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How much do You Pay for a Winner System

  • #41
  • Dec 4, 2006 12:40pm Dec 4, 2006 12:40pm
Quoting turbokaos
If it was that good the maker of the system would guarantee the funds and and be killing on the performance fee and not the sell of the system.
Thanks very much for your feedback. However, I was wondering what would you do if you are convinced that the system for sale is really that successful.

I know there are many scams out there and I'm also not referring to an existing system. I was only wondering how much a trader would be willing to pay for a system that really makes money.
  • #42
  • Dec 5, 2006 8:01am Dec 5, 2006 8:01am
So far 95 people have cast their vote for this poll. If 5 or more people participate we have at least 100 participants and I'll have a better understanding what to do next.

Thanks very much to all those who participated in this poll.
  • #43
  • Dec 5, 2006 8:14am Dec 5, 2006 8:14am
96 now.
I voted 500-999.
Had I known more details, perhaps the vote would have gone for the higher prive range.
If I were you, I would probably offer it on a "demo" version with a specified fee. Should the person like it, he/she could then buy it for the fixed (higher) price. Unless, a history of forward testing is presented, in which case, a firm price would be acceptable.

Good luck with this project.
  • #44
  • Dec 5, 2006 9:21am Dec 5, 2006 9:21am
Quoting ssotiro
96 now.
I voted 500-999.
Had I known more details, perhaps the vote would have gone for the higher prive range.
If I were you, I would probably offer it on a "demo" version with a specified fee. Should the person like it, he/she could then buy it for the fixed (higher) price. Unless, a history of forward testing is presented, in which case, a firm price would be acceptable.

Good luck with this project.
Thanks ssortiro for your feedback.

I found out that I have a good taste to build profitable systems. Right now, my Pip_Boxer system - which is shared with everybody at FF for FREE - is making money for me and many others. I'm also working on other profitable ideas but won't reveal them until they are final and tested.

I'm thinking of picking one of the following options:

  1. Share them for free with others at FF (my preferred option).
  2. Sell them for a fixed price
  3. Sell signals for a subscription fee
  4. Share them for free with those who signed up with my broker of choice. I'll then be able to get a referral fee from the broker.

The latter was suggested by "Accrete" which by the way looks like a win win situation. You won't pay more (spread or commission) but receive extra support and I make some money by getting referral fee. In my opinion the only drawback of this approach is that you are limited to the broker or brokers that I have agreement with.

  • #45
  • Dec 5, 2006 9:33am Dec 5, 2006 9:33am
I'm sure you'll find the best way to do this.
Whatever you come up with, be sure to let us know.

Thanks for your efforts.
  • #46
  • Dec 5, 2006 10:27am Dec 5, 2006 10:27am
Quoting ssotiro
I'm sure you'll find the best way to do this.
Whatever you come up with, be sure to let us know.

Thanks for your efforts.
Thanks very much. I'll do but it takes time. I don't want to put poeple's money at great risk. They deserve to make money in this market.
  • #47
  • Dec 5, 2006 10:42am Dec 5, 2006 10:42am
I cannot comprehend why ANYBODY would pay for a system.

If you put in the honest effort and time to learn this market, you will have a winning system..

seriously, forex IS NOT ROCKET SCIENCE! anybody with a decent IQ, can create winning systems that fits their personality..

stop making other people rich....
  • #48
  • Dec 5, 2006 11:03am Dec 5, 2006 11:03am
Quoting hilmy83
I cannot comprehend why ANYBODY would pay for a system.

If you put in the honest effort and time to learn this market, you will have a winning system..

seriously, forex IS NOT ROCKET SCIENCE! anybody with a decent IQ, can create winning systems that fits their personality..

stop making other people rich....
I agree with you to some extent. If you decide to become a professional trader the chances tha you achieve this goal in a few months or at most a couple of years is very high. However, you've not considered people's priorities, personalities, and many other factors that may stop them from achieving this goal.

