Trumped

Well I thought Clinton was a sure thing. But the anti establishment feeling is just to strong and the master now becomes the Apprentice. Apprentice President that is. But the point I want to highlight today is how geopolitical events can swing the markets and currencies. Take a look at the USD/JPY movement yesterday and that is all you need to demonstrate the risk in currency trading. The good thing is volatile movements like that remind you of the importance of capital management and the proper use of leverage or when things are going crazy to just stay out and watch from the sidelines. I know I  did, and now when we get some direction it is time to get back in on a cautious basis.

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