9.08.2011

Will not make 150%









If you found this EA on eBay, do not buy. It won't make 150% a month. It will take up to 3 consecutive losses, and if it's not successfully recovered by the time, the loss becomes so huge that it takes  successful trades to get recovered.

It uses semi-martingale strategy, and it multiply the initial lot by 6, and tries to recover losses 3 times. So if your initial lot was 0.01, then the second trade takes 0.06 lots, the third trade takes 0.36 lots. Each time it takes a loss you lose 30 pips while winning trade brings you 5 pips.

1st loss: 30 pips
2nd loss: 180 pips
3rd loss: 540 pips

total loss: 750 pips

You must get 150 times of 5 pips winner to get this huge 750 pips loss recovered.

Even if this EA has a very high winning ratio, you'll give away all your profits suddenly some day. This EA is NO GOOD. Actually, really bad. Do not buy.

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