BrokerArbitrage.com (by brokerarbitrage) Quick Stats
Gain: +439236.49%
Drawdown: 41.53%
Pips: 1252.3
Trades: 669
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Unknown

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BrokerArbitrage.com Discussion
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stevetrade

Member Since Oct 28, 2009  1408 posts Steve B (stevetrade) Jun 04 2014 at 08:18 (edited Jun 04 2014 at 08:18 )
Why broker arbitrage fails.

1) The broker identifies that you have profited from latency price feed and their compliance department shuts down the account and keeps your profits as stated in most legitimate brokers terms and conditions.

2) Who the *&% are Deutsche Trading?

3) Why no trading privilege verification?

Best regards Steve

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
stevetrade

Member Since Oct 28, 2009  1408 posts Steve B (stevetrade) Jun 04 2014 at 08:35
Oh did I mention that you also need super high speed connections and servers in order to exploit arbitrage?

Wouldn't really work on a pc or even a standard VPS.

Sorry, forgot to mention that!

Best regards Steve

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
stevetrade

Member Since Oct 28, 2009  1408 posts Steve B (stevetrade) Jun 04 2014 at 09:47 (edited Jun 04 2014 at 09:48 )
Just thought I'd try a Google search ( thank you Catfish ).

Mark Reid also seems to work at

https://fibresortinginc.ph/activities ( Takes a while to find him on here. Kind of like a fun 'Where's Wally?' )

https://axiomservice.com/about/

and

https://www.hiteshi.com/overview/

Amongst others.

So, in other words a stock photo.

Best regards Steve

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
willgart

Member Since Aug 20, 2011  588 posts willgart Jun 04 2014 at 17:18
simple question:
how its possible to open a trade of 0 lots?????
and more important question:
why opening a trade of 0 lots? :)

stevetrade

Member Since Oct 28, 2009  1408 posts Steve B (stevetrade) Jun 04 2014 at 19:24
It's closing orders by matching them against each other. OrderCloseBy function is my guess.
Best regards Steve

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Bisho777

Member Since Jun 26, 2012  192 posts Bisho777 Jun 05 2014 at 12:58
however.... his drawdown is very high.... he eventually will blow up his account... i hope he wouldnt make big sales and scam much ppl before blowing up his account!

willgart

Member Since Aug 20, 2011  588 posts willgart Jun 05 2014 at 13:20
yes the DD is high due to the huge lot size opened.
if the EA wins 37% in 1 trade in 2 min... the DD can be big quickly too !

but for sure an incredible good broker is required to be able to get these results.

stevetrade

Member Since Oct 28, 2009  1408 posts Steve B (stevetrade) Jun 05 2014 at 13:54
Actually a poor broker with bad liquidity access or price feed is what's required to get these results.
A good broker with access to a deep liquidity pool and good infrastrutuce isn't going to have any feed latency and can't be exploited with arbitrage.
Best regards Steve

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
willgart

Member Since Aug 20, 2011  588 posts willgart Jun 05 2014 at 14:07
but the execution has to be perfect!
I mean no requote, order processed very quickly etc...
else the delay between the signal and the final committed trade the price has already moved and its too late.
same for the close.

I suffer an issue there is few month with my broker where the TP was reached during a big move of EURUSD, but the time taken by the broker (ECN one) the price drops by 90pips and so the trade was a lost while the close signal was at +50pips!
so imagine a broker not able to fulfill your orders effectively can kill an account quickly...

stevetrade

Member Since Oct 28, 2009  1408 posts Steve B (stevetrade) Jun 05 2014 at 14:08
Yeah, this wouldn't work on an ECN broker ( not that some of the brokers advertising themselves as ECN actually are ECN ).
Best regards Steve

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
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EURUSD 1.1629 GBPUSD 1.27426
USDJPY 105.552 USDCAD 1.33866

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