System: Live 5K
Description: – UPDATE May 3 2015: good results so added an extra 1000 euro to the account. Received a bonus of 300 extra wich I’ll leave in the account so an total of 1300 euro is added.
– Started April 6th 2015 with 1001 euro (Originally 1300 euro as i received a 300 bonus from broker but withdrew in order to start with 1001 euro)
Type of Trading: Real
Broker: HotForex
Started: Apr 01, 2015
Views: 48
Tracking: 0 users
Currency Pairs: AUDCAD, AUDJPY, AUDNZD, AUDUSD, EURAUD, EURCAD, EURGBP, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY, XAUUSD
Essentials: The Live 5K system has made 1131 trades with an average winning trade of 218.74 pips / €24.77, the average losing trade around -118.33 pips / -€15.36 and an average trade length of 3d.The best trade it ever had was (Jul 20) 4538.0 in pips and the worst trade was (Jun 01) -1500.0 in pips.
It has won (210/529) 39% of its attempted buys and (210/602) 34% 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.
