Tuesday, October 16, 2007

Live Testing on Zulutrade (1)

I am currently trialling nirvana forex from zulutrade with my mini account. Its return looks pretty amazing on the performance page so far, and its strategy is claimed to be:
...based on S & R, Fib & COT report suitable for both trend following & range periods.The system trades 16 pairs--some exotics with wide spreads. Please be advised to use low leverage & large accounts to withstand drawdowns as the system is based on longer time frames which also helps to generate some fantastic returns

However, I have set some restrictions when using this signal provider as there could be many positions (lots) being opened at one time. At this beginning phase, I am only allowing 1 lot being opened at any one time. I have also increased the take-profit limit from 60 to 80 pips.

Below is the actual results traded via FXCM broker:


No. of trades: 6 (4W, 2L)
Pips so far: +50
P/L: +$43.17

Zulutrade: Sign up a demo account. (Demo data delayed by 60 minutes)

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