Arbatov System Discussion

stephanusR posted:
    

stevetrade posted:
    Stephanus, you really need to read the whole thread.

His broker is InstaForex. People have already used his services and successfully withdrawn from the PAMM account.

If the perception starts that the brokers themselves are now gaming myfxbook.com then the purpose of this site becomes pointless.

FXCM for example are fabricating 800% winners each moth for their king of the microlot contest, not a single of these 'winners' have posted on any forex forum anywhere, it generates the illusion that somebody is making money. Virtually nobody is making money on forex over a 5year period, only a few people.

'If the perception starts that the brokers themselves are now gaming myfxbook.com then the purpose of this site becomes pointless. '

But there are genuine traders here as well... and there is another way then check their results (like checking their live account some other way). So this site can be a starding point. I have already got couple of people asking about my trading (wanting to invest perhaps). I can then prove my results other ways also if needed...

'Virtually nobody is making money on forex over a 5year period, only a few people.'

There are many people making good money on Forex. Yes, they are minority, but many are making money. Me included (well , only since 2008 ).

Guys, I have been making a nice little sum of money from forex for the past 3 years, I have the proof on here and I am willing to prove it in otherways if requested. The amazing thing is I work 8-6 every week day and still manage to pull a profit.

My system is a bit lazy and I only catch a few of the winning moves, but I also miss a few of the losing moves so it is ok.

All I do is check the 4h candle close when I can, and place trades when I can.

I dont have to think much and I dont spend more then 5 mins staring at my screen,Because I trade 4h my stops are big but so is my TP I currently use SL 100 and TP150.

Forex doesnt have to be difficult, it can be made easy and stress free, you just need to expect a lot of ups and downs, as long as you are making more money at the end of the month then you started with then its all good.

jpkfox posted:
    

stephanusR posted:
    

stevetrade posted:
    Stephanus, you really need to read the whole thread.

His broker is InstaForex. People have already used his services and successfully withdrawn from the PAMM account.

If the perception starts that the brokers themselves are now gaming myfxbook.com then the purpose of this site becomes pointless.

FXCM for example are fabricating 800% winners each moth for their king of the microlot contest, not a single of these 'winners' have posted on any forex forum anywhere, it generates the illusion that somebody is making money. Virtually nobody is making money on forex over a 5year period, only a few people.

'If the perception starts that the brokers themselves are now gaming myfxbook.com then the purpose of this site becomes pointless. '

But there are genuine traders here as well... and there is another way then check their results (like checking their live account some other way). So this site can be a starding point. I have already got couple of people asking about my trading (wanting to invest perhaps). I can then prove my results other ways also if needed...

'Virtually nobody is making money on forex over a 5year period, only a few people.'

There are many people making good money on Forex. Yes, they are minority, but many are making money. Me included (well , only since 2008 ).

It all depends on your broker. Oanda won't fabricate results they don't even advertise. Ducascopy , MBtrading and PFGbest should be legit. But not instaforex, bananaforex.
Instaforex is not a legit broker but a bucketshop fabricating results. FXDD fabricated a contest, FXCM another one. They are market makers nothing can proven or disproven , no audit trail nothing.

@ Stephanus - 'Instaforex is not a legit broker but a bucketshop fabricating results.'

I'd like to know, why do you think that way. Do you have personal experience with them or do you know anyone personally?

stuck posted:
    Guys, I have been making a nice little sum of money from forex for the past 3 years, I have the proof on here and I am willing to prove it in otherways if requested. The amazing thing is I work 8-6 every week day and still manage to pull a profit.

My system is a bit lazy and I only catch a few of the winning moves, but I also miss a few of the losing moves so it is ok.

All I do is check the 4h candle close when I can, and place trades when I can.

I dont have to think much and I dont spend more then 5 mins staring at my screen,Because I trade 4h my stops are big but so is my TP I currently use SL 100 and TP150.

Forex doesnt have to be difficult, it can be made easy and stress free, you just need to expect a lot of ups and downs, as long as you are making more money at the end of the month then you started with then its all good.

