Today we look at strategy provider “Dimond trade.” This strategy provider’s equity growth since inception is at 312.41% with a total of more than 22.920 pips and with 66.14 CP Rank.
Even though his account has only been running for 9 months and 5 days, we consider him a low-risk trader, since his Maximum Drawdown is only 22%, with an average return per month of 17.57%.
For strategy followers who are looking for a low-risk strategy provider, you can consider “Dimond trade.” Based on his trading statement, you will notice that he is a swing trader with pips averaging a net profit of 21.89 pips versus pip lost of 51.92 pips.His result looks pretty good as he only has one losing month since he started on the CopyPip platform.
As mentioned above, the average for all of his trades is at 10.55 pips, which means that as a Strategy Follower, you can expect similar results with his trade even if you include the 0.7 pip commission charge.Lastly, he focused on EURUSD for most of his trades, which means that he only trades in the currencies which he’s comfortable and an expert in. As always, I would advise copy traders to use a comfortable capital to give yourself some buffer in case he allows his losing trades float to an unprecedented level.
Fullerton Markets Research Team
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