Highest PnL in the past 7 days on Kwenta

The trader with the largest PnL in Kwenta and is the only one with a PnL over $1 million in the past 7 days.

So Bitcoin closed the October candlestick with the last days of the month full of bullish, pulling the whole crypto market back to excitement, just as expected by many people. This also puts a lot of confidence that in the last months of 2023, the market will continue to grow.

Just using the analysis tool at Copin, I found a trader who is always in the top 3 traders with the largest PnL in Kwenta and is the only one with a PnL over $1 million in the past 7 days.

(https://app.copin.io/KWENTA/trader/0x795f50722Cf5ad82F78Dda8dC8F7B235332977C3?ref=DVIOXS&time=D7)

The first thing when looking at this trader, we can see that he is getting better and better as his losing rate keeps decreasing, and in the last 14 days, he has a winning rate of 100%. The ROI was extremely impressive at 79.4% and he made $1,715,397 with just 3 trades. If you think that the more you trade - the higher your win rate, you are probably wrong and this trader is clear proof of that.

This trader also has a very slow trading style with an Avg duration in the last 7 days of more than 374 hours, so if you like fast trades - fast win style, this trader will not be suitable for you. But sometimes, waiting is happiness, and below is an example:

(https://app.copin.io/KWENTA/position/share/654230c0e1a2909f9f889cc8?ref=DVIOXS)

This trader's most recent closed order was held for up to 18 days, bringing this trader $620,758 with an ROI of 84.5%. This trader predicted the market very well and did not rush to close the order. He calmly waited for the market to go up and had a very nice closing point.

Perhaps this was something he learned from experience because before that, he closed an order early, causing the ROI to be only 3.9%.

(https://app.copin.io/KWENTA/position/share/654230dbe1a2909f9f889d1b?ref=DVIOXS)

Using the What if feature, we can see that, if this trader had calmed down and held the order for about 1 more day, he could have brought the ROI of this order up to 48% with a PnL of $73,984.

This trader also felt the market very well and had a Bullish last week of October. Before that, he seemed to be a bear when he continuously predicted the market to go down (using short orders), but timely changes and adaptations helped him earn more than 100 thousand dollars of PnL per order for the first time. And so on to reach a PnL of more than 700 thousand dollars (Even though the leverage is at a very safe level <=4). Make the trader the one with the highest PnL in the last 7 days!!

Going back in time a bit, this trader had his first trade in May, but looking at the chart, he did not trade any more during the next 3 months. Can you guess why? It's simple, because he was liquidated from the first trading!

  Nothing is easy right from the start. After the liquidated order in May, perhaps he was hesitant to continue trading or maybe he spent more time researching the market, making sure he wouldn't make mistakes next time. So, he did it when he returned to the market after 3 months with 1 winning order earning PnL 61,068$ (ROI 56.5%). After that, he had a few more losing orders, but the special thing was that his winning orders always covered his losing orders, causing his account to never go negative and only continue to increase day by day. This shows that this is a very good and safe capital management trader for you to follow.

To summarize this trader's performance, you can look at the numbers displayed on the radar chart over the past 7 days:

• Avg ROI: Better than 100% of other traders;

• Profit rate: Better than 100% of other traders;

• Win rate: Better than 100% of other traders;

• Risk control: Better than 100% of other traders;

• Frequency: Better than 61% of other traders;

• Quickly settled: Better than 8% of other traders;

What an impressive performance!

In my opinion, this is a trader with a safe trading style, sure bet - sure win; Effective risk management and capital management skills. This trader will not be suitable for those with a high-risk - high-return trading style but will be suitable for those who are cautious and do not want to lose money. In conclusion, this is a good trader for you to add to your watch list!

In addition, Copin also has a Copy trading feature, making following your traders simpler and less time-consuming than ever! To increase your trust in this trader, you can use the Backtest feature before deciding to copy.

I just did a simple backtest with a capital of 1000$, max volume for 1 position is 100$, leverage x5. After 1 month, the profit earned is $576.05 with ROI of 57.61%, max drawdown at a safe level of -3.29%.

• Tips: You can use a small amount of capital to test the effectiveness of copy trading, and then depending on your strategy, you can copy or trade in your way!

• See more about his profile at: https://app.copin.io/KWENTA/trader/0x795f50722Cf5ad82F78Dda8dC8F7B235332977C3?ref=DVIOXS&time=D7

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