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System: VT.Official

Description:

Type of Trading: Real

Broker: FXCM

Started: May 30, 2013

Views: 583

Tracking: 16 users

Currency Pairs: AUDCAD, AUDJPY, AUDNZD, AUDUSD, CADJPY, EURAUD, EURCAD, EURJPY, EURUSD, GBPUSD, NZDCAD, NZDJPY, NZDUSD, USDCAD, USDJPY[/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 VT.Official system has made 334 trades with an average winning trade of 8.41 pips / , the average losing trade around -17.68 pips / and an average trade length of 50m.

The best trade it ever had was (May 12) 13.5 in pips and the worst trade was (Aug 07) -50.9 in pips.

It has won (120/156) 76% of its attempted buys and (128/178) 71% 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 stop loss is less than 50 pips which is reasonable.,Drawdown has been kept under 30% which is good.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Average win under 10 pips so its most likely a scalper that will be very broker sensitive.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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