System: David Bautista
Description: This system is designed to take advantage of trending and ranging currency pairs to maximize profitability and risk -1.5% of equity per trade to be able to absorb long strings of losses to attain longevity and protect capital.
Type of Trading: Real
Broker: FXCM
Started: Oct 29, 2014
Views: 294
Tracking: 1 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY
Essentials: The David Bautista system has made 230 trades with an average winning trade of 235.36 pips / , the average losing trade around -178.51 pips / and an average trade length of 12d.The best trade it ever had was (Jan 15) 1609.8 in pips and the worst trade was (Jan 15) -955.8 in pips.
It has won (39/89) 43% of its attempted buys and (75/141) 53% of its attempted sells.
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.