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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[/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 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.[/quote]

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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average win is larger than 10 pips which is usually a good thing.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Uses a potentially huge and dangerous stop loss.,Prone to large drawdowns.,

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