Description: Simple trade using 5 method
1. Buy low & Sell high
2. Daily limit trading
3. Minor trend
Type of Trading: Real
Broker: Futures Galleria
Started: Nov 03, 2011
Tracking: 252 users
Currency Pairs: AUDJPY, AUDUSD, CHFJPY, CLU2, DJU2, DJU3, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, HSI_R, KSH2, KSM2, KSZ1, KSZ2, NQH2, NQH4, NQM2, NQM3, NQM4, NQU2, NQU3, NQZ1, NQZ2, NQZ3, NZDUSD, SSIU3, USDCAD, USDCHF, USDJPY, XAUUSD
Essentials: The Johnpaul77 system has made 847 trades with an average winning trade of 507.19 pips / $827.61, the average losing trade around -379.86 pips / -$647.96 and an average trade length of 1d.
The best trade it ever had was (Nov 10) 8700.0 in pips and the worst trade was (Aug 22) -9500.0 in pips.
It has won (275/381) 72% of its attempted buys and (327/466) 70% 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.