100 contracts US500 is a stake of 443 700 € !!!! o-) For a gain of 588.5 € or 0.12% of the fixed capital (still it is necessary to have it) for 2 weeks, reduced to the year that makes 3.27% In addition, apart from the weakness of the result in relation to the invested capital, a history on real account of 2 weeks seems to me largely insufficient for a commitment on my part.
Nah, something else is very wrong there;
If the investment is 443700 and the profit is 588, this can only be huge coincidence observed at a desired “time stamp”. Or else it could be about 10000 trades and the law of the big numbers could justify profit – thus OK. But still not OK because nobody is going to do 10000 trades, wait for years or whatever and is happy with 588 profit.
Thus I say : scam all over ? No, not yet. Possibly the author does not understand this himself.
_ the algos present in the marketplace are traded live by their authors (a check is made before the public release).
I was not aware of that, hence I never see this anywhere. Anyway :
” […] For the 2 weeks, I mentioned earlier the increase in version increment which in effect resets the stats. ”
*That* would be a real problem, because the Ultron people hardly can arrange this differently. Otoh, they could show it differently, although it would only look as tweaking. See the 1st attachment and notice the start date of July 21. What would you think of that, eh ? Why did I do that ?
The answer is simple : I stopped trialing and started to put the lot in “live”-paper. Prior to that messy trades existed as you see in the 2nd attachment. The 3rd attachment shows the reality as of now (up to last Friday).
I left something out deliberately because it could happen in real live just the same. You would wonder too much (and I would need to explain too much). Still what I left out is harmless.
Before you ask : the investment is 2 million euros here.
So let’s wait for the actual stats when they will be available on the Market. Indeed, a system that evolves every two weeks is for me an unstable system.
That could be unjustified. What I (harmlessly) left out, is a change to the Strategy on August 1. Thus, it runs for a few days only ? Actually : Yes. But what can I do ? don’t apply an improvement I see ? See the 4th attachment and watch the dates again. It is on the exact same instrument (investment is also the same). Am I scamming ? Or is the “trial” since August 1 maybe with less risk ? The answer you can’t guess : it is about more trades because for me more trades is more fun.
The moral of the last part of this post is : In my view such Strategies can never be “static” because you as the developer always see improvements. The better it goes, the more easy it is to see improvements. The more trailing stops (TP) you see happening live (I almost exclusively test forward), the more “improvement” comes to your mind. And there comes the “reset” Ultron talks about. This is just unavoidable. But mind you, this does not prevent any seller to do more than his stinking best to show you his truth. And for that, for me only one test *will* work : the showcase of his own profits on the same Strategy which is offered to you. I mean, why wouldn’t he (or she) …
(I could have an answer : because it does not exist ?)
Sorry for the long post.
