Type of Trading: Real
Started: Mar 16, 2015
Tracking: 0 users
Currency Pairs: EURUSD, XAUUSD
Essentials: The firatem system has made 85 trades with an average winning trade of 1108.93 pips / $55.14, the average losing trade around -3732.50 pips / -$159.01 and an average trade length of 13d.
The best trade it ever had was (Jul 20) 2311.0 in pips and the worst trade was (Jun 04) -5006.0 in pips.
It has won (10/18) 55% of its attempted buys and (65/67) 97% 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.
- Uses a potentially huge and dangerous stop loss.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.