Today, let us look at strategy provider “SteadyRock”. This strategy provider’s equity growth since inception is 5442.57% and has a total of more than 7879.1 pips.
Their account has been running for around 2 years and 6 months. I would consider them a medium risk trader, as their Maximum Drawdown is around 37%, which quite balanced with an average return of 17.05% per month.
For strategy followers who are looking for a medium-risk strategy provider, you should consider “SteadyRock”. If you observe their trading statements, you will notice that they use a combination of day trading and swing trading strategies, with an average profit of 115.87 pips. However, it seems like they do not set a stop loss from their trading statements.
Their results look pretty good as they only had one losing month since they started trading on the CopyPip platform about 2 years plus ago.
As mentioned above, their average for all his trades is at 115.87 pips, which means that as a Strategy Follower, the 0.7 pips commission CopyPip charges will be negligible.
Lastly, they mostly trade XAU/USD, which explains their average pips. I would advise you to use a comfortable capital to follow them. Do give yourself some buffer though, in the case that they allow their losing trades to float to an unprecedented level.
Fullerton Markets Research Team
Your Committed Trading Partner
