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All the best trading leader gather in our community! Let's review their trading dynamics in last week!
Trading Leader Performance
Review
Fisherman
[Fisherman] became this week's “Profit Star” with a weekly win of $6,661 in 12 starts and a win rate of 83%.
xauusd07
[XAUUSD07] lost $635 with 5 shots and 40% success rate, dropping from last week's champion to the second lowest ranking this week.
KONGFU66
[KONGFU66] was the bottom ranked player this week with a loss of $874 on a 71% win rate in 7 starts, after finishing in 2nd place last week.
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Trading Review
There was a clear split between the players this week. The top-ranked player [Fisherman] has done a great job with a weekly profit of $6,661. However, the performance of other players is not as good. Last week's first and second place winners [xauusd07] and [KONGFU66] unexpectedly ranked at the bottom of this week's ranking, with losses of $635 and $874 respectively.
From their trading orders, it can be initially judged that the two have made a major miscalculation in product selection. [xauusd07] mainly operates in gold, and all of his losing orders came from longs. This shows that he in the gold repeatedly hit new highs in the market, failed to fully predict the risk of retracement, and thus suffered losses. [KONGFU66] mainly operates USD currency pairs, and similar to [xauusd07], his judgment on the weakening of the USD was also wrong, which ultimately led to losses.
In contrast, this week's top performer, [Fisherman], stood out due to his accurate market insights. Focusing on non-USD currency pairs, he managed to avoid the risk of USD-related products, and realized a weekly profit of $6,661 by trading the GBP/AUD and NZD/CAD pairs.
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