System: TAC+TICs Review
Description:
Type of Trading: Fundamental
Broker: Tickmill
Started: Jan 29, 2014
Views: Tickmill
Tracking: 51 users
Currency Pairs: AUDCAD, AUDJPY, AUDUSD, CADJPY, EURAUD, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDJPY, NZDUSD, USDCAD, USDJPY
Overview: TAC+TICs Review Myfxbook system has made +81% in 183 trades since Jan 29, 2014. The average winning trade is about74.47 pips / $12.34, and the average trade with a loss around -381.23 pips / -$38.18. Trades are left open on average for 19d.
(103/121) 85% is the winning percentage of its buy trades and (53/62) 85% is the winning percentage of its sells.
(Jan 05) 1178.5 was the best trade it ever produced. (Jan 05) -1633.8 was the worst.
Pros & Cons
- Average win is greater than 10 pips, some I always look for
- Potentially large stop loss being used
- Looks like a risky system with large drawdowns.
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.