Today we look at strategy provider “Ongsoi” (Ông sói). The equity growth of this strategy provider since his inception is at 268.19%.
Although his account has only been running for 6 months and 3 weeks, we consider him as a medium-risk trader, considering that his Maximum Drawdown is only 29% with an Average Per Month of 15.62%.
For strategy followers who are looking for a moderate risk strategy provider, you can consider copy trades from Ongsoi. If you look at his trading statement, you will notice that he is a swing trader with an average of 61 pips. However, one downside is that he does not have a proper stop loss and allows his losing trades to float.
However, if you consider his maximum drawdown – which is only 29%, you can be sure that this SP has a good money management strategy.
His result for the last 6 months is pretty good, as he only has 1 losing month with only 1.24%.
As mentioned above, his average pips at 61 pips is a bonus, which means that as a Strategy Follower, you can expect similar results with his trade even if you include the 0.7pips commission charge.
He is also a diverse trader who trades a variety of currency pairs.
Lastly, if you decide to copy his trades, we would advise you to invest a capital amount that you’re comfortable with. Give yourself some buffer, in case he lets his losing trades float to an unprecedented level.
Fullerton Markets Research Team
Your Committed Trading Partner
