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Give your opinion (discuss pros and cons) pls

  • #1
  • First Post: Oct 15, 2017 1:58am Oct 15, 2017 1:58am
I am planning to provide money back guarantee for my signals and my plan is to provide 1000 pips per month guarantee to all my clients.

so basically if my system don't make a minimum of 1000 pips per month you get your subscription money back of that month which I charge.

please discuss if you would like to see such an offer?
Legends only move ahead!!!
  • #2
  • Oct 15, 2017 8:39am Oct 15, 2017 8:39am
Quoting MuhammedTaha
I am planning to provide money back guarantee for my signals and my plan is to provide 1000 pips per month guarantee to all my clients. so basically if my system don't make a minimum of 1000 pips per month you get your subscription money back of that month which I charge. please discuss if you would like to see such an offer?
there are some number , you should never mention, when you wish that someone takes you serious.

dont speak about balance, always equity.
dont speak about pips, always win in percent or money (if you withdraw or put in money betweens months , then you even need to correct the won percent to real value).

balance is complete useless. pips are complete useless. both will tell you nothing, they dont tell, if you are in win or loss or how is trading going in general.

so worst you can mention is closed trades pips per month. then you have calculated in pips and hides open equity lost pips.

do it in equity money! and for one account you have as example. you put in 10.000 real money, then you can say xxx money win in equity at minimum per month as money back guarantee for paying back the monthly subscription.

any questions?
  • #3
  • Edited 8:58am Oct 15, 2017 8:47am | Edited 8:58am
Quoting MuhammedTaha
I am planning to provide money back guarantee for my signals and my plan is to provide 1000 pips per month guarantee to all my clients. so basically if my system don't make a minimum of 1000 pips per month you get your subscription money back of that month which I charge. please discuss if you would like to see such an offer?

ohoh, i looked in you shown account here.

1. first its demo, its not complete useless, but not very good.

2. then you have faked won pips, what looks really bad. you cant say i will make 1000 pips in month and same time open 5-10 times eurusd 0,01 pip order instead of 0,1 or 0,05 lot order. of course you have then 5 -10 times more pips won then you really would have, only by splitting your orders, whats complete stupid calculation. thats why calculate in money, then you have same money won with 10 times 0,01 order or one 0,1 order. but in pips you win with 10 times 0,01 order maybe 1000 pips , but with the real 0,1 order only 100. so your clients would feel like scammed.

in your own account you show why calculating in pips is so useless and people can easy fake things, that are not there in reality.
and this is only one of the problems by calculating in pips, there are so many more and on the end the statistic in pips is always complete useless.
  • #4
  • Oct 15, 2017 9:06am Oct 15, 2017 9:06am
Thank you for your reply, there are few things which need to be addressed here.

1) yes its a demo account and I dont hide it, I am transmitting signals from demo account and not the real account for many reasons and one of the biggest reason is the security of code and my own balance which I prefer to keep private.

2) pip won are actually real and not fake because pip is pip no matter what price I get them from he market, this is why I said pip and not the TRADE NUMBER. so yes pips are real and not fake as you thought.

3) if you are aware of zulu they are one of the best signal websites and they also operate on same business model.

so now when I say 1000 pips money back guarantee lets see what it means.

it means followers will actually make 1000 pips based on the lot size he is following.

0.01 lot he will make 100 dollars
0.05 lot he will make 500 dollars
0.1 lot he will make 1000 dollars
1 full lot he will make 10000 dollars

so basically 1000 pips is guaranteed.


also, I tried to search on the Internet and have not found any such offer. so I think this should attract lots of investors.

I welcome your further replies.
Legends only move ahead!!!
  • #5
  • Oct 15, 2017 9:20am Oct 15, 2017 9:20am
Quoting MuhammedTaha
Thank you for your reply, there are few things which need to be addressed here. 1) yes its a demo account and I dont hide it, I am transmitting signals from demo account and not the real account for many reasons and one of the biggest reason is the security of code and my own balance which I prefer to keep private. 2) pip won are actually real and not fake because pip is pip no matter what price I get them from he market, this is why I said pip and not the TRADE NUMBER. so yes pips are real and not fake as you thought. 3) if you are aware of zulu...
not really.

