Provider selection criteria

Here are my critera for selecting signal providers. I'm a relatively conservative investor and I want to grow the account, as safely as possible with capital preservation a high priority:

1) No large, open drawdowns.

I avoid providers that hang onto large, loosing positions for weeks or months. Ideally the provider should have no open trades, since I usually do my analysis on the weekends.

2) Consistent effort

I'm okay with part-time traders, but I need to see at least one trade every 2 weeks or I assume the provider is disengaged.

3) 85% or better winning percentage

4) No "Painting the Tape".

Whenever I see an entire screen worth of the same trade, I assume the provider it taking multiple open positions. I'm limiting my trading to 2 open lots per provider at one time, so this is a negative.

5) No large drawdowns in History

Whenever I see multiple trades going more than -200 pips, in the account, that's bad. My stops are set to about 150 and those trades would all be loosers for me. Plus, I can't understand the fact that a trade would go that far against the provider without them closing it. I can't take those type of drawdowns.

6) Must have at least 3 weeks history.

7) Must have live, subscribed users.

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