Experience The experience of a trader in the financial market and in Forex gives him/her knowledge of the specifics of price movement and an understanding of the situation in a period of high volatility. An experienced trader does not lose control even in the event of force majeure. Books and manuals will never replace the ability of a manager to react adequately to the unexpected highs and lows and terminate trades at the right moment. It is good if a Signal Provider has 2–5 years of work experience. Note that currency market differs very much from the stock and derivatives market. Therefore, try to choose a manager who has been working the Forex market.
Quality of a Trading system Efficiency of a Signal Provider may be evaluated by the level of profit. Beginners believe that the higher the level of profit the better. However, they forget that the level of profit shall be based the following parameters: Maximum drawdown, Average drawdown, Average duration of a drawdown Profit for a certain period of time. Duration of drawdown clearly shows how longer investments can be unprofitable, and the longer the period, the lower the profit. We can see that on some accounts for 90% of the time; is the period of loss, while only the latter period is the period of profit. One of the most important rules is to evaluate the ratio of profit and risks taking account of all commissions.
#1Floor2018-11-09 16:55:58Reply（0）
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TradeSNS hope that the majority of netizens comply with the relevant laws and regulations of the network, and prohibit the release of all kinds of sensitive false information;
At the same time TradeSNS will crack down all kinds of illegal dissemination activities and harmful information, building a harmonious space.