The Lazy Forex Trader's Way to Riches - MT4/MT5 Resources

I'm sure you must have read about this topic somewhere.. and been told that this is not possible.

Now this is 1 scene and I need your comments......

I was introduced to this business by a friend of mine who has a system that he has been using since a few months ago..he has never suffered a loss using this system...because he just makes any losing trades like forever or 1000 pips whichever comes first..both have not come up yet...

This is the GBP/JPY trading system

Buy every 100 points.. TP 100-200pip... SL1000
If 1 position reaches its target price, then again set another buy limit at that price and repeat.
The maximum open position at any given time is 10.

An account using only micro lot sizes, i.e. 10 cents per pip and $1000, could theoretically withstand a 1500 pip plunge without any retracements on other positions to achieve their price targets.

This system only works with market makers or anywhere that allows closing individual positions on the same currency pair without averaging.
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Will this system work in the long term?
I'm sure some people have used it before..please tell me your experience.

At first I didn't like this strategy because it took no risk in trading..
But since I trade, if I keep it for a few more days, all my losses will be profits. So I'm rethinking this strategy...

Another reason is that another guy learned Forex from a friend of mine and started trading the same week as me and has now doubled his account using this system...while I lost some nice % on my account...

Can anyone write a script to backtest this system, how many times does it fail to reach TP and actually reach 1000 SL?

Welcome to the flame!
Comments are appreciated!
Thanks for the suggestion.

God bless Xia Fei