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System: 121Trader

Description:

Type of Trading: Real

Broker: ATC Brokers

Started: Aug 02, 2013

Views: 152

Tracking: 0 users

Currency Pairs: EURUSD[/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 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.[/quote]

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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average win is larger than 10 pips which is usually a good thing.,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″ ]Uses a potentially huge and dangerous stop loss.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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