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Copy Tip of the Week – Strategy Provider “Pure Deal”

Posted by Fullerton Markets on October 23, 2020 at 6:27 PM


Let’s look at our strategy provider “Pure Deal” who has been running since July 2019, a total of 1 years and 2 months.

His trades have been profitable in the past 1 year and 2 months. His year-to-date returns for 2020 is at 30.64% while the year-to-date returns since inception was 110%.

From the table below, you can see that his return per month is above average compared to his losing months.

Based on his trading statements, we can see that he is an active trader with lots of open positions in a day. While some of his trading orders are closed during the day, many of the trades are held for around 2 days. This SP is likely a combination of an intra-day and a swing trader.

He is also rather dynamic in terms of his choice of currency pairs. He trades almost all the pairs available, though with more focus on EUR/USD.

Lastly, he has a low maximum drawdown of 22%, which would categorise him as a low-risk trader.

His average trade is 11.04 pips. As you know, CopyPip has a transaction fee of 0.7 pips, so you would need to take it into your consideration when calculating profits and losses.

 

 

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Fullerton Markets Research Team

Your Committed Trading Partner