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System: Pauper

Description:

Type of Trading: Real

Broker: Fort Financial Services

Started: Apr 11, 2015

Views: 41

Tracking: 0 users

Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCHF, EURGBP, EURJPY, EURUSD, GBPAUD, GBPJPY, GBPUSD, NZDCAD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USDSGD[/one_half]

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[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Essentials: The Pauper system has made 12020 trades with an average winning trade of 15.65 pips / , the average losing trade around -43.24 pips / and an average trade length of 16h 27m.

The best trade it ever had was (Jun 11) 182.0 in pips and the worst trade was (May 27) -287.0 in pips.

It has won (0/0) 0% of its attempted buys and (7980/12020) 66% of its attempted sells.[/quote]

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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]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.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Prone to large drawdowns.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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