System: ERX Capital Review
Description:
Type of Trading: Real
Broker: FXCM
Started: Jul 20, 2015
Views: 64
Tracking: 0 users
Currency Pairs: AUDJPY, AUDNZD, AUDUSD, EURAUD, EURCAD, EURJPY, EURUSD, GBPNZD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY
Overview: ERX Capital Review Myfxbook system has made +17% in 80 trades since Jul 20, 2015. The average winning trade is about21.18 pips / , and the average trade with a loss around -125.48 pips / . Trades are left open on average for 1d.
(36/40) 90% is the winning percentage of its buy trades and (38/40) 95% is the winning percentage of its sells.
(Aug 04) 176.7 was the best trade it ever produced. (Aug 24) -413.9 was the worst.
Pros & Cons
Pros
- It doesn’t appear to be a scalper, which is good
Cons
- Potentially large stop loss being used
- Risk of large drawdowns
- The little profits it makes will be wiped out by it/’s huge stoploss
