Some financial services recommend loudly closing all positions. Justifiable care or false alarmism? Rather an opportunity for you to assess the quality of a trading system.
Because with a quantitative trading system like TRADEofficer, the algorithm takes this problem into account. But it does so with foresight and not with rush alerts to close all positions.
Basically it can be said that our trading system always assumes that a crash can happen at any time.

For this reason, our trading system combines ten complementary strategies that map bull, sideways and bear markets.
This means that our algorithm always has a short hedge in the market. In the US, this is done by means of the SH ETF, an ETF that maps almost 1:1 the reverse development of the S&P500. As a result, our trading system has entered into a hedge in the SH since 25 December 2018 (cf. report dated 25 December 2018; search function ProShares Short S&P 500 ETF). Our trading system has also been hedging for the German market since July 15, 2018 (cf. announcement of July 18, 2018; search function DAX Short ETF).

This means that the algorithm constantly ensures that the existing positions are secured. Furthermore, as our algorithm learns independently, it terminates these positions or reduces the signal frequency independently, which is currently the case. Therefore we are very well prepared for all eventualities with our trading system and can calmly face "panic mongering" due to the corona virus. This can be seen very clearly in our current Realtime Performance Overview (see also Performance in the APP and Web Platform). We have actually reached a new all-time high in the yield development of our trading system (see also attached chart).

For a deeper insight into our trading system and for a classification of the current situation, we would like to refer to a basic video of 27.10.2018 (from minute 04:40) from our YouTube channel. Here we explain how declines of 10 to 20 % on the markets can generally be classified in the long-term picture.