System: New System Live
Description:
Type of Trading: Real
Broker: ThinkForex
Started: Aug 10, 2015
Views: 2
Tracking: 0 users
Currency Pairs: AUDCAD, AUDUSD, EURAUD, EURCAD, EURGBP, EURJPY, EURNZD, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDJPY, XAUUSD
Essentials: The New System Live system has made 588 trades with an average winning trade of 9.32 pips / , the average losing trade around -29.08 pips / and an average trade length of 3h 31m.The best trade it ever had was (Aug 31) 87.4 in pips and the worst trade was (Sep 03) -203.1 in pips.
It has won (340/401) 84% of its attempted buys and (139/187) 74% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average stop loss is less than 50 pips which is reasonable.
- Drawdown has been kept under 30% which is good.
- Average win under 10 pips so its most likely a scalper that will be very broker sensitive.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.
