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Re: Is there such a thing as profitable signals provider?
Draw downs are to be expected, as long as you do not risk more then 3-5% of your account you should be fine. Also one should look for the consistency and pay only when profits are achieved. Our funds for example you do not pay a fee unless a high water mark is achieved. Losses are also carried over and must be overcome before billing can resume. Services that provide this type of service do exist and remove the doubt from results. They dont get paid unless the clients profit. They are also "punished " so to speak for doing poorly. The business model has worked well for years in the hedge fund industry and is slowly making its way into this market.
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