Today we look at strategy provider (SP) “LoginPeace Darwinex”. This SP’s equity growth since inception is at 10.76%. Despite the low equity growth, the drawdown was extremely low at 3% as well.
This account has only been running for 7 months. We consider this SP a low-risk trader since his drawdown is at 3%, which is fantastic for risk-averse strategy followers (SF).
When we look at the trading statement, we can see that he does put a stop loss to protect his trades, as the lowest pips is the same as pips loss when he exited the trade.
Furthermore, having a clear description of his strategy is helpful for SF. In the description, he talks about his previous experience, as well as the sessions he trades. Most importantly, he talks about having a stop loss for all his trades which is assuring.
Lastly, he mainly trades in major pairs. This is a good sign as the major pairs usually have higher volatility. Based on his trading style, this SP will have many trading opportunities to capitalise on and make profits.
Fullerton Markets Research Team
Your Committed Trading Partner