The forex market is full of losers. We hear from here and there that over 85% of retail traders are losers. Why do you think I should give up helping these 85%? I can definitely make a descent money because of my services and I do not deny that.

The fact that there are many forex scams out there doesn't convince me that I'm not elligible to help others and make money because of that.

I do not beleive in gigantic growth. None of my systems make you reach instantly. They keep winning and losing but if you stick with them they make you money. Isn't that important? A system that helps you stop losing and start making money.

Many of FF members are either professional trades or are in half-way to success but even about half of these people are willing to pay for a winning system. Please review the poll results and get back to me with your feedback. It would be great if I hear from you and know more about your way of thinking.


Good Luck
  • #49
  • Dec 5, 2006 11:23am Dec 5, 2006 11:23am
Early on in my forex training I purchased several trading strategies from various people. Some of these were good systems and some were scams.

I learned something from all of them. Then I found FF. I've learned more here for the price of study time than I learned from all of the programs that I purchased.


Terry Walters
  • #50
  • Dec 5, 2006 11:23am Dec 5, 2006 11:23am
Hello Al,

I voted for $0 but I think the solution 4 is the way to go. Because
1. You already find out the EA/strategy can work well with your broker.
2. You get paid and the user of EA also get paid by winning the market.

Hope you a great success.
  • #51
  • Dec 5, 2006 11:58am Dec 5, 2006 11:58am
Quoting gdf1953
Early on in my forex training I purchased several trading strategies from various people. Some of these were good systems and some were scams.

I learned something from all of them. Then I found FF. I've learned more here for the price of study time than I learned from all of the programs that I purchased.


Terry Walters
I quite agree with you. Purchasing an EA or a system is not the final solution to become a professional trader. Actually if you want to be a successful trader you need to be able to develop what you need based on your priorities but as you mentioned you may also need others help to achive your goals.

To me FF is one of the best resources online that you can find almost all you need to become successful. I owe my success as Forex trader mostly to FF and my mentor. I paid him $1200.00 but it was a good deal for me. Right now, I do not trade his methods but I've learned how to trade successfully.
  • #52
  • Dec 5, 2006 12:00pm Dec 5, 2006 12:00pm
Quoting Puppy
Hello Al,

I voted for $0 but I think the solution 4 is the way to go. Because
1. You already find out the EA/strategy can work well with your broker.
2. You get paid and the user of EA also get paid by winning the market.

Hope you a great success.
Thanks Puppy for your feedback. I also think this is a good idea. Actually I'm going to start a thread about it to get everybody's feedback.

Good Luck,
Al
  • #53
  • Dec 5, 2006 6:21pm Dec 5, 2006 6:21pm
As for a pay service or advisor I think most people would pay for something that auto trades for them profitably. A lot of us have full time jobs and can’t be in front of the computer when a trade presents itself. Also if you only sell to the people using your broker or only send trade signals you limit yourself to those available to trade at the time or those using your broker, thus decreasing your market mass. As for me and my trading friends, we would pay for a expert advisor that trades profitably without having to be there – as I am sure anyone else would. It is like free money and worth spending money to have.
  • #54
  • Dec 5, 2006 6:36pm Dec 5, 2006 6:36pm
Quoting tdp00re
As for a pay service or advisor I think most people would pay for something that auto trades for them profitably. A lot of us have full time jobs and can’t be in front of the computer when a trade presents itself. Also if you only sell to the people using your broker or only send trade signals you limit yourself to those available to trade at the time or those using your broker, thus decreasing your market mass. As for me and my trading friends, we would pay for a expert advisor that trades profitably without having to be there – as I am sure anyone else would. It is like free money and worth spending money to have.
Thanks very much for your feedback. It sounds reasonable. What if I give you all the options. I mean, you'll get it free if you sign up with my broker, or you'll have to pay for it if you want it installed on your machine, or pay a monthly fee to receive the signal.
  • #55
  • Dec 5, 2006 7:06pm Dec 5, 2006 7:06pm
Quoting aparsai
Thanks very much for your feedback. It sounds reasonable. What if I give you all the options. I mean, you'll get it free if you sign up with my broker, or you'll have to pay for it if you want it installed on your machine, or pay a monthly fee to receive the signal.
All options would benefit you and your market is much larger and the people are able to benefit from your service on any level that fits them. As for myself and I feel many others trying to do this FOREX thing full time eventually, but also struggling to increase our accounts to a point where that is possible – anything that automatically trades for us that cant be there to trade ourselves is worth paying for. Thus being the reason I feel a lot of us (myself included) are working with and testing the Box and <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City>. Any profitable trading system that lets us increase our accounts while we are at work and not able to take trades our self is worth paying for and will be readily accepted in any FOREX community. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

