Hahaha, 2012! His goal is the 1st, but who knows. But he spent the majority of today talking to them from what I hear and pretty much done now (I've been Skyping him for the majority of today). Does RR's EA say to use 48 brokers?!!? I didn't know, I didn't read the whole thread.
The example video that Jason showed seemed like the arbitrage was endlessly appearing and that's just not the case, the market has gotten way too efficient for that. As for risk, I feel I would risk less than 1% per trade as in this type of trading, I would place quantity over quality, so a max exposure of 5% is pretty good I think. I don't know the exit management of Jason's application, do you exit whenever?
I agree with you to a point in that, if you can find a high probability scalp setups then it's a lot less risk and it's the way to go, but I don't know what the win rate of arbitrage of this manner is, for all I know it could go -100 pips against me after I pay the damn $2000.
I personally am never going to trade RR's or Jason's, for that very reason of it being a "black box", I'd rather program my own arbitrage system based on it, maybe even incoporate triangulation arbitrage as well. But yeah, agreed, latency isn't as big of a deal here since trades still last a few seconds to minutes.
CodeMeister, do you currently trade any arbitrage methods?