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Why have so many signal providers out there starting accounts with less than $500 bucks? Mostly automated systems. Is there any explanation? What do you think?
In order to develop a solid Signal service you need to be able to do so using the smallet account size. This is how real skill is proven, there is no difference beteen a signal service, an EA or a business in the case of each of these we must be able to use minimal capital, control risk and make a profit over a sustained period of time.
By doing this you would have proved your skills and abilities. Its easy to just throw money at problems but this cannot be a substitute for getting the business fundamentals correct in order for business to be around for the foreseeable future.
In order to develop a solid Signal service you need to be able to do so using the smallet account size. This is how real skill is proven, there is no difference beteen a signal service, an EA or a business in the case of each of these we must be able to use minimal capital, control risk and make a profit over a sustained period of time.
By doing this you would have proved your skills and abilities. Its easy to just throw money at problems but this cannot be a substitute for getting the business fundamentals correct in order for business to be around for the foreseeable future.
In order to develop a solid Signal service you need to be able to do so using the smallet account size. This is how real skill is proven, there is no difference beteen a signal service, an EA or a business in the case of each of these we must be able to use minimal capital, control risk and make a profit over a sustained period of time.
By doing this you would have proved your skills and abilities. Its easy to just throw money at problems but this cannot be a substitute for getting the business fundamentals correct in order for business to be around for the foreseeable future.
Maybe some trader that already found good ea, they will keep it up
but I am trying some ea, and almost them is fail, so manual trading is my choice then
Trading is a dangerous game. You need to try different strategies to find one that will suits you.
most of signal provider use small initial deposit such as $100 cos gains $10 that is 10%, but always add large amount of deposit later such as $10000... something like that for its AC drawdown... i think this is scam. just want to earn subscription fee.
The drawdown is calculated based on their initial deposit ($100 in your example), so - the $10,000 adding to the deposit will not help to the signal providers (because they may get 1000% drawdown).
Besides, the signal will be prohibited for sibscription if drawdown is more than 30% from the initial deposit.
most of signal provider use small initial deposit such as $100 cos gains $10 that is 10%, but always add large amount of deposit later such as $10000... something like that for its AC drawdown... i think this is scam. just want to earn subscription fee.
I don't relying also to signal provider, I don't know, maybe still too much over confident wit my own way, although sometimes still fail
I think they also want to get earning from their service