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System: Umar Mughal

Description:

Type of Trading: Real

Broker: STOCK.com

Started: Jul 10, 2015

Views: 5

Tracking: 0 users

Currency Pairs: AUDCAD, AUDNZD, AUDUSD, EURUSD, GBPUSD, USDCAD, USDCHF[/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 Umar Mughal system has made 971 trades with an average winning trade of 14.42 pips / $20.29, the average losing trade around -8.25 pips / -$13.72 and an average trade length of 3h 56m.

The best trade it ever had was (Aug 04) 63.7 in pips and the worst trade was (Jul 14) -77.0 in pips.

It has won (9/12) 75% of its attempted buys and (685/959) 71% of its attempted sells.[/quote]

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Pros & Cons

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[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.,Drawdown has been kept under 30% which is good.,[/list][/one_half]Cons

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