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Copy Tip of the Week – Strategy Provider “Easy Profit”

Posted by Fullerton Research on April 8, 2021 at 3:10 PM


Today we look at strategy provider (SP) “Easy Profit”. This SP’s equity growth since inception is 165.92% with a total of more than 2,680.8 pips.

Their account has been running for around 1 year and 1 month. We consider this as a low-risk trader, considering that their Maximum Drawdown is only 19%, which is quite balanced versus their average returns per month of 6.81%.

For strategy followers who are looking for a low-risk strategy provider, you may consider “Easy Profit.” If you look at their trading statement, you will notice that this SP is a swing trader with pips averaging profit of 6.44 pips.

In their description, it is stated that they perform manual trades and set a stop loss for every trade.

Their result looks pretty good, as they have only 1 month in negative since they started on the CopyPip platform.

As mentioned above, the average for all of their trades is at 6.44 pips, which means that as a Strategy Follower, the 0.7 pip commission CopyPip charges will be negligible.

Lastly, they trade a wide variety of currency pairs. As usual, we advise investors to use a comfortable capital to give yourself some buffer in case they let their losing trades float to an unprecedented level.

 

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Fullerton Markets Research Team

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