NVP
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he missed em due to his coma
Wake me up in January all .....
he missed em due to his coma
Hey Luidin,
I respect your opinion for sure, as it is expressed with coherence but I disagree.
First of all, just to clarify on this point: traders do not need to trade accoding to our strategy qnd signals, they can trade the way they like as long as they respect risk parameters.
Secondly, the "extra services" (tools, course, risk management) are there as we realized observing the Challenge results someone might have needed them ( they were not there before). I believe they are quite cheap and considering that we are not really marketing them we do not expect to make huge amount of money selling them, as much as we strongly believe in the contents we offer.
It s just an option available for those who feel they need it, but we are not educators.
I agree with you: a consistenly profitable trader will not be hooked up from what I hqve to offer .
But he/she is not our target in first place , they do not need my company. As you say there are better options for those who have skills and capital and only need to leverage up, right? .
Our target is the guy who has potential but can't afford to put down the 5k at risk to see if he can live out of it. It may sound weird but for a lot of people out there are fighting for little amount of money. Some of our traders asked us to be paid even 40/50 USD profit share at the end of the month.
There is also another category of candidates, those who have money, but with their account they keep doing the same mistakes again and again: build up the equity and then burn the account in a session. I think we are a good fit for them too: they need a structure.
Same for those who have capital, potential , but little experience...
Agree again with you that I ll have to change a few things but I think my company is quite different from many others .
As couple of members rightly pointed out I m navigating on the border of abusing of the forum rules , so I d rather not insist in defending my reasons.
So let s try to keep the discussion on a more neutral ground and see if maybe we can share general ideas that could be useful to everyone.
You said I have no control...
I have control on the part I am mostly interested:risk. At the same time you made me think about a crazy idea ( so basically it s all your fault now) , so let s see what people thinks of that.
Suppose that I propose to those who pass the Challenge to trade on the Sim for a month, and pay them a fixed amount to do it, independently from their results ( positive or negative a the end of the month).
If at the end of this month they are positive, they ll keep going on the sim but I ll pay them 20%(?) of the eventual profit produced.
I do I make money? I ll build an algo to apply filters to those signals and replicate the good ones on a real account.
I can then select they really good ones and base myself on a more reliable real time direct observation and I could offer them a bigger account with more leverage and risk tolerance.
Before you slaughter me, on my defense, I went massive on Chianti tonight...
I wish you all a good and relaxing sunday .
Wake me up in January all .....