System: GU (598) Review
Description:
Type of Trading: Real
Broker: EXNESS
Started: May 15, 2015
Views: 4
Tracking: 0 users
Currency Pairs: GBPUSD
Overview: GU (598) Review Myfxbook system has made +14% in 4555 trades since May 15, 2015. The average winning trade is about4.75 pips / USC0.93, and the average trade with a loss around -6.12 pips / -USC0.96. Trades are left open on average for 3h 25m.
(2786/4329) 64% is the winning percentage of its buy trades and (160/226) 70% is the winning percentage of its sells.
(Jul 31) 59.3 was the best trade it ever produced. (Aug 10) -71.5 was the worst.
Pros & Cons
Pros
- Uses a SL of 6.12, could be trouble
Cons
- Might be a scalper, average win is under 10 pips. This means it will be extremely broker sensitive and results will be highly dependent on low fixed spreads.|
- Looks like a risky system with large drawdowns.
