System: FortFS Review
Description:
Type of Trading: Real
Broker: Fort Financial Services
Started: Jun 10, 2015
Views: 11
Tracking: 0 users
Currency Pairs: EURUSD
Overview: FortFS Review Myfxbook system has made +44% in 106 trades since Jun 10, 2015. The average winning trade is about6.98 pips / $43.39, and the average trade with a loss around -34.73 pips / -$219.18. Trades are left open on average for 4h 33m.
(49/55) 89% is the winning percentage of its buy trades and (42/51) 82% is the winning percentage of its sells.
(Sep 03) 105.0 was the best trade it ever produced. (Sep 03) -179.0 was the worst.
Pros & Cons
Pros
- Uses a SL of 34.7336219, could be trouble
Cons
- Potential scalper, the average winning trade is under 10 pips. So good luck finding a broker to meet ideal scalping conditions|
- Looks like a risky system with large drawdowns.
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.