The 3rd month of tests of the innovative auto-copying system by pro-rebate.com is now over. Now it is time to look at the updated stats for changes that took place over the reporting period.
According to pro-rebate.com and Masterforex-V Academy, the 45 most successful traders managed to show the collective profit of more than 50 000 points! It is interesting to note that the TOP 10 collectively gained 34240 points or 68% of the overall profit. The traders rated 11- 20 gained 4084 points or 8% of the overall profit.
The same stats for trader rated 21-30 and 31-45 are 7983 points or 16% and 4238 points or 8% respectively. The total amount of points gained is equal to 50545.
The team of traders who trusted the project and lent their trading accounts for copying keeps on growing week by week. At this point, it counts 45 profitable traders. With that said, the investor has a variety of master accounts to choose from. They can choose between various trading strategies, approaches and styles.
For the sake of convenience, the trading stats at pro-rebate.com are updated every 2 weeks.
At this point, the mentioned master accounts can be divided into the following groups in terms of last month’s profitability:
According to Masterforex-V Academy, we can trace an interesting pattern: The 2nd group (accounts rated 21-30) generated almost twice as many points of profit as the first one (11-20). However, in absolute rems (the overall profit denominated in U.S. dollars) is lower. What does it mean? This means that the traders are more cautious and less risky, i.e. they trade smaller lots than they can afford, which is not a mistake but it leads to lower performance.
At the same time, the amount of forex brokers trusted by the traders has shrunk to 7 companies:
- NordFx is the first one with 33%.
- FBS is number 2 with 31%.
- FIBO Group - 11%.
- ArsenalFX - 9%.
- RVD Markets and FortFS - 7% each.
- ActivTrades - 2%.
TOP 5 traders in April 2015:
The mentioned TOP 5 generated 11985 points of profit or 23% of the overall profit made by pro-rebate.com traders over the reporting period.
Tips From Winning Traders
It is important to monitor trader stats as the data allow you to spot various leaks in your trading before they turn into a financial disaster. If you are a trader, please do read your stats for leaks and try to get rid of them. If you are an investor, you can do it as well in order to find out whether a certain master trader is actually worth investing in.
Try to stay emotionless as you trade or invest since no emotion has ever helped traders or investors make a decent decision. You need to have a plan and a strategy to stick to. This will help to reduce the emotional impact on your activities.
