…what equity markets are doing since february or so has definetely to do with trump&co politics – which I think basically kind of removed for businesses lot of the base for longer term planning and earning estimations. nobody knows “what’s next”. one day putting tarrifs on few countries, few days later cancelling them, then again on/off, then putting tarrifs on whole world. nobody knows which countries and how will react on them and so on and so on. and so investors/traders also don’t find a consensus, and therefore markets a quite terrible, all moves are very short living, intraday trends erratic. “scared” to go long? I would not say that. but these are very hard times, for both sides, long and short. as an algo trader one still has to stick to the systems, let them take all the trades systems triggers. but to reduce the positions might be not bad idea. the only big question will then still remain – when/under which conditions to increase the positions again 😀
cheers
justisan