The Lazy Forex Trader's Way to Riches

I am sure you must have read the subject somewhere .. and was told, its not possible.

now here is 1 scenario, I need your comment.............

A friend of mine, who introduce me to this business, has a system, which he use since several month ago.. he never had a loss using it... since he just carry any losing trade like forever or 1000 pip whichever come first.. both of which never came yet...

here is the system for trading GBP/JPY

Buy every 100 pip.. TP 100-200pip...... SL1000
if 1 position achieve its TP put another buy limit for that price again & repeat.
max open position 10 in any given time.

only using micro lot i.e 10cent/pip with 1000$ account, which theorycally can stand 1500 pip dive without ever doing any retracement for other position to achieve its TP.

This system only work with marketmaker or any place that allow closing individual position in same currency pair without averaging.
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Will this system work in long term..?
I am sure some people has use it before.. please tell me your experience.

at first i dont like this strategy as it has no adventure in the trade ..
But since i trade, all my loss would have been profit if i just kept it for a few more days. so i am reconsidering this strategy.....

another reason is another person that learn forex from my friend & start trading the same week as i am, now already double his account using this system........ while I lose some good % from my account.....

Can anyone do a script to backtest this system, how many time it would have failed to achieve TP and actually achieve the 1000 SL?

Flame is welcomed !
Comment is appreciated !
Advice is Thanked.

God Bless
Syafi