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System: Drive Gold XM

Description:

Type of Trading: Real

Broker: XM

Started: May 22, 2014

Views: 1938

Tracking: 10 users

Currency Pairs: GOLDMI[/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 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.[/quote]

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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average win is larger than 10 pips which is usually a good thing.,[/list][/one_half]Cons

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

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