System: Sally lite
Description:
Type of Trading: Real
Broker: RoboForex
Started: Jun 17, 2015
Views: 87
Tracking: 3 users
Currency Pairs: AUDCAD, AUDJPY, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURGBP, EURNZD, GBPAUD, GBPJPY, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDJPY
Essentials: The Sally lite system has made 45 trades with an average winning trade of 39.63 pips / $3.78, the average losing trade around -122.13 pips / -$13.72 and an average trade length of 1d.The best trade it ever had was (Jul 31) 136.4 in pips and the worst trade was (Sep 09) -502.8 in pips.
It has won (11/12) 91% of its attempted buys and (27/33) 81% of its attempted sells.
Pros & Cons
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.
- Uses a potentially huge and dangerous stop loss.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.