Today we look at strategy provider “ESERIES.” This strategy provider’s equity growth since inception is at 31.41% with a total of more than 2082.9 pips.
Even though his account has only been running for 3 months and 3 weeks, we consider him a low-risk trader, considering his Maximum Drawdown is only 13%, which seems to be quite balanced with his average returns per month of 8.16%.
For strategy followers who are looking for a low-risk strategy provider, you can consider “ESERIES.” If you look at his trading statement, you will notice that he is a swing trader with pips averaging a net profit of 22.69 pips, versus pip lost at 21.77 pips.
He also mentioned in his description that his trade is automated, which means he may be using EA for his trades.
His result looks pretty good as he has no losing month since he started on the CopyPip platform.
As mentioned above, his average for all of his trades is at 2.57 pips. As a Strategy Follower, you must take 0.7 pip commission charge into consideration. This may affect your overall profit and loss.
Lastly, he focuses only on EURUSD and USDCHF, which could mean that he trades based on the currency pair correlation between the two pairs. As always, I would advise copy traders to use a comfortable capital to give yourself some buffer in case he allows his losing trades float to an unprecedented level.
Fullerton Markets Research Team
Your Committed Trading Partner
