- Trading in this week of "Brexit"
- The best trading robot on the World
- Who can make from 100 USD to 100000 USD in 2016?
Dear friends,
I opened this poll because there are too much signal here.
But I am not sure about that to get money from signal services.
I have just really learned your experience and advices...
Unfortunately I have not earn money from signal services. Mainly this is because of my wrong choice.
I am waiting your vote and opinion.
Thanks.
Study Forex
Find the Strategy
Be with Discipline
Trade with Manual or Auto which belongs to your strategy.
Ofcourse take your own decision to make trades. Don't get advice to trade
My poll is last one.
Final Words: I sell Signals.... LOL....
According to comment, I think, In order to increase signal quality, there should be some conditions to become a signal service provider.
May be we need to focus this.
How can we increase quality of signal?
What is your idea?
I think probably the best filter would be that the signal needs to have a certain amount of the signal providers money in it. The amount should be at least 500dollars(if the signal provider wants to use cent account then 50,000 in cent account which is equivalent to 500dollars)- the more money the signal provider has in the signal the better. this way the signal provider has something to lose when he/she blows up the account and will trade more carefully and properly.
Also the broker must be reputable- there are too many signals popping up now using brokers that I never heard of- and if you google the broker you find it difficult to find such a broker/ sometimes you get a webpage that does not look genuine due to bad use of grammar and spelling mistakes/ dead links
Totally agree with Mohammad's comment.
In addition it seems that many users here follow get quick rich scheme signals, which inevitably lead to blown accounts and disappointed and frustrated subscribers who quit forex trading.
There are some signals which can be a great source of earning money if you are patient.
Some idea for signal services...
1. Signal provider should provide at least 60 days history for signal.
2. Maximum drawdown should not exceed 30% before start.
3. Minumun balance should be 500 USD.
4. If signal close because of loss, (Maximum drawdown reached %99) Signal provider should not open signal again at least 2 months. He/she should wait to open a signal at least 2 months.
....
I think probably the best filter would be that the signal needs to have a certain amount of the signal providers money in it. The amount should be at least 500dollars(if the signal provider wants to use cent account then 50,000 in cent account which is equivalent to 500dollars)- the more money the signal provider has in the signal the better. this way the signal provider has something to lose when he/she blows up the account and will trade more carefully and properly.
Also the broker must be reputable- there are too many signals popping up now using brokers that I never heard of- and if you google the broker you find it difficult to find such a broker/ sometimes you get a webpage that does not look genuine due to bad use of grammar and spelling mistakes/ dead links
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