Several signal providers with one broker accounts for the compounding effect

richhand

Tham gia từ Jan 27, 2016 32bài viết

Apr 21, 2016 at 06:20

Tham gia từ Jan 27, 2016 32bài viết

10x the profit from the power of compounding using one broker account for all signals or using one account for each signal?

Copying several signals providers all into one broker account can greatly increase the profit using the power of compounding but this can increase the drawdown too, especially if some of your signal providers use similar systems.

One option is to turn down the multiplier to say 0.5 for each system cutting the DD in half but still greatly benefiting from compounding.

I am interested in any experience on this subject. Thank you

richhand@

togr

Tham gia từ Feb 22, 2011 4573bài viết

Apr 21, 2016 at 07:39

Tham gia từ Feb 22, 2011 4573bài viết

Hi Richhand,

it is interesting idea. But to minimize DD you need to evaluate signals correlation so they do not have DD at once.

I was actually trying to achieve this on one account with EA. I believe it is working:)

https://www.myfxbook.com/members/togr/caesar-multi/1528728

richhand

Tham gia từ Jan 27, 2016 32bài viết

Apr 21, 2016 at 10:05

Tham gia từ Jan 27, 2016 32bài viết

So you have several signals copied into that accout?

I noticed that Signal Start charges $25 per broker account link which encourages combining signals anyway.

richhand@

togr

Tham gia từ Feb 22, 2011 4573bài viết

Apr 21, 2016 at 12:58

Tham gia từ Feb 22, 2011 4573bài viết

richhand posted:
So you have several signals copied into that accout?

I noticed that Signal Start charges $25 per broker account link which encourages combining signals anyway.

Nope I optimized EA to work on multiple pairs.
On Signal start you need also to pay signal provider which costs you like $80 a month.

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Several signal providers with one broker accounts for the compounding effect