System: David Cooney
Type of Trading: Real
Started: Jun 30, 2015
Tracking: 0 users
Currency Pairs: AUDUSD, CHFJPY, EURGBP, EURJPY, EURUSD, GBPCHF, GBPUSD, USDCAD, USDCHF
Essentials: The David Cooney system has made 299 trades with an average winning trade of 33.95 pips / $258.19, the average losing trade around -68.44 pips / -$433.35 and an average trade length of 18h 30m.
The best trade it ever had was (Jul 10) 224.0 in pips and the worst trade was (Jul 10) -330.3 in pips.
It has won (30/46) 65% of its attempted buys and (174/253) 68% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Drawdown has been kept under 30% which is good.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.