|Symbol||Gross Profit, USD||Loss, USD||Profit, USD|
|Symbol||Gross Profit, pips||Loss, pips||Profit, pips|
Maximum profit (MFE) and maximum loss (MAE) values are recorded for each open order during its lifetime. These parameters additionally characterize each closed order using the values of the maximum unrealized potential and maximum permitted risk. MFE/Profit and MAE/Profit distribution graphs display each order as a point with received profit/loss value plotted along the X-axis, while maximum displayed values of potential profit (MFE) and potential loss (MAE) are plotted along the Y-axis.
Place your cursor over parameters/graph captions to see the best and worst trading series. Find out more about MAE and MFE distributions in the article Mathematics in Trading: How to Estimate Trade Results.
The average slippage based on execution statistics on real accounts of various brokers is specified in pips. It depends on the difference between the provider's quotes from "OANDA-v20 Live-1" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.
I’m an independent US based Swingtrader and I trade manually (FIFO Account).
I based my analysis on trend and counter-trend trades with support, resistance and trendlines.
I focus my trading on the daily chart, therefore I usually make my trades between 4pm to 5pm EST time. Sometimes I may do trades on the 4 hour chart if opportunity occurs.
I usually take 5 to 10 trades a week
I always use a stop loss of no more than 1% risk per trade, and I usually use profit targets of 1:1 risk reward and greater. I value risk management as the most important asset of trading.
I trade with a low spreads account, (Oanda Core Pricing=involves commissions) due to that its important for fulfilling orders and not missing trades. Some trades may involve a tight stop loss and its important you have an account with low spreads because you do not want to get stopped out due to having larger spreads than my account.
I use my own analysis of the market and I do not use risky strategies such as:
Contact me for any questions
Thank you for your interest and God Bless you
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Trading foreign currency exchange carries a high level of risk, and may not be suitable for all investors. Past performance is not an indicative of future results. The high degree of leverage and work against you as well as for you. Before deciding to invest in foreign currency exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading , and seek advice from a professional if you have any doubts.