System: GSFX Target 40% Monthly
Description: GSFX Investments Automated Trading System
Type of Trading: Real
Broker: ETX Capital
Started: Jul 22, 2015
Tracking: 5 users
Currency Pairs: EURJPY, EURUSD, GBPUSD, USDCAD
Essentials: The GSFX Target 40% Monthly system has made 10722 trades with an average winning trade of 7.71 pips / $6.66, the average losing trade around -18.15 pips / -$8.13 and an average trade length of 2h 56m.
The best trade it ever had was (Aug 24) 101.8 in pips and the worst trade was (Sep 04) -221.5 in pips.
It has won (3683/5496) 67% of its attempted buys and (3357/5226) 64% of its attempted sells.
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.