We are back with the second installment of our monthly reports on the top-ranked Covesting strategy managers on PrimeXBT. The monthly trader’s report is designed to provide potential followers with the deepest insights into the best performing strategies the platform has to offer.
Each month, we highlight a new set of traders based solely on performance. This month, we are focusing on the top performing traders in the month of July 2022. Here is a closer look at this month’s performance across a variety of metrics.
Note: The Monthly Trader’s 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 of the most profitable strategies of all-time.
The Covesting leaderboards on PrimeXBT in July were filled with extremely profitable traders, in terms of all-time profits. The top trader for the month was none other than Citadel Two, clocking in more than 2,300% returns. To put this feat into perspective, that is more ROI than the last 30 years of the S&P 500 combined.
In second place is Boston Dyne, right behind Citadel Two with just under 2250% returns. Although Boston Dyne has been around slightly more than a month, the trader earned their profits during the past month alone.
In third, is a familiar name with Bitenergy. The trader is a veteran of the community with more than 440 days active and a staggering more than 1000 followers. Bitenergy boasts more than 1144% in total profits, despite struggling a bit during July.
Next, in fourth place is Wazzzz with 987% returns for the month. In fifth place for all-time profits is Blitzkrieg Fund with a shocking 611% returns logged in the all-time profit and monthly profit column.
Strategy Name | All-time Profit | Monthly Profit | Active Days | Followers' Equity | Followers | Stars |
Citadel Two | 2302.22% | 2302.22% | 22 | 0.76 BTC | 34 | 2 |
Boston Dyne | 2248.87% | 2248.87% | 34 | 0.45 BTC | 34 | 3 |
Bitenergy | 1144.36% | -32.14% | 440 | 10.23 BTC | 1019 | 3 |
Wazzzz | 987.33% | 237.20% | 38 | 3.1 ETH | 12 | 3 |
Blitzkrieg Fund | 611.39% | 611.39% | 8 | 0 ETH | 0 | 0 |
Monthly Profit
The PrimeXBT team collects the data of the most profitable strategies in June 2022 alone.
The monthly profit list is led by Boston Dyne, who is ranked in second in terms of all-time profits. With the trader making their debut in June, all of their earnings began to pile up starting in July.
In second place for July monthly profits, is a strategy named BONHEUR TO USDT with 315% returns and is ripe for following. Wazzzz, who also ranked in the top five in terms of all-time profits, did so thanks to 257% returns generated in July alone.
BONHEUR TO BTC ranked in fourth with 252% returns, and Waz has 245% returns to rank in fifth place. The month was clearly challenging for all traders, but the top trader had nearly ten times the performance of others in the top five. Will the hot streak continue for Boston Dyne?
Strategy Name | All-time Profit | Monthly Profit | Active Days | Followers' Equity | Followers | Stars |
Boston Dyne | 2248.87% | 2248.87% | 34 | 0.452 BTC | 34 | 3 |
BONHEUR TO USDT | -13.48% | 315.89% | 42 | 0 USDT | 0 | 0 |
Wazzz | 987.04% | 257.52% | 38 | 2168.50 USDC | 7 | 3 |
BONHEUR TO BTC | -86.72% | 252.57% | 43 | 0 USDT | 0 | 0 |
Waz | 957.42% | 245.39% | 38 | 0.22 BTC | 41 | 3 |
Monthly Profit Among Newcomers (less than 30 days)
The Covesting team collects the data of the most profitable strategies created in June 2022.
The list of monthly profits among newcomers signing up within the last 30 days really shows incredible promise in the latest brood of traders. Citadel Two, who came out swinging hard enough to take the top spot in all-time profits, easily topped the list of monthly profit among newcomers with more than 2,300% returns.
Blitzkrieg Fund, who made it into the top five along with Citadel Two, ranked in second for newcomers in terms of monthly profits for July with 599% returns. Tomato Kun came in third with 439% returns, while SunriseTrading1 and Get are neck and neck at fourth and fifth place with 166% and 164% returns, respectively.
With such high returns right out of the gate, these traders will be worth keeping a close eye on. Which traders will hold onto their gains, and which will fall out of the top five?
Strategy Name | All-time Profit | Monthly Profit | Active Days | Followers' Equity | Followers | Stars |
Citadel Two | 2302.22% | 2302.22% | 22 | 0.764 BTC | 34 | 2 |
Blitzkrieg Fund | 599.76% | 599.76% | 8 | 0 ETH | 0 | 0 |
Tomato Kun | 439.19% | 439.19% | 12 | 0.026 BTC | 7 | 3 |
SunriseTrading1 | 166.22% | 166.22% | 22 | 0.028 ETH | 1 | 2 |
Get | 164.99% | 164.99% | 22 | 0.378 BTC | 22 | 4 |
Maximum Win Ratio
The PrimeXBT team collects the data of the strategies filtered by maximum win ratio in June. Traders are listed in ascending order by win ratio.
Making money is important, which is why the most weight is given to total profits in the Covesting leaderboards. However, growing your capital is also about how much profit you keep. Traders with a high win ratio are known as the safest and most reliable, very rarely making a losing trade.
For example, four traders managed to close 100% of their trades made in July in profit, for a flawless win ratio. Even the fifth place trader came in with a 98.90% win ratio.
The top trader in the win ratio category is hustlehard with 100% out of 11 orders and 80% monthly profits. Salah2014XBTC has a whopping 144 trades and still managed a 100% win ratio and a 51% return for July.
Delivrance also had a 100% win ratio across 30 trades and 29% monthly returns in July. Strategy manager Trend your Way had a 100% win ratio for July, but still was in the negative by 34% in both monthly and all-time returns. How is this possible, you ask? We count only closed trades towards win-ratio. However, all trades including open positions are included in monthly and all-time profit calculations.
Last but not least is user BTCSlowButSure, who is living up to their name with 98.90% of their trades being a sure thing.
Strategy Name | Win Ratio | # of Orders | Monthly Profit | All-time Profit | Active Days | Followers' Equity |
hustlehard | 100.00% | 11 | 80.11% | 80.11% | 21 | 0 USDC |
Salah2014XBTC | 100.00% | 144 | 51.05% | 51.05% | 7 | 0.045 BTC |
Delivrance | 100.00% | 30 | 29.09% | 29.09% | 7 | 0.00098 BTC |
Trend your Way | 100.00% | 13 | -34.04% | -34.42% | 205 | 0 BTC |
BTCSlowButSure | 98.90% | 91 | 6.51% | 6.51% | 15 | 0.0032 BTC |
July 2022 PrimeXBT Covesting Summary
The month of July brought about many newcomers off to a great start, with strong gains and a high win ratio across many familiar top traders as well. The Covesting leaderboards continue to grow and the fierce competition brings out the very best in the global trading community – something followers can readily use to their advantage.
With a highly volatile second-half of the year under way, there are bound to be plenty of changes to the Covesting global leaderboards. Stay tuned to the official PrimeXBT blog to see the results of next month and find out who the top traders of August end up being. Click here to see last month’s results.
