System: Guisuishou Review
Description:
Type of Trading: –
Broker: IronFX
Started: Mar 11, 2013
Views: IronFX
Tracking: 24 users
Currency Pairs: #FDXH5, #FDXM5, AUDUSD, EURAUD, EURGBP, EURJPY, EURUSD, GBPAUD, GBPJPY, GBPUSD, USDCAD, USDJPY, XAUUSD
Overview: Guisuishou Review Myfxbook system has made +56% in 957 trades since Mar 11, 2013. The average winning trade is about18.87 pips / , and the average trade with a loss around -144.36 pips / . Trades are left open on average for 16h 45m.
(251/323) 77% is the winning percentage of its buy trades and (496/634) 78% is the winning percentage of its sells.
(Oct 31) 1236.0 was the best trade it ever produced. (Mar 16) -7950.0 was the worst.
Pros & Cons
Pros
- It doesn’t appear to be a scalper, which is good
- 30% drawdown or less is always a good sign
Cons
- Warning: large stop loss over 100 pips being used
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.
