System: DAX Demo Review
Description:
Type of Trading: Real
Broker: FXCM
Started: Jul 24, 2015
Views: 14
Tracking: 0 users
Currency Pairs: GER30, NZDUSD
Overview: DAX Demo Review Myfxbook system has made +0% in 5 trades since Jul 24, 2015. The average winning trade is about13.60 pips / $30.60, and the average trade with a loss around 0 pips / $0.00. Trades are left open on average for 2h 13m.
(2/2) 100% is the winning percentage of its buy trades and (3/3) 100% is the winning percentage of its sells.
(Jul 29) 50.0 was the best trade it ever produced. – was the worst.
Pros & Cons
Pros
- Average win is greater than 10 pips, some I always look for
- 30% drawdown or less is always a good sign
Cons
- Warning: large stop loss over 100 pips being used
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.