System: MISSION IMPOSSIBLE (MAX 5% DD) Review
Description:
Type of Trading: Real
Broker: ILQ
Started: Aug 11, 2015
Views: 548
Tracking: 8 users
Currency Pairs: AUDUSD, CADJPY, EURAUD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY, XAUUSD
Overview: MISSION IMPOSSIBLE (MAX 5% DD) Review Myfxbook system has made +28% in 331 trades since Aug 11, 2015. The average winning trade is about8.67 pips / $29.34, and the average trade with a loss around -20.93 pips / -$32.29. Trades are left open on average for 1h 16m.
(103/153) 67% is the winning percentage of its buy trades and (128/178) 71% is the winning percentage of its sells.
(Sep 25) 162.4 was the best trade it ever produced. (Aug 25) -430.0 was the worst.
Pros & Cons
Pros
- Uses a SL of 20.933632, could be trouble
- 30% drawdown or less is always a good sign
Cons
- Possibly a scalper, avg win is under 10 pips. Good luck finding a broker in this day and age that doesn\’t manipulate scalpers|
- High stoploss with low takeprofit
