System: Buy Positions Review
Description: Long side only.
Type of Trading: Real
Broker: Oanda
Started: Mar 23, 2011
Views: 1
Tracking: 0 users
Currency Pairs: EURUSD
Overview: Buy Positions Review Myfxbook system has made +72% in 157 trades since Mar 23, 2011. The average winning trade is about50.21 pips / , and the average trade with a loss around -293.89 pips / . Trades are left open on average for 4d.
(147/157) 93% is the winning percentage of its buy trades and (0/0) 0% is the winning percentage of its sells.
(Jul 14) 59.1 was the best trade it ever produced. (Apr 13) -500.1 was the worst.
Pros & Cons
Pros
- It doesn’t appear to be a scalper, which is good
Cons
- This system has held onto trades up to &worsttrade2 pips deep, yikes!
- Looks like a risky system with large drawdowns.
- High stoploss with low takeprofit
