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Copy Tip of the Week – Strategy Provider “NEW 2000"

Posted by Fullerton Markets on December 18, 2020 at 4:50 PM


Today we look at strategy provider “NEW 2000.” This strategy provider’s equity growth since inception is at 246.57%, with a total of more than 9,172 pips and ranks in the Top 10 list with 74 CP Rank.


Even though his account has only been running for 11 months and 4 weeks, I consider him a low-risk trader, since his Maximum Drawdown is only 38% with an average return per month of 8.59%.

For strategy followers who are looking for a small risk strategy provider can consider “NEW 2000.” If you look at his trading statement, you will notice that he is a swing trader with a net profit of 8.75 pips.

His result looks pretty good as he has no losing month since he started trading on the CopyPip platform.

As mentioned above, his average net profit is at 8.75 pips, which means that as a Strategy Follower, you can expect similar results with his trade, even if you include the 0.7 pip commission charge.

Lastly, as he mentioned in his description, he only trades low volatility market pairs. He also suggested that you must have an account of at least USD 3,000 to copy his trades.
Strategy followers are advised to use a comfortable capital to follow him, so do give yourself some buffer in the case that they let their losing trades float to an unprecedented level.

 

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Fullerton Markets Research Team

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