MYYIELD Review

System: MYYIELD Review

Description: CS.B.

Type of Trading: Real

Broker: FXCM

Started: Jul 23, 2012

Views: 349

Tracking: 2 users

Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURHUF, EURJPY, EURNZD, EURUSD, FRA40, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, GER30, ITA40, JPN225, NZDJPY, NZDUSD, SPX500, UK100, UKOIL, USDCAD, USDCHF, USDHUF, USDJPY, USDRUB, USOIL, XAGUSD, XAUUSD

 

 

 

 

 

Overview: MYYIELD Review Myfxbook system has made +128% in 1359 trades since Jul 23, 2012. The average winning trade is about148.89 pips / €217.03, and the average trade with a loss around -525.01 pips / -€434.29. Trades are left open on average for 2d.

(565/797) 70% is the winning percentage of its buy trades and (412/562) 73% is the winning percentage of its sells.

(Oct 08) 21000.0 was the best trade it ever produced. (Dec 17) -24700.0 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
Cons

  • Potentially large stop loss being used
  • Prone to large drawdowns.
  • Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.