Today we look at strategy provider “FxClearBridge.” This strategy provider’s equity growth since inception is at +248.40%, with a total of more than 1,423 pips.
Even though his account has only been running for 8 months and 3 weeks, we consider him a low-risk trader, considering his Maximum Drawdown is only 32% which isn’t too far off from his average returns per month of 13.75%.
For strategy followers who are looking for a low-risk strategy provider, you can consider “FxClearBridge.” If you look at his trading statement, you will notice that he is a day trader with pips averaging a net profit of 15.88 pips versus loss of 22.08 pips.
His result looks pretty good as he has only 2 months in negative since he started on the CopyPip platform. The losses came from the month of October 2020 where he recorded a 3.79% loss and -1.95% in February 2021. Since the month has just started, we believe that he can regain lost ground for this month.
As mentioned above, his average profit for all of his trades is at 5.54 pips, which means that as a Strategy Follower, the 0.7 pip CopyPip commission charge will slightly affect your overall P&L (profit and loss).
Lastly, he often trades many market 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
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