FOLLOWME 2021 Annual Trading Data in Industry Report

1.Annual trading order

 

The number of trading orders of FOLLOWME connected accounts has maintained steady and rapid growth for three consecutive years, with a year-on-year growth of 74.3% in 2021.

 

2. Deposit and withdrawal & trading account profit performance

 

The deposit amount in the account can reflect the investor's financial strength. Combining the profit and loss data of the trading account, we will find that accounts with different deposit ranges perform differently.

 

Statistics:

a. Accounts with a single deposit of $50 or more are considered as the statistical range;

b. To reflect the generality of the investor group, accounts with deposits and withdrawals of more than 50,000 USD (3.2%) are excluded.

 

a.Analysis of deposit and withdrawal data

 

In 2021, accounts with deposits and withdrawals accounted for 72.1% of active accounts. On a monthly basis, what are the different performances of the trading account in each month?

 

 

 

 

It can be seen that March, November and December are relatively active months for deposits and withdrawals in 2021.

 

It needs to be added that among the trading accounts with deposits and withdrawals in 2021, the accounts with a total withdrawal amount greater than the total deposit amount account for 24.8% of all accounts. The ratio of average deposit to average withdrawal is 3.4:1, or 1 USD withdrawn for every 3.4 USD deposited.

 

b. Amounts average deposit and withdrawal amount

 

 

 

 

As can be seen from the above table, the deposits and withdrawals of investors in Oceania are much higher than those of other continents, while the deposits and withdrawals of investors in Africa are lower. The differences between the other three continents are relatively small.

 

3. The impact of different trading frequencies on account profitability under different deposit ranges

 

By distinguishing trading accounts with different deposit sizes, we can observe the difference in trading performance under different trading frequencies.

 

 

 

It can be found that when the number of orders is 500 or less, the larger the deposit amount, the better the profit performance of the account; when the number of orders is more than 2,000 and the deposit amount is higher than 5,000, the higher the deposit amount, the worse the account profit performance.

 

4. Difference between setting a stop loss and not setting (take gold as an example)

 

In the margin trading market, risk control cannot be overemphasized. Setting stop losses on orders is an effective measure for most manual investors to control risks. So, how will traders to control risks. how did investors perform on order stop loss settings in 2021, and how did it make a difference in order outcome ultimately?

 

Statistics description:

In this section, we select the most popular symbol, gold, as the order statistics object. Please note that the order that sets the stop loss ≠ the order that triggers the stop loss.

 

 

It can be found that among all gold orders, only 24% of the orders have a stop loss, which is much lower than the orders without a stop loss.

 

In addition, although the probability of loss with a stop-loss order is 4.1% higher than that of an order without a stop-loss order, the loss points per trading is 15.3% less than that of an order without a stop-loss order. Insist on setting stop losses on trading orders, which will reduce investors' losses in the long run.

 

5. Blow up data

 

In 2021, a total of 847,591 orders were forcefully liquidated due to insufficient margin, that is, "blow up". Although the number of blown up orders accounted for only 2.6% of all trading orders, the number of burnt trading accounts accounted for 57.5% of active trading accounts, that is, more than half of investors experienced blow up this year.

 

 

From the perspective of the symbols distribution of blown up orders, XAU/USD is still the variety with the highest proportion, and burnt orders account for more than 50%.