They could be of any trading approaches, such as Momentum Trading, Breakout Trading, News Trading, Day Trading, Fast Scalping, Signal Software Trading, Expert Advisor Trading, Signal Provider System, Short-Term Trading, Long-Term Trading, and etc.
In general, I told most of my information/stories based on my own encounter and knowledge. Or even better sometimes, I discover something thru third parties (e.g. blog readers, software developers and sellers, etc) encounter. I can assure you that the learning process and benefits are MUTUAL.
New Forex Auto-Trading Tip on Zulutrade
I just learned this from my blog reader (indirectly) over a short two-week time period, and he/she is one of my referred Zulutrade user. (He/she must have read my previous posts on Zulutrade Signal Providers). I can assure you that the current 'hottest' Zulutrade's Signal Providers are not what you normally see on the front performance page - which I called it the revamped Zulutrade Performance Leaderboard.
What I am about to introduce to you is the "Most Users Performance LeaderBoard" (see figure below) which includes signal providers which open and holding many lots at one time. After examining their track records, I can again assure you that they are REAL Money Makers for any Zulutrade Account Holder who has already subscribed to them. For this reader of mine mentioned previously, he/she uses them effectively (i.e. started with a large bankroll) and has since powered up his/her FULL-SIZE trading account by +70% in less than 2-week time !
A System Isn't Pefect Unless It's (Almost) 100% ?!
For you who have not heard of Zulutrade before, I would recommend you to open several 30-day free Demo Accounts to run the following BIG 5 SIGNAL PROVIDERS separately: 4x World,
The systems as mentioned earlier share a resemblance with the ForexAutoPilot EA (mentioned in these previous posts) which are specifically designed to AIM for a 100% win record.
I might as well try to develop similar systems / EAs to emulate this trading concept, but need to beware of the potential system drawdown.
5 comments:
Hi Lloyd!
I found your post very interesting but suddenly I noticed it was written a year ago!
Do you still use Zulutrade? The best performing providers have changed a lot lately, but many are doing very good! I started analyzing their results with different stop-loss, and some are excellent with small (like 80-100 pips) SL so you don't take to much risk by using them..
Frank
Hi I am a zulutrade signal provider I am listed under the username everheaj. I have only been on zulutrade for a little less than a week and I am up greater than 150 pips. my max loss was 60 some odd pips. I don't like to let a trade go much over 50 pips in the negative. Whenever I place a trade I watch it and pay close attention to it. I don't do like other signal providers and let it run until it's in the positive. Some signal providers i.e. the top ones let there trades run in the negative by thousands. Most people don't have account sizes that big. So either way if you are interested in making money in the forex market come check me out at www.zulutrade.com. Have a pip filled day. I know I will.
I was using Zulutrade service live with AVAFX account. I was using mini account, and at first I got very good results but I failed because I was using to high risk - I have traded using 2 signal providers allowing them to open 10 positions per signal provider..
I had slipped with one of the providers which lost about 55% of initial deposit, then I lowered my risk and gained back 30% and decided to move to FXCM micro account, because FXCM had better and faster execution.
But I had never funded FXCM account, really don't know why now..
Maybe it seemed a bit too high risk to underly to unknown trader, who has 3 months or less past performance.
Also, I noticed that the best results with low risk reward ratio has the new traders - they start with little initial amount of money and carefully trades to get better past performance. And with every trade they become more and more gready - they open the same position 3 or 4 times in a half of minute. So you must be ready to check the provider how much trades he generates within one little period. As my selected provider was opening 2 or 3 trades and later on he moved to open 4 to 5 positions and if they goes wrong - 3 or 4 more. If user does not limits the opened positions, he soon can come lost..
The best way to use this service - open micro account, select few providers who has even graph of pips, not sudden spikes, analyze how many trades they open within the same minute and limit opened positions to max 5 per provider. With such settings you may enjoy steady slow growth, otherwise you will repeat my fate (oh I wish I had read such info before I had traded).
Besides, when I was trading I was looking for a rebate service for Zulutrade, and there were no at that time.. Now you can get rebates from me, just register at my site at ForexTradinChoice.com. As I was calculating, with $5000 account I should have got a rebate of $300-$400 hundreds, so it's to everyone's choice, to use or not to use Forex rebate service.
Trading Forex currency online is very hard to do unless you have a lot of experience, you could lose out big time, or you can let signal providers provide you with buying and selling signals, go to Zulu's and check out signal provider "First Zulu" as a signal provider, he make 100% correct trades and makes a lot of money, he can do the same for you!
So how does it work? Well this system allows professional traders with many years experience to trade for you, so in effect, you piggy back of their trades. So when they open a new trade the system will automatically do the same for you, and when the signal provider closes the trade it does the same for you at the same time, and you make the profit too!
If you would like to see for yourself the link below will take you to the site and there you can have a DEMO account with $50,000 (not real money) deposited in your account then by adding the signal provider "first zulu" to your portfolio, he will start trading the forex market for you and you will see how $thousands will be made for you.
The signal provider “First Zulu” link is: https://autotrade.zulutrade.com/TradeHistoryIndividual.aspx?pid=12131
I am a qualified Financial Advisor and used to work for one of the world’s largest banks. I trade on a 15m and 30m chart and have made some good pips with no losses as yet
Zulutrade is a nice concept. Its an autotrading web based platform that you assign signal providers to do the trading for you. I have had a live account with zulu for about 6 months and i have had a ROI of about 50%
The tricky part is that to select the right signal provider so you dont loose your money. Their ranking system is not working good, so dont choose any of the top 5 signal providers, like lowestdd cause you are going to loose, as they do a lot of scalping and leave many open trades.
Experiment with demo account first, find a good signal provider (i dont want to suggest any, i dont want to advertise) and then open a live account.
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