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System: IC Markets

Description:

Type of Trading: Real

Broker: IC Markets

Started: Jun 25, 2015

Views: 8

Tracking: 0 users

Currency Pairs: EURUSD, GBPUSD[/one_half]

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[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Essentials: The IC Markets system has made 2619 trades with an average winning trade of 10.74 pips / $1.56, the average losing trade around -25.03 pips / -$4.40 and an average trade length of 2h 44m.

The best trade it ever had was (Jul 06) 57.5 in pips and the worst trade was (Jul 06) -93.3 in pips.

It has won (574/786) 73% of its attempted buys and (1407/1833) 76% of its attempted sells.[/quote]

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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average stop loss is less than 50 pips which is reasonable.,Drawdown has been kept under 30% which is good.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Average win under 10 pips so its most likely a scalper that will be very broker sensitive.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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