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Look at the Forex Illuminati verified statement of Ronald Sawyer. Starting capital is $1000, EA setting is conservative, but it uses a lot size 1, with 10 pips stop loss and 10 pips take profit. That means the risk is 10%. Look at the EA when EA lost a trade, it executes the next trade with the same Lot size which is 1.61, in order to break even. That means the EA is risking 11% now. Isn't it funny that whenever it lost a trade, it will always make it back to break even on the next trade.

 

Maybe I am mistaken, but I don't think the statement is real. It looks like it is just a mock up statement, every time there is a lost, the next trade is always positive, resulting in a break even. There has never been any two consecutive losses. According to the website Risk factor is 1%, and according to Ronald his EA is using a conservative setting for trading.

 

If I have this kind of EA, I would never sell it, unless I can get a million dollar or more for it, so I don't have to worry about Forex.

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