I have been getting the same questions about automated signal service form a lot of members, so I decided to write this blog post and explain everything in more detail so if anyone has similar questions they can get their answer by reading this post.
Alright.. lets get into it.
What is the difference between manual or automated signal service?
The Automated Signal Service is basically a service designed for those of you who want to use my signals in your trading but are too busy in your personal life to stay around waiting for signals to come in and manually opening trades on your trading account. so its basically a method which helps you take advantage of all the trading opportunities I share on my signal service without devoting much time to the process.
Will you have access to my personal information like trading account passwords?
No. Due to regulations, I cant initiate trades on your account directly without being licensed and regulated. so the service will be offered as an educational service (you are watching my trades to learn how to trade) so the copy-trading system I will offer, will work via a demo account. meaning you will open a demo account and my trades will be copied on that demo account via a trading bot (EA) and then the rest of the process, will be done by you. meaning you will be the one linking that demo account to your real trading account via the copy-trader bot (EA) I give you, so I will never have access to your personal information or account passwords.
How can I regulate my risk on the trades? what if you trade big lots and my account is too small for those trade sizes?
The copy trader bot will have setting options for risk management. meaning once it copies my trades to your demo account, it will automatically run the calculations to adjust the volumes relative to account balance. so for example, if I’m taking trades on a $100000 account balance, and your account balance is $10000 the system automatically lowers the volume of my trades to match your account. so my 1 lot order will be copied to your account as a 0.1 lot order to keep the risk the same.
but there will also be a setting option for increasing or lowering the risk even more by the client. so for example if you think I’m being too conservative with my own trades, you can choose to copy my trades with %10 more risk.. or if you are more conservative than I am, you can choose to always copy the trades with %50 less risk. basically you will be in charge of how much risk is taken on your real trading account by setting up the bot the way you want it to work for you.
Will you take performance fee from profits?
No. as I’m not the one taking trades for you (the bot is!) I’m technically not a fund manager and I won’t be taking any performance fee from the profits. you will only have to pay the subscription fee to the bot, which is $50 per month. So whether you make $100 from trades or $10000 I will take only $50 subscription fee and the rest will be yours.
When will the service get ready? if I buy the discounted time period now, will it start from time of purchase or when the service is launched?
I think if I get the required funding, I will be able to launch the service in 3 months time. and if you purchase a support package now, you can keep the purchase for as long as you want and initiate it from whenever you want. which means your time wont start running out as soon as the service is launched.. you can even keep it until you feel you are ready to use it.. even if that is 6 months after I have launched the service.
How can I purchase a support package?
If you are a member of this website, you can head over to THIS page and purchase any one of those support packages you want. but the same packages are available for purchase via my Telegram Bot so you can buy your package via the bot if you are on your phone.
Can I purchase multiple packages?
Yes you can purchase multiple support packages but you can only buy one of each package type. so for example you can purchase both a discounted package for manual signal service and another package for automated signal service.. but you can’t purchase the same package, manual signal service for example, twice.
If you have any questions, leave them in the comment section below and I will answer them and add them to this list.
Thank you all for the continued support