Hi All ,
I am new to copy trading & exploring the idea.
Assuming you pick signals which satisfy the following
(i) established track record of 26+ weeks
(ii) low draw down of 15%
(iii) Stable positive returns every month
(i found a bunch of these on mql5, no china, new york cap, secure trend etc)
Would it not be possible to put together a portfolio of signals that generates positive monthly cash flows ? (seems too easy to be true !)
Say $10K capital across 4 solid signals can generate on average $2000 pm (Avg 20% pm return), (example only, i know there is no guarantee past performance blah blah)
Signal/Transaction/Hosting costs would be like `~$150.
Has anybody tried something like this ? please share your experience/results.
Any tips/insights to generate monthly cash flows from signal following highly appreciated :-)
One signal per account. Whoever subscribes multiple signals they have multiple accounts.