Second chance Review

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