System: Nik
Description:
Type of Trading: Real
Broker: FXCM
Started: Jan 21, 2014
Views: 518
Tracking: 2 users
Currency Pairs: Bund, COPPER, EURAUD, EURJPY, EURUSD, EUSTX50, GBPUSD, HKG33, ITA40, JPN225, NGAS, SUI30, UK100, US30, USDCHF, USDCNH, USDJPY, USDOLLAR, USOIL, XAGUSD, XAUUSD, XPDUSD
Essentials: The Nik system has made 187 trades with an average winning trade of 13859.56 pips / , the average losing trade around -12956.22 pips / and an average trade length of 32d.The best trade it ever had was (May 05) 238600.0 in pips and the worst trade was (Jan 21) -166300.0 in pips.
It has won (29/77) 37% of its attempted buys and (39/110) 35% of its attempted sells.
Pros & Cons
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.
