Obama Re-election - 4 More Years Of The Same?

Good Day All, I am not convinced it would have mattered who won the presidential election. The U.S. is still in a crazy amount of debt and it doesn't matter if they raise taxes or try to "cut spending" - if you are living in the U.S.A. things are a little dicey.

But since Obama won, I am pretty sure the same monetary policies we have seen the last 4-8 years will continue. And if we haven't already reached the point-of-no-return, we're awful close. We know to expect inflation and more devaluing of the US dollar. So what does all this mean for forex traders? Well I believe it can all be summed up with one phrase - more volatility! So you might want to consider lowering your risk even some more until something good comes out of all this mess - if this even happens. The good news is there are still plenty of good forex systems available that are performing rather well, see this post

The bottom line here is lets trade smart and preserve our profits the best we can. Who knows maybe better days are upon us in the near future.