Covesting Copy Trading: September 2022 Monthly Trader Report

November 9, 2022
Reading Time: 4 min
Covesting Copy Trading: September 2022 Monthly Trader Report - sept blog PrimeXBT

Months ago, we launched the recurring PrimeXBT Monthly Trader Report with the goal of highlighting top traders ranked across a variety of metrics within the Covesting copy trading module leaderboards on PrimeXBT. Since then, the competition has increased significantly, and strategy manager ROI has soared.

We’ve also witnessed a number of newcomers gaining unprecedented fame and fortune quickly while familiar faces continue to dominate in all-time profits.

Here is a сloser look at September’s performance.

Note: The Monthly Trader Report is only a statistical display of data and should NOT be considered investment advice. Please exercise caution, and do not trade beyond your limits when deciding how much risk to take on.

Total Profits 

The PrimeXBT team collects the data on the most profitable strategies of all time. 

The very first thing prospective followers look at is all-time profits, as it is the measure of the current best of the best the copy trading community has to offer. Top traders in this basket have a chance of joining the Covesting copy trading Wall of Fame.

Topping the list is Citadel Two for yet another month. In second place is Bitenergy, who moved up from fourth place in last month’s standings. A new name has entered the top five, who was a top newcomer during August – Grander is off to a profitable start in third place. 

Blitzkrieg Fund also made a return but fell from second place to fourth, swapping places with Bitenergy month-over-month. Finishing out the top five in all-time profits is a newcomer who also made it into the all-time profits list, making Harmony Bet a strategy to keep an eye on.

Strategy Name
All-time Profit
Monthly Profit
Active Days
Followers' Equity
Followers
Stars
Citadel Two
4026.92%
71.87%
87
1.95 BTC
187
4
Bitenergy
1375.84%
47.69%
505
11.85 BTC
674
4
Grander
909.82%
54.73%
54
0.8 BTC
70
5
Blitzkrieg Fund
766.73%
-37.37%
73
27.16 ETH
99
5
Harmony Bet
409.43%
409.43%
17
0 BTC
0
1

Monthly Profit

The PrimeXBT team collects the data of the most profitable strategies in September 2022 alone. 

A trader who has several months of active trading, Keyoro10T, has sprung up to the top spot in terms of monthly profits with 76% for September, making them a clear stand out. BTCBOT is right behind, ranked in second, with 65% ROI, taking their all-time profits to 274%.

Golden Strategy took in 63% for September and made it in third place in the monthly profit list. Grander, who also placed in all-time profits and was a newcomer last month, added 54% in profits to their already massive 909% all-time profits generated in only 54 active days of trading.

Bitenergy, from the all-time profit list, also showed why they regularly find their name among the top five in both all-time and monthly profits, with 47% added to their staggering 1391% all-time profits. What will next month’s profits bring with the start of the last quarter of the year?

Strategy Name
All-time Profit
Monthly Profit
Active Days
Followers' Equity
Followers
Stars
Keyoro10T
10.45%
76.02%
151
0 ETH
0
2
BTCBOT
274.08%
65.98%
65
0.94 BTC
85
5
Golden Strategy
15.81%
63.09%
176
202.17 USDT
2
3
Grander
909.82%
54.73%
54
0.8 BTC
70
5
Bitenergy
1391.80%
47.71%
505
11.85 BTC
678
4

Monthly Profit Among Newcomers (less than 30 days)

The Covesting team collects the data on the most profitable strategies created in September 2022. 

As Grander has proven, making it into the list of monthly profit among newcomers is often a sign of the start of a long career as a strategy manager. Which of this month’s newcomers will also make it onto the all-time profit list?

This month’s list is topped by Harmony Bet, who, as we pointed out above, also managed to make it into the top five in terms of all-time profit in their first month of trading, with 409% ROI. Fed Set made money while the actual Fed has been raising interest rates, taking in 392% in September. 

The strategy manager long game was close behind in third with 381%, while 1way2go came in fourth place with 200% in profits for September. Last but not least was Moon Soon, with 126% profits in only one short week of trading activity.

Strategy Name
Monthly Profit
Active Days
Followers' Equity
Followers
Stars
Harmony Bet
409.43%
17
0 BTC
0
1
Fed Set
392.61%
15
0.0017 BTC
1
1
long game
381.57%
24
0.029 BTC
7
3
1way2go
200.73%
25
1117.09 USDT
10
3
Moon Soon
126.39%
7
0.001 BTC
1
0

Maximum Win Ratio

The PrimeXBT team collects the data of the strategies filtered by maximum win ratio in September. Traders are listed in ascending order by win ratio.

Maximum win ratio shows further prowess by Al Algorithm, which had a 100% win rate across 13 closed orders and 43% monthly profit. Two months of a 100% max win rate has taken their all-time earnings to 87% ROI.

OMG Yeahhhh is back also with a 100% max win rate across a total of 31 orders for 26% in profits. Salahx20041COV also had a 100 % max win rate and was right behind in ROI with 24% across 59 trades.

DIPBUYER also made a return in the max win rate list this month, with 38 trades and 11% in profits for September. A newcomer strategy named Rab also had a 100% max win rate with 28 trades to show for the month and a 7% return.

Strategy Name
Win Ratio
# of Orders
Monthly Profit
All-time Profit
Active Days
Followers' Equity
AI Algorithm
100.00%
13
43.34%
87.40%
50
0.1 BTC
OMG Yeahhhh
100.00%
31
26.05%
89.35%
70
0.038 BTC
Salahx20041COV
100.00%
59
24.06%
36.63%
8
0 COV
DIPBUYER
100.00%
38
11.88%
54.25%
48
0.006 BTC
Rab
100.00%
28
7.24%
21.82%
13
0 BTC

September 2022 PrimeXBT Covesting Summary

The Covesting leaderboards are showing more diversity and stronger performance than ever before. The Monthly Trader Report, the Wall of Fame, interviews with Covesting traders, and more all help provide greater transparency into the peer-to-peer copy trading community and what it can offer followers. 

The competition only gets better with each passing month, creating more opportunities for followers to take advantage of. Check out the Covesting leaderboards on PrimeXBT and get a glimpse of the competition yourself. The Covesting copy trading module is available exclusively at PrimeXBT. What will October bring in global markets and in the leaderboards? Click here to see last month’s results.

Risk Disclaimer
Investing in or trading gold or other metals can be risky and lead to a complete loss of capital. This guide should not be considered investment advice, and investing in gold CFDs is done at your own risk.
The information provided does not constitute, in any way, a solicitation or inducement to buy or sell cryptocurrencies, derivatives, foreign exchange products, CFDs, securities, and similar products. Comments and analysis reflect the views of different external and internal analysts at any given time and are subject to change at any time. Moreover, they can not constitute a commitment or guarantee on the part of PrimeXBT. The recipient acknowledges and agrees that by their very nature any investment in a financial instrument is of a random nature and therefore any such investment constitutes a risky investment for which the recipient is solely responsible. It is specified that the past performance of a financial product does not prejudge in any way their future performance. The foreign exchange market and derivatives such as CFDs (Contracts for Difference), Non-Deliverable Bitcoin Settled Products and Short-Term Bitcoin Settled Contracts involve a high degree of risk. They require a good level of financial knowledge and experience. PrimeXBT recommends the consultation of a financial professional who would have a perfect knowledge of the financial and patrimonial situation of the recipient of this message and would be able to verify that the financial products mentioned are adapted to the said situation and the financial objectives pursued.

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