Type of Trading: Real
Started: Dec 09, 2014
Tracking: 2 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNOK, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, GDAXI., GDAXIM, NZDCAD, NZDJPY, NZDUSD, UK100., USDCAD, USDCHF, USDCNH, USDJPY, USDSEK, USDSGD, WS30.L, WS30M., XAGUSD, XAUUSD, XBRUSD, XTIUSD
Essentials: The lmax2 system has made 5100 trades with an average winning trade of 109.77 pips / $36.69, the average losing trade around -478.13 pips / -$75.74 and an average trade length of 1h 33m.
The best trade it ever had was (Aug 24) 13700.0 in pips and the worst trade was (Aug 25) -40600.0 in pips.
It has won (2053/2890) 71% of its attempted buys and (1589/2210) 71% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Drawdown has been kept under 30% which is good.
- Uses a potentially huge and dangerous stop loss.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.