Lots the killers

Improving the statistics?

Today we gonna tell you about one of the very important factors in Forex signals provider’s performance. There are some parameters of trading systems, which the subscribers are paying much attention to. And everybody knows, that one of such parameters is the profitability. At this rate many traders want to increase it by all means, not depending on the consequences.

We really recommend you guys read this post up to the end, because we don’t write it just for fun. We are studying, what the GFS users think, very thoroughly and publish this information for you to know, what your potential subscribers want and to be able to offer them really good signals. Isn’t this what you want too?

Analyzing the situation

So, now we gonna speak about one of the most common ways of improving the statistics – giving the signals with big number of lots. Of course, there are traders, who are using the lots for money- and risk-management, but some always try to open all positions with lots more than one just in order to improve their general stats. This is really unfair and completely dishonest, because the subscribers want to use high-quality signals, bringing real profit.

Due to that the systems with big number of lots are not really popular. Some of them are, but only that ones, which are using the lots for maintaining the risks and profit. At the same time usually such systems have small stop-loss (max drawdown for one lot) in order to avoid large losses because of big number of lots opened. Just have a look – the most popular system is opening all positions with one lot. Due to that its developer is getting quite good trader salary.

Some points to remember and implement

Remember, that clients want to feel safe. And at this rate they don’t subscribe to the traders, who are constantly opening positions with max lots. You know, all the users can see the statistics of the systems’ performance and they know, that one such policy of using lots will lead to tremendous loss. And, as a rule, the traders, who are giving the alerts with big number of lots, after a couple of successful weeks get REALLY GREAT loss and their system can be thrown away to the dump, because nobody will ever subscribe it. This is how the lots are killing your trading system with all your time and effort you’ve put into it. The subscribers want to be sure, that their account won’t be blown down just by one unprofitable signal with 3 lots and stop-loss of 300 pips.

At this rate we highly recommend you to use the lots correctly. Don’t try to find out some dishonest ways of improving visual statistics – it won’t work. Better try to analyze the market more thoroughly in order to give more profitable signals. Or participate in the traders’ community and different forums, where you can promote your trading system. In these places you can find the subscribers for your signals, if you talk to them about your system and show its stats on our website. Show the potential subscribers, that you are a real trader, who wants to improve his trading system and help people in earning money on Forex market. This two simple rules will be the best help in making your performance better and getting more subscribers.