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Performance
After only 21 weeks of trading on the platform, Yoyo_FxFreedom_002 has managed to generate profits of 5,257 pips, which is a very solid result. Moreover, the drawdown is kept within reasonable limits and currently the maximum drawdown stands at meager 590 pips. From the drawdown chart you can see that it's almost non-existent, while the profit rises slowly and steadily:
Photo credit: ZuluTrade.
If the trader succeeds in keeping the drawdown at this negligible levels, we may be looking at a strong contender for the top spots on ZuluTrade.
The average pips per trade are at 8 pips, which is not the strongest reading we've seen, but that's a normal one given the short duration of trades. Indeed, the reading is above 5 pips, which means that the system is posed to withstand sudden market changes and effects from trading peculiarities like spreads and slippage. And, as we normally do, we enlist the three brokers that offer the lowest slippage with this SP: Dukascopy, AAAFx and HotForex. It's a good idea to pick among those. By the way, Yoyo_FxFreedom_002 is among the handful of signal providers who monitor how followers perform. In addition, he notices extensive slippage and warns the follower at risk. Now that's something that deserves a praise.
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