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What is your most important factors when choosing signal to subscribe?

Professional4X
Jun 11 2019 at 01:16
1189 mensajes
JuanJoel posted:
I think that's a bold statement of yours, and I actually ponder if you've used any signal provider at all.

Bots and people who promise big returns I agree with you, those people are the ones who are trying to make a quick buck on desperate people who also want to make a quick buck, but you can't take all the people who actually try on this niche and base on 'bottom feeders'.



I stick by my original statement.


People who sell EA, Bots, and signals are bottom feeders who make money on the false hopes and dreams of others, always promising big returns, but usually only providing big losses and blown accounts.


As a professional Quant with 30+ years of experience in the industry and more specifically the technology sector, and after having done extremely in depth analysis of thousands and thousands of signals being provided by people, I have yet to encounter a signal provider which truly lives up to the expectations of the investor or is truly able to live up to the hype that they profess to their potential clients.

I have personally tested tens of thousands of EA and similar bots on just about every type of investment terminal available, and I can say that with absolute certainty that NONE of them work over the long term because they cannot truly adapt to the vast conditional presented in the markets.

While I readily admit that there are some signals and publicly available bots that will indeed make money, in the end however 100% of them will fail and lose money because they are absolutely incapable of adjusting to the actual conditions that the market presents.




If it looks too good to be true, it's probably a scam! Let the buyer beware.
Enyinnaya
Jun 11 2019 at 10:00
9 mensajes
Professional4X posted:
JuanJoel posted:
I think that's a bold statement of yours, and I actually ponder if you've used any signal provider at all.

Bots and people who promise big returns I agree with you, those people are the ones who are trying to make a quick buck on desperate people who also want to make a quick buck, but you can't take all the people who actually try on this niche and base on 'bottom feeders'.



I stick by my original statement.


People who sell EA, Bots, and signals are bottom feeders who make money on the false hopes and dreams of others, always promising big returns, but usually only providing big losses and blown accounts.


As a professional Quant with 30+ years of experience in the industry and more specifically the technology sector, and after having done extremely in depth analysis of thousands and thousands of signals being provided by people, I have yet to encounter a signal provider which truly lives up to the expectations of the investor or is truly able to live up to the hype that they profess to their potential clients.

I have personally tested tens of thousands of EA and similar bots on just about every type of investment terminal available, and I can say that with absolute certainty that NONE of them work over the long term because they cannot truly adapt to the vast conditional presented in the markets.

While I readily admit that there are some signals and publicly available bots that will indeed make money, in the end however 100% of them will fail and lose money because they are absolutely incapable of adjusting to the actual conditions that the market presents.






So with all your experience have you developed a bot that can trade successfully in the long term?

Professional4X
Jun 11 2019 at 10:27
1189 mensajes
Enyinnaya posted:
So with all your experience have you developed a bot that can trade successfully in the long term?


Would it matter if I said yes? I could just as easily be lying about it.

In reality I do have a number of tools that I have created for my own use.
I do not sell anything, nor will I help manage any funds for anyone.

Basically I use MTF (multiple time frame) analysis to determine the short term, mid term, and long term trends.
I trade with a 30pip stoploss, if the trade goes beyond 30 pips it's a bad trade, and I just kill the ticket and wait for the next setup. If the price comes back up, then I will open a new ticket in place oft he one that I just closed.

I use 50% to 75% of the daily ATR for my takeprofit level.

I trade small ticket sizes, and then step additional tickets into my trade basket as the previous trade goes into profit.










If it looks too good to be true, it's probably a scam! Let the buyer beware.
momo3HC
Jun 15 2019 at 12:46
166 mensajes
Generous posted:
Why do people not invest in MAM's rather then signal services? Is there not a conflict of interest (paying monthly to subscribe irrelevant of the results)?


Any good suggestions?

peralta
Jul 03 2019 at 11:18
5 mensajes
1. Longer trading record
2. Monthly gain
3. Low drawdown
4. Strategy
5. EA/manual
6. Trader own capital
7. If using the same broker

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