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Selling my signals

  • Post #1
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  • First Post: Dec 23, 2017 9:24am Dec 23, 2017 9:24am
  •  Michele86
  • | Commercial Member | Joined Oct 2016 | 125 Posts
Hi there,

i have question for guys that have informations about services where i could to sell my signals. MQL5 has low subscribers, i now prefer MYFXBOOK. Anybody could me advice some better service? Too much sites and platforms. Thanks
  • Post #2
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  • Edited 12:16pm Dec 23, 2017 11:57am | Edited 12:16pm
  •  kaiser soze
  • Joined Jan 2014 | Status: Member | 449 Posts
You can start with Telegram........with trial period of course.....word of mouth spreads like fire....you'd have to post this on commercial section, of course.
 
 
  • Post #3
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  • Dec 23, 2017 4:24pm Dec 23, 2017 4:24pm
  •  Artcool
  • Joined Jun 2016 | Status: VIP | 499 Posts
Quoting Michele86
Disliked
Hi there, i have question for guys that have informations about services where i could to sell my signals. MQL5 has low subscribers, i now prefer MYFXBOOK. Anybody could me advice some better service? Too much sites and platforms. Thanks
Ignored
If you are a honest and reliable long term trader, you will not find anything.
SignalStart, the one one from Myfxbook, will charge you 30% of the subscription price, $25 fee and they will still charge $25 per month from the subscribers. And their performance rankings will give strong advantage to gamblers who will use w little money with huge leverage, or will not close the losers, or will add some money and this is going to be enough to trick the ranking metrics.
Don't give up on your dreams. Keep sleeping.
 
 
  • Post #4
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  • Dec 23, 2017 4:42pm Dec 23, 2017 4:42pm
  •  braintheboss
  • Joined Nov 2012 | Status: Coder | 8,518 Posts
The best signal service is one made by yourself. No commissions and full control about how signals are sent. Mql5 web have a lot of problems with signals delayed or not sent for broker/signals service faults...
Try don't lose pants never...
 
 
  • Post #5
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  • Dec 24, 2017 4:51am Dec 24, 2017 4:51am
  •  Michele86
  • | Commercial Member | Joined Oct 2016 | 125 Posts
Myfxbook looks good, but problem is...when i sell intraday levels, some users couldnt make profit by brokers with bad spreads, slippage etc. Same thing is signal start where are lot of scamers with tousand % profit and customers doesnt have good experience with this accounts. Maybe it is perfect reason to have a website where i sell levels via telegram, but there is so dificult to promote this site and find customers.
 
 
  • Post #6
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  • Dec 24, 2017 8:19am Dec 24, 2017 8:19am
  •  Artcool
  • Joined Jun 2016 | Status: VIP | 499 Posts
Quoting Michele86
Disliked
Myfxbook looks good, but problem is...when i sell intraday levels, some users couldnt make profit by brokers with bad spreads, slippage etc. Same thing is signal start where are lot of scamers with tousand % profit and customers doesnt have good experience with this accounts. Maybe it is perfect reason to have a website where i sell levels via telegram, but there is so dificult to promote this site and find customers.
Ignored
I think it's not worth. It was possible some 10 years back. Even before trade copying software were even available, it was fairly possible to even sell signals by SMS and/or email...I think this looks silly now. But at that time, it was the norm, and I am sure a lot of signal sellers made a huge money out of it. It was not unusual to get hundred of subscribers per month. And even Myfxbook didn't exist at that time so the subscribers were just relying on the performance details shown in the signal sellers's website!

Then came the trade copying software, with Fxblue (formerly mt4i) being the most popular, because it was free up to 10 subscribers.

All signals sellers switched to this. But the quality was so low that they ruined the business.

If you keep digging, you will eventually figure out by yourself that people interested in Forex are now only looking for a quick rich scheme and are even willing to take the risk to lose their money. This is the only kind of service that can still work but the competition is very rude and unfair. You will have to target around 1000% per month and more, because this is what people see in the top of the signals ranking and even then, they just get very few subscribers. And then, if you can make that kind of return per month, even in you can lose everything 80% of the time, why would you bother go looking for a couple of guys who can give you 50 bucks per month (actually for only one single month, because you will crash your account before the second month).

My advice would be to focus solely on your own trading.

Hope that helps.
Don't give up on your dreams. Keep sleeping.
 
 
  • Post #7
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  • Dec 25, 2017 10:26am Dec 25, 2017 10:26am
  •  kaiser soze
  • Joined Jan 2014 | Status: Member | 449 Posts
If you plan to do Telegram then you should start with a facebook and twitter account to help you get clients.

........as for trade copier:


These guys are pretty reputable.....maybe contact them

https://en.simpletrader.net/
 
 
  • Post #8
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  • Dec 25, 2017 11:28am Dec 25, 2017 11:28am
  •  Michele86
  • | Commercial Member | Joined Oct 2016 | 125 Posts
Thank you. I am thinking about selling by telegram with trial period and myfxbook.
 
 
  • Post #9
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  • Last Post: Oct 2, 2018 2:07am Oct 2, 2018 2:07am
  •  split15
  • | Joined Nov 2013 | Status: Member | 16 Posts
does the professional traders really sell a signals, if they make a good money already, if by selling signals they will not make as much as by trading only for themselves, or why you want to sell signals if you are pro traders and will not make very good money from selling signals?

if you trading with lot 100, is it smart to sell signals if the others trade also trade with lot 100, because of maybe then lack of liquidity?
 
 
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