System: Buy Positions
Description: Long side only.
Type of Trading: Real
Broker: Oanda
Started: Mar 23, 2011
Views: 0
Tracking: 0 users
Currency Pairs: EURUSD
Essentials: The Buy Positions system has made 151 trades with an average winning trade of 50.21 pips / , the average losing trade around -293.89 pips / and an average trade length of 4d.The best trade it ever had was (Jul 14) 59.1 in pips and the worst trade was (Apr 13) -500.1 in pips.
It has won (141/151) 93% of its attempted buys and (0/0) 0% 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.
