Criteria for getting signals to the top - page 2
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No, I've said it many times, I work with investors as a manager and it's not appropriate to have a signal with subscriptions and also sell the robot in the marketplace.
No need to worry so much :)
I'm not worried.
I, for example, put my signal in the top 3 here a few years ago. The account was 9 months old. And it got to the top in a fortnight.
But I traded using hands and averaging. I myself did not fully understand what I was doing. When I have lost 50% of my deposit during a day on the news, I have closed my account at an open grid (my robot assistant has not blocked my order in time) and since then I do not trade that way.
I have not traded that way since then. My subscribers lost tens of thousands because of me.
Now I only have signals to demonstrate the EA's capabilities on the real market.
100% a month with a 5% drawdown. Yes, perhaps even half a year is enough at these figures to get to the top of the hit parade. It is a pity that it is not realistic to trade like that.
Well, you need to choose - either speedy enrollment without any ratings - but for this you need such a successful "unreal" trade. Or the trade can be anything, but you have to be in all sorts of top-rated positions. You need them in order to show unreliable trading as "qualitative".
A good signal pays very good dividends.
I gave an example not for nothing where in over 4 years of trading 128% of profit was traded, but the signal has 300 subscribers. Of course, the signal provider does not plan to sell out. He is trading on his own.
And it is not about losing. The idea is that Provider counts more on Subscribers than on trading - it means that his trading is not worth a penny and may suffer losses any time regardless of what he says about plans of losing.
If you trade profitably and are sure of your trading, you do not need followers. If you have them - fine, if not - don't matter.
What are you talking nonsense. Have you seen these results in your dreams?
Why should I see them? I know that if someone demonstrates such results, subscribers will rush to this signal without any ratings.
Do you have any objections? Where is the "nonsense" ?
I'm not worried.
I, for example, put my signal in the top 3 here a few years ago. The account was 9 months old. And it came out in the top in a fortnight.
But I traded using hands and averaging. I myself did not fully understand what I was doing. When I have lost 50% of my deposit during a day on the news, I have closed my account at an open grid (my robot assistant has not blocked my order in time) and since then I do not trade that way.
I have not traded that way since then. My subscribers lost tens of thousands because of me.
That's right. This is a very typical situation. Everyone knows that grid trading with high risks does not lead to good, however, not only they trade but also open signals. This is precisely because they can fail at any moment, so they have to "cut the sheep" quickly.
I've said it many times - there is only one parameter that gives the quality of the signal - the real Equity in its account. Only this indicator shows what the ISP itself really thinks about its signal. None of the other indicators speaks about the provider's thoughts.
It makes sense to subscribe to signals, the monthly subscription to which costs not more than 1% of the real Equity on the signal deposit.
However, Subscribers have a lot of money and are ready to risk it, turning their trading into a casino - whose fault is that? Signals Providers are right to try to sell their Subscribers signals by all means (including ratings).
Well, here you need to choose - either a fast set of clients without any ratings - but for this you need such a successful "unreal" trade. Or trade may be any, but you have to be in any kind of top-rankings. You need them in order to show unreliable trading as "qualitative".
It's not about losing money. It's about the provider relying more on subscribers than on the trade itself, which means that his trade is not worth a penny and could go into loss at any time, no matter what he says about "plans to drain".
If you trade profitably and are sure of your trading, you do not need followers. If you have them, fine.
Again, I disagree.
If you already have trading capital of 50-100K as an established trader who takes his time to make 3-5% per month, then you've got enough to live on.
And if you don't have that trading capital? Why not signal until you have built up that capital?
Again I disagree.
If you already have trading capital of 50-100K as an established trader who is taking your 3-5% a month, then you have enough to live on.
And if you don't have that trading capital? Why not signal until you have built up that capital?
No capital, you're a failed trader... and you're a quality signaler? You don't find that contradictory, bro?
This is a very typical situation. The traders know very well that grid trading with high risks does not lead to good results, but they not only trade but also open signals. And this is precisely because they can fail at any moment, so they have to "cut the sheep" quickly.
The problem is probably not that such "signals" are opened, but that they get to the top and discredit the service as a whole after another leak.
No capital, you're a failed trader... but you're a quality trader? You don't find a contradiction in those words, bro?
Not really. Are you saying that having, say, 1-10K of trading capital will suit you for a 3-5% profit?
The problem is probably not that such "signals" are opened, but that they get to the top and after another flush they discredit the service as a whole.
There is such a letter in the word. I agree.
But, for our age silly subscribers enough. Do you think if my League TCs will start to show good results consistently (will be able to work out the rules for selection of TCs) - I'll not open an account for "sheep shearing"? I will open an account at once ! Because I am well aware that I'm just lucky, and I need to "forge chairs without leaving the box office". But it absolutely does not cancel all my assertions that my signal will be worth exactly as much as its real Equity.