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System: Dummiestrading

Description:

Type of Trading: Real

Broker: Oanda

Started: Nov 15, 2012

Views: 700

Tracking: 4 users

Currency Pairs: AUDUSD, BCOUSD, CORNUSD, DE10YBEUR, EURUSD, GBPJPY, GBPUSD, NATGASUSD, SOYBNUSD, SUGARUSD, UK10YBGBP, US30USD, USB30YUSD, USDCAD, USDCHF, USDJPY, WHEATUSD, WTICOUSD, XAGUSD, XAUUSD, XCUUSD, XPDUSD, XPTUSD[/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 Dummiestrading system has made 2339 trades with an average winning trade of 1751.69 pips / , the average losing trade around -2150.44 pips / and an average trade length of 5d.

The best trade it ever had was (Jun 24) 53740.0 in pips and the worst trade was (Dec 06) -875000.0 in pips.

It has won (417/1015) 41% of its attempted buys and (524/1324) 39% of its attempted sells.[/quote]

[box][icon type=”vector” icon=”enotype-icon-thumbs-up” size=”32″ hover_animation=”border_increase” ][icon type=”vector” icon=”enotype-icon-thumbs-down” align=”right” size=”32″ hover_animation=”border_increase” ]

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.,Drawdown has been kept under 30% which is good.,[/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.,

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