1) yes its a demo account and I dont hide it, I am transmitting signals from demo account and not the real account for many reasons and one of the biggest reason is the security of code and my own balance which I prefer to keep private.

--> just open an 10.000 real account with a good broker, so you can hide your private account balance very easy, because you still have your other account, whats the problem? demo accounts have often many advantages that real accounts dont have (depends on broker): smaller spreads in news or even in other times, no slippage, faster execution (with many orders big difference), ........

2) pip won are actually real and not fake because pip is pip no matter what price I get them from he market, this is why I said pip and not the TRADE NUMBER. so yes pips are real and not fake as you thought.

no. i dont speak about fake pips, that you dont have it, i talked about you calculate it wrong, thatswhy big fake.
you open for example 5 times eurusd with 0,01, but in reality its 1 time 0,05 order. in reality you win lets say your normal 20 pips with this 0,05 order. same time your 0,01 order wins also 20 pips but 5 times, so alltogether your 5 orders make 100 pips with exact same order. and thats the fake, you splitted the order in smaller order to can calculated more pips won. i dont know if you dont know it or do it with aim, that only you know. but the 80 pips difference between the 20 pips and 100 pip are the "fake" pips, that are not there in reality, only in your wrong calculated statistic (same would be with partially closing, you need also recalculating pips win if you count such things ,or it get wrong statistic). thats why no trader counting pips, only extrem new beginner traders. why counting useless things.


3) if you are aware of zulu they are one of the best signal websites and they also operate on same business model.

--> they are not very good by the way! most investors lose by them

so now when I say 1000 pips money back guarantee lets see what it means.

it means followers will actually make 1000 pips based on the lot size he is following.

0.01 lot he will make 100 dollars
0.05 lot he will make 500 dollars
0.1 lot he will make 1000 dollars
1 full lot he will make 10000 dollars

so basically 1000 pips is guaranteed.

---> again a problem: you trade different currencies! if you would only trade the same currency your calculation would be at least near ok, but because you trade many currencies its complete wrong. many currencies have different pipvalues. so pipvalue of eurgbp is near double time of eurnzd. so with 1000 pips won on month end, but having 1000 pips lost in eurgbp and 2000 pips won in eurnzd, you still would have no win together. with 4000 pips lost in eurgbp and 5000 pips won in eurnzd you would have extrem loss in money and same time 1000 pips plus. thats only examples , but will show you your mistake in calculating with pips. calculate in money or when you never put in money in or out , calculate in percent.
  • #6
  • Oct 15, 2017 9:47am Oct 15, 2017 9:47am
Quoting dukas_trader
{quote} not really. 1) yes its a demo account and I dont hide it, I am transmitting signals from demo account and not the real account for many reasons and one of the biggest reason is the security of code and my own balance which I prefer to keep private. --> just open an 10.000 real account with a good broker, so you can hide your private account balance very easy, because you still have your other account, whats the problem? demo accounts have often many advantages that real accounts dont have (depends on broker): smaller spreads in news or even...

many traders providing signals with guaranted pips BUT...these pips takes from exotic pairs...
  • #7
  • Oct 15, 2017 9:57am Oct 15, 2017 9:57am
When I say 1000 pips I mean net 1000 pips profit at the end of the month excluding all things. also many trades are taken on different prices with same lot size to keep option open for followers to follow with different lot size.

before I was opening lot with 0.1 but then few of my followers didnt had the option to go small because of their small account. so now with 0.01 lot which is minimal, they have freedom to increase lot size according to their account. one of my followers has 25k and he is following with 0.08 lot size.

