FOLLOWME Community Top Trading Report - First Week of December 2020

2020/11/30 - 2020/12/4 Total Trading Orders

406,003

Compared with the previous week, the total trading orders went up by 7.4% or 28,302 for the latest week.

For the latest week, the Top 10 Traders has delivered an outstanding performance with a total profit of $430,000. Among them, @2652838 took down the champion spot with a net single-week profit of $200,000. The trader applied the heavy-duty profiteering approach, deposited $230,000, mostly traded in gold spots in every lot. It was exhilarating to watch!

Here are the details of the ranking this latest week:

@rainmain #15 has a total followers’ fund of $277,000. This is the fourth time this Signal provider was ranked on the weekly top performers list and this somehow made his status as a profitable trader even more persuasive. Undeniably, this may have attracted the attention of many average traders and pushed them into subscribing to this type of trading method, yet many do not realise the high-risk of trading against the EA without proper consideration. It is important to have an adequate fund and timely risk-control strategy in place before making a decision to trade against EA or copy any trade using this method.

@众投启汇 #3 has a total followers’ fund of $230,000. With a deposit of $350,000, he has nearly doubled that into a total profit of $330,000 year-to-date. Despite so, he had two relatively significant drawdowns and for those who do not have an adequate fund are advised to reconsider copying his trades because he may be able to afford the risk, but those risks could wipe you out in a single event.

@战神易金 #8 has a total followers’ fund of $990,000. This trader prefers to trade in short positions (intraday) and gold symbols. In mid-October, the trader made a total deposit of $6,000 and has a rather wavy return curve with a relatively substantial drawdown rate. We believe that he was able to ride on the past headliners and market sentiment which allows him to grow his net equity within a short period of time. In regards with this type of riskier trading style, we recommend that you should make a decision based on your fund and psychological condition before subscribing to a Signal.

Given the dreadful drop in the gold price recently, many traders took the opportunity in the short positions and made themselves a cheerful profit. But this round of profit doesn’t necessarily represent a trader’s ability in the trading industry. If you want to make it big, you have to always stay on top of your game.

Want more of this? Stay tuned and follow #WeeklyReport# for our latest updates!

Disclaimer: The data above should not be construed as investment advice.

Any trades or hedges you make are taken at your own risk for your own account.