System: Disco Frank Review
Description:
Type of Trading: Real
Broker: Global Prime
Started: Jun 24, 2015
Views: 13
Tracking: 0 users
Currency Pairs: AUDUSD, EURUSD, GBPAUD, USDSGD, XAUUSD
Overview: Disco Frank Review Myfxbook system has made +0% in 33 trades since Jun 24, 2015. The average winning trade is about19.93 pips / A$24.72, and the average trade with a loss around -47.50 pips / -A$28.87. Trades are left open on average for 7h 56m.
(3/9) 33% is the winning percentage of its buy trades and (15/24) 62% is the winning percentage of its sells.
(Jul 20) 53.7 was the best trade it ever produced. (Aug 26) -394.0 was the worst.
Pros & Cons
Pros
- Average win is greater than 10 pips, some I always look for
- Uses a SL of 47.503628, could be trouble
- 30% drawdown or less is always a good sign
Cons
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.