System: David Cooney Review
Description:
Type of Trading: Real
Broker: Markets.com
Started: Jun 30, 2015
Views: 17
Tracking: 0 users
Currency Pairs: AUDUSD, CHFJPY, EURGBP, EURJPY, EURUSD, GBPCHF, GBPUSD, USDCAD, USDCHF
Overview: David Cooney Review Myfxbook system has made +11% in 299 trades since Jun 30, 2015. The average winning trade is about33.95 pips / $258.19, and the average trade with a loss around -68.44 pips / -$433.35. Trades are left open on average for 18h 30m.
(30/46) 65% is the winning percentage of its buy trades and (174/253) 68% is the winning percentage of its sells.
(Jul 10) 224.0 was the best trade it ever produced. (Jul 10) -330.3 was the worst.
Pros & Cons
Pros
- It doesn’t appear to be a scalper, which is good
- 30% drawdown or less is always a good sign
Cons
- High stoploss with low takeprofit
