We are very well aware of what many signals providers are. When trading many of the lots they take a very small number of pips, 5 to 15 on the average. As they send the signal some time passes before the client can repeat the signal on his forex broker account.
During this time the price changes and as a result operations showing a 5 to 15 pips result may often turn out subdued to losses for the client. For instance, if one gets 5 to 10 pips profit while operating 10 lots the shown profit will be 50 pips. And then one can show many deals of the kind. That's why a lot of signals providers' clients grow disappointed with the service. Companies show good profits but in reality the clients suffer losses.
Another negative feature of many of the signals providers is that they don't use Stop Loss while trading. That's a very high risk. At times the possible loss may be disastrous, up to 1000 pips or more. At times the price unfolds and the loss decreases but at other times the price might never unfold which may lead to a catastrophe. I believe that's unprofessional.
Another thing signals providers do is sending their clients nonexistent opening and closing prices. Those prices just never were real. Hence, what we get from many of the signals providers is:
-Few pips + many lots = loss
-No Stop Loss usage = catastrophe
-Showing nonexistent prices = fraud
These are the shortcomings that I would like to exclude from my service. I have been operating on the forex market for 6 years. Over this period, I have gained an experience in forex brokers companies, signals providers and as a single trader. The acquired knowledge helped me to develop a correct understanding of the market and single out competent methods. When I open a position on the market, my minimal entry goal is 50 pips and desirable is 100-150. When trading, I always use Stop Loss at a maximum value of 200 pips, but in most cases it is less than 100 pips. All the prices I send to my clients are current market prices that I derive from FXCM.
So, this is what I can propose you:
-Goal of 50 pips and more.
-Using Stop Loss as a MUST
-Real prices and no fraud
I think that my clients do not need to sit at their computers all the time waiting for my signals. I send SMSs with trading signals through Clickatell, besides, all the signals are delivered via e-mail.
You may always review the information concerning the current opened positions on Trading&Performance web page. But you will find no prices there. Opening and closing prices, SL, TP and other changes will be available to subscribers via SMS messaging and e-mail only.
I also would like to make a SPECIAL offer for all my clients. One of the subscription options is payment for net profit in pips. You will pay just for your profit. For example, you have signed up for 500 pips. I will send you signals until the number of +500 pips is reached. In case of drawdown (for example, of 200 pips), I will send you signals for 700 pips (500+200). As you see, you will pay for net profit that has no time limitations.
Ronn |
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