System: GSFX Target 20% Monthly
Description: Automated Trading System
www.gsfxinvestments.com
Type of Trading: Real
Broker: ETX Capital
Started: Jul 21, 2015
Views: 398
Tracking: 4 users
Currency Pairs: EURJPY, EURUSD, GBPUSD, USDCAD
Essentials: The GSFX Target 20% Monthly system has made 10765 trades with an average winning trade of 7.76 pips / $4.24, the average losing trade around -18.44 pips / -$5.18 and an average trade length of 2h 56m.The best trade it ever had was (Aug 24) 105.1 in pips and the worst trade was (Aug 27) -222.9 in pips.
It has won (3691/5502) 67% of its attempted buys and (3382/5263) 64% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average stop loss is less than 50 pips which is reasonable.
- Average win under 10 pips so its most likely a scalper that will be very broker sensitive.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.