Indeed you could have made money lets say on broker statement 1 out of 100 from bananaforex, instaforex and cloud-coo-coo land forex. If you really can trade then show us your stocktwits.com ,mbtrading or pFfgbest Futures real-time trades , it can't be removed and one can't open up 200 aliases as easily with a market making bucketshop fabricating their own trading statements.

stephanusR posted:
    

jpkfox posted:
   
It all depends on your broker. Oanda won't fabricate results they don't even advertise. Ducascopy , MBtrading and PFGbest should be legit. But not instaforex, bananaforex.
Instaforex is not a legit broker but a bucketshop fabricating results. FXDD fabricated a contest, FXCM another one. They are market makers nothing can proven or disproven , no audit trail nothing.

Oh, ok, you were speaking about broker problems. Yes, I have heard about those and thats why I am very cautious with whom broker I use. I have had no problems with Oanda but find it difficult to trust in many brokers.
</quote>

stephanusR posted:
    

stuck posted:
 

Indeed you could have made money lets say on broker statement 1 out of 100 from bananaforex, instaforex and cloud-coo-coo land forex. If you really can trade then show us your stocktwits.com ,mbtrading or pFfgbest Futures real-time trades , it can't be removed and one can't open up 200 aliases as easily with a market making bucketshop fabricating their own trading statements.

</quote>

Yes, exatcly. Its much stronger evidence to trade with certain trustworthy brokers than with some unknow and where you can open many accounts. Like with Oanda you can have one account created with maximum 9 subaccount. Its much more difficult to fake the results that way.

stevetrade posted:
    Stephanus, those are some accusations.
If you can back them up with any proof I would be interested to see it.

Look up Popper and Falsification on Wikipedia and Google. I don't have to prove or disprove anything. If somebody claims he can fly like Harry Potter and only give me a video of him flying it won't be evidence. He needs to show us in person. It is upto FXDD , FXCM and Instaforex to prove their claims. Nothing can be proven or disproven since they control their servers, no audit by NFA, no exchange fees just they says so which doesn't make it so. https://www.fxddcontests.com/f1/en/leaderboard has another trading contest with the winner coming in at nr.1 with $93000. Why would anybody deposit $90000 with a bucketshop? One would only place that with a futures broker or ECN with banking license like Dukascopy.

So I claim that these brokers are fabricating results. They say they aren't , they must prove it. Since they made the claim it is up to them to come up with the evidence. If a person claims to have a flying dragon in his house, but I can't enter his house to find out , it then isn't for me to disprove anything. Nobody can enter the servers of banana forex and FXCM so who knows?

stephanusR posted:
    

stuck posted:
    Guys, I have been making a nice little sum of money from forex for the past 3 years, I have the proof on here and I am willing to prove it in otherways if requested. The amazing thing is I work 8-6 every week day and still manage to pull a profit.

My system is a bit lazy and I only catch a few of the winning moves, but I also miss a few of the losing moves so it is ok.

All I do is check the 4h candle close when I can, and place trades when I can.

I dont have to think much and I dont spend more then 5 mins staring at my screen,Because I trade 4h my stops are big but so is my TP I currently use SL 100 and TP150.

Forex doesnt have to be difficult, it can be made easy and stress free, you just need to expect a lot of ups and downs, as long as you are making more money at the end of the month then you started with then its all good.

Indeed you could have made money lets say on broker statement 1 out of 100 from bananaforex, instaforex and cloud-coo-coo land forex. If you really can trade then show us your stocktwits.com ,mbtrading or pFfgbest Futures real-time trades , it can't be removed and one can't open up 200 aliases as easily with a market making bucketshop fabricating their own trading statements.

Very good observation. I flagged an account for this very reason claiming 1000% gain. It was one of his subaccounts he uploaded. The onus is on myfxbook.com then to make certain a person isn't uploading 100 Oanda sub accounts. Oanda also needs to spell this out or people could make false representations of their trading ability.

As a rule anything claiming over 200% gain is fraud. Look for the following:
1) $100 initial deposit. One could have 100 accounts each with $100
2) Brokers like Instaforex, banana forex and cloud-coo-coo land forex based in Russia or backwardsGhanistan.
3) Careful with Oanda, they allow hundreds of sub accounts. The money in this account must be at least $1000.
4) Does he have a stocktwits.com account? it is very difficult to game stocktwits.com
5) Uses EA, automated trading doesn't work.

aladar posted:
    @ Stephanus - 'Instaforex is not a legit broker but a bucketshop fabricating results.'

