System: 001
Description:
Type of Trading: Real
Broker: Oanda
Started: Aug 18, 2011
Views: 30
Tracking: 0 users
Currency Pairs: AUDUSD, EURGBP, EURUSD, FR40EUR, GBPUSD, NZDUSD, SPX500USD, SUGARUSD, UK100GBP, USB02YUSD, USDCAD, USDCHF, USDJPY, USDNOK, USDSEK, USDTRY, WTICOUSD, XAGUSD, XAUUSD, XCUUSD, XPTUSD
Essentials: The 001 system has made 367 trades with an average winning trade of 296.85 pips / $130.37, the average losing trade around -12239.25 pips / -$146.23 and an average trade length of 5d.The best trade it ever had was (May 19) 8443.3 in pips and the worst trade was (Sep 10) -1502000.0 in pips.
It has won (68/110) 61% of its attempted buys and (142/257) 55% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Uses a potentially huge and dangerous stop loss.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.
