System: O-1
Description: Manual trading. I’m following the market trend using a few indicators + keeping an eye on the news. Managing low risk is the most important part in Forex which allows me to preserve the capital and make a good profit. Good luck to all.
Type of Trading: Real
Broker: Oanda
Started: Dec 11, 2014
Views: 21
Tracking: 0 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, EURAUD, EURCAD, EURGBP, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDJPY
Essentials: The O-1 system has made 435 trades with an average winning trade of 29.67 pips / , the average losing trade around -64.60 pips / and an average trade length of 5d.The best trade it ever had was (Jun 02) 321.5 in pips and the worst trade was (Sep 16) -408.3 in pips.
It has won (140/173) 80% of its attempted buys and (214/262) 81% 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.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.
