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System: LmaxUK

Description:

Type of Trading: Real

Broker: LMAX

Started: Jun 25, 2014

Views: 906

Tracking: 18 users

Currency Pairs: AUDCAD, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, J225.L, NZDCAD, NZDJPY, NZDUSD, UK100., USDCAD, USDCHF, USDJPY, USDRUB, USDSEK, USDSGD, WS30.L, XAGUSD, XAUUSD, XBRUSD, XTIUSD[/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 LmaxUK system has made 3475 trades with an average winning trade of 21.10 pips / $25.57, the average losing trade around -57.83 pips / -$42.05 and an average trade length of 2h 4m.

The best trade it ever had was (Aug 24) 4800.0 in pips and the worst trade was (Aug 24) -6400.0 in pips.

It has won (1472/2108) 69% of its attempted buys and (1007/1367) 73% of its attempted sells.[/quote]

[box][icon type=”vector” icon=”enotype-icon-thumbs-up” size=”32″ hover_animation=”border_increase” ][icon type=”vector” icon=”enotype-icon-thumbs-down” align=”right” size=”32″ hover_animation=”border_increase” ]

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.,Drawdown has been kept under 30% which is good.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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