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System: Tyche2 — risk 0.5 (Started Dec 2014 – trifia)

Description:

Type of Trading: Real

Broker: ThinkForex

Started: Dec 04, 2014

Views: 220

Tracking: 2 users

Currency Pairs: AUDUSD, EURAUD, EURCAD, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPNZD, GBPUSD[/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 Tyche2 — risk 0.5 (Started Dec 2014 – trifia) system has made 222 trades with an average winning trade of 16.41 pips / $16.71, the average losing trade around -33.79 pips / -$35.60 and an average trade length of 3h 20m.

The best trade it ever had was (Jan 12) 93.4 in pips and the worst trade was (Aug 26) -143.7 in pips.

It has won (81/115) 70% of its attempted buys and (71/107) 66% of its attempted sells.[/quote]

[box][icon type=”vector” icon=”enotype-icon-thumbs-up” size=”32″ hover_animation=”border_increase” ][icon type=”vector” icon=”enotype-icon-thumbs-down” align=”right” size=”32″ hover_animation=”border_increase” ]

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.,Its average stop loss is less than 50 pips which is reasonable.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Prone to large drawdowns.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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