System: Best Scalper Review
Description:
Type of Trading: Real
Broker: IC Markets
Started: Sep 08, 2014
Views: 393
Tracking: 4 users
Currency Pairs: EURUSD, GBPUSD
Overview: Best Scalper Review Myfxbook system has made +78% in 639 trades since Sep 08, 2014. The average winning trade is about3.99 pips / , and the average trade with a loss around -9.24 pips / . Trades are left open on average for 51m.
(278/366) 75% is the winning percentage of its buy trades and (216/273) 79% is the winning percentage of its sells.
(May 08) 137.1 was the best trade it ever produced. (Jan 07) -43.7 was the worst.
Pros & Cons
Pros
- 9.24 SL, usually asking for trouble.
Cons
- scalper, avg win is below 10 pips. So good luck finding a broker to meet ideal scalping conditions|
- Looks like a risky system with large drawdowns.
- The little profits it makes will be wiped out by it/’s huge stoploss
