Type of Trading: Real
Broker: ATC Brokers
Started: Aug 02, 2013
Tracking: 0 users
Currency Pairs: EURUSD
Essentials: The 121Trader system has made 102 trades with an average winning trade of 22.17 pips / $30.25, the average losing trade around -136.24 pips / -$180.17 and an average trade length of 2d.
The best trade it ever had was (Feb 28) 150.4 in pips and the worst trade was (Nov 01) -299.0 in pips.
It has won (67/73) 91% of its attempted buys and (23/29) 79% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Drawdown has been kept under 30% which is good.
- Uses a potentially huge and dangerous stop loss.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.