BasisTrading is one of our favourite boring traders. He trades mostly Dax with a little bit of EURUSD and WallStreet and a few other markets. He is yet to have a losing month and November is showing good gains also at this time.
The key to this trader’s performance is that he trades in small size and is happy to go either long or short. He trades quite actively but will cut losing trades in preference to trying to weather out the storm. This is highlighted by his 79% winning trade rate and historic draw-down of just 11%.
The monthly returns are very low as a function of his small trade sizes but this leaves a Follower free to increase the default deal size via the ‘Multiplier’ setting on their account if they wish to take on more risk for higher returns.