System: Pennies to Dollars
Description:
Type of Trading: Real
Broker: Oanda
Started: Dec 23, 2014
Views: 23
Tracking: 0 users
Currency Pairs: AUDCAD, AUDCHF, EURAUD, EURCAD, EURCHF, EURGBP, EURNZD, GBPAUD, GBPCAD, GBPCHF, GBPNZD, GBPUSD, NZDCAD
Essentials: The Pennies to Dollars system has made 7558 trades with an average winning trade of 14.18 pips / , the average losing trade around -51.21 pips / and an average trade length of 13h 43m.The best trade it ever had was (Aug 25) 510.8 in pips and the worst trade was (May 07) -858.7 in pips.
It has won (2531/3307) 76% of its attempted buys and (3144/4251) 73% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.
