System: Confidence Invest Review
Description:
Type of Trading: Real
Broker: FXOpen
Started: Apr 17, 2015
Views: 22
Tracking: 0 users
Currency Pairs: AUDCAD, EURUSD, GBPUSD, USDJPY
Overview: Confidence Invest Review Myfxbook system has made +65% in 350 trades since Apr 17, 2015. The average winning trade is about8.00 pips / $21.98, and the average trade with a loss around -34.63 pips / -$35.73. Trades are left open on average for 12h 29m.
(53/54) 98% is the winning percentage of its buy trades and (276/296) 93% is the winning percentage of its sells.
(Jul 23) 66.3 was the best trade it ever produced. (Aug 10) -98.8 was the worst.
Pros & Cons
Pros
- Large stoploss, be careful.
Cons
- scalper, the average winning trade is not even 10 pips. So good luck finding a broker to meet ideal scalping conditions|
- Looks like a risky system with large drawdowns.
- High stoploss with low takeprofit
