All eyes are on the new kid on the block @凯旋 (Copy-trade edition)

Just only takes 2 months to achieve 48.86% return on investment (ROI)? You won't get this type of gain in this short period of time. That’s madness!

@凯旋 did very well on his first two months of trading. We could expect more in the future from this fella due to his performance.

He started to trade on the EA account on 2^nd of July 2020 with the hope of steady profit throughout the trading journey. His trading strategy is mainly on trend reversal with occasional trend following. As a small account, I do agree with the trading technique that he used since we are only a small ‘anchovy’ (retail investor) that always eaten by the ‘big shark’ (institutional investor). By taking the fundamental point of view is quite an irrelevance for us. Hence, we have to follow the technical trend and take profit along with it.

@凯旋 also claims to achieve an annual return of 400%-500% with a Max Drawdown of 30%. Looking back on his in-progress performance, if he did well for the next month I’m sure that the annual projected return will be achieved. Let’s us observe and monitor.

Here is the list of data that I think is favourable for us as a copy trader to know about this account:

My optimistic view

Win Ratio of 76.47%

Equity P&L ratio of 4.56 pts

Avg. profits per order $48.13

Avg. lots per order 0.17FLots

Daily average trading lots 0.16FLots

My pessimistic view

Risk Aversion13.37%

Avg. loss per order-$34.23

Avg. profits per order$48.13

Last but not least do aware of his floating DD which around 20%-40%. Make sure to have a huge amount of initial capital so that you won’t blow your account and don’t forget to adjust your risk control setting based on your favorable Risk: Reward ratio.

#copytradingvsselftrading##followcomment##analysis#