Hello All, for those of us that are not familiar with a
Statistical Arbitrage system let me try to explain. Statistical Arbitrage is a market neutral / mean reversion trading strategy. Stat Arb, as it’s called In the industry, monitors the performance of two or more historically co-integrated and / or correlated price series. When the correlation between the two price series temporarily weakens (one currency pair moves up and the other moves down), the trade would be to short the outperforming stock and to long the under performing one, betting that the “spread” between the two would eventually converge. The CypherFX system takes this Stat Arb and combines it with a basket trading strategy. Let's review the performance of this system with a live account set up by the vendor.
CypherFX live account
I believe this system costs $297 with some other options that bring the price to $497. There also may be an upsell with this system. I also believe this is a signal service as the webpage states "your account is monitored by a live trader." I don't really like to trade
basket traders or
grid traders. I also don't have any experience trading with Stat Arb systems. I believe in order for this to "work" you would need higher leverage than 1:50, probably more like at least 1:200 with the hedging of multiple pairs. If anyone tries this system let me know.
CypherFX Website
