Real Account – Forex Magic Review

System: Real Account – Forex Magic Review

Description: For Managed Accounts
www.iforextraders.com

Type of Trading: Real

Broker: IC Markets

Started: Oct 20, 2014

Views: 31

Tracking: 0 users

Currency Pairs: EURAUD, EURCAD, EURNZD, GBPAUD, GBPNZD, GBPUSD

 

 

 

 

 

Overview: Real Account – Forex Magic Review Myfxbook system has made +266% in 171 trades since Oct 20, 2014. The average winning trade is about22.33 pips / $25.85, and the average trade with a loss around -14.08 pips / -$15.61. Trades are left open on average for 1h 8m.

(77/102) 75% is the winning percentage of its buy trades and (53/69) 76% is the winning percentage of its sells.

(Sep 23) 43.2 was the best trade it ever produced. (Sep 22) -53.5 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
  • 14.083615 SL, usually asking for trouble.
  • 30% drawdown or less is always a good sign
Cons