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System: fxcooptraders1
Description:
Type of Trading: Real
Broker: AxiTrader
Started: Aug 30, 2013
Views: 122
Tracking: 0 users
Currency Pairs: AUDUSD, EURAUD, EURCHF, EURNZD, EURPLN, EURTRY, EURUSD, GBPUSD, NZDUSD, TRYJPY, USDCNH, USDRUB, USDTHB, USDTRY, WTI[/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 fxcooptraders1 system has made 4147 trades with an average winning trade of 17.70 pips / , the average losing trade around -47.42 pips / and an average trade length of 1d.
The best trade it ever had was (Jan 07) 2099.0 in pips and the worst trade was (Nov 27) -1283.0 in pips.
It has won (1011/1452) 69% of its attempted buys and (2092/2695) 77% 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.,Its average stop loss is less than 50 pips which is reasonable.,[/list][/one_half]Cons
[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Prone to large drawdowns.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,
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