10,000% profit in a year, trading #DOW. Sound to good to be true …?

I’ve never managed to get a 50R trade, through manual trading – the best trades have been around 30R.  Having a robot do the entries and management, certainly makes things easier, and removes the human factor in banking too early.

The ‘Bot’ as we call it on the Skype group, is still not finished and doesn’t look like it will be before 2025 – I am just getting too many things to code and test, as each week passes. It’s seemingly never ending and one of the reasons that I’ve been slack with my blog posts and everything else is life.  The trades that the Bot is designed to trade can all be done manually (obviously) using eWavesHarmonics, ABC123 and ATM – I’m trying to make this as close to my own trading as possible although the Bot is more setup-driven, whereas my manual trading is more HTF-target-driven.
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At time of writing, with 1% risk per trade, the EA is generating over 10,000% profit on a GB £10k a/c in 14 months of back testing; 12,337% profit on a US $10k a/c (the difference is due to the 100-lot size maximum value limit).

Live trading results are very close to the back testing results but due to the number of variables, for all the different market conditions, we’ve yet to realise the true potential in live; I’m quietly confident that we will eventually. The general idea, with the automation, is that Fibonacci-based price patterns repeat themselves -even if they don’t always deliver the same results – so, given enough time, we should see everything repeat at least once.  Indeed, we have already seen numerous occurrences of some setups.

To give you an idea of how the Bot trades, and hopefully some ideas for your own trading, I’ve taken the top 5 trades with over 25% profit (@1% risk per trade) and uploaded them to the Trader Training Course (still free for eWH and ATM licence holders). I’ve explained the logic for entry and exit – all quite basic stuff really, but it’s the simple things that we often overlook as traders. I hope it helps with your trading.

Does more than 10,000% profit in a year sound to good to be true?   Well, you know what they say, but it’s 100% possible in theory and according to the past year of back testing.  I'd love to see another 50R+ this December - I'll let you know if we do.