ZuluTrade Review Scores

Zulutrade has changed the system profit chart.

This is what they told me:

'...we now display the trades that opened and closed on that date, including the trades that were open at that point of time and how they were performing....So,please remember that the Performance chart does not reflect the values of the closed positions but it calculate all floating positions and it is quite similar as the drawdown chart.'

I could agree with it, but they made a terrible mistake on my AGIRE FX-5 profit chart!

On June 1st, I started the day with a loss of 700 pips about with the open positions, then I closed the bad trades for a loss of 684 pips.

The closed position result of the day before was +3.180 pips, so -684 pips the update performance is +2.500 pips.

And by closing those bad trades, the open positions were in gain.

But if you see the profit chart, it says than on June 1st the system was at 1844.5 pips!

In practice, they added the open position loss with the closed ones!
It's a wrong duplicate!

And I still don't know if they will fix it. 😡

The problem with many providers is that you need to find wich broker is best for each one and probably each provider is using different broker.

Take in count that providers with small tp doesnt work beacuse slippage, <10 pips

I think it depends on the broker you will choose. Take a look at the slippage chart of your providers and also read the comments users make. But I think you might have to risk it if you want to see what is going on in reality...

I have been on and off demoing this for the last year. this demo run im running a $3000 demo account trading microlots with a 4 multiplier on the trades and the default limit on how many trades can be made by the providers. I am now 13 days into this demo and currently up 1322 pips.

I am running :
zulumaster1
SystemsFX LIVE
HighProfitFactor
FOREXTECHNO - [SYSTEM_A]
FOREXTECHNO - [EURUSD_LT]
Forex Cruise Control
Mercury Fx (this is disabled)

I disabled Mercury fx within the first few days. Not so much because it was loosing but when it lost it lost big time.

Now the big question on this is how much slippage occurs in this and the signal issues that seem to occur. If this account were to move live, how of the pips fly out the window then?

Did they make changes again? I see in alchemy now it has the balance of the live trader. And also they added a few things on the advanced settings in the accounts.

I like a lot zulutrade' s platform. Can say that I was surprised to see here a discussion with a signal provider. Not so common.
Although I am a beginner and many things are not so clear to me yet it, you helped me to understand what an experienced user should have on mind.

markopolo posted:
    Renato please start using a limit! You could have saved at least half of these negative trades if you monitored them and set a limit to 60!
2 of them where up to 75 before turning negative and that a shame both to us who follow you and you for loosing ranking & followers!
I have seen this with other providers as well, dont know if its a platform bug or greed...

It's correct what you wrote according to the last weeks, while the system settings are according to more than 5 years.
I have another system called AGIRE FX-10 that works like AGIRE FX-5, but with a double position for each pair.
One position works excatly like AGIRE FX-5, the other one has a different money management.
In that way the system does something like you wrote.

Renato please start using a limit! You could have saved at least half of these negative trades if you monitored them and set a limit to 60!
2 of them where up to 75 before turning negative and that a shame both to us who follow you and you for loosing ranking & followers!
I have seen this with other providers as well, dont know if its a platform bug or greed...

I use the iphone version. Nice app!

I see zulu released an android and ipad version of the zulu application! 😉

rennydee posted:
    

xara220 posted:
    What is your last minute thought before opening a position? :)

I pray! I pray! I pray!
God is my inspiration.
I also thank Him for bad trades.
I owe everything to Him!
And I invite all of you to do the same and you'll see big miracles in your life!

Thank you for the unexpected answer. I was expecting you to tell me something about last calculation of risk or money management. Probably these are made first :)
Thank you for your signals

Done it!
I just set a default Stop Loss of 650 pips for the pairs currently without a it.

markopolo posted:
    You bought the EUR/CHF...think this was a bad move, but you still keep the order open with no stop...keep in mind that if you reach -700 you loose all your commissions! 😇😇

Part of that trade has been covered with +85 pips on the UsdChf Short.
Then, today, a new Short on EurGbp has started and it will cover a possible drop of Euro pairs.
The system is still close the 2011 high with closed positions and it's loosing less than 300 pips right now with the open positions.
Everything is under control. 😉

PS: I know the new Zulutrade policy about the max stop per trade...I will take care. 😄

You bought the EUR/CHF...think this was a bad move, but you still keep the order open with no stop...keep in mind that if you reach -700 you loose all your commissions! 😇😇

A new record: historical 4th position for AGIRE FX-5 on Zulutrade ranking! 😁

<a target='_blank' title='ImageShack - Image And Video Hosting' href='/'><img src='' border='0'/></a>

xara220 posted:
    What is your last minute thought before opening a position? :)

I pray! I pray! I pray!
God is my inspiration.
I also thank Him for bad trades.
I owe everything to Him!
And I invite all of you to do the same and you'll see big miracles in your life!

What is your last minute thought before opening a position? :)

markopolo posted:
    Grats! Zulu needs good providers that dont trade just to get the commission! Just dont get greedy please! 😁😁

Thanks, markopolo.
I just have to follow the rules I set for the system...in good times and bad times. 😉

Grats! Zulu needs good providers that dont trade just to get the commission! Just dont get greedy please! 😁😁