System: Guisuishou
Description:
Type of Trading: Real
Broker: IronFX
Started: Mar 11, 2013
Views: 3316
Tracking: 24 users
Currency Pairs: #FDXH5, #FDXM5, AUDUSD, EURAUD, EURGBP, EURJPY, EURUSD, GBPAUD, GBPJPY, GBPUSD, USDCAD, USDJPY, XAUUSD
Essentials: The Guisuishou system has made 943 trades with an average winning trade of 18.52 pips / , the average losing trade around -146.81 pips / and an average trade length of 12h 39m.The best trade it ever had was (Oct 31) 1236.0 in pips and the worst trade was (Mar 16) -7950.0 in pips.
It has won (244/314) 77% of its attempted buys and (493/629) 78% of its attempted sells.
Pros & Cons
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.