Here are the scores on the doors so far.
The two traders I have followed so far continue to perform well - and if I wanted to I could just stick with this pair. But that would make for a bit of a boring update so I am going to add another trader into the mix. Let’s take a look at the league tables of top performers - if you want to look yourself then just click here.
As I now have three traders in my portfolio, my trade size gets automatically reduced as I am following more. So I just need to bump the risk up on the other two, so I am mimicking the percentage size of their trades. There is more on this on the initial post I did in February.
DaxCall 3 and Janhe get bumped up to 3x which means my effective risk factor is 1.00. This means if they do a trade risking 2% of their account, then the same percentage risk is done on mine. And by following FXprofessional at half size, I will actually be copying those trades at less than a fifth of the risk the trader is taking. Let’s see how this gets on.
If you would like to open an account and try this for yourself - you can practice with a demo account first if you want - then just click here.
You can read the next instalment here.