System: Drive Gold XM
Description:
Type of Trading: Real
Broker: XM
Started: May 22, 2014
Views: 1938
Tracking: 10 users
Currency Pairs: GOLDMI
Essentials: The Drive Gold XM system has made 933 trades with an average winning trade of 138.99 pips / , the average losing trade around -308.41 pips / and an average trade length of 10d.The best trade it ever had was (Jul 20) 976.0 in pips and the worst trade was (Jul 20) -1181.0 in pips.
It has won (313/452) 69% of its attempted buys and (361/481) 75% 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.
