System: Live PP
Type of Trading: Real
Started: Jun 11, 2015
Tracking: 5 users
Currency Pairs: AUDJPY, AUDUSD, EURJPY, EURUSD, USDCAD, USDJPY
Essentials: The Live PP system has made 3422 trades with an average winning trade of 7.75 pips / $7.96, the average losing trade around -18.09 pips / -$7.64 and an average trade length of 1h 52m.
The best trade it ever had was (Aug 24) 39.2 in pips and the worst trade was (Aug 25) -98.6 in pips.
It has won (1103/1633) 67% of its attempted buys and (1199/1789) 67% of its attempted sells.
Pros & Cons
- Its average stop loss is less than 50 pips which is reasonable.
- Drawdown has been kept under 30% which is good.
- Average win under 10 pips so its most likely a scalper that will be very broker sensitive.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.