Type of Trading: Real
Started: Feb 06, 2015
Tracking: 0 users
Currency Pairs: EURUSD, GBPUSD, GOLD, USDJPY
Essentials: The luiz system has made 153 trades with an average winning trade of 78.92 pips / $41.88, the average losing trade around -162.93 pips / -$60.27 and an average trade length of 7d.
The best trade it ever had was (Aug 03) 756.5 in pips and the worst trade was (Jul 13) -662.0 in pips.
It has won (27/52) 51% of its attempted buys and (87/101) 86% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Uses a potentially huge and dangerous stop loss.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.