System: Fixart Review
Description: Hello investors, traders, I try to write with few words about myself and my trading strategy:
I have been in market since 2002, I have passed many difficulties until realizing that be trader is easy but be successful trader is very difficult. Reaching until some point when I could really make constant profit took me around 4 years and another 1 year to be protected from human emotions. I used many different strategies, in the end in 2011 I have made final version of my current strategy which I called “Fixart” it is based on trend following, heading, or breakout. The strategy relies heavily on technical analysis. The average pip target on the strategy is approximately 10 pips, with a target of 2-10% monthly gains. Max Risk per trade approximately is 0.75-2.00%. Every trading day I use same strategy, I do Weekly, Daily, 4H. 1H charts and 5 min chart for opening a trade, rarely I do use news for opening trade. Hard stop losses are used, with a target maximum of 90 pips, regularly 25-56 pips. In my strategy I never use scalping, martingale and any other risky strategies. I am picking up trades which is closer to support or resistance with tight stop. Every trade has its unique history.
Good luck
Type of Trading: Real
Broker: HotForex
Started: Feb 24, 2014
Views: 2241
Tracking: 25 users
Currency Pairs: AUDUSD, EURGBP, EURUSD, GBPNZD, GBPUSD, NZDUSD, USDCHF, USDJPY
Overview: Fixart Review Myfxbook system has made +59% in 654 trades since Feb 24, 2014. The average winning trade is about32.63 pips / , and the average trade with a loss around -36.06 pips / . Trades are left open on average for 15h 39m.
(177/300) 59% is the winning percentage of its buy trades and (210/354) 59% is the winning percentage of its sells.
(Sep 08) 242.5 was the best trade it ever produced. (Jul 28) -104.2 was the worst.
Pros & Cons
- Average win is greater than 10 pips, some I always look for
- Uses a SL of 36.06, could be trouble
- 30% drawdown or less is always a good sign
