BESOMEBODYFX

PRIVATE NETWORK PERFORMANCE

Trades
BESOMEBODYFX
PERFORMANCE SINCE INCEPTION
Alright, it’s time to recap the performance of the BeSomebodyFX Private Network inception to date.

Performance, so, let’s begin with mine…

You may not know, we are 2 traders in the Private Network, there is me doing medium term trades and Sean doing longer term trades.

Let’s begin with me:

I’m up around 85% since inception, with an average of 1.3% a month with a max drawdown of 6%.

The whole Private Network focuses on capital protection first, so first we make sure the account is well protected and safe and then we watch at the profits.

With a 6% drawdown, I’m pretty satisfied with the results.

But let’s see some in-depth stats for the account:

Average win of about 140 pips, and average loss of about 120 pips, with total pips gained 6120, in total a win rate of about 50%.

It’s nothing special and spectacular but it’s enough to have consistent stable profits while protecting the capital.

And now let’s see Sean’s data:

As you can see Sean has a much better profit to drawdown ratio.

And not only that, his stats are much better overall:

Average win of about 1160 pips and loss of 263 pips, win rate is ONLY 43%, which is the true representation of the power of risk reward, you don’t need a high win rate when you let the profits run and cut the losses quickly.

But it’s not everything.
 

Because Sean has some focus on stocks as well.

And with stocks I mean mostly the S&P500.

And so here is his performance there too:

I can just congratulate to him and be proud and happy that he is part of the team.

He truly is a gem and his trading style is fantastic.

Sean shares his reports every sunday, then he shares the details of his pending orders to set when the market opens and that’s it, done for the week.

After that, the trades are not touched during the week…

Literally, the pending orders are set at the beginning of the week with the various details (stop loss and take profit) and that’s it, he is done for the whole week.

That is what trading is all about in my opinion, the ability to make decent profit without much effort.

The realwork smart, not hard.

I’m different from him, I’m a market junky…

Hence I love to monitor markets day in and day out, and I definitely envy his ability to just set and forget trades for the whole week and actually outperform me.

Anyway, you can check his live up to date performance anytime here on this link:

Sean’s page.

Alright, let’s get back to the Private Network performance.
 

We have to mention the crypto portfolio as well, and I am proud to say that the portfolio is up about 250% since inception.

Obviously, crypto being more volatile yields higher returns, but we DON’T short term trade it, usually.

We just ride the large macro trends in crypto, we did it with the bull market in 2020 and 2021, and we took profit and went defensive with before the bear market in 2022, to then turn long again in early 2023.

We buy and sell crypto unleveraged on various exchanges, which means I can’t show you any proven track record the same way we did above with the FX trades.

But I like to be transparent and show something real and practical rather than just fancy words. 

Therefore given that we don’t have the stats of the crypto portfolio because the exchanges can’t be connected to myfxbook. I thought why not share a few of the analysis that show you how we caught the large macro trends:

https://mailchi.mp/2d0f830d64a4/the-next-crypto-bull-run-its-around-the-cornerr

We like to send email notes like this one above to the Private Network members.

The email notes like the ones above are sent to explain in every detail our thoughts behind our core trades.

And of course on top of the fundamental explanation of the trades we also alert on every trade we take, so trade entries are shared in real time on the private Telegram channel.

The last performance worth noting:

We have one last thing to share, a tool that since its inception in 2020 has outperformed both me and Sean combined 😉

It’s the smart money index tool on the besomebodyfxterminal.com

Yes, a small strategy we put together that is semi automated that shows when it’s safe to buy the S&P500 dips after a deep correction…

I don’t want to bore you with all the technicalities so if you want to check how it’s built and the whole performance, here is the link:

https://besomebodyfxterminal.com/how-to-use-the-smart-money-index/

To conclude:

We have mentioned everything, this is how the Private Network is doing since inception.

But I want to take a moment to puntualize that the Private Network is MUCH more than just signals.

Because we share all our thought process to come up with a trade, and we share all our exclusive market researches.

Any decent trader can easily outperform us just by following our email notes and insights shared in the private Telegram channel and eventually even get better entries than the ones we share.

And not only that, I’m a very conservative trader so I risk even less than 1% a trade. 

In other words,, the performance you see in my account is for the performance of a very risk averse trader.

And for instance, a more risk tolerant one could easily increase the performance by taking 2% of risk per trade, or 3% and so on.

I hope this kinda makes sense for everybody, the more you risk the higher the reward but the higher the risk as well.

As I was saying the Private Network is much more than just signals but we would be here hours if I wanted to list all the benefits of the Network so I guess I will just leave it to the reviews:

https://www.trustpilot.com/review/besomebodyfx.com

 

Cheers,

Jay from the BeSomebodyFX Team