Quoting YacobDislikedI can pay more than $1000 if the winning system can make more than 100 pip a day. If less i won't payIgnored
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Quoting YacobDislikedI can pay more than $1000 if the winning system can make more than 100 pip a day. If less i won't payIgnored
Quoting accreteDislikedMy thoughts...
...
LOL. Here's an idea. Why not have a system that works on XYZbroker and you are an IB and the hitch is that those who wish to use your system can do so for free as long as the system is traded on an account that lists you as the IB? You could literaly make tens of thousands of dollars as an IB if the model was a winner. That might be a Win, Win situation.
Just rambling and having fun.
ThomIgnored
Quoting MoeDisliked$50,000Ignored
Quoting ycompDislikedwhere's the option for nothing upfront but a % of profits?Ignored
Quoting aparsaiDislikedHey Thom,
I didn't get this paragraph. Could you elaborate?
Thanks,
AlIgnored
QuoteDislikedLOL. Here's an idea. Why not have a system that works on XYZbroker and you are an IB and the hitch is that those who wish to use your system can do so for free as long as the system is traded on an account that lists you as the IB? You could literaly make tens of thousands of dollars as an IB if the model was a winner. That might be a Win, Win situation.
Quoting bmwboyeeDislikedso you are another dealing desk? is that what you are saying?Ignored
Quoting aparsaiDislikedNow that's something.Ignored
Quoting accreteDislikedSure, here is my quote again so i have it here for reference:
I know that there are upcoming regulations on becoming an Introducing Broker, or at least that is what i've heard. Anyway, for know, one can still sign up with certain brokers (just make sure your "system" can work with them!) that will allow you to introduce people to them and you get a % of the spread. Lets say you are an IB for XYZbroker that has a 3 pip spread on the EUR. If a person wants to use your system they will need a broker that can use the software anyway right? So they sign up with them and the spread on E/U is 3 pips for anyone with them. BUT, you have them list you as the IB and you get a % of that spread paid to you by the broker. The end user's spread is still the same as all clients so it is not like they are paying any more for it. I know an IB acquaintence that made over 50K last year just on IB fees and he is just a regular Goe like any of us here.
What i'm saying is there is big bucks in being an IB and the end user is not being effected by listing you as the IB, they would pay the same spread anyway. It is just a thank you of sorts for letting them use such a great system.
Hope that clarifies a bit?
: ) ThomIgnored
Quoting aparsaiDislikedThis is an interesting concept. I'll talk to my broker about it ASAP.
Thanks ThomIgnored
Quoting cbrock5000Disliked...That way he receives $5 for every lot traded after...What do I care if he receives $5000 because the broker is receiving the 3 pips anyway and yet he is giving me a service...Ignored
Quoting cbrock5000DislikedAlso, I am not ever willing to buy software without recommendations from someone I know (website testimonies don't count). I often buy software from vendors where I can try before I buy. That way I know what I am buying and am not willing to do without it, and therefore willing to pay more. If I don't like the software you didn't want me as a customer anyway!Ignored
Quoting cbrock5000DislikedAccrete has a good idea. I use one of the sponsored brokers by this forum where I was referred. The referring party provided a link and supplied me with some custom indicators only if I used the link to the broker and signed up using the referring party id of his. That way he receives $5 for every lot traded after all of his referred clients traded a total of more than say 500 lots (or whatever the minimum is for the broker to begin paying him). Then the broker pays you $5 per lot retroactive back to lot #1. If I trade 1000 lots this year ...... you get the picture $$$$$$$$. What do I care if he receives $5000 because the broker is receiving the 3 pips anyway and yet he is giving me a service.
Also, I am not ever willing to buy software without recommendations from someone I know (website testimonies don't count). I often buy software from vendors where I can try before I buy. That way I know what I am buying and am not willing to do without it, and therefore willing to pay more. If I don't like the software you didn't want me as a customer anyway!Ignored