System: Drive Gold Special – Low Drawdown / Consistent Monthly Profit Review
Description:
Type of Trading: Real
Broker: XM
Started: Dec 29, 2014
Views: 863
Tracking: 11 users
Currency Pairs: GOLDMI
Overview: Drive Gold Special – Low Drawdown / Consistent Monthly Profit Review Myfxbook system has made +15% in 2244 trades since Dec 29, 2014. The average winning trade is about162.41 pips / $1.62, and the average trade with a loss around -385.03 pips / -$3.87. Trades are left open on average for 8d.
(755/1081) 69% is the winning percentage of its buy trades and (892/1163) 76% is the winning percentage of its sells.
(Jul 24) 1257.0 was the best trade it ever produced. (Jul 24) -1545.0 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
- SL:TP ratio is too big
