Old Account Review

System: Old Account Review

Description: My first trading account for historical reference,

Type of Trading: Real

Broker: IC Markets

Started: Mar 12, 2015

Views: 139

Tracking: 1 users

Currency Pairs: AUDJPY, AUDNZD, AUDUSD, EURAUD, EURUSD, GBPAUD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY

 

 

 

 

 

Overview: Old Account Review Myfxbook system has made +25% in 1576 trades since Mar 12, 2015. The average winning trade is about4.98 pips / , and the average trade with a loss around -67.17 pips / . Trades are left open on average for 13h 18m.

(328/346) 94% is the winning percentage of its buy trades and (1184/1230) 96% is the winning percentage of its sells.

(Aug 04) 121.5 was the best trade it ever produced. (Aug 24) -504.7 was the worst.

Pros & Cons

Pros

  • 25.33 max drawdown looks good
Cons

  • Likely a scalper, the average winning trade is under 10 pips. Translation: finding a broker that will let you trade like this is next to impossible|
  • Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.