Having a subscription of an average 50 EUR per month or 500 per year makes us think what is the minimum amount we want to make for this to be worthwhile.
In my mind it should be at least triple that or about 1500 per year leaving us with a hefty 1k EUR profit to spend around.
I was reviewing the yields most tipsters are averaging for the last 2-3 years. The good ones do not drop below 12% yield and of course these are the ones we want to follow. They also can show better results as I can see Andre is making a killing this year with steady building up a profit of more than 50 units. But lets take the minimum 12 yield we are after. Statistics show that in the long run 12% should be sustainable.
Please note that those calculations can only be made on year to year basis as there is a lot of monthly variance which makes it inaccurate and hard to predict.
An amount of 10K with 12 yield will give us 1200 profit for the year. We aim at around this number so a bankroll of around 12k should give us the desired results. Of course the more- the better.
This is if you play it by the book. I know of people that have smaller bankrolls and do not always place bets for 1% of it. They do 2-3 even 5% per bet but that is not something I would encourage, however it is always an option for people with small starting capital. It is as some may call it “take a shot”. And from my experience we all have to do it sometimes to get to the next level. I have done it, it can backfire but also launch you in the sky.
So, following more than 1 tipster will require a bit more capital. However it spreads the risk of someone having a bad run. Following few tipsters will reduce your profit and loss volatility you might say. So as long as you can make it work I would recommend it.
I also wanted to make a review on how the tipsters I am following right now are doing but it will become a really long post. Also I gave you guys some feedback on my last post so I will leave it for next time.