Zulutrade

[supertrader 10]

Looks like they changed their ranking system, top 50 is completely different than before! Systemsfx has...disappeared! Im trying to figure out how it works.

Also this alchemy feature looks interesting

[fxallday 10]

It is nice that there is a thread about Zulutrade here! Due to this autotrading platform I have started my relationship with Forex

It is the best solution for Forex beginners and an addiction for the old ones.

[supertrader 10]

Welcome! Yes zulutrade can be quite a school, but you need to do some reading, else you can loose a lot!

[fxallday 10]

Of course it is wise ! It saves you money and keep you away from depression

[fxallday 10]

Thank you. I know, I try not be very enthusiastic with my green trades cause red ones will come as well. I watch the zulutrade videos. Very understandable.

[forexrus 10]

The alchemy is a very good move from zulu! Havent seen this on the other signal service platforms, its very smart to show provider portfolio of other live accounts and to be able to copy them! Im testing it also!

[fxallday 10]

Due to Alchemy I have found some Signal Providers that I did not know their existence. It is funny to spy other' s portfolios

[supertrader 10]

Personally I find the new advanced search filters a much more useful addition than the alchemy!

[fxallday 10]

Yes, it is a great feature. Helps with searching and filtering of SPs.

I have ticked on ARE TRADING THEIR OWN MONEY !

It is important for me to follow a SP who decides about opening or closing a position having on mind that his account will be + or - some REAL money!

[jean99 10]

Yes, it is a great feature. Helps with searching and filtering of SPs.

I have ticked on ARE TRADING THEIR OWN MONEY !

It is important for me to follow a SP who decides about opening or closing a position having on mind that his account will be + or - some REAL money!

 

Hi,

Could you please help me on the following: What number I should set in advanced search for Max DD % and Max DD pips?

Thank you in advance.

[fxallday 10]

Max DD:

0-40% of drawdown in pips to the SP' s total profit so far (open positions are included)

 

But it is wise to look on your account' s balance first.

If a SP has closed a trade on -500 pips (his worst trade) and he usually opens 10 positions then he will have -5000 Max DD pips.

 

Are you trading with 1000$? you will loose 50$,

Are you trading with 10.000$? you will loose 500$

Are you trading with 100.000$? you will loose 5000$

 

If your balance is 1000$ and you don' t want to loose 50$ you have 2 options :

1. you don't have to let him open 10 positions or

2.you will have to search for providers by setting their max DD in pips less than "to 5000".

[supertrader 10]

Good post fxallday! Money management is the key to successful trading!

[fxallday 10]

Thank you. When other people react on our money it is very important for us to manage our money in order to avoid the trader's enemy ... margin call.:hello

[jean99 10]

Thank you for the advices. I have filtered them out and adjust the settitgs in a conservative way. Till now I have some profit but not so much. Should I increase the number of lots? Margin call-o-meter is now 9.9%.

[supertrader 10]

At last, zulu fixed the problem with the fake "ghost trades" and the ranking looks much better now :cool:

[fxallday 10]

Yes we have received an email regarding ghost trades. Performance statics will be more realistic now. However I am not sure if I have understood correct how an Sp can create these kind of ghost trades. Any information accepted.:doh:

[supertrader 10]

I cant understand how ghost trades are imported into a providers history...I think it has to do with massive opening of many positions at a time

[jean99 10]

Neither I can understand how a ghost trade is created but I am happy that my last search took into account honest performance statistics.

[supertrader 10]

Yes, the ranking makes much more sense right now! Good work

[forexrus 10]

Saw the changes you guys where saying, looks promising. Opened a new demo with only the top 10 providers to see if its real

[sail 375 10]

no one makes money with that service..they increase the spread on any trade...it is is hard enough to make money trading as it is

[supertrader 10]

With which broker did you see spread increase? I know that most brokers charge you extra to connect you to zulutrade, but they inform you about it

[fxallday 10]

AAAFX has no commission and I receive entry/exit signals on time.

[supertrader 10]

Guess he doesnt want to say! :rofl::rofl::rofl:

[jean99 10]

Yes I have watched them. Many zulu' s signal providers have uploaded their videos in youtube, explaining their strategies. Some of them are educative about charts etc.