David Cooney Review

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