My subscribers do though, because their accounts are growing....
- | Commercial Member | Joined Dec 2010 | 1,135 Posts
No longer trading forex. Looking for full time job.
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DislikedMy subscribers do though, because their accounts are growing....Ignored
Disliked{quote} How about selling signals? The only difference I see here is being paid afterwards over actual performance instead of asking your clients for an upfront subscription payment.Ignored
Disliked{quote} If you are able to convince people to subscribe to your service without any third party confirmation of the results more power to you. You must be quite the salesman.Ignored
Disliked{quote} Word of mouth...provide good results to existing clients and they will spread the wordIgnored
Disliked{quote} I agree with you to some degree. If the service sucks, people won't subscribe. It's a subscription based business, so if you want repeat business, you better perform. Otherwise sooner or later, you will die away. It's not like a fund business, where you collect money from clients, and the clients pretty much committed at that point. The problem with excel results is that people can't see how your equity looks like day to day. Myfxbook and trade explorer can root out these so called 'martingale' traders taht are only concerned baalnce with...Ignored
DislikedLooks like the myfxbook contest registration window closes today. Is anyone else thinking about doing it? I haven't registered yet, but considering. My only hesitancy is being stacked against the inevitable 3 guys who return 3000% over a 60 day window. haha AdamIgnored
Disliked{quote} All those contests do is encourage horrible money management and high risk. Let them have a contest over five years and see who is left. Then you will know who can trade.Ignored
DislikedI can't imagine being a signal provider....the stress levels must be crazy ...I salute u guys.Ignored
Disliked{quote} This wont change the way you trade...subscibers just copy your trades. Unless you mean being stressed in trying to impress your subcribers...or pressured to trade well because you have people copying your trades? and again, if you are confident about your method and you have used it for many years, having subscribers wont change the way you trade.Ignored
Disliked{quote} If you are disciplined in your own trading, you wouldnt need to impress your subscribers by taking trades you wouldnt take on your own. TPOTrader, sorry for invading your platformIgnored
Disliked{quote} One common misunderstanding is what draws in capital to follow a manager or signal provider. It isn't the high risk, "impressive", trading that has deep pockets following in toe; it's the conservative and consistent managers who can deal with risk appropriately who bag the elephants. Or, put another way, nobody stays rich chasing cowboy managers who try to impress with 4000% returns. That's not saying that risky management and potential cowboy-style high returns doesn't draw in capital, but the difference is whales vs minnows as the...Ignored
DislikedThen again, to be fair, retail copy trade customers chasing systems that have a perfectly straight line ascending equity curve before it loses 99% in one trade might not be making the same choices as accredited investors looking for mangers and funds to diversify. Mm..Ignored
Disliked{quote} Accredited investors and big money wouldn't be on this forum either. Signal providers and forex educators target the retail public, offering services for $100/mth or $250/mth and showing as you said straight line ascending equity curves. I'm sure you have seen Myfxbook accounts with $300 or $1000 growing 300% and those are intended for retail consumption, people paying them subscription fees. Signal providers wouldn't be able to attract accredited investors. Similarly accredited investors wouldn't be looking at the vast amount of signal...Ignored
Disliked{quote} Accredited investors and big money wouldn't be on this forum either. Signal providers and forex educators target the retail public, offering services for $100/mth or $250/mth and showing as you said straight line ascending equity curves. I'm sure you have seen Myfxbook accounts with $300 or $1000 growing 300% and those are intended for retail consumption, people paying them subscription fees. Signal providers wouldn't be able to attract accredited investors. Similarly accredited investors wouldn't be looking at the vast amount of signal...Ignored