Signal provider or tag along?
After being informed by the FSA that signal providers fall under their jurisdiction as investment advisors, & therefore require the lengthy (avg 7months) & expensive licencing process, I am reconsidering the worth of becoming a signal provider & instead am considering a tag-along system where ppl can see my charts along with my system indicators, thus allowing ppl to see the positions to I trade from each day.
Admittedly this is only good for a min avg 100pips per day, so will not appeal to everyone
after 24years in the game & seeing more & more complete sharks in the pool I thought giving traders an edge wouldn't be a bad idea.
NB: I am a low risk trader I'm not interested in the news or trading it, as long as the markets moves I make money
I've placed this here as advised for feedback & general ideas please!