AMarkets reveals top Copy Trading strategy with 77% return in October
AMarkets' list of top Copy Trading strategies for October is led by Strategy 1343590, with a 77% return
AMarkets, a leading online trading platform, has unveiled its top-performing Copy Trading strategies for October, showcasing profitable opportunities for investors looking to boost returns.
By sharing the performance of their top five strategies, AMarkets provides traders with insight into diverse styles, risk levels, and potential returns for each approach.
At the forefront of October’s performance is Strategy 1343590, known as “Trend friend,” which achieved an impressive 77% return within a short 31-day span. Despite being new to the scene, this strategy demonstrated strong risk management with a maximum drawdown of only 15%, indicating a conservative trading approach. Over 84 trades, Trend friend’s performance suggests cautious but steady gains. Investors who had allocated $1,000 on the strategy’s first day would now have earned a $770 profit, excluding the trader’s 30% commission.
Strategy 1319388, titled “Digging,” followed closely with a 73% profitability rate over a longer period of 116 days. With 237 trades and a slightly higher maximum drawdown of 24%, Digging’s moderate trading style balances risk and reward. A $1,000 investment in this strategy at the start would now be worth approximately $1,730, minus a 10% trader commission, reflecting a robust performance with manageable risk.
The long-standing Strategy 974348, or “Wonder,” stands out as one of the platform’s oldest and most consistent performers. With over three years (1,103 days) of activity, this strategy generated a 14% return in October, maintaining a maximum historical drawdown of 22%. Its consistent, moderate-risk approach has made it a reliable choice for many. For those who invested $1,000 at the beginning of October, the return would have been $140, before the 35% trader commission.
New but promising, Strategy 1343854, known as “GOLD GPT 1k,” matched Wonder’s 14% return, with just 26 trades and a conservative 10% drawdown, underscoring a careful approach to risk. A $1,000 initial investment would have yielded $140 by the end of October, excluding the 30% trader’s fee, suggesting a strategic choice for those seeking controlled growth.
Rounding out the list is Strategy 1318633, “M.A,” which delivered a 13% return in October. Active for 119 days, this conservative strategy involved 36 trades and a minimal 9% drawdown. An investor’s $1,000 starting capital would now be valued at $1,130, excluding the 40% commission.
AMarkets’ Copy Trading service enables investors to follow these top strategies and potentially earn impressive returns by replicating the trades of proven performers. With options that cater to both risk-tolerant and conservative investors, AMarkets provides a valuable tool for diversifying portfolios.
Please note, AMarkets will stop supporting outdated versions of the MT4/5 platforms starting December 1.
