As to me so as I said I want to continue testing it for 1 or 2 weeks because I am not sure: is it possible to deliver the signals for 0 price? For example, I am trading BrainTrading and it is 2 or 3 trades per day: I am receiving BrainTrading indicator's alert, I open Metatrader's window, attach this rent a signal tool to the chart, make those 2 or 3 trades, wait untill the orders will be closed, deattach this signal tool and continue moderating the forum. And any user can subscribe (for free with zero price) and it will refresh BrainTrading thread a lot ...
will see ... I am just think about how to use this service for public signals just "to refresh" many good threads on the forum ...

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This is a problem I've thought about previously, and every time I've seen someone try to pull it off they generally experience problems with latency, particularly with day trading type models.

It seams to me that rather than TSD acting as a central hub, and trying to sort out the tangled mess of what signals are firing, and which subscribers should get them, you could potentially harness the distributed computing power of all of the parties involved just by thinking about the architecture in a slightly different way.

For example, provide the signal provider with an application that intermitantly determines who is subscribing to their signals, who's joined the service, who's cancelled etc. This info would only need to be updated once a day at the very most. The signal provider then knows EXACTLY how many subscribers they actually have (There's a potential for a fraudulent service not to pass on all revenues to the signal supplier, e.g. 1000 punters sign up, but the provider is only paid for 500)

Then when the signal provider opens, closes or modifies a trade, this information can be broadcast to specific subscribers, as well as TSD who retains a centralised record of the transaction. Implimentation should be easy enough to achieve with multi user instant messaging type technologies.

Each signal provider becomes responsible for broadcasting to his own subscribers, and the application could also send notification by bulk SMS, email, Instant Messanger etc

Anyone fancy building this ?

NewDigital,

Your idea is very good from the point of view of forex-tsd,since it has the potential to revive some threads and add some differential value to our forum(IF it is NOT EASY to copy)...Unfortunately, unless it is good to the other parties involved it won`t work.
Now let`s think about the other parties involved:signal sellers and signal buyers.

1-Signal sellers:They want either money or to refresh their threads..second case no problem,first case..How much?And why not selling 2 services..individual signals and "correlated signals"(where more than x% of signals sellers agree) ?..then the key question you will have to answer to the potential sellers is (seller asks) Why should I sell my signals at forex-tsd instead than selling them at C2?What do you offer that is better for seller?Please understand I am just pointing to some market obviousness,not trying to destroy your model...so,you could check the fee structure of C2(main competitor whose market you are thinking about attacking) and try to find some loopholes..aka:they take x% ,we only take y%,etc,etc

C2 is what I believe to be the category killer,there might be others with similar characteristics,so,you will have to check them too.

2-Signal buyers:You have to be able to answer the question..Why should I buy signals from you and not from C2? C2 has like 4 k systems..some of them very good and some of them very consistent..What do you offer that they don`t?This is the key question you have to answer to potential signal buyers.

3-Additional considerations:

3-1:ES is right,no matter how good or bad a signal seller is,all signal sellers will have performance streaks..the trick is to find consistency,and a proven way is to go for correlated signals,so if 80 of your 100 signal sellers are long the dollar,then it is possibly going DOWN,but not much edge to trade on..yes,yes..no mistake here ,this is how it is...80 signal sellers long..dollar down possibly,but not much of an edge

If ,instead,20 of your TOP 25 sellers are long the dollar and 20 of your 25 WORST sellers are short the dollar,then it is VERY PROBABLY going UP...man,this information will be something to pay for,so,you have to define what you want to "sell" .

3-2:Some people trade m1..others trade W1..so,you have to either group the signals by tf and by characteristics or allow only one kind of signal,intraday,swing,weekly,whatever...this is very important..it is not the same if a signal buyer who is not a pro trader goes home after work and finds this signal.."Sell USDJPY @110.00 Limit..SL 110.75..Target 108.65,valid for 48 hours"...than just finding that at 15:32 somebody has sent them an email with.."Sell USDJPY @ MKT NOW"..while they were in a meeting..first kind of service is tradable for that guy...second is not...SO,You have to define what segment are you going to target..PRO traders?..previous point(top 20 best and worst ) will have enormous marketability...Forum members?day traders with 10 hours screen presence? amateur traders that would like to have a D1 based service?....Different needs ,different services.

3-3:IF your intention is just to revive some threads and "prove " that forex-tsd has some threads that can make money for members..ok,no problem,just ask thread "owners" what they think and negotiate with them(most of them will say ok,for free,no problem)...If you intention,in addition to previous point,is to compete with C2...then,IMHO,you should define your business model,choose the segments you want to target and sell them(signal sellers AND signal buyers) your competitive advantage.

MY FEELINGS:1-Make it free to participate as seller..and you pay a standard fee only to the 5% TOP performers..AND the 5% WORST performers...Then you sell the whole package to signal buyers...TOP and WORST.

2-Fees:Ask forum members,BOTH potential signal sellers and potential signal buyers..ask them about their expectatives,prices willing to be paid,etc,etc...then ACT and check if it goes well ,according to expectatives or not..if not,then correct....After all,our Forum reaches tens of thousands of members,so,you have the potential to be a distribution channel for trading signals.

3-Mechanics:Standalone?(then create an absolutely differential product/service..and think about how to preventing others copying you)...as a C2 partner?(why not? Think about it...and negotiate the forex-tsd Forum exclusive ),with EAs ?,only manual,both,etc?..Start a poll ask you potential customers..sellers and buyers..check your competitors...AND GIVE EVERYBODY something different.

BUT..The first question to answer is ..What do you want?..Relaunch threads and achieve higher number of visitors or/and ADD a new business category?

Regards,
Simba

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hi everyone,

the idea is great, just want to say i have been in this forum long, and i know the admin is trying hard to creat a place so everyone make money from forex.
i personally don,t trust C2, just b,coz i don,t know them,
but i prefer to listen and make my decision in the forum,
b,coz i have seen them for a long time, and they worked hard without any
expectation.
tsd can creat few rooms in yahoo or paltalk or any other one,
and let the seller be there and and work from there, at the end of the day
signal buyers will make the decision, if he or she is good or not.

just another thing, tsd must becarefull to not give the rooms to the unknown
traders,

good luck

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