I'd like to know, why do you think that way. Do you have personal experience with them or do you know anyone personally?

If somebody claims to have a flock of flying dragons in his home, it isn't for me to disprove he doesn't have them. The person making the claim must provide a way for such claim to be falsified.

stephanusR posted:
    

stephanusR posted:
    

stuck posted:
    Guys, I have been making a nice little sum of money from forex for the past 3 years, I have the proof on here and I am willing to prove it in otherways if requested. The amazing thing is I work 8-6 every week day and still manage to pull a profit.



As a rule anything claiming over 200% gain is fraud. Look for the following:
1) $100 initial deposit. One could have 100 accounts each with $100
2) Brokers like Instaforex, banana forex and cloud-coo-coo land forex based in Russia or backwardsGhanistan.
3) Careful with Oanda, they allow hundreds of sub accounts. The money in this account must be at least $1000.
4) Does he have a stocktwits.com account? it is very difficult to game stocktwits.com
5) Uses EA, automated trading doesn't work.

I think you have good ideas, but some small corrections imo:
1) I think its possible to get 200% yearly gain
3) I heard that on Oanda you can have only like max 10 subaccount...donno if this is true. Anybody knows?
5) There are systems which can be automated and they have been working. So I would disagree here.

stephanusR posted:
    

aladar posted:
    @ Stephanus - 'Instaforex is not a legit broker but a bucketshop fabricating results.'

I'd like to know, why do you think that way. Do you have personal experience with them or do you know anyone personally?

If somebody claims to have a flock of flying dragons in his home, it isn't for me to disprove he doesn't have them. The person making the claim must provide a way for such claim to be falsified.

But arent you the one who is claiming something here, namely:
'Instaforex is not a legit broker but a bucketshop fabricating results.'

You are making a claim there, isnt it? So you have to prove that this claim is true.

I am not saying you are not correct, but just about the proving issue...

Last months, Dukascopy Contest winner peaked at 1200% in one month and lost 800% before winning the JUNE 2010 Contest with 400% monthly return. Proof: https://www.dukascopy.com/swiss/english/forex/traders_contest/winnerJune/
Now for the previous months, the winners are between 80-140% a MONTH.. Making large gains are possible and consistent large gains are possible too.
The comments about shady brokers/hacked versions, contests hoax, etc ARE in fact possible manipulation... They are only hallucinations to motivate idiots to compete and shoot for the stars. Very few traders make a profit, we all know this. and If you hide your broker, You have something to hide.
 Whether Arbatov is working with Instaforex, or fabricating results, its possible and I do see the motivation behind it, but honestly, his trading activity is Quite REAL. Those daily pip gains are real, How do I know? I tracked his trades, and mirrored them, (not 100%, but for the most part- It's only a 5min delay on Swing trades, which is enough to determine his direction) ...now he does not update his account 24/7....
So in the end, Huge gains do exist for 0.001% of all the traders. At this community, We obviously have a few traders that can turn a profit and this community is the only community where we can display transparency of our activity.
Last year about this same time, I made almost 1000% in 3 months scalping on FXCM UK micro account- results are on my 'About Us' on my website-- so far Arbatov has displayed 6000% in a few months with compounding, I think its not a hallucination but Very real.
Why is he not trading with Dukascopy and winning their contests.. I do not know, it could be his next goal, once he pulls his funds out from ' whatever broker he is using'. So accusations are not needed.. just sit back and watch this guy compound.

pipinvestment1 posted:
  so far Arbatov has displayed 6000% in a few months with compounding, I think its not a hallucination but Very real.

6000% was his peak. The problem is that he got -38% drawdown in a very short time. Thats not very good trading without knowing more about his system. Also the loser was very big... so the other problem is , that what if he now gets many such losses in a row??? these are important questions... so I dont know if we can yet rejoice about the 6000% peak....

What is he now get -100% profit next? Would you still say that this +6000% was good trading? I think its about long term results which matters.

But again, he could be a good trader, I am not saying he is bad... but I cannot say anything according to couple of months data yet.

