Today we discussed t...from in9028

07 Mar 2024, 05:37 · Views 298

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.

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in9028

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The UK's Financial Conduct Authority (FCA) plans to increase transparency in its company investigations. This includes naming companies under investigation and reviewing whistleblower policies. The goal is to encourage witnesses, deter misconduct, and improve market transparency. .

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In terms of trading volume, this trader executed 109 trades in February alone, averaging around 4 trades per day. The position size remained relatively stable between 0.2 and 0.6 lots, although there were occasional trades as large as 1.2 lots. Due to the inherent scaling and holding structure of the employed strategy, along with occasional hedging to mitigate floating losses, the position size remains somewhat heavy given the current capital of 4,000. On the 8th of this month, the trader manage

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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.

in9028

South Korea has updated its foreign exchange regulations to simplify FX trading for foreign investors. The changes include allowing investors to use Korean won overdrafts and choose their preferred FX trading institution. Additionally, the country has streamlined FX procedures and provided easier access to its capital markets. South Korea has also opened its forex market to registered foreign institutions, leading to a resurgence in Contracts for Difference (CFDs) trading.

in9028

Overall, the performance of this signal in terms of profitability is commendable. However, if you wish to subscribe, it is advisable to either have several times the trader's capital or reduce the subscription multiplier in order to better control risks.

in9028