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Becoming a signal provider is a very attractive option for experienced traders who want to increase their income from alternative sources. Practically, a signal provider only has to continue with its usual daily activity while its income grows without any added effort. Followers choose a provider that suits their style and automatically copy their trades to their accounts, earning their success in exchange for a fair commission.
But some signal providers may find it a bit difficult at first to build a network of followers who trust them enough. While he is a terrific trader, with strong performance and sustainable profits, becoming a successful signal provider requires a bit more. It is true that you as a signal provider will be listed along with other signal providers and followers have access to important data that proves your performance, but how can you stand up if you are just a beginner or not? you have lots of followers?
The answer is simple: sell yourself! True, he probably wouldn’t imagine himself to be an expert in marketing and forex trading at the same time, but promotion is at the base of each and every successful venture. So, let’s get to the facts:
• Promote yourself and your activity on message boards, social networks, live activity streams, blogs and… wherever you can! Comment, start discussions, ask questions, give advice and increase your visibility!
• Post links to your signal provider profile whenever you can.
• Use Twitter and Facebook! Many automated signal services have social networking features and offer you the ability to link your account to your Facebook or Twitter profile. Thus, any operation you carry out will be published on social networks with links to your profile.
• Use LinkedIn too! Please note that Twitter allows you to connect your account to your LinkedIn profile. Each post will appear simultaneously on LinkedIn, where you can target a completely different audience that might have a greater interest in your profile.
• Send invitations! Forex social networking websites with automated Forex signal services also allow you to invite friends to join the platform. Every time a friend receives an invitation, they will automatically be directed to your profile.
• Check comments about you on social media or message boards. Make corrections if necessary, and respond if you think someone is making false accusations about you! Reputation is very important to a signal provider, so work on building and maintaining it!
• Always post useful and correct information: facts, news, and comments that grab attention and make merchants interested in you.
• Do not overdo it! Don’t start copying and pasting messages saying that you are the best trader. They do not help, quite the opposite: it is possible that you will start to be considered simply spam.
• Have patience! It takes a long time to gain interest, trust and reputation.
• Last but not least, learn the skills and tricks of forex trading! Make mistakes as they are part of the learning process and BECOME A GOOD TRADER!