Keep on watching then. I agree with Will that Arbatov's trades are real. Just keep on monitoring ....

pipinvestment1 posted:
    Last months, Dukascopy Contest winner peaked at 1200% in one month and lost 800% before winning the JUNE 2010 Contest with 400% monthly return. Proof: https://www.dukascopy.com/swiss/english/forex/traders_contest/winnerJune/
Now for the previous months, the winners are between 80-140% a MONTH.. Making large gains are possible and consistent large gains are possible too.

https://www.dukascopy.com/swiss/english/forex/traders_contest/winnerJune/ is for real. As I posted I will trust a statement from mbtrading, pfgbest(hosts the World Cup trading contest) and Dukascopy. Dukascopy is showing the person who won. Thanks for your informative post. I did not know that Dukascopy hosted a contest.

stephanusR posted:
    

pipinvestment1 posted:
    Last months, Dukascopy Contest winner peaked at 1200% in one month and lost 800% before winning the JUNE 2010 Contest with 400% monthly return. Proof: https://www.dukascopy.com/swiss/english/forex/traders_contest/winnerJune/
Now for the previous months, the winners are between 80-140% a MONTH.. Making large gains are possible and consistent large gains are possible too.

https://www.dukascopy.com/swiss/english/forex/traders_contest/winnerJune/ is for real. As I posted I will trust a statement from mbtrading, pfgbest(hosts the World Cup trading contest) and Dukascopy. Dukascopy is showing the person who won. Thanks for your informative post. I did not know that Dukascopy hosted a contest.

No problem Stephanus. I've felt the same way as you. There are more scammers than profitable traders. The traders that lost their money (99%) often blame the brokers for many reasons, while some of the facts are in need very true, but often enough, the traders do not understand the irrational market behavior (100 pip spikes- Increased spread gaps at rollover, market opens, news etc). These traders that felt like the Broker Scammed them, often become hasty and want to earn their money back by many promotional ways- EA, mentoring, Money management, Ebooks, and any other devious venue that they can come up with.

Beyond fighting through the financial markets, we as traders, still have to deal with dishonest brokers and shady people that try to elude us from the truth. Whether they are scammers, IB's or owners of their own Bucket shop, the truth is far fetched from what we perceive. What I mean by 'Truth' is, 'honesty between one and another'. It seams that the whole Forex community are all against each other.

Yes, It has become a very competitive venue, but there are so many people in this world, that if you show some transparency and show some integrity, you will have an unlimited supply of customers. It continues to shock me that promoters fail to understand this, but they only see the smaller picture of making fast cash and not the long term agenda. This is a business, a job, a career, Not some night in Vegas.

pipinvestment1 posted:
    
Yes, It has become a very competitive venue, but there are so many people in this world, that if you show some transparency and show some integrity, you will have an unlimited supply of customers. It continues to shock me that promoters fail to understand this, but they only see the smaller picture of making fast cash and not the long term agenda. This is a business, a job, a career, Not some night in Vegas.

For the man in the FX street the problem is how to separate the wheat from the chaff... (genuine EAs, genuine forex signals, genuine results...).

But foremostly, the problem lies in ourselves, even if we are given really good trading method -- it need to be 'tailor made' for us. In FX market only one thing is sure that nothing is sure: we keep forgetting it on the quest for the Holy Grail. It is convenient to have some 'scape goat' to blame whenever something goes wrong...

pipinvestment1 posted:
    

stephanusR posted:
    

pipinvestment1 posted:
    Last months, Dukascopy Contest winner peaked at 1200% in one month and lost 800% before winning the JUNE 2010 Contest with 400% monthly return. Proof: https://www.dukascopy.com/swiss/english/forex/traders_contest/winnerJune/
Now for the previous months, the winners are between 80-140% a MONTH.. Making large gains are possible and consistent large gains are possible too.

Yes, It has become a very competitive venue, but there are so many people in this world, that if you show some transparency and show some integrity, you will have an unlimited supply of customers. It continues to shock me that promoters fail to understand this, but they only see the smaller picture of making fast cash and not the long term agenda. This is a business, a job, a career, Not some night in Vegas.

I believe it is more inline with the cultural changes the world has had and become. :) Due to us now being 'one-world', so many cultures have lost their 'culture' and now it is all dog-eat-dog as the cats are nowhere to be found. :)

I know in the US, Ethics and Honesty in general have gone out the window for a dollar. All for a BMW, a McMansion and STRESS.....

Why are we talking about this on this thread? haha...

Gil