<o> </o>

p.s. thank you for the Box trader, I recently learned about it and only started demo testing it last week. Excellent work and if your pay system is as good or even better, I and I know my trading friends would buy it.
  • #56
  • Dec 5, 2006 7:13pm Dec 5, 2006 7:13pm
Systems aren't worth the money people are charging for them. If you learn how to trade, there is not a system that can produce better results than you. Because a system is attempting to place the price line in a box. What happens when the price brakes out? You guessed it, YOU LOSE! But if you learn how to trade, it doesn't matter what the market is doing, you will win. Because your decision to trade the trends will always be the same and always produce the same results. You can't go wrong trading the trend. Because you can only lose when make the wrong decision and go against the trend. And that wont happen a whole lot.
A. Finesse Williams Making Millions One Pip At A Time!
  • #57
  • Dec 5, 2006 7:37pm Dec 5, 2006 7:37pm
I don’t think it is a matter of learning to trade for some, some can trade profitably overall but just cant be by the computer when a trade offers itself. The problem is increasing our accounts to a point where we can be in front of the computer at a time when a trade signal is given and still pay our bills. Learning to trade I agree is absolutely the most important thing a person can do, but a short second is having an account that is worth trading in size. And I know I miss a lot of trade opportunities because I am not able to monitor when signals come or not able to take the trade if I know about them. Also a system that produces over 600 pips in just under two months is worth looking at. (which the Box has done on a live account)
  • #58
  • Dec 5, 2006 8:47pm Dec 5, 2006 8:47pm
Quoting tdp00re
All options would benefit you and your market is much larger and the people are able to benefit from your service on any level that fits them. As for myself and I feel many others trying to do this FOREX thing full time eventually, but also struggling to increase our accounts to a point where that is possible – anything that automatically trades for us that cant be there to trade ourselves is worth paying for. Thus being the reason I feel a lot of us (myself included) are working with and testing the Box and <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City>. Any profitable trading system that lets us increase our accounts while we are at work and not able to take trades our self is worth paying for and will be readily accepted in any FOREX community. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

<o></o>

p.s. thank you for the Box trader, I recently learned about it and only started demo testing it last week. Excellent work and if your pay system is as good or even better, I and I know my trading friends would buy it.
Thanks very much. I can assure you that my future systems are even better than Pip Boxer.
  • #59
  • Dec 5, 2006 8:48pm Dec 5, 2006 8:48pm
Quoting tdp00re
I don’t think it is a matter of learning to trade for some, some can trade profitably overall but just cant be by the computer when a trade offers itself. The problem is increasing our accounts to a point where we can be in front of the computer at a time when a trade signal is given and still pay our bills. Learning to trade I agree is absolutely the most important thing a person can do, but a short second is having an account that is worth trading in size. And I know I miss a lot of trade opportunities because I am not able to monitor when signals come or not able to take the trade if I know about them. Also a system that produces over 600 pips in just under two months is worth looking at. (which the Box has done on a live account)
Thanks very much. I wish you luck.
  • #60
  • Dec 5, 2006 9:25pm Dec 5, 2006 9:25pm
hi,

i think sharing wouldnt do any harm in market yo, cuz even if u share the best indicator or winning system and the person u share cant use it well or go with what it do, itll be the same u still can be profit and loss too.


thats all
regards


lets kick some red pips to turn green lolz
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