Best Scalper Review

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