Hi Matthew,
there are some systems which offer a performance based pricing model like "Pay for performance. Subscriptions cost $XXX at the end of each XXXX, but only if the system has made profitable trades."
Let us assume I subscribe to the system, I autotrade the contrarian and the system equity tanks.
Will I have to pay the subscription price because I made profits with the system? or not because the system was not profitable?
Just wondering…
Even though you benefit from a system that does poorly in this case, you don’t pay the subscription fee.