trading signals

TradingFXVPS posted:
Hi @Ethanishere

A few key factors to take note such as low drawdown below 15%, moderate max drawdown below 40%, decent annual profit e.g. 20-50% per year and lastly long duration tracks record such as more than 12 months of verified performance.

Regards,
TradingFXVPS

MvTradeselliot posted:
If you referring to trading signals produced by your trading system, the key factors should involve your hit-rate( winning percentage) that's pre-determined through back-testing, and your position sizing will also play a big role in the reliability of the signal. Make sure to adhere to risk management also in order to keep what you've made.

If on the other hand you referring to paid trading signals from another trader or community, there is no factor to pre-determine the effectiveness or reliability until you actually try them out, because there is lack of authenticity among most people who sell signals, and these will not make you a consistently profitable trader, but you can make money but not consistently.

Ethanishere posted:

TradingFXVPS posted:
Hi @Ethanishere

A few key factors to take note such as low drawdown below 15%, moderate max drawdown below 40%, decent annual profit e.g. 20-50% per year and lastly long duration tracks record such as more than 12 months of verified performance.

Regards,
TradingFXVPS

Hmm, thank you for providing all of that info. So, you know any source that can provide such a signals?

TradingFXVPS posted:

Ethanishere posted:

TradingFXVPS posted:
Hi @Ethanishere

A few key factors to take note such as low drawdown below 15%, moderate max drawdown below 40%, decent annual profit e.g. 20-50% per year and lastly long duration tracks record such as more than 12 months of verified performance.

Regards,
TradingFXVPS

Hmm, thank you for providing all of that info. So, you know any source that can provide such a signals?

Hi @Ethanishere

There are many signals platform and providers out there in the market that allow you to filter a strategy that fulfill such criteria, a classic example would be signalstart platform.

Do your own home work and due diligence before copying any strategies.

Regards,
TradingFXVPS Signals Team

MvTradeselliot posted:
If you referring to trading signals produced by your trading system, the key factors should involve your hit-rate( winning percentage) that's pre-determined through back-testing, and your position sizing will also play a big role in the reliability of the signal. Make sure to adhere to risk management also in order to keep what you've made.

If on the other hand you referring to paid trading signals from another trader or community, there is no factor to pre-determine the effectiveness or reliability until you actually try them out, because there is lack of authenticity among most people who sell signals, and these will not make you a consistently profitable trader, but you can make money but not consistently.

Ethanishere posted:

TradingFXVPS posted:

Ethanishere posted:

TradingFXVPS posted:
Hi @Ethanishere

A few key factors to take note such as low drawdown below 15%, moderate max drawdown below 40%, decent annual profit e.g. 20-50% per year and lastly long duration tracks record such as more than 12 months of verified performance.

Regards,
TradingFXVPS

Hmm, thank you for providing all of that info. So, you know any source that can provide such a signals?

Hi @Ethanishere

There are many signals platform and providers out there in the market that allow you to filter a strategy that fulfill such criteria, a classic example would be signalstart platform.

Do your own home work and due diligence before copying any strategies.

Regards,
TradingFXVPS Signals Team

"Do your own home work and due diligence before copying any strategies."

Yeah, I gotta do that first, but who doesn't like to earn more? even though it's hard to rely on signals, yet I take advantage of it if i find any.