Today, we look at Strategy Provider “Dailyprofit”. This Strategy Provider’s equity growth since inception is 1067.02% and has a total of 8617.8 pips.
Their account has been running for 1 year and 1 month and they have an average return of 25.01% per month with a maximum drawdown at 82%. I would consider them a high-return SP.
Their results look pretty good with only 1 month of loss throughout their trading period.
Under the trading statement, you can see that they rarely set a stop-loss. So in this case, it is advisable that you set the required advanced stop loss to protect your account.
Their average profits per trade are at 11.28 pips, which means that as a Strategy Follower, the 0.7 pip commission CopyPip charges will be negligible.
Finally, they trade a variety of currency pairs. If you can accept the high risks and high returns, you may consider this SP.
I would advise using a comfortable capital to follow them and go give yourself some buffer in the case that they let their losing trades float to an unprecedented level.
Fullerton Markets Research Team
Your Committed Trading Partner