Market research to investigate the market for realtime daytrading signal provider

This project received 9 bids from talented freelancers with an average bid price of €439 EUR.

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We are looking for a freelancer who can do market research in order to get a broad picture of the realtime daytrading signal provider market.

What is a daytrading signal provider?

Daytrading signal provider give real time trading advice on all kinds of products that are traded at the stock exchange. Products are currencies, called foreign exchange – fx , commodities like Oil contracts, Indices on Dow Jones, Dax, etc.,

How does it work?

Question is, on what physical way the trading signal gets delivered to the client. So far we have investigated and found two different ways how the daytrading advisor provide their signals real time.

1. Email The customer receives emails containing the advice saying which product to trade.

2. Chatroom In the chatroom the advisor trades in realtime and you can follow visually his trades.

What are the most common products these services provide signals for?

They mostly provide signals for

- Indices on the German Dax and the Dow Jones

- Currencies like US Dollar, Euro, British Pounds and Yen

- Commodities like oil, gold etc.

- Futures on different products

What are we not looking for:

We are not looking for expert advisors (EA) which trade on a technical basis. This market research project does only include services which trade in real time and on human decision processes.

What are the criteria for a good market research on this topic?

1. The Service has to provide realtime daytrading signals out of a human decision process

2. The Signals can be transmitted in different ways, except as an MT4 plugin (EA).

3. You will write down the following information as a result of you research:

a. Source (website)

b. Type of signal (e.g. Chatroom, Emailsignal etc.)

c. Products traded (e.g. Currencies, Indices, etc.)

d. Performance (e.g. Return over one year)

e. Price for the service (e.g. monthly fees)

Examples of realtime daytrading signal provider you will find easily, and the way you would have to organize them in your list if you would have found them:

Website Signal Product Performance Additional info

[url removed, login to view] Email Indices, US, DE X% / year Insert weblink

[url removed, login to view] Chatroom Currencies X% / year Insert weblink

Indices X% / year Insert weblink

For this freelancer project we set a fixed price at 250,- as a starting point. Therefore we are awaiting a list of minimum 25 different services. If you are able to find more, or if you can deliver additional important information, then please indicate this within your proposal. Thereof your final price should vary based on the information you will be able to provide.

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