so if he makes 1000 pips net he makes 800 dollars every month.
Legends only move ahead!!!
  • #8
  • Oct 15, 2017 10:01am Oct 15, 2017 10:01am
Quoting Michele86
{quote} many traders providing signals with guaranted pips BUT...these pips takes from exotic pairs...
good to know people are offering such thing, I tried to search but could not find one.
Legends only move ahead!!!
  • #9
  • Oct 15, 2017 11:33am Oct 15, 2017 11:33am
Quoting MuhammedTaha
When I say 1000 pips I mean net 1000 pips profit at the end of the month excluding all things. also many trades are taken on different prices with same lot size to keep option open for followers to follow with different lot size. before I was opening lot with 0.1 but then few of my followers didnt had the option to go small because of their small account. so now with 0.01 lot which is minimal, they have freedom to increase lot size according to their account. one of my followers has 25k and he is following with 0.08 lot size. so if he makes 1000...
did you really read carefully what i wrote?

because of different pip value with different currencies you cant say with 1000 pips you make xxx dollars.
i cant help you , when you cant see this basics. but i dont have the time today to teach this basics first.
  • #10
  • Edited 12:07pm Oct 15, 2017 11:35am | Edited 12:07pm
Quoting Michele86
{quote} many traders providing signals with guaranted pips BUT...these pips takes from exotic pairs...
no good trader did count in pips, only bad traders and beginner traders. point. you will never find it different.
will this traders also calculating balance and not equity? its the same problem.

of course you are correct, there are many beginner traders and bad traders with providing signals, thats why this problem can happen.
  • #11
  • Oct 15, 2017 12:57pm Oct 15, 2017 12:57pm
Lol you are funny mate.....you wanna teach me? Well I am trading since 2008 and have seen it all.

As far as pip is concern I think babypips.com will be a good start for you. Take some time and read that website we will discuss pip again.


Good day .
Legends only move ahead!!!
  • #12
  • Oct 15, 2017 12:59pm Oct 15, 2017 12:59pm
I would like to see who else is providing money back offers....dear readers if you come across to any such trader please post it here.

Thankyou
Legends only move ahead!!!
  • #13
  • Edited 3:53pm Oct 15, 2017 2:10pm | Edited 3:53pm
Quoting MuhammedTaha
Lol you are funny mate.....you wanna teach me? Well I am trading since 2008 and have seen it all. As far as pip is concern I think babypips.com will be a good start for you. Take some time and read that website we will discuss pip again. Good day .
ah sorry, i thought you are total new in trading because of what you write and dont understand,

its amazing that still people who trade many years are at very basic level and dont want at least learn basics. and pip counting is really a point , new trader understand fast, because its extrem easy. and you cant see it even with help why its wrong.

why you ask some shall help you and give answers, when you dont want it and cant see that you are wrong. simple math would help you in this case, that your pipcounting gives always this xxx win will not work.

at least try to find your mistake yourself, it will improve your basic skill maybe faster.

but unbelievable, you look like 3 month trader with only simple basket 0,01 lot demoaccount and write you trade since 2008, never i have thought you are real in trading with this simple basic knowlegde. at least i am impressed often here to funny moments.

and really: when you are since 9 years trading at a level you show here, you should stop trading immediately and start learning basics first. there is a big problem on your side. i will not say more, but ask some people how incorrect all is what you tell here, maybe you will then believe other people more. but if anyone trust you that would be crazy (by what you have shown today here). near all your answers were wrong. selling signals and not knowing even easy basics is not funny. that will show you fake here a lot who you are, and you tell the people not who you are in reality and more who you want be maybe in some decades. at least i hope this 2008 trading starting was a big fake, because looking like a liar is maybe better for you then looking like total unexperienced be trying to selling signals.

by the way: what have this people who are bad in trading, often with this babypips website. it look the information there are not easy to understand, often people who are extrem wrong in basics will write this bullshit, that other people should look at this website.
  • #14
  • Oct 15, 2017 2:37pm Oct 15, 2017 2:37pm
Dukas_trader sums it up here:"why you ask some shall help you and give answers, when you dont want it and cant see that you are wrong."

