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Copy Tip of the Week – Strategy Provider “Tsnet”

Posted by Fullerton Markets on October 30, 2020 at 5:10 PM


Let’s look at strategy provider “Tsnet.” This strategy provider’s equity growth from inception records at 246.59% and currently ranks in the Top 10 list on the CopyPip Platform with 76.98 CP rank.

Even though his account has only been running for 1 year and 4 months, we consider him as a low-risk trader, considering his Maximum Drawdown is only 31% with an Average Per Month of 9.97%.

For strategy followers who are looking for a low-risk strategy provider, you can consider “Tsnet.” If you look at his trading statement, you will notice that he is somewhat between an intra-day trader and a swing trader with pips averaging 28 pips per trade. However, the downside is he does not have a proper stop loss and he allows his losing trades to float.

If you consider his maximum drawdown, which is only 31%, you can be sure that this SP has a certain level of risk management.

Another point to note, this SP has no losing month since inception, which is pretty impressive!

As mentioned above, his average pips at 28.97 pips is a bonus, which means for the Strategy Followers, you can expect similar results if you choose to follow his trades, even if you include the 0.7pip commission charge.

He is a diverse trader who trades a variety of pairs.

Lastly, I would advise you to prepare a reasonable amount of capital if you choose to follow his trades. Give yourself 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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