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System: SteadyGrowth

Description: Both fundamental and technical analysis used to form the trading strategy. Mainly major FX pairs and metals are traded, using multiple technical tools as a benchmark to measure market volatility, as well as monitoring all economic news which might affect the market.

Type of Trading: Real

Broker: Pepperstone

Started: Jul 20, 2015

Views: 2

Tracking: 0 users

Currency Pairs: AUDCAD, AUDUSD, EURAUD, EURCHF, EURUSD, GBPCAD, GBPJPY, GBPUSD, USDCAD, USDCHF, USDJPY, XAUUSD[/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 SteadyGrowth system has made 382 trades with an average winning trade of 73.96 pips / , the average losing trade around -115.94 pips / and an average trade length of 14h 6m.

The best trade it ever had was (Aug 07) 711.0 in pips and the worst trade was (Sep 09) -1158.0 in pips.

It has won (292/334) 87% of its attempted buys and (28/48) 58% 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.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Uses a potentially huge and dangerous stop loss.,Prone to large drawdowns.,

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