System: ges-jen-1perc Review
Description:
Type of Trading: Real
Broker: XM
Started: Nov 29, 2013
Views: 213
Tracking: 0 users
Currency Pairs: USDJPY
Overview: ges-jen-1perc Review Myfxbook system has made +97% in 2353 trades since Nov 29, 2013. The average winning trade is about5.65 pips / €0.91, and the average trade with a loss around -22.45 pips / -€2.17. Trades are left open on average for 4h 40m.
(978/1307) 74% is the winning percentage of its buy trades and (783/1046) 74% is the winning percentage of its sells.
(Jun 29) 100.5 was the best trade it ever produced. (Jun 10) -168.9 was the worst.
Pros & Cons
Pros
- 22.451282 SL, usually asking for trouble.
- 21.26 max drawdown looks good
Cons
- Might be a scalper, average win is less than 10 pips. So good luck finding a broker to meet ideal scalping conditions|
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.