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forexrus

Zulutrade

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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.

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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!

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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!

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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!

ย 

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.

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Max DD:

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

ย 

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.

ย 

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$? you will loose 5000$

ย 

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".

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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%.

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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:

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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.

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