System: Steve Derrick FTSE100 Review
Description:
Type of Trading: Real
Broker: GKFX
Started: Aug 13, 2014
Views: 12
Tracking: 0 users
Currency Pairs: GOLDSB, UK100S
Overview: Steve Derrick FTSE100 Review Myfxbook system has made +405% in 244 trades since Aug 13, 2014. The average winning trade is about37.83 pips / , and the average trade with a loss around -36.09 pips / . Trades are left open on average for 1d.
(63/105) 60% is the winning percentage of its buy trades and (79/139) 56% is the winning percentage of its sells.
(Oct 31) 559.0 was the best trade it ever produced. (Nov 14) -186.0 was the worst.
Pros & Cons
Pros
- Average win is greater than 10 pips, some I always look for
- 36.09 SL, usually asking for trouble.
Cons
- Looks like a risky system with large drawdowns.