Passive income with the Prop Master Expert Advisor

Passive income with the Prop Master Expert Advisor

4 July 2024, 11:21
Sergey Ermolov
0
109

Trading first of all seems like an easy way to make money. Many people come to trading seeing an opportunity to earn a lot of money. For some it is a chance to realize their dreams. But as you start trading, you begin to realize how complicated this business really is. In an attempt to make money, you start losing your money. Some, after years of learning and many losses, come to a stable profit, but for many people trading becomes only a disappointment, associated with the loss of money and their time. In fact, you can make money in trading without years of training and even earn passive income. To get passive income, you can either invest your money in traders who have already passed this long way and reached a stable profit, or invest in an Expert Advisor with a built strategy. In this article we will explain how to get passive income in trading with the help of the Prop Master Expert Advisor.

You can install the Expert Advisor by clicking the link👇

 

When it comes to passive income, the first question that appears in your mind is: how much does an Expert Advisor earn on average per month? To answer this question, we have started testing of the Prop Master Expert Advisor on historical data.

 

Table 1. Average profitability

Table 1 shows the average performance of the Expert Advisor for 11 years. The testing was conducted from 2013 to 2024, and based on the test results, we can see that the average return of the EA is 12% per month. The results are calculated with a risk of 3% per trade. You can set the risk yourself depending on your risk considerations. This data shows that the Prop Master Expert Advisor is able to provide stable returns, which makes it a great tool for passive income.

 

Comparison of investing in an Expert Advisor vs. a trader

Many people face a choice when they are choosing a passive income strategy: invest in an experienced trader or use an automated Expert Advisor such as Prop Master. Let's take a look at what each of these options offers and why investing in an Expert Advisor may be more beneficial.

By investing in a trader, your passive income will only account for half of your total profits. This is because traders typically take half of your earnings as compensation for their work and management of your capital. This can significantly reduce your overall income and slow down your capital growth.

There is also the risk of human error. Traders can make mistakes, succumb to emotions or even cheat their investors. There are cases where traders have disappeared with investors' money, leaving them with nothing. This kind of risk is difficult to predict and control, which makes investing in people quite risky.

On the other hand, investing in Prop Master Expert Advisor eliminates the human factor and emotional decisions. The EA trades strictly according to a set algorithm, which provides a constant and predictable trading strategy (You can read more about the strategy here: Analysis of the trading strategy of the Prop Master Expert Advisor). You can monitor how your deposit grows in real time without fearing that someone might cheat you or disappear with your money.

Comparison example:


Table 2: Investing in a trader


Table 3: Investing in an Expert Advisor

 

By investing in an EA, you keep all of your profits, which makes this option more attractive and profitable.

Using Prop Master Expert Advisor allows traders to avoid many difficulties and mistakes associated with independent trading and investing in traders. The Expert Advisor provides stable returns, minimizes risks and saves time. It is an ideal tool for those who want to earn passive income on financial markets without the need to deep dive into trading.

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