ERX Capital Review

System: ERX Capital Review

Description:

Type of Trading: Real

Broker: FXCM

Started: Jul 20, 2015

Views: 64

Tracking: 0 users

Currency Pairs: AUDJPY, AUDNZD, AUDUSD, EURAUD, EURCAD, EURJPY, EURUSD, GBPNZD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY

 

 

 

 

 

Overview: ERX Capital Review Myfxbook system has made +17% in 80 trades since Jul 20, 2015. The average winning trade is about21.18 pips / , and the average trade with a loss around -125.48 pips / . Trades are left open on average for 1d.

(36/40) 90% is the winning percentage of its buy trades and (38/40) 95% is the winning percentage of its sells.

(Aug 04) 176.7 was the best trade it ever produced. (Aug 24) -413.9 was the worst.

Pros & Cons

Pros

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

  • Potentially large stop loss being used
  • Risk of large drawdowns
  • The little profits it makes will be wiped out by it/’s huge stoploss

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