The Steady Rise of a Prudent Trader: @rever27's Successful Low-Volatility Strategy

𝙉𝙞𝙘𝙠𝙣𝙖𝙢𝙚: @rever27

Country: Australia

𝘽𝙧𝙤𝙠𝙚𝙧: #IC Markets Global#

𝘽𝙧𝙞𝙚𝙛 𝙘𝙤𝙢𝙢𝙚𝙣𝙩:

Through observations, there is a trader named @rever27 who, despite garnering substantial profits, is still trudging forward. However, he has also been quite fortunate. All the positions he has operated have ultimately translated into significant profits.

Examining his profit curve, his equity has steadily risen, but the position size has been heavy. Looking at the overall process and outcome, the "holding the position" strategy employed by most people is essentially just a means to an end.

Given the uncertainty of the market, once you enter a position, the market's direction and when it will reach the expected price action are unknown. Persisting on holding the position and waiting for the right judgment to arrive is akin to exchanging time for space, and this is not a major issue. Of course, some traders prefer to use time-based stop-loss, such as if the market hasn't reached the expected levels by a certain time in the evening, they will deem their judgment to be incorrect. Whether it's exchanging time for space or using time-based stop-loss, both are acceptable trading methods, as they ultimately vary from person to person.

Returning to this particular trader, over the past year, he has made a profit of $598, with a return rate of 20.8%, and the maximum drawdown during this period was approximately 2.92%. Looking at the trading instruments, they are mostly low-volatility niche products, such as AUD/CAD, GBP/AUD, and GBP/CAD.

His trading strategy involves setting take-profit levels but no stop-loss, yet he can keep the drawdown below 5%. In addition to the low volatility of the instruments, the position size also plays a role, with a historical maximum position of 0.1 lots and a maximum of 4 open positions at a time, which aligns with the description of a very prudent strategy.

Finally, it's worth mentioning his trading account longevity - 281 weeks. This should be able to enter the top 10 of the community's longest trading time.