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StatArb Pro 250,000 USD (By statarbpro)

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

statarbpro (statarbpro)
Aug 22 2012 at 03:31
55 posts
1) Actually we only track pairs with an 80% win rate, so 50% is actually 80%.

2) Of course there is risk. There is just less risk with this style of trading and no, we never use martingale.

duzyfx
Aug 22 2012 at 03:40
257 posts
your other longest posted account has been up a ~year with 3.41% compounded profit and estimated 27% drawdown; in fact the constant drawdown is the problem about this strategy since if you want to trade it ... you might have to wait in the worst case 4 months or so for the last trade to close or take the drowdown as a loss

another thing is the swap since you're trading all exotic currs that have high swings ... doesn't the swap kill any potential profit ? I don't think the muslim accounts exist anymore for keeping the trades open that long ... or do you make the swap work towards the profit ?

stevewalker
stevewalker
Aug 22 2012 at 19:41
1439 posts
agree

'# 2. Can you open comments and Magic in your myfxbook statment? If it was not different system, please do it - open 'comments''

forextut posted:
June 3th - was big DD , so why you 'Prior to June 6th ' running a different system?... why is not in new myfxbook statment
and question # 2. Can you open comments and Magic in your myfxbook statment? If it was not different system, please do it - open 'comments'

stevewalker
stevewalker
Aug 22 2012 at 20:29
1439 posts
average tarder can predict the end of stroy

good luck.

you will really need it

walker



statarbpro (statarbpro)
Aug 22 2012 at 20:50
55 posts
I've been trading for institutions for over 6 years now.

I've been trading this very system for institutions for over 2.

Luck doesn't factor in to this. Mathematics do. You do realize that Statistical Arbitrage is one of the longest running strategies in trading, right? With the exception of Longterm Capital who ran into liquidity issues and crashed and burned some years ago, the strategy doesn't fail if implemented correctly.

BTW, thanks for the screenshot. +21,000 pips there!

statarbpro (statarbpro)
Aug 22 2012 at 20:53
55 posts
duzyfx posted:
your other longest posted account has been up a ~year with 3.41% compounded profit and estimated 27% drawdown; in fact the constant drawdown is the problem about this strategy since if you want to trade it ... you might have to wait in the worst case 4 months or so for the last trade to close or take the drowdown as a loss

another thing is the swap since you're trading all exotic currs that have high swings ... doesn't the swap kill any potential profit ? I don't think the muslim accounts exist anymore for keeping the trades open that long ... or do you make the swap work towards the profit ?


The 4 month trade you're referring to was an abandoned trade during testing. The average holding period is about 19 days.

Swaps can eat into your profits, but yes, you usually make about 70% of swap costs up on the other side of the swing.

stevewalker
stevewalker
Aug 22 2012 at 20:59
1439 posts
no offense
I hope you make good profit.

I am not the one who hate people who makes profit

but when I see fat below Balance this reminds me many other failed systems.
on the top of that I am personally a programmer and tested too many.

but who knows
you may get a great result
                        or great fail.

time will tell.

my wish for you is to make profit
but my logic says it will not go for long.

good luck

walker


statarbpro posted:
I've been trading for institutions for over 6 years now.

I've been trading this very system for institutions for over 2.

Luck doesn't factor in to this. Mathematics do. You do realize that Statistical Arbitrage is one of the longest running strategies in trading, right? With the exception of Longterm Capital who ran into liquidity issues and crashed and burned some years ago, the strategy doesn't fail if implemented correctly.

BTW, thanks for the screenshot. +21,000 pips there!

stevewalker
stevewalker
Aug 22 2012 at 21:06
1439 posts
in this kind of systems; means corrolated paris trades Back test means nothing.

becouse system expects all traded corolated pairs react like did before.
surly it is not possible. whlie one curr is not reacting like past how we can expect 2 or 3 or more react same as past.
no way......

to prevent that and stay in the reasonable risk levels you should dramaticly decrease your trade volume( risk ).
on the other hand this will effect your gain %.

if you can suffer with an average or below average gain % you can run this system much more safely.

but if you run it with the BT result high gain setup it will definetly blow account at some point. especially if you run with increasing risk mode.

wish you good luck

walker

PS : the start point is the most important point for your balance. I am sure you know what I mean.😉

statarbpro (statarbpro)
Aug 22 2012 at 21:17
55 posts
Correlation is only one of 7 ranking factors used in the system.

duzyfx
Aug 22 2012 at 23:29
257 posts
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 ?

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