Buy Positions Review

System: Buy Positions Review

Description: Long side only.

Type of Trading: Real

Broker: Oanda

Started: Mar 23, 2011

Views: 1

Tracking: 0 users

Currency Pairs: EURUSD

 

 

 

 

 

Overview: Buy Positions Review Myfxbook system has made +72% in 157 trades since Mar 23, 2011. The average winning trade is about50.21 pips / , and the average trade with a loss around -293.89 pips / . Trades are left open on average for 4d.

(147/157) 93% is the winning percentage of its buy trades and (0/0) 0% is the winning percentage of its sells.

(Jul 14) 59.1 was the best trade it ever produced. (Apr 13) -500.1 was the worst.

Pros & Cons

Pros

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

  • This system has held onto trades up to &worsttrade2 pips deep, yikes!
  • Looks like a risky system with large drawdowns.
  • High stoploss with low takeprofit