Many traders, due to a lack of time or experience, are looking for alternative ways to trade on the financial market, such as copying the trades of experienced traders.
In this regard, AMarkets broker has published the five best copy trading strategies for August, exploring which traders can significantly improve their professional level and achieve stable profits.
The first place in the AMarkets rating was taken by the FSP strategy with a return of 947.05%. In August, the trader made 92 trades with a maximum drawdown of 51.5%, which indicates an aggressive trading style. The reward for this strategy is 40%.
In second place is the GOLD WINGS strategy, with a return of 284.87%. The trader made 690 trades with a maximum drawdown of 51.34%, which points to an aggressive trading style. The reward of the strategy is 30-45%.
The third place in the rating is taken by the Gotoptophight strategy, with a return of 178.09%. The trader made 14 trades with a maximum drawdown of 9.53%, which shows a conservative trading style. The reward is 40%.
The fourth place belongs to the dkhil23 strategy with a return of 174.48%, applying which trader made 74 trades with a maximum drawdown of 36.12%.
And finally, fifth place is occupied by the mmdn4 strategy, with a return of 170.53%. The trader made 69 trades with a maximum drawdown of 29.61%, which indicates a moderate trading style.
AMarkets reminds its users that by copying the strategy, they will get the same trading conditions as on the account of the trader who created the strategy.
Earlier, IG announced the release of 'Beat the Street' show.
