Signal provider - calculation
Mar 05, 2013 at 17:03
1,202 Views
3 Replies
Mar 05, 2013 at 17:03
The example given for a signal provider's 'pay' is something like #minilots x win% x #trades x .5 - - -
is this accurate? if so this then encourages 'trading' vs profiting in a trade right?
if I only make 1 trade per month - but make 25% of account balance -- - then being a signal provider has no benefit for me?
all questions - - as I am brand new here - -thanks in advance.
is this accurate? if so this then encourages 'trading' vs profiting in a trade right?
if I only make 1 trade per month - but make 25% of account balance -- - then being a signal provider has no benefit for me?
all questions - - as I am brand new here - -thanks in advance.
forex_trader_8139
Member Since Mar 04, 2010
423 posts
Mar 06, 2013 at 01:44
Hi,
There are 3 variables which are lotsize, % of winning trades and no. of trades. You can increase any of these to increase your'profit' as signal provider. This formula encourages over trading.
All the best.
Regards,
SIM
There are 3 variables which are lotsize, % of winning trades and no. of trades. You can increase any of these to increase your'profit' as signal provider. This formula encourages over trading.
All the best.
Regards,
SIM
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