MD GoMarkets Review

System: MD GoMarkets Review

Description:

Type of Trading: Real

Broker: GOMarkets

Started: Jun 26, 2013

Views: 26

Tracking: 0 users

Currency Pairs: EURUSD

 

 

 

 

 

Overview: MD GoMarkets Review Myfxbook system has made +30% in 173 trades since Jun 26, 2013. The average winning trade is about4.84 pips / , and the average trade with a loss around -12.39 pips / . Trades are left open on average for 1h 37m.

(43/55) 78% is the winning percentage of its buy trades and (101/118) 85% is the winning percentage of its sells.

(Feb 12) 17.4 was the best trade it ever produced. (Sep 25) -62.2 was the worst.

Pros & Cons

Pros

  • Uses a SL of 12.39, could be trouble
Cons

  • scalper, the average win is less than 10 pips. Translation: finding a broker that will let you trade like this is next to impossible|
  • Large drawdowns!
  • High stoploss with low takeprofit