Buy IS VIP 5 EA + IS M1 EA + IS VIP BTC EA + IS BIS EA (Source Code MQ4)

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Would a DIRECT MESSAGE have been better for these questions?

yes

 

[Philbot44]

I have been looking at the TG channel of this Ukranian guy who sells all these EA's (Invest Sniper). My initial concerns are that If his EA's are so good why does he have so many of them?

Now I have also looked at the more recent one that is trading BTCUSD on the 1M and from what he has posted I can see he started an account with $1000 of the 7th Feb and by the 24th Feb it had reached $5108 which as he stated is a 400% profit.

He then stops posting in the channel for a while until his next post on the 23rd March shows him starting a new account using $500 that with a profit of $641 (128%) in 10 days.

So why not continue to show the previous account with 400% profit and start a new one and then only show this for 10 days only as his next post after the 10 day results on the 23rd of March was made today on 24th April.

This trend looks the same for many of his other EA's that he has posted on MyFxbook where they only seem to be for 1 or 2 months of trading.

Could it be that all his accounts get blown and he relies on gettign licky when he starts a new account and is able to double it in such a short period of time allowing you to at least take out your initial capital and then ride the rest taking daily profit or until such time you lose your bottle and close the account OR the account is blown?

Does anyone else have a view on my thoughts?

Phil

 

[NikkiP]

I have been looking at the TG channel of this Ukranian guy who sells all these EA's (Invest Sniper). My initial concerns are that If his EA's are so good why does he have so many of them?

Now I have also looked at the more recent one that is trading BTCUSD on the 1M and from what he has posted I can see he started an account with $1000 of the 7th Feb and by the 24th Feb it had reached $5108 which as he stated is a 400% profit.

He then stops posting in the channel for a while until his next post on the 23rd March shows him starting a new account using $500 that with a profit of $641 (128%) in 10 days.

So why not continue to show the previous account with 400% profit and start a new one and then only show this for 10 days only as his next post after the 10 day results on the 23rd of March was made today on 24th April.

This trend looks the same for many of his other EA's that he has posted on MyFxbook where they only seem to be for 1 or 2 months of trading.

Could it be that all his accounts get blown and he relies on gettign licky when he starts a new account and is able to double it in such a short period of time allowing you to at least take out your initial capital and then ride the rest taking daily profit or until such time you lose your bottle and close the account OR the account is blown?

Does anyone else have a view on my thoughts?

Phil

Kind of yes and no, these EAs can make very quick profits, but the key is really how often you bank those profits. For example, with the XAU EA, here’s what I made this week:




I started with £1k capital. The goal here is to find the sweet spot with these EAs and lock in as much profit as possible before they eventually blow. These aren’t your typical stable, long-term EAs, though to be fair, even many of those end up blowing over time anyway. I use these as part of my high-risk, high-reward investment strategy. A good winning streak can easily get you that 400% return, but it does take time spent testing, fine-tuning the settings, and figuring out what works best. Keep in mind, things like broker spreads and other factors also play a role.