System: Demo Review

Description:

Type of Trading: Real

Broker: FXCM

Started: Jul 02, 2015

Views: 1

Tracking: 0 users

Currency Pairs: GER30

 

 

 

 

 

Overview: Demo Review Myfxbook system has made +22% in 153 trades since Jul 02, 2015. The average winning trade is about3.29 pips / €275.50, and the average trade with a loss around -8.30 pips / -€562.40. Trades are left open on average for 8m.

(61/81) 75% is the winning percentage of its buy trades and (55/72) 76% is the winning percentage of its sells.

(Jul 27) 26.0 was the best trade it ever produced. (Aug 03) -25.0 was the worst.

Pros & Cons

Pros

  • Large stoploss, be careful.
  • 10.15 max drawdown looks good
Cons

  • Possibly a scalper, the average winning trade is less than 10 pips. Translation: finding a broker that will let you trade like this is next to impossible|
  • SL:TP ratio is too big