System: SANGFROID Review
Description: My strictly manual technical strategy is always "trend following" and using "fibo retracements", support and resistance levels.
Particular attention is given to money management and capital protection (normally no more than 6-7% of Draw Down admitted).
Sometimes i trade news and sometimes I do a few scalping, when particular market conditions apply.
Type of Trading: Real
Broker: AxiTrader
Started: Nov 12, 2014
Views: 50
Tracking: 0 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, XAUUSD
Overview: SANGFROID Review Myfxbook system has made +72% in 1239 trades since Nov 12, 2014. The average winning trade is about22.40 pips / €72.04, and the average trade with a loss around -49.04 pips / -€142.72. Trades are left open on average for 19h 43m.
(224/333) 67% is the winning percentage of its buy trades and (769/906) 84% is the winning percentage of its sells.
(Dec 01) 2603.0 was the best trade it ever produced. (Jan 26) -1184.1 was the worst.
Pros & Cons
- It doesn’t appear to be a scalper, which is good
- 49.04128142 SL, usually asking for trouble.
- 30% drawdown or less is always a good sign
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.