Zulutrade Live Account Reviews
Posted by Fx247 on 16 April, 2009
2 Comments
This item was filled under [ Forex, Forex Market ]
Paul Howarth (FXDD518xxx) says…
I have tried several on line trading systems and EA’s, and from ZuluTrade I have learned the most, a demo and a live account.
Here is what Paul Howarth do with ZuluTrade:
- Find providers who average 3 hours or less per trade at ZuluTrade.
- Find providers with live users at ZuluTrade.
- Find traders with over 100 trades and a win % over 90%.
- Make sure the signal providers use stops lose.
- Restrict the amount of open trades each provider can open.I use two max per signal provider.(Breaking this rule can cause a fast margin call and force your broker to close loosing trades with out notice).
- Keep your meta trader open just in case the web site has tech issues.
- Open a mini account at ZuluTrade and trade small lots until you understand how your signal providers trade.
- Start with a ZuluTrade Demo account.
Avoid not to do at ZuluTrade:
- New signal providers.
- Signal providers with less than 100 winning trades.
- Signal providers with Large Max Draw Downs.
- Providers who don’t use stops.
- Traders who are in trades for days (You can look up their open trades and see how long they have been open).
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2 Comments on “Zulutrade Live Account Reviews”
Hi I am a new signal provider for zulutrade I have been going for 3 days and I am up 155 pips. My stats says I had a max drawdown of 101 but it makes no sense my biggest loss was 65 pips and I rarely let a trade go much below 50 pips. I understand people don’t want to be stuck in trades for days and neither do I. I trade at specific times of the day to ensure that I am selling at the top or buying at the bottom. Do I lose? Of course I do but I do try to keep them at a minimum. So come check me out my username is everheaj and tell your friends try me on demo for a while and see what you think. I promise you will not be dissappointed. I trade forex for a living and I make a great income doing so. I saw this service and thought I could use it as a bailout plan for the struggling forex trader that would like to get some pips and not let his account get blown by some phony trader that causes a margin call on your account or some retarded robot. I am the real deal give me a shot on your demo account. If you can’t wait go ahead and put me on your live account. Doesn’t bother me I trade my own trades live on my account.
Hi Fx247,
I would like to know how you insure that you know your signal provider uses stop loss… ? that’s my main issue as the risk is calculated from the stop loss.
Regards,
Thibaut