Signal | A 76% increase of income for 13 weeks
𝙉𝙞𝙘𝙠𝙣𝙖𝙢𝙚: @Ttrade
𝘾𝙤𝙪𝙣𝙩𝙧𝙮: Vietnam
𝘽𝙧𝙤𝙠𝙚𝙧: #ExnessVN#
𝘽𝙧𝙞𝙚𝙛 𝙘𝙤𝙢𝙢𝙚𝙣𝙩:
Today, we want to talk about a really mysterious trader.
Here on his profile, we cannot see any words showing his fast in making money and trades, but he mentioned his focus on position management. As the saying goes, a kind man won't smile with a bad-look face, while a trader who values position management always has unique advantages in trading.
Looking at the income, the account has been alive for 13 weeks, and the equity has increased from $1,683 to $2,968, a 76% increase, with an average weekly income of 5.85%. This income is fast, but not the fastest.
His average holding time is 10.9 hours, which is not a short average holding time on FOLLOWME. However, 90% of his orders are opened and closed within 30 minutes, and the average daily transaction is 27. So, this was what we had talked about his 'fast'.
High-yield trading strategies are like delicious delicacies, which make everyone salivate after hearing them. However, only two traders have subscribed to his signal in FOLLOWME for more than a month. Why is it so deserted?
We can see that the balance curve looks good, but it doesn’t fit the equity curve. Since October this year, the signal has fallen into a vicious circle of floating losses. It has been making orders and floating losses. During this period, the floating losses have been more than 15% for a long time, with the maximum floating loss of 40.04%. Such anxiety about lacking of set stop loss will probably scare away a group of people.
In addition, although the number of profitable transactions is close to 2,000, the average profit points are only about 5 points when split it. At the same time, the average number of points for loss orders is around 40 points, which is 8 times that of profit orders. Small profits and large losses will also cause high blood pressure in followers.
To sum up, this signal source, @Ttrade #1, is making profits quickly, but the risk control is still lacking. Keep coming on!
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
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