IQ Robot – IQ Option bot chrome extension

Ok guys, I've done my homework with this bot. Been testing it for 3 months now. I understood the logic that you need a large capital and a small regular investment. I did my excel table with all the formulas to log every move of the bot, with the wins and losses and percentages and times, everything. I realized that with a capital of 12k dollars and an investment of 1 dollar every minute, you are able to sustain up to 12 loses in a row, at an average of 86% profit. By the 13th loss in a row, your capital gets wiped out. I started in January 1st, 2023 with a 10k dollars demo account, using the OPTIMAL strategy available with the bot, with 1 dollar investment every minute. By February 1st, my demo account had a balance of 25k dollars already... I was very excited. The max number of losses in a row was 11 up to that point. Unfortunately, during February, the losses in a row got to 13 consecutive losses… and that happened 3 times during the month. That was a downer, nevertheless, tracking the rate of wins and losses in my excel, I realize that we have way too many losses for a strategy that is supposed to be making BUY/SELL decisions based on a technical indicator (RSI for example). If the strategy is any good, the rate of wins over losses should be at least 51% wins over losses... but in many, if not most cases, we have more losses than wins total during the day. We know the robot is built to compensate the losses with every next win, so as long as we have some wins every so often, we end up with profit at the end of the run... as long as there are no more than 12 consecutive losses. BUT... if the technical analysis would be good (RSI) at least the number of wins should be greater than the number of losses... though that is not the case the majority of the time. So, the technical analysis should be improved within the robot. The other downer... is that this month of March, when my demo account balance was over 60k dollars already (I'm keeping with the testing) we got to 13 consecutive losses again during March 7th... but the worst of all, is that on March 8th (yesterday) we got a streak of 16 consecutive losses in a row... and I lost everything. UNCONCEIVABLE!!!! And the only way to be able to survive 16 consecutive losses is with a capital of over 250k dollars. So... lesson learned... this robot is a risky, very risky thing... because you are bound to lose all your capital at some point, with a streak of many consecutive losses that is bound to happen sooner or later. So... the conclusion is that this BOT is not viable to consistently grow your capital. The possible solution would be to incorporate within the BOT´s coding, a better technical analysis tool that wins more times than looses, because the RSI incorporated (or whatever combination there is) is not giving a good performance. I have all the numbers recorded to back it up upon request.

TESTED AND CONFIRMED Hello, Dear new users. This robot is very useful and profitable when you have brains to use. Its all automatic but if you leave it full automatic you will lose your all capitals all at once. Please don't leave it all automatic. You should test it more than a month before you use it. You will eventually knows how it works. Then you will be found what tactics will be profitable what tactics will fail. I found my tactics in 5 weeks of demo testing and i am trading real in almost half year and its profitable since. Please find your own tactics and use your brain. Its simple and easy to use. I hope you can do it. Don't hesitate to trust this robot because if you win IQ ROBOT team earn more. So they want to help you to win more. Not lose.

Lost all my capital :'( Glad It wasn't too much but it is still a big hit for me as I'm in a third world country