Ryan Personal Powerhouse (low risk) (By lilredry )
| Gain : | -20.61% |
| Drawdown | 23.09% |
| pips: | 959.0 |
| Trades | 935 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:100 |
| Trading: | Automated |
Ryan Personal Powerhouse (low risk) Discussion
TL;DR: Steer clear!
I lost thousands using this EA. After looking closely to the orders history, the trading logic became obvious: quick, tiny wins are taken immediately and losing positions are left to run for hours or days in the hope that price wanders back. That isn't robust risk management - it's deferred loss!
Position sizing and order placement show classic Martingale/Grid behavior. Martingale escalates lot size after losses to "win it back", which drives risk up exponentially and ends in a single catastrophic hit. Grid layers orders against an adverse move to average down, which looks smooth in a range but creates unbounded drawdown the moment a trend persists. The equity line rises on closed winners while the true risk sits offscreen as a growing, floating loss.
This design relies on mean reversion and cheap carry. When the market trends without relief, financing costs build, usable margin shrinks, and the compounding position size turns a normal move into a terminal event. That's why the history shows months of modest gains followed by the occasional account-crushing month.
These aren't robust strategies. I learned this at real cost.
My advice: steer clear!
Bobrian posted:TL;DR: Steer clear!
I lost thousands using this EA. After looking closely to the orders history, the trading logic became obvious: quick, tiny wins are taken immediately and losing positions are left to run for hours or days in the hope that price wanders back. That isn't robust risk management - it's deferred loss!
Position sizing and order placement show classic Martingale/Grid behavior. Martingale escalates lot size after losses to "win it back", which drives risk up exponentially and ends in a single catastrophic hit. Grid layers orders against an adverse move to average down, which looks smooth in a range but creates unbounded drawdown the moment a trend persists. The equity line rises on closed winners while the true risk sits offscreen as a growing, floating loss.
This design relies on mean reversion and cheap carry. When the market trends without relief, financing costs build, usable margin shrinks, and the compounding position size turns a normal move into a terminal event. That's why the history shows months of modest gains followed by the occasional account-crushing month.
These aren't robust strategies. I learned this at real cost.
My advice: steer clear!
This person also left this same comment on the Responsible Forex Trading TrustPilot review page. This comment there was removed by truspilot because it was labeled as "Not a genuine experience". I believe this message was posted by one of the owners over at Techberry.online. I created an investigation video about Techberry and they have been attacking me and my business in response.
Here is the video I posted about them...
Dear Ryan,
I understand you as a trader and developer of trading systems. I've been in similar situations many times myself. For over 10 years, I've been creating and trading automated systems, trading on all markets, and in the end, I can conclude that grid bots and grid trading are the only direction that can bring stable income. Yes, there is a risk of quick and complete liquidation, but the risk of liquidation also exists when trading, for example, on breakouts or rebounds using stops and takes as in textbooks. That would be a slow liquidation. Simply, such "non-grid" trading will show outstanding results only in the market phase that is favorable to it and will drain day after day in an unfavorable phase.
As for grid traders, the scariest thing that can happen to us is getting caught in a phase of local trend change—that's exactly where grid traders drain their deposits. All other times, markets move in a sine wave, just as we need. At the end of July, there was precisely a trend breakdown phase, and you got caught in it. I've gotten into such phases much more often. Trend breakdown phases happen rarely, when the price moves without pullbacks for several days. In such phases, trend-following and breakout tactics make money; however, then, when the market stabilizes, they all start draining again, while grid traders continue to earn dollar by dollar.
Given the viability of your systems, I shake your hand with respect and believe that everything will stabilize for you.
Don't pay attention to any angry comments from haters, as they have no idea about the essence of grid trading and suddenly decided that for 500 dollars they would suddenly become millionaires.
The main thing is don't give up and continue on your path.
With respect, Igor
