ForexAndy Review

System: ForexAndy Review

Description:

Type of Trading: Real

Broker: ActivTrades

Started: May 09, 2014

Views: 17

Tracking: 1 users

Currency Pairs: AUDUSD, CADCHF, EURCAD, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCHF, GBPJPY, GBPUSD, GER30D, GER30S, GOLD, LCRUDE, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY

 

 

 

 

 

Overview: ForexAndy Review Myfxbook system has made +40% in 262 trades since May 09, 2014. The average winning trade is about44.00 pips / , and the average trade with a loss around -772.33 pips / . Trades are left open on average for 2d.

(73/83) 87% is the winning percentage of its buy trades and (167/179) 93% is the winning percentage of its sells.

(Sep 21) 2600.0 was the best trade it ever produced. (Sep 22) -16100.0 was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
Cons

  • 772.33 stop loss!
  • Looks like a risky system with large drawdowns.
  • SL:TP ratio is too big

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