Another month has passed and we are here with our routine report on clients’ profitability.
In October 2015, 36,5% of our clients were profitable, moreover, clients with accounts greater than $10,000 showed 80% success rate.
71% of the clients closed October within the range of -$100 and +$100.
Champion of the Month traded major currencies and cross rates using moderate leverage of up to 1:50, maximum drawdown 5%. He placed 27 trades, setting his profit-factor at 2.79 and win mathematical expectation at 504.
Outsider traded EURUSD, USDCAD, USDJPY and Brent. He placed 18 trades showing profit-factor of 0.17 and win mathematical expectation was negative – 2730. The main mistakes of the trader are the use of stops away from the market price and short profit fix.
We wish our clients successful trading!