Well there are many copies sold already, and many ppl posting its results. Let the guy do what he wants ;)
He made a ridiculous amount of cash in no time with a solid strategy! Really find something better and let me know!
Oh, we have an insider here.... than tell us please how many copies he sold already 😝
Not really an insider... I didnt even buy a copy myself. Just chose to code the strategy on my own. But Ive been following this thread for a while and you can see how many ppl discuss their gains/losses.
Now, lets be honest, yesterday was NOT a day you needed a EA to make money. After the FOMC annoucement, a monkey could have made a good bet ;)
Opportunities like yesterday does come a couple of times in the year. But thats not really what made this EA strategy so great.
The guy found out a pattern that works! You have an average loss 2x or more smaller than the gains.
Now, in terms of risk ppl are taking, Sure, I'd not go live with real cash with a risk higher than 5%.
But make a calc. 5% on a 25pip SL average that means you have a 10% average win! Yesterday the gains were way higher than the average, so lets say 5% risk a total of 15-20% gain would have been reasonable. 100% gain, means you risk around 25% per trade and that could potentally blow your account in a series of losses.
So I agree with Steve B - 100% for 12 trades is for sure a high risk, even though yesterday, I should have gone all-in too ;)