System: MFP2_new Review
Description:
Type of Trading: Real
Broker: FXCM
Started: Apr 15, 2015
Views: 189
Tracking: 0 users
Currency Pairs: EURCAD, NZDJPY, NZDUSD
Overview: MFP2_new Review Myfxbook system has made +9% in 4 trades since Apr 15, 2015. The average winning trade is about28.08 pips / $1147.82, and the average trade with a loss around 0 pips / $0.00. Trades are left open on average for 25m.
(2/2) 100% is the winning percentage of its buy trades and (2/2) 100% is the winning percentage of its sells.
(Jun 05) 50.9 was the best trade it ever produced. – was the worst.
Pros & Cons
Pros
- It doesn’t appear to be a scalper, which is good
- Drawdown has only reached 1.58, looking good so far!
Cons
- Potentially large stop loss being used
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.
