What if I told you that in today’s Tradingcup blog episode will be different compared to my recent writings because I am going to feature another skilled trader under the code name Riadh Debbabi who generated 67.52% returns on a big account.
I am going to unravel his trading statistics and key performances who trades in an institutional level.
How did he achieved 67.52% returns managing account this big? We’ll find out soon.
Trading Statistics
He has traded on EURUSD exclusively with a mind-boggling total of 89,999 trades!
He started trading from August 18, 2021 to August 15, 2022. That’s an average 248.61 number of trades per day! Crazy!
Since the number of trades is extremely high, I cannot extract the rest of his trading data like I normally did on my previous blogs so here’s an image screenshot of his key statistics:
Based on the trading data provided, I have gathered key points that lead to his success.
High Frequency Trading
It is nearly impossible to trade 248.61 number per day through manual trading!
Riadh could have resorted in using Automated Trading (Algorithmic) and Expert Advisors (EAs) especially he’s trading EURUSD exclusively which works well in Forex markets.
Less to No Leverage
It is advantageous to trade big capital with less to no leverage because traders expose positions to much lower risks. Not worrying too much of being liquidated or margin called.
There are still risks involved however, trading this way has lower chances of getting huge losses.
Only Specific Traders Can Trade In An Institutional Way
The first thing that comes to my mind is the challenge in managing huge amount of capital!
We are talking big here! Riadh made a total of 89,999 trades and won 70.02% of these. I can’t imagine the utmost pressures that he had to face during the course!
As a trader myself, I can really tell that it is a total whole new experience when trading at this level.
With a total deposit of AUD$347,409.85, only specific and certified traders like Riadh who has the ability to manage risk and as well as generate returns can do the job.
Imagine this, he pulled out an estimated AUD$2.61 net gain per trade while allowing max drawdown to 4.18% only. Such a remarkable and inspiring achievement.
The term institutional is often linked with the Banks which are usually the ones trade large amount instances.
In Riadh’s case, he might be either a rich entity or an expert trading strategist.
Take note that my assumptions are all based from his Tradingcup profile:
https://www.tradingcup.com/signals/610025823?server=6&login=610025823
Conclusion
With all the pressures involved along with the methods he utilized, Riadh is surely a responsible and profitable institutional type of trader.
Congratulations Riadh and best of luck to your next trading achievements!
Riadh has won the Tradingcup Championship back in 2022:
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