PLEASE NOTE THAT THIS IS AN PROPOSED SERVICE

AT THIS STAGE.

ANY FEEDBACK WILL BE APPRECIATED

Are you tired of seeing other Robot traders succeeding while you are battling?

 

No need to wonder whether you will develop the skills to earn above average Robot trading income

LONG AWAITED ROBOT TRADING ACCOUNT LINKING SERVICE

 

You may have noticed that there have been no trading videos published by Expert4x. That is because I am currently on an 9-week international holiday which is very important after 2 recent heart related hospitalization scares. Ironically, I have now contracted severe Covid in the UK preventing further travel for a while.

 

This time on holiday has given me time to reflect on the problems many clients are encountering, and I have realized that Robot trading is not that easy for many traders new to robot trading or are struggling to succeed.  There is a long learning curve then getting into Successful Robot Trading.

LINK YOUR ACCOUNT TO A PROVEN SUCCESSFUL STRATEGY

You may have noticed that many Robot traders in our trading competitions, forums and external reviewers have reached the level where they can trade independently and don’t need to rely on others for their success. They are generating considerable returns.

So, we are busy creating a linking service between our successful Robot traders and those who are still struggling to be successful or are new to trading. The service will not only link the transactions but will also provide guidance on whether the traders linking to the service are using appropriate position sizing, have the appropriate account size, leverage etc. according  to the account being copied

We are busy developing very specific Robot trading copying software to make sure that users do not expose themselves to excessive risks that will typically cause big losses or blown accounts

You will be able to use the service using any broker account if it meets the leverage, minimum account balance etc. requirements of the signal provider.

Most services will be based on a minimum of a $1 000 account

Signal providers will be compensated based on the how often their signals are used (more details later). Signal providers will link their accounts to the FXBlue service once the service starts. Only robot generated signals will be allowed. Non Expert4x Robots will also be allowed.

You do not have to own the Robot that you are linking to. Both signal provider or accounts being copied to can be demo or live accounts.

There are many obstacles that cause traders to lose a lot of money very early and during their robot trading careers. These include:

  1. Unrealistic expectations, like believing that optimized, shared set files will guarantee success (Settings will work for any broker account, any instrument and any market conditions)
  2. The inability to match position sizing to the account size used (trading $10 000 settings on a $500 account or trading too many instruments on a small account)
  3. Putting all your eggs in 1 basket trading approach (not spreading risk by using many diverse successful strategies)
  4. The high cost and time required to do Robot trading (Cost of Robots, Adequate Computers to do optimization and trading, VPS expenses, Data and internet services, etc.)
  5. The skills that have to be mastered - Optimization, testing, selecting the best settings, Know the functions all settings,  fixing failing Robots, Portfolio management etc.
  6. The inability to develop the personal attributes required for Robot Trading (Trading takes specific ways of thinking and a special psychological makeup that many traders battle to develop)

So you can use this service exclusively to Make Money (No Trading skills required) or you can use it to supplement your own trading (Earn while you learn) - The choice is YOURS

  1. You will be presented with 5 to 15 profitable trading strategies that have a forward trading record. The results will all be based on trading robots performance.
  2. You can then choose which ones of the strategies you want to copy (the more more your risk will be reduced)
  3. You will be provided will a licensed trade copy Robot specific to the service that you want to copy
  4. All you have to do is install the copying Robot onto your accounts platform and start trading
  5. The robot will continuously check if your account meets the minimum requirements of the signal provider as will a whether you are using the appropriate position sizing
  6. You can switch signal providers as often as you like thereby improving your portfolio income
  7. The copying service will remain in place as long as you have a valid paid Forum subscription
  8. Your MetaTrader Platform will have to be connected to your brokers server all the time when using this service. You can either keep you computer on all the time or use a VPS service.

COST OF THE SERVICE

 

The service is likely to be FREE to existing paid forum members. Each Paid premium member will be able to link to 2 accounts for free. If you want to link to more than 2 accounts there is likely to be a charge +/-$20 per month per extra account.

Non Premium members will not have access this Forum Benefit

Please remember that the cost of Premium membership can increase at any time without warning.

A new section will be created in the Forum closer to the launch time

WHEN WILL THE SERVICE BE AVAILABLE?

 

Unfortunately, the service will only be available towards the end of AUGUST or early September.  The reason for this early notification is to alert successful traders about the opportunity to have their accounts linked and give them time to prepare.

 

Linked accounts will need some trading history and those successful traders can use their own accounts or newly created account from now.

 

The other reason is that, despite me having an office in Greece, it is unlikely that I will be able pay full attention to the service until the end of the holiday mentioned in the introduction

AN EXAMPLE 

 

From a list of say 20 service providers you find a Robot trading strategy that meets the Proprietary Trading requirements using the Trend Trader EA. This strategy seems to be very robust as there a 2 month record of successful trading with low drawdowns.

You can simply link to that service by downloading the specific (to the strategy) Licensed, Copy software from the paid Forum. Once activated the trades will automatically be copied. If your account (balance, leverage etc.) does not meet the requirements of that service no trades will be copied.

AS SIMPLE AS THAT

HOW TO BECOME A LINKED ACCOUNT PROVIDER

 

Your goal is to create Robot Trading results that traders would love to link their account too.

So the first thing you need is a robust trading record showing your ability to trade Robots. As this is the start of the service this record will have to be at least 6 to 8 weeks old, profitable with good drawdown and risk management. You will be competing against other Linked Account providers so your results need to be outstanding.

In general accounts should have started with a $1000 balance but proprietary strategies can start with a $10 000 balance

Linked account providers do not have to disclose their settings or their identities

Once you have such an account (it could be demo or live) you will need to link it to the FXBlue account analysis service and provide this link to Expert4x. We will review your account and it approved you will be added to our advertised list of linked account providers.

Forum members will then be able to link their accounts to your account using a special copying Robot specific to your offering.

You will be compensated based on the number of accounts linking to your accounts and the volume of trading experienced. Details of this will be provided closer to the launch. There will however be trading standards that will have to be meet such as being profitable over the last month to be paid or to be kept of the Linking accounts list. There will also be maximum drawdown limits imposed where if your accounts suffer a drawdown of say 20% your account will be suspended.

  1. So much more to choose from. There will be more than 10 signals to choose from at any only time.
  2. Risk managed Copying software. The copying software will always check if your accounts size and position sizing is appropriate for the signals being followed
  3. Ability to chop and change signals. If you do not like the signals from one signal supplier, you can change to another at any time
  4. Ability to use many signals to build a portfolio. There is no limit of the number of signals you can follow
  5. Signals supplied by many traders. The signal will be provided by many traders
  6. Only automated Robot signals are provided. That is the idea of the service
  7. No need to own the robot that is generating the signals. The copying Robot takes trades directly to your trading account
  8. Live trading results are always available. Signal suppliers are linked to FXBlue so you can access their trading on a live basis
  9. Demo and Live accounts can be used. We encourage you to use a demo account for a few days to make sure everything is going fine and then the switch to other accounts once happy.
  10. Low cost alternative of benefiting from Robot trading. Be a member of the Paid Forum for as little as $17.10 a month (If paid annually)
  11. You can use your own broker. You don't have to have the same broker as the signal provider

So, what makes this Copying service different?

QUESTIONS ?

It you have any questions or comments please use this link:-

https://www.forextradingsetups.com/feedback-on-the-proposed-service-912926