System: henjiu GOLD
With a $5000 investment, and an average of 20% a month (target)
Trades are closed everyday.
NO Basket Trading! (Each trade is independent of each other)
NO hanging on to trades over the weekend!
According to the principle of the volatility of gold, to find the right point controllable risk trading, day trading profit target of 2% -5%, avoiding major news and sudden movements, strict risk control.
Type of Trading: Real
Broker: IC Markets
Started: Jun 06, 2015
Tracking: 4 users
Currency Pairs: XAUUSD
Essentials: The henjiu GOLD system has made 411 trades with an average winning trade of 152.15 pips / $17.64, the average losing trade around -288.07 pips / -$28.51 and an average trade length of 4h 53m.
The best trade it ever had was (Jul 20) 1136.0 in pips and the worst trade was (Jun 29) -1627.0 in pips.
It has won (116/170) 68% of its attempted buys and (182/241) 75% of its attempted sells.
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.