The Duality of @THFX GROUP #2: Profits and Risk Management
ππππ π£ππ’π: @THFX GROUP
Country: Vietnam
π½π§π€π ππ§: #XM Vietnam#
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@THFX GROUP #2 has swiftly risen on the FOLLOWME Signal Leaderboard, boasting an impressive score of 7.3 out of 10. What truly sets this account apart is not only its remarkable profit of $1,306.48 in a mere 38 weeks but also its astute risk management strategies. Join me as we delve into the intricacies of @THFX GROUP #2's investment approach.
Upon careful analysis, it becomes apparent that @THFX GROUP #2 employs the Martingale position sizing strategy. This strategy exhibits a unique advantage, as it demonstrates a high tolerance for market uncertainty. Notably, the primary trading instrument, EUR/AUD, encounters volatile market conditions on nearly 60% of trading days. This implies that even if a floating loss is incurred upon entry, there exists a high probability of transforming it into a profitable outcome the following day.
Each order placed by @THFX GROUP #2 is equipped with a take-profit level but conspicuously lacks a stop-loss level. This approach allows for a substantial margin of error in open positions. The average holding period for profitable orders stands at 1.2 days while losing orders extend to an average of 4.3 days. This approach also allows for a significant margin of error in open positions.
Is it prudent to hold positions continuously? The answer lies, in part, within the frequency of adding positions. Over the past six month @THFX GROUP #2 has typically opened seven orders in one instance, with an average size of around 0.12 lots. Despite having a leverage of 300 times and a margin of $360, this allocation is not excessive for an account of $1,000. Consequently, this signal has successfully controlled its maximum drawdown rate, limiting it to within 23.96% over the past nine months.
In summary, @THFX GROUP #2 exhibits an admirable balance between profitability and risk management. The account's ability to generate consistent profits while employing astute risk control measures is commendable. For those considering a subscription, adopting a strategy of regularly withdrawing profits, coupled with following the signals of @THFX GROUP #2, may prove to be an efficient choice in pursuit of higher returns.
Edited 14 May 2024, 12:03
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