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System: LT Trend Sniper

Description: Long term trend following system by The Lazy Trader. For more details visit the-lazy-trader.com

Type of Trading: Real

Broker: Oanda

Started: Dec 16, 2014

Views: 890

Tracking: 8 users

Currency Pairs: EURUSD[/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 LT Trend Sniper system has made 8 trades with an average winning trade of 465.43 pips / $161.46, the average losing trade around -207.48 pips / -$62.24 and an average trade length of 12d.

The best trade it ever had was (Feb 04) 741.3 in pips and the worst trade was (May 19) -273.2 in pips.

It has won (0/3) 0% of its attempted buys and (3/5) 60% 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.,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″ ]Uses a potentially huge and dangerous stop loss.,

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