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:
View attachment 3209
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.