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
