System: Second chance Review
Description:
Type of Trading: Real
Broker: HotForex
Started: Mar 13, 2015
Views: 21
Tracking: 1 users
Currency Pairs: GBPUSD
Overview: Second chance Review Myfxbook system has made +148% in 409 trades since Mar 13, 2015. The average winning trade is about49.10 pips / $7.37, and the average trade with a loss around 0 pips / $0.00. Trades are left open on average for 5d.
(215/215) 100% is the winning percentage of its buy trades and (194/194) 100% is the winning percentage of its sells.
(Sep 17) 91.1 was the best trade it ever produced. – 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
- Looks like a risky system with large drawdowns.
- The little profits it makes will be wiped out by it/’s huge stoploss
