System: Enlightenment Review
Description:
Type of Trading: Real
Broker: Forex4you
Started: Jun 12, 2015
Views: 69
Tracking: 0 users
Currency Pairs: AUDCAD, EURAUD, EURJPY, GBPAUD, XAUUSD
Overview: Enlightenment Review Myfxbook system has made +146% in 1991 trades since Jun 12, 2015. The average winning trade is about9.19 pips / $13.49, and the average trade with a loss around -29.65 pips / -$30.50. Trades are left open on average for 2h 36m.
(1533/1973) 77% is the winning percentage of its buy trades and (11/18) 61% is the winning percentage of its sells.
(Aug 24) 214.1 was the best trade it ever produced. (Aug 24) -509.6 was the worst.
Pros & Cons
Pros
- Uses a SL of 29.65363, could be trouble
Cons
- scalper, average win is below 10 pips. Translation: finding a broker that will let you trade like this is next to impossible|
- Looks like a risky system with large drawdowns.
- High stoploss with low takeprofit
