Many novice traders and investors believe that after learning the theory and armed with luck, they will be able to conquer the financial market and achieve significant results in increasing their capital. However, in order to achieve high and stable profits, it is necessary to work hard, study the experience and strategies of successful traders, and constantly monitor the global information field.
At the same time, there is an alternative way for a beginner to make money on the financial market: copy the trades of experienced traders.
In this regard, the AMarkets broker has published the five best copy trading strategies for July, after studying which traders can significantly improve their professional level.
The first place was taken by the BRNT2 strategy, which showed a profitability of 407.10%. The trader made 23 trades during the month. The maximum drawdown on this account was 40.49%, which indicates an aggressive trading style.
The second place was confidently taken by the q3 strategy, with a profitability of 401.59%. In July, the trader made 4 trades with a maximum drawdown of 34%, which indicates a moderate trading style.
The third place in the rating is occupied by the q5 strategy, with a profitability of 262.90%. The trader made 4 trades with a maximum drawdown of 35.68%, indicating a moderate trading style.
In fourth place was the q7 strategy, with a profitability of 255.39%. The trader made 5 trades during the month with a maximum drawdown of 34.69%, which clearly indicates a moderate trading style.
The final fifth place is occupied by the strategy fhm4, with a profitability of 243.48%. The trader made 54 trades in July with a maximum drawdown of 4.07%, which indicates a conservative trading style.
The broker reminds users that by copying the strategy, they will get the same trading conditions as on the trading account of the trader who created the strategy.
Recall that earlier, AMarkets updated the features of WebTerminal MT5.
