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

Posted by Fullerton Markets on February 26, 2021 at 7:00 PM

Let’s take a look at strategy provider “NEW 2000.” This strategy provider’s equity growth since inception is at +290.02%, with a total of 10198.1 pips.

He has been running since December 2019 and has no losing month so far. I consider him as a low-risk trader, considering his Maximum Drawdown is only 38%, with an average return per month of 8.32%.

For strategy followers who are looking for a low-risk strategy provider, you may consider following “NEW 2000.” What I like about this SP is that his description lists all the settings clearly for those who choose to copy his trades.

The average profit for all of his trades is at 8.88 pips, which means that as a Strategy Follower, the 0.7 pip commission CopyPip charges will slightly affect your overall PnL.

Lastly, as he mentioned in his description, he trades non-trending pairs. We can see that he only focuses on certain pairs only.

I would advise followers to use the suggested capital in his description, which is USD3,000 instead of the minimum recommendation amount by CopyPip, USD710.08. This gives you some buffer, in case he lets his losing trades float to an unprecedented level.

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Fullerton Markets Research Team

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