System: 1 Review

Description:

Type of Trading: Real

Broker: FXCM

Started: May 01, 2015

Views: 36

Tracking: 0 users

Currency Pairs: AUDJPY, AUDUSD, EURAUD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, US30, USDCAD, USDJPY, XAUUSD

 

 

 

 

 

Overview: 1 Review Myfxbook system has made +62% in 148 trades since May 01, 2015. The average winning trade is about63.62 pips / $1097.24, and the average trade with a loss around -295.85 pips / -$1491.50. Trades are left open on average for 1d.

(31/47) 65% is the winning percentage of its buy trades and (67/101) 66% is the winning percentage of its sells.

(Aug 24) 355.0 was the best trade it ever produced. (Aug 24) -7111.0 was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
Cons

  • SL is way too big!
  • Large drawdowns!
  • SL:TP ratio is too big