ShareFeatured Signal Providers
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ZuluTrade Review Scores
 www.zulutrade.com |
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| Overall Score: 5.0/10 | |
| Total Votes: 138 | |
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Discussion
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Member Since Sep 25, 2011 5 posts
Ninabura
Oct 04 2011 at 07:48
markopolo posted: With which broker? And you mean you paid in commissions or you lost $200? You cant have paid $200 in commissions, unless you have a huge account and trade in standard lots! Yes, it was commission, and my account was not so big $3000 |
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Member Since Jun 18, 2010 9 posts
andrewl
Oct 06 2011 at 11:25
So this means you used a broker with 1pip/trade commission and you opened 200 mini lots in one month? If this is the case, you either lost everything or gained like 1-2k at least, which in both cases the $200 commission is nothing IMO...Maybe you should open less lots? It sounds a bit risky strategy
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Member Since Aug 22, 2011 10 posts
charly1
Oct 06 2011 at 12:40
1 good strategy is to use a own signal account and follow with affiliate account so you get 0.9 pips back and external providers comissions are covered
email me for details ( no -us) |
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Member Since Jun 18, 2010 9 posts
andrewl
Oct 17 2011 at 12:26
New ranking again, this time I think they got it right!
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Member Since Nov 05, 2011 2 posts
forex000
Nov 08 2011 at 15:01
stevetrade posted: If they put this forward as the premise for the business then that would be fair enough, however this is what they claim to be: 'What is ZuluTrade ? ZuluTrade bridged the gap between valuable information in money markets and trade execution, by converting the advice of professional and talented traders globally to an executed trade rapidly and automatically in your account (from supported brokers) There was a time when trading was a headache. Not anymore! You don't have to study or monitor the market to make a good pick, because hundreds of industry well-known experts from all over the world are doing it for you. All you have to do is pick the experts you like, and ZuluTrade will quickly convert their advice into live trades in your trading account directly with the broker. And the best of all, it's completely FREE!* ZuluTrade receives rebates from the brokers, for the trades generated and splits them with the experts that provide the advice. Check the performance results recommended by our experts here' Now if it was to say 'ZuluTrade is a site full of dodgy chancers, sprinkled with a handful of decent traders. If you are prepared to spend ages sorting out the wheat from the chaff and have a degree in statistical analysis there is a small chance our highly flaky platform might convert some of those trades into one or two pip winners for you.' That would be a fairer representation of the business model. yes u say the true thank u so much |
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Member Since May 18, 2010 35 posts
klaabukosmos
Mar 22 2012 at 06:16
(edited Mar 22 2012 at 06:40 )
Is here any SP who had some commision?
http://forum.zulutrade.com/viewtopic.php?f=7&t=22723&sid=548f2e6f7b5ab594e8aa79c313830215&start=180 buy and pray.. |
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Member Since Nov 22, 2011 1 posts
hanstenfin
Mar 22 2012 at 13:51
I am sure there is....those that actually made some money trading :)
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Member Since Apr 28, 2010 4 posts
Brian Wright (shinobi_brian)
Jun 29 2012 at 12:38
(edited Jun 29 2012 at 12:40 )
I am one - check out shinobi_trader and shinobi_trader2:
http://www.zulutrade.com/TradeHistoryIndividual.aspx?pid=90316 http://www.zulutrade.com/TradeHistoryIndividual.aspx?pid=91725 |
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Member Since May 18, 2010 35 posts
klaabukosmos
Aug 20 2012 at 07:41
shinobi_brian posted:
I am one - check out shinobi_trader and shinobi_trader2: http://www.zulutrade.com/TradeHistoryIndividual.aspx?pid=90316 http://www.zulutrade.com/TradeHistoryIndividual.aspx?pid=91725 buy and pray.. |
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Member Since Sep 15, 2011 50 posts
ForexTU-James (Jaypipin)
Nov 11 2012 at 16:36
Good service, i think waiting 15 seconds before placing the next trade is a downside but this eliminates errors experienced with followers, or tries to atleast. The concern for me is 1. the main focus on pips should not be the prime performance indicator of a trader. more pips or less does not equte to good trading or capital growth. you could make 10 pips on USDCAD, but loss 300 on USDDKK, but still be up on balance this could be simply due to money management, you may have a larger position on USDCAD and a small position on USDDKK. So where on earth did those knuckleheads think okay lets plot the traders performace based on how much pips he/she makes.
2. The idea of a PAMM or mirror trading is i have an account of 100,000 USD and you have 10,000 USD, if i go long USDCAD 1 lot you should go long 0.1 lot. 10 percent of my trade size naturally because you have 10 percent the account size of mine. Simple math. Now what Zulutrade have gone and done, part genius part zulu influence if you know what i mean, they introduced the follower the power to allocate their desired risk. Seems safe, but its not. Its a mess to be frank. The system is smart it works out the traders performance and will adjust trade sizes along throughout the week/month. Or daily the trader could adjust his risk to lower or higher depending on his gut feeling or depending on what side of the bed he woke up. I mean seriously isnt the whole idea of someone following me mean they dont know what they are doing so now you give them the wheel at the pivotal moment when i execute a trade they 'gamble' the amount. I trust you see the irony in this. Zulutrade have gone horribly wrong here in my opinion and when i confronted them about it they said it is what it is, they dont offer pamm they have their own system and well if it works for some great. But consider very carefully what i just wrote. Money management is as important as the strategy so why on earth should the person following have a hand in making that decision.. ludicrous. For a final note, having to wait 15 seconds min to place or adjust a position is farcical, time is money etc and then on top of having to wait to ensure the trades make it to my followers some can still be missed. This equals risk. Try before you buy, but otherwise there are some good providers. Take the long way home |
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