BalanceMarket 2.0 Review

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.

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