Type of Trading: Real
Started: Mar 01, 2015
Tracking: 1 users
Currency Pairs: AUDCAD, AUDJPY, AUDNZD, AUDUSD, EURAUD, EURCAD, EURGBP, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPNZD, GBPUSD, USDCAD, USDJPY, USDMXN
Essentials: The MSP system has made 348 trades with an average winning trade of 30.78 pips / , the average losing trade around -164.22 pips / and an average trade length of 1d.
The best trade it ever had was (Jul 02) 1387.5 in pips and the worst trade was (Aug 24) -4973.0 in pips.
It has won (112/138) 81% of its attempted buys and (163/210) 77% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Drawdown has been kept under 30% which is good.
- Uses a potentially huge and dangerous stop loss.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.