If you’re a skilled enough trader who has moved up the ranks to the point of providing trading signals to other less skilled traders, there are a few key things you need to bear in mind when you’re building your website to attract new followers for your trading signal business. Don’t be fooled into think that simply being successful at trading will automatically translate into hundreds of people following you. For every real trader out there offering genuine tips, there is at least one or two who don’t really have anything to offer but still purvey the impression that they have valuable information.
Almost every Forex trader with a reputable trading system dreams of starting their own signal service. Imagine having thousands of customers following your trading signals for a $49 monthly fee. Isn’t that something everyone dreams of?
Profitable trading systems or robots usually seem to be the most important thing to have when running such a service and people start to learn about how to set up a Forex signal service only after they have found a good source of signals. However, that is the most common mistake people make.
When you have a profitable trading strategy you will want to start selling signals immediately, so you should be prepared.
If you are looking for a way to generate trading signals these 10 tips will guide you to take the right path. I use most of these techniques in my trading signal business, but this information will be helpful for any Forex trader.
If you have been around the Forex market for any length of time then you know that it can be one of the most lucrative professions in all of the world. Unfortunately, it can also be one of the most difficult professions in all of the world. It is not a coincidence that these two phenomenon go hand in hand. The more difficult something is, typically the more opportunity there can be in it. And vice-verse is also true.
Most of us Forex traders are very familiar with the Metatrader platform, especially with its most used version, Metatrader 4. It’s the trading platform of choice for most of us and it’s a great trading platform, in my opinion at least. It’s lightweight, easy to use and intuitive. The company that’s behind Metatrader is called MetaQuotes.
Recently there was a highly publicized brawl between MetaQuotes and some third party websites utilizing the MetaTrader platform. The fight led to the disruption of services for many Forex traders and signal providers that relied on these 3rd party websites as a middleman to send/receive trading signals.
I will go straight to the point. If you are really serious about starting your own Forex trading signal business then the best way to learn how to do this is to read my book on this topic. I have spend several years creating and running this business and now I have put all my knowledge into the book. Click here to get my book about how to start your own forex signal business.
And before you wait for the book to be shipped to your house take a few minutes of your time to watch the video below. It will answer some of your questions about this business for sure.