System: MYYIELD
Description: CS.B.
Type of Trading: Real
Broker: FXCM
Started: Jul 23, 2012
Views: 346
Tracking: 2 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURHUF, EURJPY, EURNZD, EURUSD, FRA40, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, GER30, ITA40, JPN225, NZDJPY, NZDUSD, SPX500, UK100, UKOIL, USDCAD, USDCHF, USDHUF, USDJPY, USDRUB, USOIL, XAGUSD, XAUUSD
Essentials: The MYYIELD system has made 1304 trades with an average winning trade of 153.62 pips / €211.11, the average losing trade around -538.91 pips / -€412.37 and an average trade length of 2d.The best trade it ever had was (Oct 08) 21000.0 in pips and the worst trade was (Dec 17) -24700.0 in pips.
It has won (542/764) 70% of its attempted buys and (393/540) 72% of its attempted sells.
Pros & Cons
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.
