Description: Old skool
Type of Trading: Real
Started: Sep 12, 2012
Tracking: 2 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, CORNUSD, EURAUD, EURCAD, EURJPY, EURUSD, GBPJPY, GBPUSD, SPX500USD, USDCAD, USDCHF, USDJPY, WHEATUSD
Essentials: The MooCow system has made 771 trades with an average winning trade of 48.86 pips / A$1.71, the average losing trade around -697.66 pips / -A$2.41 and an average trade length of 30d.
The best trade it ever had was (Sep 19) 665.8 in pips and the worst trade was (Sep 24) -3730.0 in pips.
It has won (649/724) 89% of its attempted buys and (37/47) 78% 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.