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statarb pro 251.000 discussion
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stevewalker

Členom od Jun 06, 2012  1360 príspevkov stevewalker (stevewalker) Aug 30 2012 at 10:22
so I can create as much as live account as I can here at MFB from demo account in real withhout verification!!!

Staff posted:
stevewalker posted:

 can you please explain how did he manage to publish a DEMO account as LIVE with 'other(MT4)' broker selection.



If you publish an account using the publisher or the EA, the account isn't verified. At this stage the account's demo/real status can be manually changed in the settings. Once the account is verified, this field is locked (with the type we recognize during verification).

Trade the Trend, Defend to Price!
Staff

Členom od Jul 31, 2009  1126 príspevkov Ethan (Staff) Aug 30 2012 at 10:29
stevewalker posted:
so I can create as much as live account as I can here at MFB from demo account in real withhout verification!!!


Yes. That is the point of verification. Non verified accounts are exactly that - not verified.

Data coming from the publisher/EA is coming from the user's side which can be manipulated. The only way to authenticate the data is to verify it. You can read more about the verification process here: http://www.myfxbook.com/help#help_34

Got a question? Need help? Send me a message!
stevewalker

Členom od Jun 06, 2012  1360 príspevkov stevewalker (stevewalker) Aug 30 2012 at 10:35
as I chedked default is not LIVE.
Default is 'Please Select'

So gentelmen has selected 'LIVE' in purpose.
& Automated instead of Manual

I guess those are enough to call a system as scam.

especially the the decription enetered at the original DEMO account.

walker

Trade the Trend, Defend to Price!
James_Bond

Členom od Jan 14, 2010  554 príspevkov James_Bond Aug 30 2012 at 11:03
stevewalker posted:
as I chedked default is not LIVE.
Default is 'Please Select'

So gentelmen has selected 'LIVE' in purpose.
& Automated instead of Manual

I guess those are enough to call a system as scam.

especially the the decription enetered at the original DEMO account.

walker


I checked it also and it's definitely not the default option, however I don't think it proves anything. As your images show, the trader has told in the description it's a demo account - why would he do that if he was trying to scam someone? That doesn't make any sense.

In any case, I agree with Chikot that we should concentrate on trading.

stevewalker

Členom od Jun 06, 2012  1360 príspevkov stevewalker (stevewalker) Aug 30 2012 at 11:14
'As your images show, the trader has told in the description it's a demo account - why would he do that if he was trying to scam someone? That doesn't make any sense.'

did you know that original account before I show it?

I am actually trading

good luck!

walker


James_Bond posted:
stevewalker posted:
as I chedked default is not LIVE.
Default is 'Please Select'

So gentelmen has selected 'LIVE' in purpose.
& Automated instead of Manual

I guess those are enough to call a system as scam.

especially the the decription enetered at the original DEMO account.

walker


I checked it also and it's definitely not the default option, however I don't think it proves anything. As your images show, the trader has told in the description it's a demo account - why would he do that if he was trying to scam someone? That doesn't make any sense.

In any case, I agree with Chikot that we should concentrate on trading.

Trade the Trend, Defend to Price!
stevewalker

Členom od Jun 06, 2012  1360 príspevkov stevewalker (stevewalker) Aug 30 2012 at 11:15
Lets go back to trading

I know what I should know


Chikot posted:
LOL, man, you got your wish wink

Trade the Trend, Defend to Price!
Chikot

Členom od Jan 14, 2010  2186 príspevkov Chikot Aug 30 2012 at 11:41
Now he is a gentleman eek Steve, you have promoted him lol


stevewalker posted:
as I chedked default is not LIVE.
Default is 'Please Select'

So gentelmen has selected 'LIVE' in purpose.
& Automated instead of Manual

I guess those are enough to call a system as scam.

especially the the decription enetered at the original DEMO account.

walker

stevewalker

Členom od Jun 06, 2012  1360 príspevkov stevewalker (stevewalker) Aug 31 2012 at 11:27
I am soon publishing my own EA against 'statarb pro'.

my EA will be also working on statistical arbitrage. ( arbitrage is my top trading style even if I had no suceed yet lol )

the difference will be

I will be working on very low TF rather then Daily charts. with daily charts when trading stat arb it has low poss of loss in lonq term.
yes you read correct low poss of LOSS. ( ofcourse with balanced lot sizes wink ) the big challence is the %DD.

I will publish it with LIVE looking DEMO account ( not verified )

walker

Trade the Trend, Defend to Price!
stevewalker

Členom od Jun 06, 2012  1360 príspevkov stevewalker (stevewalker) Aug 31 2012 at 11:35
main problem at start up is the data feed history.
if history is broken EA will fail.

Trade the Trend, Defend to Price!
stevewalker

Členom od Jun 06, 2012  1360 príspevkov stevewalker (stevewalker) Sep 05 2012 at 14:26
it is most possible there are 2 different EA s working at the link account


http://www.myfxbook.com/members/statarbpro/statarb-pro-250000-usd/325162

Trade the Trend, Defend to Price!
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