aeronthomas posted: I am looking to find some good signal providers and EAs for my investment funds after some years of manual trading. I need to spend less screen time and am looking to outsource management of my portfolio to several signal providers and EAs to minimise risk. I note there is already a thread that has many different systems, but many are demos' martingale, unverified, high drawdown etc.
I am inviting traders who meet very select criteria below to advertise their account here.
The criteria :
1) The account must be real $$ - no demo's/no cent accounts. I know that sometimes demo accounts if longer term strategies and not scalpers can be very close to performance in a real account, however the vendor is not risking real funds, so trading psychology is different, there are many examples of scam vendors on here using demo accounts or cent accounts to provide signals / EAs. 2) The account must be verified track record and importantly trading privileges. 3)DD must not be higher than 40%. Accounts with a monthly return close to the maximum DD, looked upon most favorably. 4)The account must be older than 3 months to be added to my watchlist for consideration. 5)No martingales 6) History of closed trades must be open (including lot sizes), open trades can be hidden.
Feel free to post other accounts you come across that meet these criteria but may not necessarily be your own.
Strongly suggest staying away from this system. The vendor is preemptively blocking the people on this site who expose scams, including myself without me even commenting. This is a really bad sign. That and it's a cent account running a signal. Be warned.
looks great a lot to like about this system, real live verified account, monthly return on average is approx the size of the max drawdown, average win 3 times average loss, trade duration only 4 hours ( I like trades in and out fairly quick, not systems that hold losses for days). Only concern is that many trades with very low pip gain so on a true ecn broker some of these would be losses with $7 commission, and perhaps slippage would also be a concern with these, I believe FBS would be a market maker broker, b book?. Would have to try it on a true ECN broker to see how it did. cheers
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