MyFXDuplicate Real Account Stopped test

by MyFxDuplicate.com
Site closed
-6.39% WEEKLY · 29 weeks
Average Pips per Week:
-25 (Gross Pips: -714)
Average P/L per Week:
-6.39% (Gross P/L: -85.28%)
Maximum Equity used:
88.27% (Feb 23, 2012, 9:50:00 PM)
Test started:
Aug 12, 2011
Test Stopped:
Mar 2, 2012 (Tested 29 weeks)
Crashed & Burned, Multiple Statements Available

We appreciate MyFxDuplicate.com sharing their Real account performance with ForexPeaceArmy.com visitors !

12.06.11 MyFXDuplicate Real test continue...
11.29.11
MyFXDuplicate Real test stopped - owner changed password...
08.15.11 MyFXDuplicate Real test restarted on new account with help of Investor Access...
08.10.11 MyFXDuplicate Real test stopped due to account change...
06.16.11 MyFXDuplicate Real test started with help of Investor Access...

Owner description: I use a trade copier that has been modified to fit any broker regardless of spread charge to copy my trades into clients MT4 accounts.

My trading Style: I NEVER follow any Martingale or Grid styles. I trade on the majors and do not scalp the market and my average risk:reward ratio is 1:1, were I use 20-120 pips as a hard stoploss and 30 to over 150 pips target. Which means I will only need one winning trade to recover from a losing trade most of the time.

Trades can be executed during any trading session (no trading time window restriction), and all trades are closed before the market close unless they are well into profits (above +100 pips) then I may consider in that case to keep the trades over the weekend if things look right.  Moreover, most of my trades do not last more than 2 trading days before they get closed unless they are well into profit and stoploss is at breakeven. In other words, I never keep an over flouting loss.

The lot size I use is consistently the same for all positions at all time. And I execute AT LEAST 4 trades per week. (usually over 5 trades per day).

Currencies traded: EurUsd, GbpUsd, UsdCad, AudUsd, UsdJpy, UsdChf