Today we will look at the performance of our strategy provider (SP) “Automatico” again. This SP currently tops the list with a staggering 95.41 CP Rank.
We have discussed about this SP several months ago back in November 2020, let’s take a look at how much this SP has grown.
This SP’s growth since inception is +1577.13% compared to +1208.42% last November, with a total of 9,829.80 pips compared to 7,093.20 pips in November 2020.
Their account has been running for around 1 year 5 months. We still consider this SP a low-risk trader, considering their Maximum Drawdown is only 36% which is quite balanced in relation to the average returns per month of 16.70%.
For strategy followers who are looking for a low-risk signal provider, you may consider “Automatico.” If you look at their trading statement, you will notice that this is a swing trader, with pips averaging profit of 11.86 pips.
Their result still looks fairly good, even though they experienced some losses in the past two months. Yet, their YTD is still positive with 19.43%.
As mentioned above, the average for all their trades at 11.86 pips, which means that as a Strategy Follower, the 0.7 pip CopyPip commission charge will be negligible.
Lastly, they trade a wide variety of currency pairs. We would advise followers to use a comfortable capital to give yourself some buffer, in case they let their losing trades float to an unprecedented level.
Fullerton Markets Research Team
Your Committed Trading Partner