System: Gold Department
Description:
Type of Trading: Real
Broker: XM
Started: May 05, 2015
Views: 61
Tracking: 0 users
Currency Pairs: AUDCHF, AUDJPY, AUDNZD, AUDUSD, EURAUD, EURNZD, EURTRY, EURUSD, GBPAUD, GBPCHF, GBPNZD, GOLDMI, NZDCHF, NZDUSD, USDCHF, USDHUF, USDJPY
Essentials: The Gold Department system has made 145 trades with an average winning trade of 248.67 pips / $16.06, the average losing trade around -140.33 pips / -$12.11 and an average trade length of 20d.The best trade it ever had was (Jun 19) 1838.9 in pips and the worst trade was (Aug 19) -427.6 in pips.
It has won (88/94) 93% of its attempted buys and (38/51) 74% 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.
