System: BalanceMarket 2.0 Review
Description:
Type of Trading: Real
Broker: Alpari NZ
Started: Oct 22, 2013
Views: 26635
Tracking: 26 users
Currency Pairs: EURUSD, PROFIT
Overview: BalanceMarket 2.0 Review Myfxbook system has made +47% in 135 trades since Oct 22, 2013. The average winning trade is about9.46 pips / $26.78, and the average trade with a loss around -38.91 pips / -$130.06. Trades are left open on average for 7h 42m.
(44/55) 80% is the winning percentage of its buy trades and (71/80) 88% is the winning percentage of its sells.
(Feb 07) 38.3 was the best trade it ever produced. (Apr 13) -59.5 was the worst.
Pros & Cons
Pros
- 38.913613 SL, usually asking for trouble.
Cons
- Possibly a scalper, the average win is under 10 pips. So good luck finding a broker to meet ideal scalping conditions|
- Large drawdowns!
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.
