Type of Trading: Real
Broker: IC Markets
Started: Feb 16, 2015
Tracking: 3 users
Currency Pairs: AUDUSD, EURAUD, EURNZD, EURUSD, GBPAUD, GBPNZD, GBPUSD, NZDUSD
Essentials: The IC_AUD system has made 247 trades with an average winning trade of 144.83 pips / A$13.72, the average losing trade around -430.90 pips / -A$40.95 and an average trade length of 6d.
The best trade it ever had was (Jul 15) 870.6 in pips and the worst trade was (Aug 12) -1402.6 in pips.
It has won (65/74) 87% of its attempted buys and (138/173) 79% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Uses a potentially huge and dangerous stop loss.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.