Copy Tip of the Week – Top-Ranked Strategy Provider “Blackwave California” (May 8)

Posted by Fullerton Markets on May 8, 2020 at 4:01 PM

We are looking at “Blackwave California” – a strategy provider (SP) whose CopyPip rank is 68.00, putting him at the 8th place in the overall performance ranking.

Looking at the stats, his performance might not seem interesting in terms of growth and average per month. However, if we look at the Total Pips and Max drawdown, it’s obvious that this SP is a disciplined trader.

Another point to note is his trading history (Age) which has been running for more than 4 years.

With his statistics and ability to be ranked in the top 10 list, we are convinced to add him as our favourites and seriously consider following his trades.

Now, let us dive deeper into the statistics.

In the past 4 years from April 2016 to the end of April 2020, he had been keeping his monthly losses below 10%, while achieving top monthly gain of more than 13%. He traded through the entire 2018 without losing in any single month.

Interesting Fact: His best month in the last 4 years all happened to occur in the month of May. Perhaps he could do well in this month too!

Now, let us take a closer look at his trading statements. One of his trading styles is he might average his trades up to 8 positions and hold a position for weeks. On a positive note, his lot management is very strict compared to his equity. He traded an average of 0.01 – 0.02 lots with USD3.5K equity.

He had the worst trade of -452.1 pips and best trade of +688.68 pips.

What’s more interesting is that his worst trade happened in May 2017, which was also his best month so far. This data tells us that he had the ability to overcome his worst lost and turn it into his best gain. Another clue that highlighted his strict risk management is that his worst trade resulted only in a loss of 1.66%.

He also averaged 54.35 pips per trade with high probability of 81.14%.

The trade population stats show he is a diverse trader, as he trades in different markets to earn consistent monthly and annual profits.


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Fullerton Markets Research Team

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