Signal丨@V_FOREX Achieving a Remarkable 75% Profit Rate

𝙉𝙞𝙘𝙠𝙣𝙖𝙢𝙚: @V_FOREX

Country: Vietnam

𝘽𝙧𝙤𝙠𝙚𝙧: #IC Markets Global#

𝘽𝙧𝙞𝙚𝙛 𝙘𝙤𝙢𝙢𝙚𝙣𝙩:

On October 29th last year, there was a floating loss of 55.7%; on December 7th, a floating loss of 44.8%; and on December 30th, a floating loss of 37.3%. Is it reasonable to endure such losses repeatedly with such limited capital?

However, let's take a look at the trader's profit curve over the past six months. It shows a slope of 45 degrees, spanning 29 weeks, with a cumulative profit of $1,530 and a profit rate of 75%. Readers who have studied strategies like the Martingale or grid should be quite familiar with this. Behind the smooth profit curve lies the practice of averaging up profitable positions to offset the trapped floating losses. Essentially, it involves trading time for profit and is not considered an advanced technique.

Upon closer examination of recent trades, it is evident that NZD/JPY has been in a sideways downtrend since October last year. Combined with the trader's mentioned strategy of "using price average strategy," it seems they have recognized the subtle fluctuations in market cycles. They have achieved significant profits by taking long positions on NZD/JPY.

Overall, unlike grid or Martingale traders who are eager to close positions, this trader is determined to maximize profits. Close the position? No, They want to exit with profits! Therefore, over the past six months of trading, their win rate has reached 74.83%, while still maintaining a sense of reverence and humility towards the market by consistently implementing stop-loss orders ("with stop loss").