Pennies to Dollars Review

System: Pennies to Dollars Review

Description:

Type of Trading: Real

Broker: Oanda

Started: Dec 23, 2014

Views: 24

Tracking: 0 users

Currency Pairs: AUDCAD, AUDCHF, EURAUD, EURCAD, EURCHF, EURGBP, EURNZD, GBPAUD, GBPCAD, GBPCHF, GBPNZD, GBPUSD, NZDCAD

 

 

 

 

 

Overview: Pennies to Dollars Review Myfxbook system has made +64% in 7935 trades since Dec 23, 2014. The average winning trade is about14.11 pips / , and the average trade with a loss around -50.59 pips / . Trades are left open on average for 13h 30m.

(2678/3500) 76% is the winning percentage of its buy trades and (3288/4435) 74% is the winning percentage of its sells.

(Aug 25) 510.8 was the best trade it ever produced. (May 07) -858.7 was the worst.

Pros & Cons

Pros

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

  • Large drawdowns!
  • The little profits it makes will be wiped out by it/’s huge stoploss

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