petersurrey posted: I have never seen so many posts by 'one post' members - all very strange!
Signal Start's SERVICE ( vs systems) is faultless - no missed trades, excessive slippage ( unless it's your own brokers fault) delayed replies to queries or delayed refunded subs when the provider disappears - all excellent! The BIG issue I have with the site is the tens to hundreds of blatantly misleading systems; which front load profits ( by removing capital before closing profitable trades), martingale , grid, hedge - do anything to maintain huge fictitious profits before, predictably, collapsing. They know investors will flock to any system which can post a few weeks profit, thinking they've found the next big thing.
AS other posters advise - set your own filters and never enter any system without at least 3 months LIVE profitable trading on a regulated broker (ie not one they can fake records through), and good risk control - always start out trading mini lots, as almost certainly the the system will crash in your first week of live trading and ALLOW TIME to prove it is a long term winner.
IGNORE whatever the provider writes in the comments section as you can guarantee the system will trade completely differently; and set maximum balance loss and open trade drawdown loss to levels you can afford to lose.
I agree with you and a ranking system like that used by AutoTrade would be very usefull for the subscribers.
Great copy trade service! Fast response and totally automated. It'd be greater if you can add a feature of how many users are currently signed up for a provider and also a comment section on it. This will give prospective followers a better insight into the provider's system.
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