Today, we will be looking at the Strategy Provider, “SAFETY FIRST”. This strategy provider’s equity growth since inception is 478.99% and has a total of 7135.6 pips.
They have been on CopyPip for 1 year and 6 months and has an average return per month of 15.98%, with a maximum drawdown at 71%. Hence, I will consider them a high-returns SP.
Their result looks great, having only a few months of losses since inception. They have a few months where their profits were over 40% and even as high as 89%.
Under the trading statement, you can see that they do not set a stop-loss. In this situation, you should set a fixed stop loss under the advanced settings to protect your capital.
Their average profit per trade is at 18.63 pips, which means that as a Strategy Follower, the 0.7 pip commission CopyPip charges will be negligible.
Finally, they trade a variety of currency pairs. If you can accept the high risk and high returns, you should consider this SP.
You should also set aside a comfortable capital to follow them, giving yourself some buffer in the case that they let their losing trades float to an unprecedented level.
Fullerton Markets Research Team
Your Committed Trading Partner
