System: Positive Expectancy Review
Description: System : Retrace Strategy
Contract Size : 1K
Stop Loss : 50 pips
Profit Target : open
Type of Trading: Real
Started: Feb 23, 2015
Tracking: 4 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURJPY, EURNZD, EURSEK, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCHF, NZDJPY, TRYJPY, USDCHF, USDCNH, USDJPY, USDNOK, USDZAR, ZARJPY
Overview: Positive Expectancy Review Myfxbook system has made +23% in 79 trades since Feb 23, 2015. The average winning trade is about324.00 pips / $15.35, and the average trade with a loss around -38.73 pips / -$2.43. Trades are left open on average for 2d.
(3/29) 10% is the winning percentage of its buy trades and (13/50) 26% is the winning percentage of its sells.
(Apr 20) 2536.8 was the best trade it ever produced. (Sep 10) -237.0 was the worst.
Pros & Cons
- Average win is greater than 10 pips, some I always look for
- Large stoploss, be careful.
- 30% drawdown or less is always a good sign