Fabulous trading! I'm glad I wasn't the one having to decide when to take profit on all those trades.
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Go to signalstart.com and learn how that service works. Some signal providers suggest a minimum amount for their signal. You have to look at how much you might earn based on your investment and compare it to the cost of the subscription. Signal Start charges $25/month per account in addition to the charge for the subcription to the signal. I pay by credit card. The Signal Start site has information as to whether there are other options to pay.
This particular signal has become very expensive, because Wassel2017 now prefers people subscribe through a MAM. You can send him a private message through this site (not through Signal Start) and ask him about the MAM. If you subscribe through a MAM, his fee is automatically deducted from your trading account.
@eddiegarcia if you google Laffer curve you may see what I mean. For any product or service for which the provider maximises return, just as for any government, there are optimum tax oor price points. Once you start going higer in tax or charging more for a product the actual return made falls. I suspect that changing the price from $250 to $500 will cause a fall in total subscriptions for Wassel2017, which probably is not the aim. For him to make more money he should actually reduce the subscription price and the number of new users would most probably mean total return is higher. Given that 250 is already far ahead of most subscriptions (which are generally 30 to 60) I think he is already far beyond the revenue maximisation point. Either way I would be interested to see how the numbers change, as far as I can see no one on signalstart charges $500 and there are quite a few decent services charging 30 eg Maximus.
why double it? because it is worth it
Worth is not the issue, the question should bne maximisation of income surely, that is best achieved through multiple revenue streams, increasing the cost of one by 100% will not necessarily drive all users to the MAM , for various reasons including regulatory (which can restrict region of allowed access) and the use of a broker by force rather than choice. Surely the aim of any supplier is to provide a good service with repeat users and to maximise the channels of purchase, directing everything to one MAM creates a vulnerability. I have no issue with the quality of the service, my comments are purely about the business model overlaying the service. Happy to chat directly as I have other ideas, I am not too hard to find.
What a wonderful month.
Keep steady and low risk.
You are one of the best traders.
Keep steady and low risk.
You are one of the best traders.
Thanks from me, too.
Good job ! Thanks a lot.
Nice week again, thanks Wassel
also is it best i set up cent account to copy this system?
How do you setup 0.01 lot opening per 1000$
Can someone please explain where i put this setting in signalstart
Can someone please explain where i put this setting in signalstart
@ginko33, Thanks for explaining how to find the place to specify fixed lots. However, for myself I prefer to just set the multiplier. That way, as my account grows, Signal Start will automatically increase the size of trades, keeping the same proportion to my balance. If I set fixed lots, I will have to change that value manually each time my balance has grown significantly.
I have used this approach (just setting the multilplier) for another signal I have followed for several months. Another advantage is that when I withdrew funds, the volume of each new trade automatically decreased by the same percentage decrease in my balance as a result of my withdrawal.
I have used this approach (just setting the multilplier) for another signal I have followed for several months. Another advantage is that when I withdrew funds, the volume of each new trade automatically decreased by the same percentage decrease in my balance as a result of my withdrawal.
What if your account is uding a lower leverage than 1:100 does it maky any difference when copying?
Hi,
saidatta77 asked you about MAM/PAMM system. Your answer was that it is being implemented. What status of this project is now? Do you continuing in project?
Thank you for your answer or from everybody who know something about it.
saidatta77 asked you about MAM/PAMM system. Your answer was that it is being implemented. What status of this project is now? Do you continuing in project?
Thank you for your answer or from everybody who know something about it.
Wassel2017 I have written answer to your message, but I dont know if you have it. There are sometimes issue with messages. Thank you
sorry *gedult=patience