Discussion of article "How to make $1,000,000 off algorithmic trading? Use MQL5.com services!" - page 3
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How many subscribers do you need to have and how many years of trading selling signals to earn more than 400 thousand dollars? There is a time interval of 2010-2020, it is unclear for what time it was made.
On smartlab I wrote a post on this topic. In the top now some Expert Advisors sold for more than $100K in a month.
People who offer promotion for Market products say in plain text that it is much easier to raise $100K in the Market than in investments.
Smaller amounts are not mentioned at all.
There are certain recipes for getting to the top, creating a community, solicitation, etc. Necessary characteristics of backtests, Signals on small amounts so that there is a perfect performance, etc.
With a strong desire and turning a blind eye to some moral principles within six months is almost guaranteed to get to the top.
I've been offered schemes, all I had to do was fulfil the TOR to make the wrapping very cool. That's what someone is doing.
The more severe the crisis, the more people go for "easy money" - it's about buyers, not sellers.On smartlab wrote a post on this topic. In the top now, some advisors have sold a lot more than $100K in a month.
People who offer promotion for Market products say in plain text that it is much easier to raise $100K in the Market than in investments.
Smaller amounts are not mentioned at all.
There are certain recipes for getting to the top, creating a community, solicitation, etc. Necessary characteristics of backtests, Signals on small amounts so that there is a perfect performance, etc.
With a strong desire and turning a blind eye to some moral principles within six months is almost guaranteed to get to the top.
I've been offered schemes, all I had to do was fulfil the TOR to make the wrapping very cool. That's what someone is doing.
The stronger the crisis, the more people go after "easy money" - this is about buyers, not sellers.If the average roughly speaking to count on 100 quid per owl, 1000 owls in a month to sell it is impressive, even for a year I would be happy, I wonder customers are they the first time they buy or buy the tenth time in the hope of finding the grail?
I am more interested not in selling owls, but selling signals, let's say I have tska and I do not want to sell and just want to sell signals, passive income only, how can they be promoted unlike the market to get to the top, any thoughts?
You are right about the crisis, now many beginning traders have become lazy and not like before, for example, they buy signals doomed to failure, buy owls in a bag, so many peoples and this is a lot of money if you collect everything in a bundle.
If the average roughly speaking to count on 100 quid per owl, 1000 owls in a month to sell it is impressive, even though for a year I would be happy, I wonder customers are they the first time they buy or buy the tenth time in the hope of finding the grail?
$100 for an advisor is a very low price for Marketplace. There are 5-15 times higher prices for a single copy.
$100 per advisor is a very low price for the Market. The prices are 5-15 times higher per copy.
am I the only one wondering what to pay this money for?
Am I the only one wondering what to pay this money for?
If the buyer thinks that the programme makes money, he will at least suspect something wrong if it costs pennies.
Am I the only one wondering what to pay this money for?
Am I the only one wondering what to pay this money for?
People pay money for a lottery ticket. Buying it in a market will give about the same result.
The more severe the crisis, the more people go after "easy money" - it's about buyers, not sellers.
It's been 120 years, but nothing's changed.
The American economy was hit hard by the stock market panics of 1893 and 1896, which caused widespread unemployment. Many people who found themselves in unfavourable circumstances because of the financial crisis were forced to go to the gold fields.
People from all walks of life travelled to the Yukon, even from as far away as Great Britain and Australia. Most surprisingly, they were mostly skilled labourers, such as teachers and doctors. There were even one or two city mayors who left their prestigious jobs to travel. Most of them were well aware that the chances of finding a significant amount of gold were slim, people just decided to take the risk.
https://ru.wikipedia.org/wiki/Золотая_лихорадка_на_Аляске
Read some of the comments from buyers...
People are willing to step on the rake repeatedly. Perhaps it is right that they are not prevented from doing so. Perhaps someone needs to go through such a painful path.
I even thought that maybe the sellers of slag (just about slag, not all the robots in the Market) are doing good - educating the average person.
If you really want us to believe that money can be generated by algo makers using Freelance and Signals service of your site, please show some faces.
On the contrary, by putting out this plug a viewer will get a feeling that business is going down because of poor model.
Jobs placed for freelancers attract anonymous persons claiming to possess qualifications to do a job. There is no way of finding their previous work or how reliable they can be.
Strictly, if you make it compulsory for a freelancer to produce a video of showing prototype, finished indicator or EA working, order should not be placed.
This will attract people who are confident of their competence and skills and filter out coders who are looking for ideas to generate signals.
If you make a survey, it will surprise you to know that at least 90% of coders have done or doing the job not to make money for their time or labour but to get ideas to generate quick money.
Coders have been led to the garden path by motivated market noise that quick money can be made by coding algos.
Strongly believing in such talk, 90% of coders have collected ideas and have put their savings and have heavily lost.
Freelance service is being used by coders looking for ideas for their own use rather than to really sell their labout.
How can you explain the unrealistic prices they accept to do a job?