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StatArb Pro 250,000 USD (By StatArb Pro )

Gain : +17.81%
Drawdown 7.99%
Pips: 352.1
Trades 128
Won:
Lost:
Type: Real
Leverage: 1:100
Trading: Manual

StatArb Pro 250,000 USD Discussion

duzyfx
Aug 22 2012 at 23:36
257 posts
another thing - please update this account ...

last update: 'Updated:Aug 05 at 20:25'

McKeen
Aug 23 2012 at 19:33
11 posts
Dear statarbpro,

On your homepage you have a detailed report from a MT4 live account with a deposit of $1000000 showing a gain of 53.9%.
The last trade on this account was opened 2012.06.04.

Why are you not adding this account to MyFxBook for verification? You have done so with 4 other smaller accounts...

Could you please link that account to MyFxBook?

I do not doubt that it is a real live account - however it is weird that you suddenly stopped trading it 2 months ago and that you are not showing it here for all to see.

If you put it up here (and have nothing to hide) then we can be sure that it didn´t went the other way in the past few months.

Please elaborate on this or link that account here...

StatArb Pro (statarbpro)
Aug 23 2012 at 20:01
55 posts
duzyfx posted:
another thing - please update this account ...

last update: 'Updated:Aug 05 at 20:25'


Done.

StatArb Pro (statarbpro)
Aug 23 2012 at 20:02
55 posts
McKeen posted:
Dear statarbpro,

On your homepage you have a detailed report from a MT4 live account with a deposit of $1000000 showing a gain of 53.9%.
The last trade on this account was opened 2012.06.04.

Why are you not adding this account to MyFxBook for verification? You have done so with 4 other smaller accounts...

Could you please link that account to MyFxBook?

I do not doubt that it is a real live account - however it is weird that you suddenly stopped trading it 2 months ago and that you are not showing it here for all to see.

If you put it up here (and have nothing to hide) then we can be sure that it didn´t went the other way in the past few months.

Please elaborate on this or link that account here...


1) The account was, in fact a demo account. It was a proof of concept for the MT4 version. While this system has been in use for quite some time, the Metatrader version is a recent development.

2) And I certainly have nothing to hide. The account has always been here. https://www.myfxbook.com/members/statarbpro/statarb-pro/357731

Retail traders must be getting scammed a lot these days. I don't get grilled this hard from hedge funds.

McKeen
Aug 23 2012 at 20:14
11 posts
I have to say that you seem pretty down to earth and you have provided good answers to both mine and other members questions. I believe that you are who you say you are.

I wish you all the best and that growth on your accounts will continue.

Perhaps Ill be a customer of yours one day... 😉

Ps. You are absolutely right about us being scammed - it is more of a rule than an exception Ds.

StatArb Pro (statarbpro)
Aug 23 2012 at 20:25
55 posts
I appreciate the vote of confidence. I thought I was doing something good here by releasing a system that actually made money over the long term and immediately I was attacked from all angles. Some don't understand what this does, but I believe a lot of it is, and you said it, that the marketplace is rife with folks with less than honorable intentions.

stevewalker
stevewalker
Aug 23 2012 at 20:48
1439 posts
guys & gals

- open History
- 200.000 usd initial deposit
- quick answers

lets wait and see, time will tell.

good luck

walker

duzyfx
Aug 24 2012 at 01:37
257 posts
duzyfx posted:
anyways how is this EA sold ? a couple days ago I've seen a rental offer for 1 year for a few under $500 and another offer for either $1k or $2k (can't remember). Now I see the promo for $297.

So is the EA rented or bought ? Is the EA relying on an external server for signals (eg: signal copier) or does it work on it's own ?

What minimum leverage is necessary ? How many minimum pairs are necessary ?


can you answer this ?

duzyfx
Aug 24 2012 at 01:46
257 posts
statarbpro posted:
Retail traders must be getting scammed a lot these days. I don't get grilled this hard from hedge funds.


if you sell to 100 ppl then you get 30k
if 1000 then you get 300k

most people bring to the market highly optimized EAs that stop working a month or so after the release

like the saying goes - if you really have a good system why can't you bet your house, credit cards, your friends money etc on it ?

why are you trying to make money by selling it ? The rule of the thumb is if you sell 1000 copies you make 300k
those 1000 copies could create such an influence in the market that the strategy won't work anymore since the order will be noticed and taken care of by the market...

to be honest you'd have to be a saint to offer a system that lasts ... and we know people are not saints

duzyfx
Aug 24 2012 at 01:47
257 posts
statarbpro posted:
... marketplace is rife with folks with less than honorable intentions.


I bet there are many that have honorable intentions but it's not enough! It's a zero sum game. Big players always win.

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