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System: Money Hunter

Description: Martingale, grid, averaging, and other risky strategy NOT USED! Stop loss is ALWAYS!

Type of Trading: Real

Broker: FIBOGroup

Started: Feb 26, 2015

Views: 1630

Tracking: 11 users

Currency Pairs: AUDCAD, AUDJPY, CADJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, USDCAD, USDCHF, USDJPY, USDSGD, XAUUSD[/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 Money Hunter system has made 904 trades with an average winning trade of 11.44 pips / $5.74, the average losing trade around -19.81 pips / -$8.84 and an average trade length of 1h 22m.

The best trade it ever had was (Jul 22) 227.0 in pips and the worst trade was (Jul 08) -701.0 in pips.

It has won (275/420) 65% of its attempted buys and (318/484) 65% 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.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Prone to large drawdowns.,

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