You have already heard about eToro the most brilliant Forex broker and this is another article based on eToro updates and review. And for beginners and those who are new to this trade may check my Etoro review and Etoro Webtrader review.
In the previous series of the articles based on eToro we can read about some most copied Etoro traders. In this article I will talk about Malsolo (Julio Rus Fernandez).
It is also important to look the changes in the followers and also the copiers for the last month of trading inactivity. For example there are 138000 Followers and 5260 Malsolo Copiers during last year. And for a low-risk trader this is something really good as they can make high profit. People may invest their amount to low-risk traders but the thing you should know is that the return of investment is low for low-risk traders. All you need is to choose a profitable trader not an active trader.
What we need to watch :
1) Risk : Average trade size is 0,7% and max. drawdown is around 3%.
2) Last week, or last month or last 3 months or last 6 months – each period he is profitable.
3) Average profit is 3,83% and average loss is 0,05%. Excellent.
He has a lot of losing trades and only 55% is his winning rate, but risk reward ratio is very important.
So all you need is to study the trading habits, previous behaviour and also the trading activity of the trader.There may be some reasonable reasons for this may be the trader is analyzing the market and waiting for the right time to trade.
You can also help the traders especially the beginners with your ideas about the different trading techniques used in Forex trade. For this all you need is to go through the website of Forex trade and visit the reviews about forex brokers. You may also log in the above top panel to provide your views on trading investment. Your ideas and feedback will help to choose the right traders that make profit.
My story :
I tried manually to copy Malsolo and I my risk was 5% at the moment. My biggest drawdown was 30% and yearly profit around 150%.
I can suggest you to visit etoro and try to follow this excellent trader.
Please write your opinion about Malsolo trading…