At the time of rising crisis more and more often there arises a question about new types if investment and getting additional earning; especially, when national currencies are collapsing against US dollar and euro. Therefore, it is not by chance that autocopying of accounts of successful traders is become more and more popular even among those potential investors, who have never heard about market Forex before.
Web site for investors pro-rebate.com has provided the "Market Leader" with fresh statistics about earnings of successful forex traders of Masterforex-V Academy for the first 10 trading days of March. And this means that investors who have copied these deals have also gained good profit.
Let us remind that for February the profit of Masterforex-V Academy traders has amounted to 21.5 ths. points. What profit have they gained for the first half of March? We have asked this and other questions to the Vice-Rector of Masterforex-V Academy Sergei Cherepanov.
33 most successful traders of Masterforex-V Academy earned over 15 thousands points for first 10 days of March 2015.
"15069 points of profit for 10 trading days March. The numbers can be easily checked, as all accounts are monitored by myfxbook," explains Sergei Cherepanov.
- "Market Leader": What accounts are best to be copied?
- Sergei Cherepanov (vice-rector of Masterforex-V Academy): What accounts to copy is only up to investor to decide, as financial market involves risk. We can only give objective statistics for every trading account of most successful traders of Materforex-V Academy, who have provided their accounts for pro-rebate.com service. Thus, from 15 thousands points of profit:
• 1-10 places have earned 9668 points (64%),
• 11-20 = 2815 points (19%),
• 21-33 = 2585 points of profit (17%).
The total number of profit in points amounts to 15068.
- "Market Leader": Is this data precise?
- Sergei Cherepanov (vice-rector of Masterforex-V Academy): Certainly, this is why we need external monitoring by Myfxbook system, which on the one hand excludes the likelihood of soaping or faking results, and on the other hand - allows online tracing of trade held by a chosen trader.
Secondly, I should mention the growth of profit, generated by our traders, for if to extrapolate the abovementioned data, it appears that by the end of a calendar month we should expected a new record of net profit amounting to over 30 thousands points! Besides, profitability of first ten successful traders will increase by almost 30 percent.
Thirdly, I would like to specify the rising number of brokers, where our traders open their accounts. Thus, this month there have been added such famous Forex brokers as Larson&Holz and Forex Trend.
At this moment accounts of our traders are distributed between brokers in the following order:
- 43% of traders still prefer trading with NordFX;
- 15% of traders trade with a broker FBS;
- by 9% of accounts of successful traders are opened in such brokers as RVD Markets, FIBO Group, and Arsenal FX;
- by 6% of traders have accounts in FortFS and Forex Trend;
- 3% of accounts are held by traders in Larson&Holz.
- "Market Leader": Tell us more about five leaders.
- Sergei Cherepanov: I would lime to admit that five best traders have earned 6485 points, which amounts to over 40% of total profit of best traders of pro-rebate.com and already exceeds the profit made by five best traders for the last month!
- "Market Leader": And why is it so that the leader has “only" slightly more than 500 points profit, but rate of growth of his account is higher than the account at the second place, although his number of points is almost two thousand?
- Sergei Cherepanov: This is a good example when I should remind about money management, at which in order to trade
• 0.001 lot you need 50 dollars;
• 0.01 lot - 350 (ideally 500) dollars;
• 0.1 lot - 1000 (ideally 2,000) dollars:
• 1 lot - 7,000 dollars on your trading account.
Trader, owner of the first account, conducts more aggressive trade than that on the second place. This is market, and an investor has a right to choose between more aggressive, but more profitable trade and conservative, but less profitable one. Or if the size of investment allows to do so, then to compose one’s own portfolio, following the abovementioned criteria, which will include both, aggressive methods directed at deposit growth and conservative methods of trade to support positive growth of the portfolio.
- "Market Leader": Numbers show that the TOP-30 profitable traders has almost been captured by representatives of MasterForex-V trading system. Is it regularity or a game of luck?
- Sergei Cherepanov: This is a rather provocative question. To be serious, I was simply lucky to communicate with such active people, who attend our courses every month. I hope that other department will soon show their worth not worse.
- "Market Leader": Could you phrase the main guidelines of MasterForex-V TS in two words? Of course, this is a topic of a separate talk, but we would like to hear the main point.
- Sergei Cherepanov:To put it briefly, one of main principles of MasterForex-V TS is to be ready to act in any situation. No matter where the market goes, you should be ready to follow it. We have been criticized a lot for such approach, but... the time sets everything on its places.
- "Market Leader": Let us come back to the topic of our discussion. Rebate-service is good, or, maybe it does more harm than good to its users. There is no need to learn trading, simply choose an account and get profit.
- Sergei Cherepanov: This can be taken differently. Every person chooses his own way in life and solves his tasks. It is not good and not bad either; this simply is objective reality. Naturally, there will be people who will use autocopying to earn money for solving their tasks, not connected with trading. It is also good and I am glad that we can help them to achieve their goals. I want to tell about another category of people, traders. By using the service of autocopying beginners will be able to keep their money and increase future deposit while grasping the basics of stock trade. I would like to specifically highlight the benefit gained by traders who place their accounts for monitoring. It is certainly hard to take responsibility and claim your goals, and it is much more difficult to make in public. In such a case there is no way back, and you have to correspond to your statements. Monitoring of accounts is another, and not the weakest, motivation to move forward and sweat one’s guts out. And we know that with such approach success will find you wherever you are. Therefore, I support these people with all my heart.
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