In today’s blog, I’m going to scout the still number one ranked trader overall in the ongoing Tradingcup Leaderboard, no other than Kaede Honjou.
Luca Santos has already talked about him recently so it is time for me to share more information about what makes him the number one trader overall.
I, myself, am excited to uncover his key trading statistics and highlights that keep him the MMR Rank #1 to this day. So please stay to the end.
Trading Statistics
Kaede Honjou performed a total of 6,850 trades across 2 different instruments including:
Total Trades: 6,850
Won trades: 5,331
Loss trades: 1,499
Break Even trades: 20
Win rate: 77.82%
Average gain on wins: $1.04
Average loss on losses: -$1.78
Biggest Win: $102.34 (EURUSD)
Biggest Loss: -$26.26 (EURUSD)
Trade Direction: 3,418 Buys/Longs & 3,432 Sells/Shorts (50.10% of all his traders are Sells/Shorts)
Best Performing Instrument: EURUSD ($1,488.76 Total Gross/Unrealized PnL)
Worst Performing Instrument: GBPUSD ($1,405.36 Total Gross/Unrealized PnL)
Fastest Trade: Less than 1 Minute (GBPUSD)
Longest Trade: Approximately 3 Days (GBPUSD)
Average Trading Volume: 0.01 Lot Size
Smallest Trading Volume: 0.01 Lot Size
Largest Trading Volume: 0.43 Lot Size
Average Win to Loss PnL Ratio: 58.43% or 0.58:1 risk/reward ratio
Kaede Honjou has traded for approximately 198 days from August 22, 2023 to March 7, 2024 with an average of 34.59 trades per day and an average holding time of 2.83 hours. He traded two Forex major pairs only and actively trading up to this day.
Key Highlights of Kaede Honjou
Excellent Max Drawdown Control
The best max drawdown control in all of Tradingcup platform!
Just one direction which is all the way up.
No arguing on this, period!
Using Expert Advisors (EAs)
Tradingcup allows participants in using Expert Advisors or EAs specially in Forex trading.
Small starting capital is not a problem to be a profitable trader when using EAs. This is the case of Kaede.
Anyone can possibly grow a mere $100 to $100,000 by using it!
Numbers won’t lie. Tradingcup has made sure that with its MMR (Money Management Ranking) based ranking system guarantee traders like Kaede can go hand in hand with other large account traders.
Advantages of using EAs:
- EAs allows a trader for executing high frequency trades thus can do more trades versus the normal manual trading. Kaede has done 34.59 trades per day.
- EAs removes human emotion factors on trades. Kaede has an average holding time of 2.83 hours per trade!
- Automated trading with ease even a trader is away from monitoring.
To learn more about Forex EAs, visit the link below:
https://acy.com/en/market-news/education/expert-advisors-benefits-forex/
Becoming a Signal Provider
By utilizing the use of EAs, Kaede has become a signal provider.
Only traders like Kaede can share copytrading signals with proven and backtested EAs.
Being a signal provider means a copytrader is fully aware that he is dependent on the outcome of the former’s trades.
If the signal provider has a working strategy so the copytraders too.
The same is true to risks involved like possible losses!
Anyone can be profitable or losing when copytrading.
No guarantee!
Confidence in Trading Larger Position Size
Kaede’s average trading volume is 0.01 lot size but every time he increases his position size, he won it big time!
Knowing that the EAs he is using is very efficient, he found confidence in it.
I’m pretty sure that Kaede manually override the EAs’ protocols he is using on these larger trades to capitalize more of its power. Truly skilled.
Confidence in general is also a much needed attitude for an aspiring trader.
Luck vs Skill
To be lucky in trading only happens randomly and few times more if you are lucky indeed but with skills, you can go for long term through consistent efforts and keep improving along the way.
No time to trade or manage your trades? You can do so by subscribing to a qualified signal provider.
Working Signals Attract Copy Traders
Undeniably, one of the immediate reactions of a working signals is attracting copytraders.
There are handful of copytraders backing Kaede as being the number one in the Tradingcup platform.
Kaede is also winning with his other portfolios.
Conclusion
Surely Kaede proves his worth, with his outstanding statistics and performance, he surely deserves to be the number one trader in Tradingcup.
One of the criteria in order to be a solid signal provider is an excellent drawdown control prowess by using EAs.
Congratulations to Kaede Honjou for maintaining his top spot and achieving 159.86% returns.
His trading statistics may change the next time we update him as the ongoing Tradingcup leaderboard updates every hour.
Although Lin Yang has momentarily claimed the first rank on February 23, 2024, his remarkable trading methods continue to work in his favor.
King Yeung Wong is surely working hard right now for the top spot.
This is the competitive nature of the Tradingcup where best traders continue to enhance their trading portfolio and share their strategies.
You can subscribe to his trading signals by clicking the copy button on his profile:
You can check his profile for more trading statistics through the link below:
https://www.tradingcup.com/signals/352221?server=7&login=352221
Are you a skilled and talented trader or a fund manager looking to join the ongoing leaderboard competition, provide or copy trading signals?
Join by visiting the Tradingcup website now.
Discover Profitable Signals
At Tradingcup, you can browse through a selection of signals and review past performance before you decide to copy.
Become A Signal Provider
Share your expertise and become a signal provider so other traders can copy your trades.
Stay tuned to our blog for more trader spotlights and leaderboard updates.
Copy trading and trading directly involve risks.
Visit the Tradingcup blog through the link below for more updates:https://www.tradingcup.com/learn
