System: Nik Review

Description:

Type of Trading: Real

Broker: FXCM

Started: Jan 21, 2014

Views: 528

Tracking: 2 users

Currency Pairs: Bund, COPPER, EURAUD, EURJPY, EURUSD, EUSTX50, GBPUSD, HKG33, ITA40, JPN225, NGAS, SUI30, UK100, US30, USDCHF, USDCNH, USDJPY, USDOLLAR, USOIL, XAGUSD, XAUUSD, XPDUSD

 

 

 

 

 

Overview: Nik Review Myfxbook system has made +129% in 187 trades since Jan 21, 2014. The average winning trade is about13859.56 pips / , and the average trade with a loss around -12956.22 pips / . Trades are left open on average for 32d.

(29/77) 37% is the winning percentage of its buy trades and (39/110) 35% is the winning percentage of its sells.

(May 05) 238600.0 was the best trade it ever produced. (Jan 21) -166300.0 was the worst.

Pros & Cons

Pros

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

  • Warning: large stop loss over 100 pips being used
  • Large drawdowns!