System: VT.Official Review
Description:
Type of Trading: Real
Broker: FXCM
Started: May 30, 2013
Views: 718
Tracking: 17 users
Currency Pairs: AUDCAD, AUDJPY, AUDNZD, AUDUSD, CADJPY, EURAUD, EURCAD, EURJPY, EURUSD, GBPUSD, NZDCAD, NZDJPY, NZDUSD, USDCAD, USDJPY
Overview: VT.Official Review Myfxbook system has made +5% in 334 trades since May 30, 2013. The average winning trade is about8.41 pips / , and the average trade with a loss around -17.68 pips / . Trades are left open on average for 50m.
(120/156) 76% is the winning percentage of its buy trades and (128/178) 71% is the winning percentage of its sells.
(May 12) 13.5 was the best trade it ever produced. (Aug 07) -50.9 was the worst.
Pros & Cons
Pros
- Uses a SL of 17.68, could be trouble
- 1.54 max drawdown looks good
Cons
- Possibly a scalper, avg win is under 10 pips. Translation: finding a broker that will let you trade like this is next to impossible|
- High stoploss with low takeprofit
