I have a few questions that impact my trading after a subscriber has joined my strategy.
After a new subscriber has joined my strategy, I couldn’t trade the usual way I trade.
First of all, I don’t understand why when in the suggested minimum capital (Collective2 does that) is written 300,000 suggest capital AND; I write in my strategy description that please CONFIRM with the strategy leader before subscribing to the strategy, he still can subscribe to my strategy with capital that is third of my requirements.
Now, I understand that there is a scaling option to the strategy, but why YOUR system doesn’t monitor that and can let the person sign in. I can wipe out a big portion from his account, and he will not recover, but I did my trading based on 300K capital and now 100K.
The second problem is as soon as the new subscriber subscribes to my strategy, I was limited in trading products, meaning I could not trade products that I could have done before.
Now here is a situation, why if I have five people from the UK and I trade the GOLD for them, I couldn’t trade this product anymore because a US person joined my strategy ( you cannot trade GOLD commodity in the US, from a personal experience that I had )
In that case, this new subscriber was limiting me from trading for the OTHER clients that joined this strategy. Most of the time, half of the people here don’t know what they can or can’t trade.
Third, and this is just a bloody JOKE! Why can I buy 30 contracts of future Gold that worth a hundred thousand in Margin, but I can buy only 2 E-MICRO-NQ? Why can I buy 100,000 stocks of AAPL, but I cannot buy more than 3 contracts at S&P future?
Basically, I understand that the client limits me on what I can or cannot trade.
Where is the strategy owner’s power?? When a new subscriber joins the strategy, my clients need to adjust based on this person’s capabilities? Why is there no confirmation of something from my side when it affects other clients???
I understand that you want to protect the client in a way, but there is no power for the strategy owner. Why can I not cancel my subscriber that subscribes to the strategy with listening to my and your requirements for the strategy? Why is there no monitoring for the scaling system??
Also, I’m managing 300,000 with profits on average of +10% monthly, why I cannot ask more than 595$ for my subscription? From a business perspective, that is also beneficial for you, but it’s not beneficial for me to work for just 595$ with those results; why can I not increase it??
I would like to please a professional answer; I talked with one of the representatives and didn’t have the answers for anything mentioned above.
Here are some pictures to illustrate this craziness. How I can buy 100K stocks of apple but not 4 contracts of NQ.
Or why I can buy only 4 contracts of NQ and NQ mini???