Article / 26 November 2014 at 13:45 GMT

Saxo Trade Challenge: Analysing Hrnielsen's success Team / Saxo Bank
  • Hrnielsen keeps on top of multiple asset classes
  • His long trades are his most successful
  • Does best in equities, his favourite asset

With the Saxo Trade Challenge not seeing much movement among the leaders, let's turn our attention to Hrnielsen in 4th place, who continues a slow but impressive climb and is now posting a return of 79.82%

Here's a trader who has truly embraced the multi-asset nature of the platform. Currently holding a portfolio consisting of bonds, equities, commodities and currencies, how does he manage to keep track of it all at the same time?

And does he profit equally from trades across all asset classes?

Join us as we don the hat of social trading and analyse Hrnielsen's profitability on trades executed during the Saxo Trade Challenge. 

Asset allocation

Equities and indices are far and away Hrnielsen's assets of choice, 
making up 51% and 39% of all closed trades.

Asset class profitability
 Equities, however, seem to yield Hrnielsen a much better return on investment

Instruments traded
 Dissecting the asset classes reveal that the majority of trades have been executed in the German DAX index, Danske Bank A/S (equity) and A.P. Møller- Mærsk B (equity) 

 Overall, Hrnielsen is bullish in most of his trading

Return pr. conviction
 And it does seem bullishness pays best

Average return pr. instrument

The chart above implies a remarkable inverse relationship between the number of trades executed and average profit on said trades. 

His top five performing instruments according to average return on investment are all single stocks. At the opposite end of the spectrum, we find that Indices and forex seem to yield either the smallest returns or the biggest losses.

If you're looking to Hrnielsen for inspiration, the above data could mean that keeping your eyes peeled for long positions in single stocks could yield the highest chance of a profitable return on investment. Do keep in mind, though, that the above data only reflects trades executed during the Saxo Trade Challenge and that the results of past performances are never a guarantee of future results. 

Do you trade multiple asset classes? Share your experience in the comments section  below or 

Wishing you successful trading,

Brought to you by – the home of social trading

Now that's a nice looking portfolio, well done Hrnielsen!
Hrnielsen Hrnielsen
Thanks HILFX – nice trading yourself
Remarkable what a good data miner can analyze
I love it, that's a brilliant idea!! I can't believe I didn't think of that earlier, I needed an edge to create a portfolio.. data mining it is :)


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