System: Confidence Invest
Description:
Type of Trading: Real
Broker: FXOpen
Started: Apr 17, 2015
Views: 18
Tracking: 0 users
Currency Pairs: AUDCAD, EURUSD, GBPUSD, USDJPY
Essentials: The Confidence Invest system has made 343 trades with an average winning trade of 8.05 pips / $22.22, the average losing trade around -36.24 pips / -$37.38 and an average trade length of 12h 43m.The best trade it ever had was (Jul 23) 66.3 in pips and the worst trade was (Aug 10) -98.8 in pips.
It has won (50/50) 100% of its attempted buys and (273/293) 93% of its attempted sells.
Pros & Cons
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.
