Masterforex-V Club started a new contest to find the best managing traders out there to manage their money. 8 traders won the July round of the contest. As a result, each of them got 1 to 9 accounts to manage.
As you probably know, financial performance is the best way to figure out whether a certain trader is worth investing in. More often than not, investors pay attention to the monthly average and the annual average.
The winners have got a chance to boost their profits.
According to the representatives of Masterforex-V Club, all the 26 accounts were given to experienced traders based on their trading performance since early 2016. Still, special attention was paid to July’s performance since this is vacation time, when financial markets go less volatile and harder to trade. Often times, the markets get tricky and behave in a less predictable way, which means that only traders with many years of expertise can actually make money in such markets.
This is the dynamics shown by the winners in July 2016 (myfxbook):
1. Xilonn.
Initial capital: $ 1 000.
Profit: $212 or 21,2%.
This is one of the best results among the participants. Masterforex-V Club decided to trust him with 9 accounts at a time. Now the trader can get around $700 of extra profits provided that the profitability level stays the same.
2. Anarark.
Initial capital: $ 1 500.
Profit: $137.
Masterforex-V Club trusted him with 6 accounts at a time. Now the trader can make at least $500 of extra profits provided that the profitability level stays the same.
3. 1713110.
Initial capital: $ 2 600.
Profit: 16,95%.
Masterforex-V Club trusted him with 6 accounts at a time. Now the trader can make at least $300 of extra profits provided that the profitability level stays the same.
4. Vit1968.
Initial capital: over $ 6 000.
Profit: 162,76%.
Outstanding result! Still, Masterforex-V Club trusted him with 1 account this time. Why? Because he is a risky trader – 1-2 standard lost with only $6000 equity. The profit in points is just 422 points. That’s why the investors decided to reduce their exposure to this one.
Now the trader can make at least $250 of extra profits provided that the profitability level stays the same and the risk is reduced. If everything is ok, the investors will expand their exposure.
5. Zavowih.
Initial capital: over $ 230.
Profit: 6,24%.
Masterforex-V Club trusted him with 1 account. Now the trader can make around $70 of extra profits provided that the profitability level stays the same.
6. Senshin.
Initial capital: over $ 6 000.
Profit: 18,89%.
Masterforex-V Club trusted him with 1 account. Now the trader can make at least $200 of extra profits provided that the profitability level stays the same. This trader can become the leader if he sticks to the money management and stays confident.
7. Alex-Zine.
Initial capital: over $ 11 000.
Profit: 42,83%.
Masterforex-V Club trusted him with 1 account. Now the trader can make at least $100 of extra profits provided that the profitability level stays the same. If everything is ok, the investors will expand their exposure.
8. Nurlan
Initial capital: CNT1495.74
Profit: 27,08%.
Masterforex-V Club trusted him with 1 account. Now the trader can make at least $50 of extra profits provided that the profitability level stays the same. If everything is ok, the investors will expand their exposure.
Best Traders Enter VIP Account Chart For Auto-Copying
In July, the winners collectively made 5448 points of profit. All of them are now on the list of the best accounts available for automated copying. If they stay profitable, they may count of bigger investments over time.
The contest is still underway. The next round is planned for September 1st through 31st.
The contestants represent 3 Departments of Masterforex-V Academy:
-Masterforex-V TS
-Department of Scalping and Short-Term Trading
-SRP Department (АО and WPR)
They trade with such brokers as NordFX, FIBO Group, ForexTime (FXTM), PrivateFX. All of them belong to the rating of the best FX brokers on the web.
For more details, please visit Masterforex-V Club.
