November 2015 Recap for Leonardo Benamo
Leonardo Benamo has shown reasonable trading performance throughout the month of November. However, by the end of the month, due to unusual market conditions and uncertainty that persisted in the market, the overall account balance dramatically declined after reaching a maximum of $14,996 during the month. In order to get a detailed idea of his trading performance, let’s look at a brief overview of his trading result.
Trades vs. Success Rate
There was a total of 71 trades placed by him during the month of November, and 43 out these trades turned out to be in profits as the month ended. After looking at the bar chart, it can be seen that the win-loss ratio was pretty reasonable every week except the last week of November, when there were more losing trades as compared to the winning trades. Since, he deals with high risk trades, the trade size ranged between $500 and $1,000 on which he earned the outcome between $800 and $1,850 respectively.
Net Profit Percentage of ROI
Benamo started off with the account balance of $10,000, and managed to increase it by 45 percent by 24th of November. But due to uncertainty, the balance plunged to about $11,329.07 by the end of the month.
Although, it was a zigzag equity curve, but it showed an overall increasing trend throughout the month with the exception of the last week, when it moved in the downward direction. Despite the unusual trends and aggressive fluctuations observed in the market, Benamo was able to maintain a reasonable account balance throughout the period.
The majority of the assets in the trading portfolio were currency pairs, including AUD/USD, EUR/USD, EUR/JPY, USD/JPY, GBP/USD, NZD/USD, USD/CHF, USD/CAD, and USD/SGD. There were other trades as well, like the DAX and GOLD.
If you look at the overall trading result of Leonardo Benamo, it can be seen that he gave satisfactory performance despite the challenges he faced during the month of November. He is a risk taker and follows an aggressive approach, in which, chances of winning are as high as chances of losing it all. Keeping that in mind, Benamo performed reasonably well, and managed to retain a fair outcome during the whole period.