MooCow Review

System: MooCow Review

Description: Old skool

Type of Trading: Real

Broker: Oanda

Started: Sep 12, 2012

Views: 1028

Tracking: 2 users

Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, CORNUSD, EURAUD, EURCAD, EURJPY, EURUSD, GBPJPY, GBPUSD, SPX500USD, USDCAD, USDCHF, USDJPY, WHEATUSD

 

 

 

 

 

Overview: MooCow Review Myfxbook system has made +50% in 775 trades since Sep 12, 2012. The average winning trade is about48.87 pips / A$1.76, and the average trade with a loss around -714.72 pips / -A$2.42. Trades are left open on average for 31d.

(652/728) 89% is the winning percentage of its buy trades and (37/47) 78% is the winning percentage of its sells.

(Sep 19) 665.8 was the best trade it ever produced. (Sep 24) -3730.0 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
Cons

  • Potentially large stop loss being used
  • Risk of large drawdowns
  • SL:TP ratio is too big