ges-jen-1perc Review

System: ges-jen-1perc Review

Description:

Type of Trading: Real

Broker: XM

Started: Nov 29, 2013

Views: 213

Tracking: 0 users

Currency Pairs: USDJPY

 

 

 

 

 

Overview: ges-jen-1perc Review Myfxbook system has made +97% in 2353 trades since Nov 29, 2013. The average winning trade is about5.65 pips / €0.91, and the average trade with a loss around -22.45 pips / -€2.17. Trades are left open on average for 4h 40m.

(978/1307) 74% is the winning percentage of its buy trades and (783/1046) 74% is the winning percentage of its sells.

(Jun 29) 100.5 was the best trade it ever produced. (Jun 10) -168.9 was the worst.

Pros & Cons

Pros

  • 22.451282 SL, usually asking for trouble.
  • 21.26 max drawdown looks good
Cons

  • Might be a scalper, average win is less than 10 pips. So good luck finding a broker to meet ideal scalping conditions|
  • Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.