System: Seb. (traderindependiente7.com – Raúl7566) Review
Description:
Type of Trading: Real
Broker: FXCM
Started: Apr 26, 2013
Views: 80
Tracking: 0 users
Currency Pairs: AUDNZD, AUDUSD, EURCHF, EURNZD, EURUSD, GBPUSD, NZDUSD, SPX500, USDCAD
Overview: Seb. (traderindependiente7.com – Raúl7566) Review Myfxbook system has made +12% in 502 trades since Apr 26, 2013. The average winning trade is about8.62 pips / €1.17, and the average trade with a loss around -19.74 pips / -€2.63. Trades are left open on average for 6h 19m.
(221/297) 74% is the winning percentage of its buy trades and (159/205) 77% is the winning percentage of its sells.
(Jul 31) 395.0 was the best trade it ever produced. (Jul 31) -322.0 was the worst.
Pros & Cons
Pros
- Large stoploss, be careful.
- Drawdown has only reached 4.33, looking good so far!
Cons
- Might be a scalper, the average win is not even 10 pips. This means it will be extremely broker sensitive and results will be highly dependent on low fixed spreads.|
- The little profits it makes will be wiped out by it/’s huge stoploss
