System: Tyche2 — risk 0.5 (Started Dec 2014 – trifia) Review
Description:
Type of Trading: Real
Broker: ThinkForex
Started: Dec 04, 2014
Views: 222
Tracking: 2 users
Currency Pairs: AUDUSD, EURAUD, EURCAD, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPNZD, GBPUSD
Overview: Tyche2 — risk 0.5 (Started Dec 2014 – trifia) Review Myfxbook system has made +2% in 223 trades since Dec 04, 2014. The average winning trade is about16.31 pips / $16.60, and the average trade with a loss around -33.79 pips / -$35.60. Trades are left open on average for 3h 19m.
(82/116) 70% is the winning percentage of its buy trades and (71/107) 66% is the winning percentage of its sells.
(Jan 12) 93.4 was the best trade it ever produced. (Aug 26) -143.7 was the worst.
Pros & Cons
Pros
- Average win is greater than 10 pips, some I always look for
- Large stoploss, be careful.
Cons
- Risk of large drawdowns
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.
