Arbitron Sprout (by leapfx) Quick Stats
Gain: +1159.09%
Drawdown: 4.77%
Pips: 1361.6
Trades: 737
Won:
Lost:
Type: Real
Leverage: 1:1000
Trading: Automated

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Arbitron Sprout Discussion
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Afron

Member Since Aug 09, 2019  87 posts Afron Oct 24 2019 at 12:06
pipscalper71 posted:
 This account is way out of control, profit went from +$75k down to -$10k which is a loss of -$85k for one day of trading, which also
 went the draw down way up to 48%.

 When you take a look at the Huge lot sizes its no wonder it lost a huge amount of money. It would be nice to see this Arbitrage EA run with a reputable broker like IC Markets or Pepperstone or Tickmill, with proper MM and lot sizes and see what it can really do.

 This FBS broker with 1:1000 leverage is a pure market maker and bucket shop, which is not the best broker to be testing on.


All his FBS account are only cent accounts. It is not risk. If the broker notices that he is using a disabled arbitrage, his account will be blocked.
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leapfx

Member Since May 22, 2018  50 posts leapfx Oct 24 2019 at 20:25
Sorry that's not true. 1. They are not all cent accounts. 2. These accounts aren't all ours. We have customers who we've posted their accounts as well.

pipscalper71

Member Since Jan 14, 2018  103 posts pipscalper71 Oct 25 2019 at 15:15
Here is the link for there Arbitron account at Forex Peace army, scroll down and you will see a draw down of 118%. This is what happens when you use a broker like FBS, and you over leverage each trade at 1:1000 which this FBS broker offers.

He keeps showing many different accounts all with FBS, but until I see a live forward test with a real or decent broker, its not worth the effort to buy this EA.

https://www.forexpeacearmy.com/forex-strategies/1600/arbitron-leapfx-ea-performance-test/statement

leapfx

Member Since May 22, 2018  50 posts leapfx Oct 29 2019 at 00:53
There's that's not true. You need to learn more about how the DD is calculated on that page. If it was 118% drawdown , it have killed the account. It was 48% DD, NOT 118%. And second, that's a HIGH RISK account.

MicF

Member Since Nov 26, 2016  94 posts MicF Feb 29 at 15:51
Why did all the accounts stopped in (mostly Nov) 2019?
Why are they running only for a short period?

leapfx

Member Since May 22, 2018  50 posts leapfx Mar 01 at 17:38
Not all our accounts stopped. We start news, clients start new ones, etc. When profits are very high we tend to switch accounts on same broker, or test another broker, just to avoid any broker slow downs of trade execution. It's not necessary when aiming for a little lower returns.

leapfx

Member Since May 22, 2018  50 posts leapfx Jun 30 at 04:45
Just to clarify - we have no association with this Afron person. He is just someone commenting on our system and apparently is not an ethical person.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.