System: PIST BUY
Type of Trading: Real
Started: Jul 31, 2012
Tracking: 2 users
Currency Pairs: AUDCAD, AUDJPY
Essentials: The PIST BUY system has made 179 trades with an average winning trade of 53.50 pips / , the average losing trade around -162.16 pips / and an average trade length of 7d.
The best trade it ever had was (Nov 02) 361.4 in pips and the worst trade was (Aug 25) -659.1 in pips.
It has won (134/171) 78% of its attempted buys and (4/8) 50% of its attempted sells.
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.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.