As you have no doubt seen in the news recently; the United Kingdom’s European Union membership referendum is scheduled to take place in the United Kingdom and Gibraltar on June 23rd, 2016. With the uncertainty of the vote and potential market impact, we may see increased volatility and/or gap openings in the upcoming weeks. This in particular can happen in the currency futures, foreign and USA indices, financials and physical commodities.
Although volatility can present us with opportunities, it can equally affect your account negatively. Please exercise caution when trading your account.
If you are a self directed trader, in a managed futures account and/or automated system, and wish to discuss the risks further, I encourage you to contact me at (800) 771-6748 / Local (561) 367-8686.