System: Simon Weber
Type of Trading: Real
Started: Jul 08, 2015
Tracking: 0 users
Currency Pairs: AUDUSD, CHFJPY, EURGBP, EURJPY, EURUSD, GBPCHF, GBPUSD, USDCAD, USDCHF
Essentials: The Simon Weber system has made 91 trades with an average winning trade of 41.27 pips / $253.29, the average losing trade around -109.94 pips / -$664.31 and an average trade length of 20h 45m.
The best trade it ever had was (Jul 10) 217.7 in pips and the worst trade was (Jul 10) -312.0 in pips.
It has won (15/23) 65% of its attempted buys and (54/68) 79% 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.
- Uses a potentially huge and dangerous stop loss.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.