System: Kanongtham Review
Description: This is a technical-based manual trading system. It uses dynamic T/P and sets up trailing Stop Loss.
Type of Trading: Real
Started: Jul 01, 2015
Tracking: 0 users
Currency Pairs: EURUSD, GBPUSD, NZDUSD, USDCHF, USDJPY
Overview: Kanongtham Review Myfxbook system has made +37% in 144 trades since Jul 01, 2015. The average winning trade is about1.96 pips / $6.15, and the average trade with a loss around -10.43 pips / -$11.50. Trades are left open on average for 42m.
(74/94) 78% is the winning percentage of its buy trades and (45/50) 90% is the winning percentage of its sells.
(Jul 02) 12.5 was the best trade it ever produced. (Jul 07) -36.1 was the worst.
Pros & Cons
- Uses a SL of 10.433611, could be trouble
- 22.44 max drawdown looks good
- Possibly a scalper, the average winning trade is not even 10 pips. Translation: finding a broker that will let you trade like this is next to impossible|
- SL:TP ratio is too big