System: BalanceMarket 2.0
Type of Trading: Real
Broker: Alpari NZ
Started: Oct 22, 2013
Tracking: 26 users
Currency Pairs: EURUSD, PROFIT
Essentials: The BalanceMarket 2.0 system has made 130 trades with an average winning trade of 9.52 pips / $26.88, the average losing trade around -38.06 pips / -$126.98 and an average trade length of 7h 54m.
The best trade it ever had was (Feb 07) 38.3 in pips and the worst trade was (Apr 13) -59.5 in pips.
It has won (43/53) 81% of its attempted buys and (68/77) 88% of its attempted sells.
Pros & Cons
- Its average stop loss is less than 50 pips which is reasonable.
- Average win under 10 pips so its most likely a scalper that will be very broker sensitive.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.