System: XMmMtko (Old Withdraw) Review
Description:
Type of Trading: Real
Broker: XM
Started: Aug 17, 2015
Views: 12
Tracking: 0 users
Currency Pairs: USDJPY
Overview: XMmMtko (Old Withdraw) Review Myfxbook system has made +61% in 3060 trades since Aug 17, 2015. The average winning trade is about3.04 pips / , and the average trade with a loss around -17.83 pips / . Trades are left open on average for 1h 20m.
(1163/1548) 75% is the winning percentage of its buy trades and (1208/1512) 79% is the winning percentage of its sells.
(Aug 26) 20.3 was the best trade it ever produced. (Aug 26) -28.8 was the worst.
Pros & Cons
Pros
- Uses a SL of 17.83, could be trouble
- 30% drawdown or less is always a good sign
Cons
- scalper, the average winning trade is below 10 pips. So good luck finding a broker to meet ideal scalping conditions|
- High stoploss with low takeprofit
