System: Trend Following Review
Description: Trend following all markets with unlimited upside and limited downside.
Type of Trading: Real
Broker: Oanda
Started: Oct 20, 2010
Views: 119
Tracking: 3 users
Currency Pairs: AUDJPY, AUDNZD, AUDUSD, BCOUSD, CADCHF, CADJPY, CORNUSD, DE10YBEUR, EU50EUR, EURAUD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPNZD, GBPUSD, NAS100USD, NATGASUSD, NL25EUR, NZDUSD, SOYBNUSD, SUGARUSD, USB30YUSD, USDCAD, USDCNH, USDCZK, USDDKK, USDHUF, USDJPY, USDMXN, USDNOK, USDZAR, WHEATUSD, WTICOUSD, XAGUSD, XAUUSD, XCUUSD, XPDUSD
Overview: Trend Following Review Myfxbook system has made +101% in 188 trades since Oct 20, 2010. The average winning trade is about2510.99 pips / , and the average trade with a loss around -4738.18 pips / . Trades are left open on average for 17d.
(15/54) 27% is the winning percentage of its buy trades and (43/134) 32% is the winning percentage of its sells.
(Apr 30) 89470.0 was the best trade it ever produced. (Jan 06) -365000.0 was the worst.
Pros & Cons
- It doesn’t appear to be a scalper, which is good
- 30% drawdown or less is always a good sign
- Warning: large stop loss over 100 pips being used
