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Echo Trading with RJO Futures
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Echo Trading with RJO Futures

  #1 (permalink)
Trading Apprentice
London UK
 
Trading Experience: Advanced
Platform: Not disclosed
Favorite Futures: Not disclosed
 
Posts: 36 since Jul 2013
Thanks: 2 given, 15 received

Echo Trading with RJO Futures

Has anybody tried "Echo Trading" with RJO Futures as a Trade LEader? Can you actually get many followers this way? What subscription fee can you charge?

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  #2 (permalink)
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  #3 (permalink)
Market Wizard
Chicago Illinois USA
 
Trading Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,473 since Aug 2011
Thanks: 1,216 given, 3,718 received
Forum Reputation: Legendary

I know...


EchoTrade but I'm not sure these are the same. Dan

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  #4 (permalink)
 Vendor: www.cannontrading.com 
Los Angeles, CA /USA
 
Trading Experience: Master
Platform: Sierra, CQG, Gain, Transa
Favorite Futures: Crude Oil
 
CannonTrading's Avatar
 
Posts: 99 since Mar 2013
Thanks: 20 given, 55 received


Sheen View Post
Has anybody tried "Echo Trading" with RJO Futures as a Trade LEader? Can you actually get many followers this way? What subscription fee can you charge?

We actually offer the same program called Follow the Leader. The steps in how to become a leader are as follow:

STEP 1: Open a live account and trade in the "sandbox" to build a track record of your trading

STEP 2: Evaluate performance with a Cannon Executive

STEP 3: Open your trading for "followers" who will pay a monthly subscription fee

To answer your questions, you can get a good amount of followers from clients already on the platform who can view your performance once you build a good track record. Or many leaders already have people who follow the leaders trades and they can join your trading after they open a live account. And your trades will then be copied to their account.

And you can you and your broker can decide what monthly subscription fee fits best for your program.

PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. Trading commodity futures, forex and options involves substantial risk of loss. The recommendations contained in this post are of opinion only and do not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not necessarily indicative of future results.
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