Description: Short term trades on the EURUSD and GBPUSD mostly. May take opportunities in other markets as I see fit(very rare). Manual trading following a systematic discretionary methodology, this means the methodology has rules, but interpretation of what happens in the market still requires some discretion from me at times. The large majority will be day trades and I strive to do 2 swing trades a month lasting a few days. As part of my risk management rules, I do not hold trades over weekends, not even swing trades.
Type of Trading: Real
Started: Mar 06, 2015
Tracking: 0 users
Currency Pairs: EURUSD, GBPUSD, NZDUSD
Essentials: The MyOnLyAccount system has made 144 trades with an average winning trade of 39.59 pips / , the average losing trade around -21.21 pips / and an average trade length of 4h 3m.
The best trade it ever had was (Sep 17) 172.6 in pips and the worst trade was (Apr 30) -40.1 in pips.
It has won (51/91) 56% of its attempted buys and (36/53) 67% of its attempted sells.
Pros & Cons
- 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.