Expert in Will and Estate Planning | 遺囑和財產規劃
Andrew Lee
- Born in Hong Kong in 1976
- Moved to Vancouver in 1981
- MC and Broadcaster on behalf of Verizon Wireless in Hong Kong between 2000-2010 for Investor Relation calls with over 12 prestigious iBanks including Goldman Sachs, Morgan Stanley, Deutsche Bank and more
Insight Into the Trading Style
- IMPORTANT: As per the rules supplied by the Hong Kong SFC (Securities and Futures Commission), we DO NOT accept any customers in Hong Kong for Copy Trading Strategies. We trade with Darwinex (UK, FCA Regulated Broker) and Fusion Markets (Australia, ASIC Regulated Broker)
- First, we look at the Macro Economic picture. All decisions are based on this. Then, we take the ATR. Typically, it is using a Period of = 10. When Volatility changes, so does the TP/SL Distance. Trades are typically Mean Reversion
- We respect 3 places regarding Price: Past Support, Past Resistance and highly congested consolidated areas where price remains tight with a very low Daily True Range.
Beginnings
Butenix Server - Trading started in Late 2015
- Personal Trading started in 2015
- Copy Trading for Non-Hong Kong Residents began in 2017
- Issues with the Broker arose in 2020. Ceased Trading and opened an account with ICMarkets. Prior to cessation of trading, there was a live myfxbook link showing results in real time for transparency
- Late 2021 began offering a new solution on Darwinex. myfxbook no longer needed since Darwinex is highly regulated and also has their results in real time for transparency
- WARNING! Firstly, the Risk Profile since 2022 with Darwinex is Highly watered down. The estimation is ~+1% growth per month. YOU WILL NOT ACHIEVE the results you saw at Butenix.
- However, the maximal Drawdown % is also much smaller. As Darwinex is both regulated by the FCA as well as insured by Lloyd's of London, there are protocols in place to prevent customers from gambling with their money.