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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[/one_half]

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[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]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.[/quote]

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Pros & Cons

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[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average stop loss is less than 50 pips which is reasonable.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]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.,

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