February was not the best trading month that we have had so far, but amazingly we managed to come out ahead by $15.87 in profit for the two trading weeks of February.
There were some rough days in there. One Friday last week we had 2 wins and 7 losses. Not in a row, but for the day.
If you were unfortunate enough to start your copy trading in this rough patch, just stick with it as you will see that we have taken a $200 starting account to $2358.76 in profit in 7 months.
Remember we suggest 5% and 5 to 10% maximum, with 10% being the absolute maximum.
Do not go over that 10%.
In fact 5% is the sweet spot.
What is good about compounding compared to flat stake money management is that when you are on a winning streak, your trade size gets bigger and when you on a losing run, each successive trade gets smaller.
This is the best way to trade binary options.
Just stick with it.
Herewith, our trading results to 18 February 2020.
Trading 5% compounding of our account balance per trade, of our starting balance of $585.30 , since 5 November 2019, our profit to today, 18th February 2020, is $1 973.46 which is a Win Rate of 63.69%
Our longest losing streak (LLS) was 4 trades in a row and our longest winning streak (LWS) was 11 trades in a row on a total of 363 trades taken.
That brings our total profit to $2 358.76 on our opening account of $200 since starting our copy trading service on the 16th July 2019
You can download all our trade history from the following link: