System: www.pipsafe.com
Description:
Type of Trading: Real
Broker: Alpari NZ
Started: Jul 24, 2014
Views: 220
Tracking: 2 users
Currency Pairs: EURGBP, EURUSD
Essentials: The www.pipsafe.com system has made 549 trades with an average winning trade of 13.87 pips / USC93.07, the average losing trade around -33.74 pips / -USC137.60 and an average trade length of 8h 24m.The best trade it ever had was (Jun 29) 280.0 in pips and the worst trade was (Oct 16) -138.0 in pips.
It has won (165/228) 72% of its attempted buys and (246/321) 76% of its attempted sells.
Pros & Cons
Pros
Cons
- 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.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.
