I've been pondering the idea of starting a chat room/signal service but I'd need some persuading to tie myself down to an absolute routine and commitment to others. To make it worthwhile I'd want to generate a considerable income from my efforts so I was thinking of perhaps (and it's a big perhaps) setting up a premium service. I'd be trading Fx and the minimum guarantee would be that members net 500 pips pm following my trades, and that's allowing for a little lag between me hitting the mouse and them following. There would be advance warning that the trade is setting up and an explanation as to why I am taking the trade and what to expect. Of course 500 pips would be ultra conservative so I'd get to keep my easily earned $1000 per head. The guarantee would be a full refund if the 500 pip target is not reached instead of what others do by giving next month free for a poor service. I'd be gutted if we didn't exceed 1000 pips pm. Members would have the option of joining in chat, asking questions, learning some set ups or just getting email signals. I'd like some feedback as I know most people think $250 is a huge sum to pay let alone $1000, but $2 a pip would cover membership costs with me and put them into a strong winning position from the get go. Honestly I'm not interested in teaching someone who wants to make a lot of money but doesn't want to pay for overheads or invest in themselves. So rattle my cage please. I'd also welcome any feedback from those who have set up a membership site and how it impacted their trading.