System: successful man
Description:
Type of Trading: Real
Broker: FXPro
Started: Jan 30, 2015
Views: 1296
Tracking: 8 users
Currency Pairs: AUDCHF, AUDNZD, EURCAD, EURNZD, GBPCHF, GBPUSD
Essentials: The successful man system has made 34 trades with an average winning trade of 34.46 pips / $3.08, the average losing trade around 0 pips / $0.00 and an average trade length of 1d.The best trade it ever had was (Mar 19) 196.0 in pips and the worst trade was – in pips.
It has won (24/24) 100% of its attempted buys and (10/10) 100% of its attempted sells.
Pros & Cons
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.
