There's a huge difference between testing a strategy and implementing it in real life. I suspect that if the price reaches a certain pip, it counts as a sale. In real life, the price could reach that but no sale might not occur. This happens a lot ...
Risk tolerance? This is outright gambling. You might as well take your entire life savings and buy lottery tickets. The odds of getting 9 wins and 0 loses is 1 out of 19861. (my first calculation in the above post used 0.33 instead of 0.333.)
How can you determine whether or not it's really a long term trend you're looking at or if it's going to end soon? I don't think that can be done with price action alone. If you look at the picture, it's actually $100 going up or down a dollar based ...