System: 1
Description:
Type of Trading: Real
Broker: FXCM
Started: May 01, 2015
Views: 19
Tracking: 0 users
Currency Pairs: AUDJPY, AUDUSD, EURAUD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, US30, USDCAD, USDJPY, XAUUSD
Essentials: The 1 system has made 111 trades with an average winning trade of 67.13 pips / $1029.06, the average losing trade around -367.29 pips / -$1796.03 and an average trade length of 1d.The best trade it ever had was (Aug 24) 355.0 in pips and the worst trade was (Aug 24) -7111.0 in pips.
It has won (21/36) 58% of its attempted buys and (50/75) 66% 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.