[box]

[one_half]

System: Mahulong1

Description: Motto: Drawdown is every thing.

Method: Day trader, use daily resistance and support level to trade.

Goal: maxDD=5% and profit=80%-100% per year.

Rule: Trade 1 Unit (1 unit = 0.01 lot per 500$) each time. Max open trades
are 2 units(in very rare case).

Dream: Wall Street trader.

Type of Trading: Real

Broker: Oanda

Started: Jul 31, 2014

Views: 9104

Tracking: 107 users

Currency Pairs: AUDUSD, EURJPY, EURUSD, GBPUSD, USDJPY[/one_half]

[one_half_last]

[/one_half_last][/box]

[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Essentials: The Mahulong1 system has made 941 trades with an average winning trade of 16.14 pips / $1.97, the average losing trade around -13.91 pips / -$1.62 and an average trade length of 7h 18m.

The best trade it ever had was (Nov 06) 191.6 in pips and the worst trade was (Oct 06) -90.1 in pips.

It has won (187/381) 49% of its attempted buys and (320/560) 57% 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.,Its average stop loss is less than 50 pips which is reasonable.,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″ ]

[/list] [/one_half_last][/box]