August 2015 Recap for Joe Fisherman

August 2015 Recap for Joe Fisherman

Joe-Fisherman-minJoe Fisherman, our Featured Trader for August, was the 3rd best ATB trader in August. He has been performing exceptionally well, and is high in demand as so many investors are asking for his managed account services. Below is a synopsis of his trading activity for the month of August.

 

Equity Curve

Assuming a starting balance of $10k, Joe's equity curve (as usual) showed quite stable gains over time. The beginning of the month was a bit unpredictable as the markets were rugged, but even then, drawdowns were minimal.

joe-trades0

Trades Vs Winning Percentage

Joe opened 135 trades during the month of August, and 86 out of these 135 trades ended in the money (profitable). His overall trading result was 64%. Most of the trades in his portfolio were medium and high risk trades, with the minimum trade size of $100 and the maximum trade of $500, on which he earned a payout between $170 and $925 respectively.

 joe-trades1

Return on Investment

Assuming a starting balance of $10k, Joe's portfolio ended the month of August with a value of $19,780.64. The Return on Investment (ROI) for August was 97.8% for his investors.

His trading graph shows a steady increase in August, with slight fluctuations. During the last 10 days, his equity curve showed a sharp increase from $14,000 to $20,000.

Trading Portfolio

Majority of the trades opened by Joe were in currency pairs. He also traded GOLD and TADAWUL, but unfortunately, none of the TADAWUL trades were successful. However, the GOLD trade earned a payout of $425 on the trade size of $250.

If you look at the overall portfolio of Joe, he has played tremendously well from the time he has started trading for ATB platform, and continues to surprise the investors, who have chosen his trading services.

joe-trade2

Interested in Joe Fisherman's Automated Strategies?

To get more information, including a full trading statement for the month of August, please contact us.

More About Monthly Featured Traders

  • Every month we follow ONE featured trader
  • We announce the trader at the beginning of the month
  • We publish weekly stats of the trader throughout the month
  • The Featured Trader offers exclusive promotions for new investors

If you are interested or have any questions, get in touch with us.

3 Comments
  1. Kevin Brown
    September 7, 2015 at 18:59
    Reply

    Impressed.

  2. niranjan
    September 11, 2015 at 02:45
    Reply

    I was lucky to start with Joe in August - you may not believe, he brought my account to 3.5 times my initial investment (includes trading profits, insured trade profits). He is great!

  3. Robert Owen
    September 11, 2015 at 15:33
    Reply

    I am very new to this kind of trading and someone has told me, because binary options, trading CFDs, spread betting etc. is a form of gambling, in the UK, any gains are treated the same as wins from bookmakers, the lottery etc and they are not subject to taxation. It is hard to imagine this is the case, and as there cannot be very much in the way of expenses to claim against tax if it is due, except maybe the costs of running a pc on line, it is more likely most of the financial gain will be taxable. No stock, no special equipment, no labour or travel expenses are involved, the only essential requirements needed to trade are a computer and some capital, which suggests the majority of all earnings will be classed as income. Can anyone explain exactly what the tax liabilities are please and if there are any special tax rules concerning binary trading ?

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