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System: LEARNING TO FLY
Description: Automated trading
It is important to know that drawdown is not realistic, because of the low initial deposit. The DD is high because the capital is very small
For conctat: ethicalforex@gmail.com
Type of Trading: Real
Broker: IC Markets
Started: Jan 26, 2015
Views: 164
Tracking: 2 users
Currency Pairs: AUDUSD, EURAUD, EURGBP, EURJPY, EURUSD, GBPCAD, GBPUSD, USDCAD, USDJPY, XAUUSD[/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 LEARNING TO FLY system has made 576 trades with an average winning trade of 65.70 pips / $6.16, the average losing trade around -147.79 pips / -$12.03 and an average trade length of 10h 5m.
The best trade it ever had was (May 13) 586.0 in pips and the worst trade was (Apr 28) -1495.0 in pips.
It has won (217/278) 78% of its attempted buys and (224/298) 75% 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.,[/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.,Prone to large drawdowns.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,
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