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Albert Dietrich (fifty-five) | Excellent Copy Trading Choice

albert dietrich copy traderToday I would like to present you a very successful German forex trader who has been recently picked by eToro´s editors. His name is  Albert Dietrich (alias fifty-five) and has been trading on eToro platform since 2015.

Great thing about this top trader is that he was able to finish every single trading year at profit.

So who is Albert Dietrich?

1. Trader´s Introduction

Albert Dietrich comes from Germany and according to his own words he has 6 years of trading experiences.

This is his 4th year on eToro trading platform and so far so good. All years closed in profit, he keeps his risk very low.
His trading strategy is to scan markets for good trading formations. If he finds anything interesting he opens usually one trade per day, sometimes he do not open any trade if there are no trading opportunities.

Albert do not suggests you to copy his open trades as sometimes he closes them pretty soon. His holding time is somewhere between 24 hours and one week.

Albert is not a full time forex trader. He works full time as engineer. When he has some spare time he likes to fully concentrate on charts scanning and trading. Therefore he do not reply to all comments his copiers might have.
But (according to his own words) you can be sure he will be trading responsibly because it is also in his own interest to earn profits on ongoing bases.

2. Trader´s Trading Performance

As I have already mentioned, Albert started to trade on eToro platform in November 2015. His last two months of that year were both profitable and so he booked 7.36% p.a.

trading stats

Albert kept going in the same fashion also in year 2016 when he delivered 17.60% profit. Last year 2017 was even more profitable for him and his copiers when he gained +26.40% profit.

Albert´s YTD trading performance is +6.15 so far. It is interesting that during his trading career on eToro he only had four losing months. That is a good news for those followers and copiers who have hard times to stand any losses or big drawdowns.

3. Trader´s Risk Score


Albert´s risk score is very…on average it is not more than 3 out of 10.  As you can see on the screenshot above, this trader´s maximum daily drawdown is around 2% and his overall yearly drawdown was only -5.07%.

That are really good numbers that tell us Albert Dietrich applies a very low risk trading system.

4. Trader´s Popularity

Speaking about fifty-five´s copiers.

Albert Dietrich´s trading performance in the last 3 years and his low risk strategy has been a very good attraction for thousands new followers and copiers.

As of today there are 1.034 people copying Albert´s trading activity. These people have put between $300k and $1 million of their funds into the trader´s hands.

As I have already mentioned couple of times, being selected to Editor´s Choice list on eToro platform is a sure way to get as many copiers as possible in a short period of time.

Albert is a great example as he accrued +332 new copiers in the last 7 days only.

 Trader´s Favourite Assets

Almost 69% of Albert´s trades are currency pairs, mostly EURUSD and USDJPY. Rest of his trades is split between indicis like DJ30 and commodities.

6. Pros and Cons

In this section I would like to shortly list couple of pros and cons of this trader so you can better decide whether you give him a chance to trade with your money or not.

Pros:

–  profitable positive trading record
– all years finished in profit
– currently very low risk score
– only 4 losingg months during his etoro trading career

Cons:

– so far none

 

7. Last Words

Copy or not copy. That is a Hamlet like question. Usually it is a tough decision but not this time.   Albert Dietrich (alias fifty-five) who is currently among most recommended eToro forex traders seems like a good choice. He has many pros and for now no cons. Trading responsibly and with low risk. If you are happy with profits between 10-30% per year go ahead and copy this popular investor. And do not forget to diversify even though Albert looks risk free.

 

Warning: All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results. This post is for educational purposes and should not be considered as investment advice

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