I deleted my answer, cos battled the same feeling while tried to help you.
Got to the same conclusion, just after the send button was hit: you aren't looking for opinions. It is more of a self advertising.

Just one hint, cos I am a nice guy: high water mark, and money management for a fee...all is equal or better than your money back...cos there is simple no money front and no fee if no profit...not pips but real equity gains profit!! Look into it, if you want to.

Happy weekend!
there is always, always another trade!!
  • #15
  • Oct 15, 2017 4:33pm Oct 15, 2017 4:33pm
Don't worry. I'm sure he knows about how useless it is to count pips.

I tried to highlight the problem of tracking performance using pips vs percentages previously:

https://www.forexfactory.com/showthread.php?p=10139755#post10139755

Either they are truly retarded, or they are obsessed with big numbers. Take your pick.

1000 pips sounds impressive compared to 5% equity gain, but pips tell me nothing about the monetary gain.

Quoting profitfarmer
Got to the same conclusion, just after the send button was hit: you aren't looking for opinions. It is more of a self advertising.
I have the same opinion so this will be my only post on this thread.

If you want to guarantee anything then guarantee % equity gain with a live account over $1000, otherwise don't bother. Guarantee pips with a demo account is scam bait.
  • #16
  • Oct 15, 2017 4:47pm Oct 15, 2017 4:47pm
Quoting kenshin
Don't worry. I'm sure he knows about how useless it is to count pips. I tried to highlight the problem of tracking performance using pips vs percentages previously: https://www.forexfactory.com/showthread.php?p=10139755#post10139755 Either they are truly retarded, or they are obsessed with big numbers. Take your pick. 1000 pips sounds impressive compared to 5% equity gain, but pips tell me nothing about the monetary gain. {quote} I have the same opinion so this will be my only post on this thread. If you want to guarantee anything then...
correct. but why was he saying he trades since 2008 but dont know the smallest basics? that was the crazy part, so there can be only 2 ways:
1. he is a scammer and tries to cheat with his wrong pip counting, that he is much better then he really is. (like you did mention)
2. or second way he did not learn the easiest basic things in near 10 years of trading, then he will be a bad trader with a high chance, and thatswhy only use demo accounts and only mentions big private real accounts to fake he earned with own method.

both ways are bad, but because he write so wrong basic and looks like not knowing it better, its difficult to decide if he is scammer or only extrem unexperienced and liar.
  • #17
  • Edited 9:38pm Oct 15, 2017 9:18pm | Edited 9:38pm
Great suggestions keep them coming.

it is important to talk about pips and not equity because every follower has different account size.

5% of a million dollar account is alot compare to 5% of a 100 dollar account.

so a as provider best is to provide assurity of pips so people knows they will get 1000 pips for sure now its upto them to follow with how much money they want to follow.
Legends only move ahead!!!
  • #18
  • Oct 15, 2017 9:49pm Oct 15, 2017 9:49pm
Mate, you asked for a discussion which means you are really asking for advice.
The above posts have revealed the weaknesses in your offer & you are choosing to ignore the advice given at your peril.
Guaranteeing a specific or minimum profit is playing with fire for a start.
Calculating in pips.. Ditto.
If you are really serious in providing a service in an environment with loads of competition you need to guarantee your proficiency. Start a new LIVE account with at least $1000 & show what you can really do.
Combat crazy markets with crazy trading
  • #19
  • Oct 15, 2017 10:43pm Oct 15, 2017 10:43pm
Trade a real account if you are confident with your system. Demo counts for nothing. IMHO
  • #20
  • Last Post: Oct 15, 2017 11:05pm Oct 15, 2017 11:05pm
Quoting MuhammedTaha
Great suggestions keep them coming. it is important to talk about pips and not equity because every follower has different account size. 5% of a million dollar account is alot compare to 5% of a 100 dollar account. so a as provider best is to provide assurity of pips so people knows they will get 1000 pips for sure now its upto them to follow with how much money they want to follow.


What exactly is your gain defending indefensible.
Just learn and move on.
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