Zulutrade

[Williamfx65 10]

Yea, not sure yet which is harder emotionally: trading your own account or giving signals to people watching you.

 

Thanks for the support anyway, curious to see what it gets like too, quite an interesting new challenge for me.

 

heyyy how is your trading picking up?

[cornixforex 10]

heyyy how is your trading picking up?

 

Switched to live account to provide signals along with managing OPM through Alpari UK. So far alright.

[Williamfx65 10]

yes they are a good broker!!!! not so much for retail, but i guess good for manual trading.

good luck trading.

[cornixforex 10]

yes they are a good broker!!!! not so much for retail, but i guess good for manual trading.

good luck trading.

 

Thanks William, they made it so much easier to execute all trades for me and clients with the single button indeed.

[Williamfx65 10]

Thanks William, they made it so much easier to execute all trades for me and clients with the single button indeed.

 

just out of curiosity, can you kindly elaborate on that?

arent you trading on mt4, or no?

[cornixforex 10]

just out of curiosity, can you kindly elaborate on that?

arent you trading on mt4, or no?

 

Yeah, MT4 Multiterminal which allows to trade several accounts simultaneously. Handy option.

[Williamfx65 10]

right right ohh i see. i thought actually all mt4s are like this

i have the same with aaafx.

[Williamfx65 10]

so my friend, how is zulu-trading treating you these days ?

any issues :crap: or it all got smoothen out?

[fxturtle 10]

First time poster here.

 

I am also an SP in Zulutrade. There are two reasons why I do not use my live account to send signals in ZT.

 

1. Pepperstone has a very good spread compared to the brokers in Zulutrade.

 

2. Sending signals to followers would mean I have to satisfy a broad range of trader physchology, which is also different from me. This would mean that I would have to take profit in ZT to satisfy those followers looking for 100 or 150 pips, but on my live account, my position would still be open. There will be instances that ZT trades would outperform my live account on an individual trade basis. However, I am confident that I will outperform my ZT performance on a rolling 3 month period. Time will tell.

 

It's nice to see you here Cornix.

[cornixforex 10]

All is fine thanks.

 

The only issue, which I start to believe is structural is that due to Zulutrade acting as intermediary between SP and follower's broker and adding some spread on top of that as an IB precise execution of trades for followers is not an easy task to say the least.

 

Seems like hardly possible to do anything about it. Alpari's direct money management working like a charm though.

[Williamfx65 10]

You do not say! but if that was the case there would be complains about it.

maybe its your broker thats actually adding smth along the way - like commissions etc. you can aways compare to the closed/open trades and see for yourself.

what about your followers..any problems there?

[cornixforex 10]

No no, all is just fine with my own broker and my clients linked to me as a manager directly through it. No complaints.

 

Here is Myfxbook track record of the account and everything is reflected on Zulutrade as well (it's the same account hooked there for public track record purpose of how I trade OPM):

 

Cornix Forex Alpari UK System | Myfxbook

 

But what I see is followers orders often don't get filled cause their broker rejects it for one or another reason like being too close to the market or no price or something else... Pretty sad seeing them according to Murphy's laws getting filled on the bad trades and then not getting filled on the good ones.

[Williamfx65 10]

glad it is not an issue. yeah close to market orders are an broker issue, i wish borkers didnt do it but im sure there is a reason...unless you can alter your trading strategies ...if possible of course

[cornixforex 10]

Yea guess brokers are trying to protect their business (spread) from being damaged with poor fills. Not all do that, but many do.

 

I try to adapt the strategy, but it's not so easily done because I tend to enter with quick intraday momentum and the time/price window of entry is very small if you want to trade profitably like that.

 

Works like a charm with clients directly hooked to my broker account on a performance based fee structure (25% profit share on a monthly basis), because no such issues there.

 

Zulutrade has way wider client base than I personally can attract of course, but has these unpleasant issues described above unfortunately...

[Williamfx65 10]

here is an idea keep current strategy where it works

and make anther one close to the zulutrade baseline

this way you benefit both worlds, and both worlds benefit you as well, so to say;)

[cornixforex 10]

Yea thinking about it too... The only problem is I am confident with my current strategy, but not too sure what exactly I could use to provide Zulu signals not affected with the execution issues.

[Williamfx65 10]

trial and error...keep a low profile, trade from demo and im sure you will find your way around :2c:

[cornixforex 10]

Yea, maybe a swing version of my stuff to get slower and not depend so much on execution or like that...

[Williamfx65 10]

sounds like a feasable plan!! good luck.

keep us posted

[cornixforex 10]

Thanks.

 

I'm pretty busy with trading for direct clients/myself and not too much time to develop the new stuff, but it's worth some weekend homework.

[Williamfx65 10]

Hey guys, saw the new beta website....looks pretty good ..doncha thing?

[Williamfx65 10]

Hey guys, saw the new beta website....looks pretty good ..doncha thing?

 

anybody? you guys still havent tried it yet?:doh:

fyi: the zuluguard's option is pretty great.

[ElizGordon 10]

hello all,

long time have I not visited the forums and my zulutrade account for that matter ,,,

had left it on autotrade for so many months...with limited risk ...guys to tell you the truth the system's quite amazing - earned me +1950 pips!!! :2c:

so what's new? the website....indeed...how is this zuluguard actually working?

[Williamfx65 10]

Thanks.

 

I'm pretty busy with trading for direct clients/myself and not too much time to develop the new stuff, but it's worth some weekend homework.

 

hey mate, what happened with your zulutrading?

are you still trading or you gave up your signals?

[Williamfx65 10]

hey there guys:

how is your trading year closing on you?

hopefully full of pips :2c: