This can't possibly work, right?

Found a blog, reading the posts on how they trade. "When a new daily candle is drawn, the TP is the midpoint between the open and close of the previous candle. SL is 2:1 (yes, negative R:R)." But the image shown actually does check out. He's def winning a lot of the time, some look like "false wins" as it's possible SL got hit before TP but, like, wtf. It actually seems to check out.

https://preview.redd.it/1cbal579zjzd1.png?729&format=png&auto=webp&s=5c5ea4a3947e8c6fc20b174010189d99505bb291

"All trades, in profit or not, are closed at the end of the day. Every new day is a new trade. And make sure that each day is the same dollar value. Ex: TP should always be $50 and SL always $100. Adjust your lot sizes accordingly. Don't be like "but today it's 20 pips to TP, yesterday it was 10 pips to TP, so I'm going to change it up" Nope. Don't do it. That's going to change your odds. You don't want to be risking $100 today and $500 tomorrow. Then if you win today and lose tomorrow, you're hosed."

It all makes sense, can't possibly work tho, right?

Post link: What's my mean reversion strategy?

Also has a swing strategy listed. "Is price going up? Awesome. Is it going up faster today than it was yesterday? Cool, let's go long until that stops. It's just basic momentum.

You can trade like this on a shorter time frame too, say EUR/USD is ranging between -2 and +2 pips a minute, next minute you notice it's +2 pips a minute, next it's +3, next +4. Well, it's time to go long, and just stay in it until the momentum slows back down. Price is like tossing a ball in the air, at some point the momentum slows down before the ball comes back down. It's pretty rare for price to instantly reverse."

Post link: What's my swing trading strategy?

But it all seems too damn simple, again it checks out, but wth.