Interim Report of Daily Trading Technical Analysis for November 2020

Interim Report of Daily Trading Technical Analysis for November 2020

Written by: PaxForex analytics dept - Tuesday, 01 December 2020 0 comments

Source: PaxForex Premium Analytics Portal, Technical Insight

November was a great month for the currency and stock markets, with the Covid-19 vaccine from several companies showing successful clinical trials having a positive impact on the markets, which moves prices to new heights.

Now we provide a detailed report on income in financial markets: 

So, on the currency trading we made a profit of 1606 points, which is 32.12% of tradable balance from $1000 - $50,000, where the maximum profit was $16,060. With a tradable balance of $50,000-$500,000, the maximum profit was $160,600.

On the stock market the profit made up 1003 points, which is equal to 20,06% of tradable balance from $1000-$50,000, where the maximum profit was $10,030. With a deposit of $50,000-$500,000 the maximum profit was $100,300.

The total profit on two markets amounted to 2609 points, which is 52,18% of the balance between $1000-$50,000, where the maximum profit amounted to $26,090. With a deposit of $50,000-$500,000 the maximum profit made up $260,900.

  • Total number of trades closed by Take-Profit: 50;
  • Total number of trades closed manually: 25;
  • Total number of trades closed by Stop-Loss: 30.

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Take care of yourself, and enjoy more profit!  

Regards,  
PaxForex team