Disliked@dukas_trader I have got a different view of things. You seem to think that if you do not try then you can not lose. I'm more of the thinking of that if you do not try then you can not win. I can not go to a live account without first developing the strategy and testing it using backtesting, then demo then live. If I jumped to live using the first iteration of the EA then I would have lost everything. Not because of the strategy, but because of EA bugs and the wrong implementation of the strategy. It is easy to talk about the strategy, but difficult...Ignored
- you dont trade a normal trading strategy, its only arbitrage!!, thats not really trading, its a step before. in real trading all counterparts have same informations at the same time, price and news, and so same chance to win. in arbitrage you have a time or information difference between both counterparts.
- your arbitrage is not testable in demo account for wins. you can calculate you to the richest person on earth, but will not happen in real accounts. you simple waste your time by any demo backtest and demotrading. i dont say you cant win maybe (dont know your chances), but you cant win any information with demoaccount backtest or forward test, thats for sure. you only can see if your arbitrage ea is working like its programmed.
- i dont tell you its difficult to develop this system, i tell you its impossible(!) to develop this system in demo account!
- "But if it works then I want everyone to benefit from it"- you are crazy , forget this point. if arbitrage would worh, there are so small amounts there to trade, you really believe when many will trade this same time some will get some amounts? you really have to learn some of the basics of this markets, there is no very high amounts all the time, its more easy if you read about basics by your own, it needs to much time to teach about this topic.
- i tried only to help you and save you many many time. if you will see it not as help, then ok.