System: LEARNING TO FLY
Description: Automated trading
It is important to know that drawdown is not realistic, because of the low initial deposit. The DD is high because the capital is very small
For conctat: ethicalforex@gmail.com
Type of Trading: Real
Broker: IC Markets
Started: Jan 26, 2015
Views: 164
Tracking: 2 users
Currency Pairs: AUDUSD, EURAUD, EURGBP, EURJPY, EURUSD, GBPCAD, GBPUSD, USDCAD, USDJPY, XAUUSD
Essentials: The LEARNING TO FLY system has made 576 trades with an average winning trade of 65.70 pips / $6.16, the average losing trade around -147.79 pips / -$12.03 and an average trade length of 10h 5m.The best trade it ever had was (May 13) 586.0 in pips and the worst trade was (Apr 28) -1495.0 in pips.
It has won (217/278) 78% of its attempted buys and (224/298) 75% of its attempted sells.
Pros & Cons
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.
