It is time for me to update you guys the performance of my Fx trade copier for the month of August 2019.
Before that, I will like to answer one common question from readers
Question: You see that my lot size are 10 lots and is worry that your account with $1,000 cannot take such big lot size trading.
For the trade copier, it will calculate the lot size per trade for you based on the risk per trade on my side.
Therefore you will not be entering the same lot size as me.
For example: If I have $10,000 and you have $1,000. When I enter 5 lots on my side, you will only be entering 0.5 lots on your side.
I hope that I have answered this question.
To begin the performance report, I will like to share with you a live trade video that I have taken last Friday before the market opens.
In the end, I took the EURUSD trades out at 42 pips each and for the USDJPY, I took the trade out at 8 pips profits each.
If you have read my previous update from 1st to 25th, you will see that we have made a profits of 247 pips.
From 26th to 30th August, we have a series of wins and losses due to the volatile market which grow the account by just another 8 pips.
By the end of August, we have made 255 pips and a profit of $35,801.65.
If you are trading 1 standard lot per trade with my trade copier, you will make $2,550 for the month of August
If you are trading 0.5 standard lot per trade with my trade copier, you will make $1,275 for the month of August
If you are interested in my trade copier service, please click on the link below for more info