System: Master
Description:
Type of Trading: Real
Broker: Global Prime
Started: Feb 02, 2015
Views: 189
Tracking: 5 users
Currency Pairs: AUDCAD, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDJPY, NZDUSD, USDCAD, USDJPY, XAUUSD
Essentials: The Master system has made 1786 trades with an average winning trade of 156.07 pips / €13.77, the average losing trade around -330.16 pips / -€24.88 and an average trade length of 1d.The best trade it ever had was (Mar 18) 1983.0 in pips and the worst trade was (Aug 24) -4278.0 in pips.
It has won (355/525) 67% of its attempted buys and (975/1261) 77% of its attempted sells.
Pros & Cons
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.