System: Pri Review

Description:

Type of Trading: Real

Broker: Oanda

Started: Jul 05, 2013

Views: 330

Tracking: 4 users

Currency Pairs: EURUSD, USDCAD

 

 

 

 

 

Overview: Pri Review Myfxbook system has made +284% in 4602 trades since Jul 05, 2013. The average winning trade is about8.06 pips / , and the average trade with a loss around -176.94 pips / . Trades are left open on average for 1d.

(2039/2175) 93% is the winning percentage of its buy trades and (2400/2427) 98% is the winning percentage of its sells.

(Jun 29) 136.8 was the best trade it ever produced. (May 02) -737.2 was the worst.

Pros & Cons

Pros

Cons

  • Likely a scalper, the average winning trade is under 10 pips. Good luck finding a broker in this day and age that doesn\’t manipulate scalpers|
  • Warning: large stop loss over 100 pips being used
  • Looks like a risky system with large drawdowns.
  • SL:TP ratio is too big