You're right, there is a bit of YOLOing involved. Especially that trade that ended in deep drawdown for months. He was obviously trying to ride the RSI wave up and down and took a great risk by placing trades against the trend, which was a long and strong trend (rare for that pair) and he got caught out.
If anybody here uses cTrader and is interested in cTrader copy, I've devised a fork from his strategy that only places 2 trades per night and once the profit is taken, thats it, no more chasing the dragon. I only trade in the direction of the overall trend as well.
https://ct.icmarkets.com/copy/strategy/37479
Will consider porting it to an MT4 account as well if there is any genuine interest in following the signal
If anybody here uses cTrader and is interested in cTrader copy, I've devised a fork from his strategy that only places 2 trades per night and once the profit is taken, thats it, no more chasing the dragon. I only trade in the direction of the overall trend as well.
https://ct.icmarkets.com/copy/strategy/37479
Will consider porting it to an MT4 account as well if there is any genuine interest in following the signal
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