Signal丨Exploring@Traders Kingdom's Scalping Strategy

𝙉𝙞𝙘𝙠𝙣𝙖𝙢𝙚: @Traders Kingdom

Country: Indonesia

𝘽𝙧𝙤𝙠𝙚𝙧: #Maxco#

𝘽𝙧𝙞𝙚𝙛 𝙘𝙤𝙢𝙢𝙚𝙣𝙩:

Today we discussed the trading strategy of a trader from @Traders Kingdom. When we opened the account homepage, the data looked impressive at first glance, with a maximum drawdown of 6.84% and a closing profit of $20,875 over 17 weeks.

From the data on the orders, it is evident that this is a scalping strategy using the Martingale method. There are many similar strategies in the community, but the distinguishing factor lies in the risk control. The signal employs the following two main risk control measures:
1. Trial positions do not have a take profit target, while subsequent positions have stop loss orders in place.
2. The position sizes are relatively small. With a balance of $300,000 in the account, the maximum position size is 5 lots of XAU/USD, with a maximum floating loss of $7,900.

Advantages: The trader demonstrates relatively good risk management with conservative risk parameters. The annual return is around 21%, which may not be exceptionally high but is relatively stable. Additionally, the strategy generates frequent trade orders, leveraging larger trade volumes and a high success rate to capture profit opportunities. There is a strong continuous positive feedback loop.

Disadvantages: The strategy is suitable only for small-scale, well-defined oscillating market conditions. Even minor trending market movements can result in significant losses for this account.