AMarkets presented 5 best strategies for copying trades for September
AMarkets, a leading trading platform, has released its list of the top five best copy trading strategies for September, aimed at helping traders maximize their profits. Copy Trading allows investors to copy the trades of top traders, offering a passive way to capitalize on market opportunities without having to actively trade themselves.
Topping the list is the Forex Gold strategy, which achieved a profitability of 55%. The strategy allowed 156 trades with a maximum drawdown of 35%, offering a balanced approach between risk and reward. With a history spanning 123 days, Forex Gold is known for its reliability. An investor who invested $1000 would make a profit of $550 (excluding commissions). The trader charges a 20% commission on the profit.
In second place is the Goldman strategy with 51% profitability and 130 executed trades. Despite a higher maximum drawdown of 52%, indicating a more aggressive trading style, Goldman has built a solid reputation over its 142-day history. Investors could expect a profit of $510 on a $1000 investment, and a notable aspect of this strategy is the lack of trader commission.
Third place belongs to the FrrredyStable strategy, which showed 38% profit with a maximum drawdown of 30%, demonstrating a moderate approach to trading. The trader executed 165 trades, ensuring consistency in results. Investors would earn $380 on a $1000 investment, with a 10% commission charged by the trader.
In fourth place was the ROBI BOBI strategy with a 32% return and a relatively low maximum drawdown of 24%, indicating a more cautious approach to trading. The trader made 54 trades and investors would earn $320 on a $1000 investment. The trader's commission is 10%.
Rounding out the top five is the Gold77 strategy with a 22% return. This strategy took a conservative approach, as evidenced by its maximum drawdown of only 11%. With 162 executed trades, Gold77 offers traders a lower risk option. An investment of $1,000 would have yielded a profit of $220 including a 20% commission.
AMarkets emphasized that for those who want to maximize their profits and invest like a pro, the Copy Trading service provides easy access to these highly effective strategies.