System: MyOnLyAccount Review
Description: Short term trades on the EURUSD and GBPUSD mostly. May take opportunities in other markets as I see fit(very rare). Manual trading following a systematic discretionary methodology, this means the methodology has rules, but interpretation of what happens in the market still requires some discretion from me at times. The large majority will be day trades and I strive to do 2 swing trades a month lasting a few days. As part of my risk management rules, I do not hold trades over weekends, not even swing trades.
Type of Trading: Real
Started: Mar 06, 2015
Tracking: 0 users
Currency Pairs: EURUSD, GBPUSD, NZDUSD
Overview: MyOnLyAccount Review Myfxbook system has made +73% in 146 trades since Mar 06, 2015. The average winning trade is about39.48 pips / , and the average trade with a loss around -20.84 pips / . Trades are left open on average for 4h 2m.
(51/91) 56% is the winning percentage of its buy trades and (37/55) 67% is the winning percentage of its sells.
(Sep 17) 172.6 was the best trade it ever produced. (Apr 30) -40.1 was the worst.
Pros & Cons
- It doesn’t appear to be a scalper, which is good
- 20.84 SL, usually asking for trouble.
- Drawdown has only reached 19.41, looking good so far!