You are right I want to get 50% not over, but for the moment I can’t add funds, please consider that I have done restrictions for eveyone, I choose them because of their low DD and few open trades at the same time.
I think this team has great potential.
Please share yours. When all can earn from each others sharing.
None of them! That’s my team I was talking about “+trade often” a SP with long trading history but in the end he got a DD of almost 10000 pips. With 30 open position allowed this happen, soon or later.
This is generalization and so not the case !!!
Please show me a SP ( with a realiable decent ranking top 60 e.g.) that is acutally in that category : one year + trading and dd of 10000 pips
Forex cruise control is another example, he asked to followers to allow 7 slots but he only usually needed 2-3 max 4, and when the DD happened he used all the seven trades allowed and even more. Huge DDs happen by allocating too much slots and or oversizing them. There is only one way to get profitable on the long run: portfolio diversification ( I mean both cross traded and SPs ) limiting exposure with each traders. And obviously each one has to monitoring his team day by day, adding new one profitable and deleting others who at that moment are not.
Am a Conservative trader. So capital preseveration is number one. See too many of my friends burst their account. Am into Forex trading for the long term so small consistent profit is good for me.
Hello folks, can some of you guys elaborate on what kind of restrictions exactly do you give your SPs? Limit to just 2-3 trades for each SP? Or other limitations?
@tjhinn It all really depends on how much equity you have , your risk that you are willing to take , the recommendations of a signal provider , i may leave 10 max open trades per provider but i do have the equity to hold any major drawdown. Before assigning your max open trades per provider and any other changes first read carefully your sp profile , or ask him a question about his strategy and what he recommends.
deppending on how turbulent times are - meaning in excess volatility, yes i limit up to 5 trades, but when markets are relaxed i can go up to 30 if i like the SP.