ZuluTrade Skóre recenzií
ZuluTrade
markopolo
Členom od Jul 08, 2010
49 príspevkov
May 02 2011 at 09:54
This is the correct formula. The thing with zulu is that the providers dont have an initial 'balance', so at the start you can only calculate %DD based on the PnL chart, meaning that a provider can have 0 or 100% DD when he starts. Also, since a provider might trade from a demo, he can leave negative open trades forever, with no impact, but since zulu calculates the open order DD, this has actually an impact on the provider performance.
With the new advanced search you can filter and show only good providers, I use this and not the zulu ranking!
With the new advanced search you can filter and show only good providers, I use this and not the zulu ranking!
Renato Decarolis
(rennydee)
Členom od Nov 22, 2010
107 príspevkov
Apr 27 2011 at 08:51
markopolo posted:I don't think it is correct.
The calculation formula they gave you is the correct one to calculate the %DD.
Investopedia explains Drawdown:
A drawdown is measured from the time a retrenchment begins to when a new high is reached. This method is used because a valley can't be measured until a new high occurs. Once the new high is reached, the percentage change from the old high to the smallest trough is recorded.
Dito
(newborn)
Členom od Oct 23, 2009
7 príspevkov
Apr 27 2011 at 08:44
rennydee posted:
What do you think about it?
I think they're incorrect. They should've count both closed position DD plus open position floating loss, the way myfxbook & zipsignals done it.
I wonder if their staff / programmers have knowledge in trading field. As one of their SP, only answers that seems 'knowledgeable' from their staff is Mariosv's answers. For company with revenue that big (my revenue times 100 more -above 100 followers- profitable SPs which I suspect have much more revenue than myself), I find it hard to believe that they can't hire a proper cust. support / development staff.
And the message system is too heavily moderated when it come to mentioning AAAFx or zulutrade, but they let bullying messages to followers (FOTW in example), spam (fxgoo spamming everywhere) a greenlight.
markopolo
Členom od Jul 08, 2010
49 príspevkov
Apr 26 2011 at 12:29
The calculation formula they gave you is the correct one to calculate the %DD. The difference is that zulu calculates a %DD for open orders as well, which IMO it is correct, as most providers leave many open negative trades
xara220
Členom od Mar 30, 2011
12 príspevkov
Apr 20 2011 at 15:11
It seems to me that this system is better because it calculates the negative open positions as DD and does not wait until a position is closed.
Renato Decarolis
(rennydee)
Členom od Nov 22, 2010
107 príspevkov
Apr 19 2011 at 10:40
rennydee posted:
Then, I asked about the way they calculate the DD in % and here is the answer:
'This is calculated by dividing the Max DD (as described above) by the number of total pips won. So if Max DD pips is 348 and total pips won is 5683, then Max DD% will be 6% (348/5683 = 0.06).
This statistic indicates how much of his profit the Signal Provider has risked - e.g. if Max DD% is more than 100% that Signal Provider could have potentially lost more than what he has earned so far. The less it is, the less risky the Signal Provider can be considered.'
That looks like more a Risk/Reward Ratio instead of a DD!
Renato Decarolis
(rennydee)
Členom od Nov 22, 2010
107 príspevkov
Apr 19 2011 at 10:23
I just had an interesting chat with Zulutrade live assistant about the way Zulu calculates the max DD.
This is the example they gave me:
'If at time 00:00 a Signal Provider has 5 open trades, 4 winning, 1 losing 5 pips, the DD is 5 pips.
If at time 01:00 you have 5 open trades, 1 winning, 4 losing 5, 10, 15 and 20 pips respectively, then DD is 50 (5+10+15+20) pips.
If at time 02:00 you have 5 winning trades, then your DD is zero.'
So the DD is only on open positions!
Then, I asked about the way they calculate the DD in % and here is the answer:
'This is calculated by dividing the Max DD (as described above) by the number of total pips won. So if Max DD pips is 348 and total pips won is 5683, then Max DD% will be 6% (348/5683 = 0.06).
This statistic indicates how much of his profit the Signal Provider has risked - e.g. if Max DD% is more than 100% that Signal Provider could have potentially lost more than what he has earned so far. The less it is, the less risky the Signal Provider can be considered.'
What do you think about it?
This is the example they gave me:
'If at time 00:00 a Signal Provider has 5 open trades, 4 winning, 1 losing 5 pips, the DD is 5 pips.
If at time 01:00 you have 5 open trades, 1 winning, 4 losing 5, 10, 15 and 20 pips respectively, then DD is 50 (5+10+15+20) pips.
If at time 02:00 you have 5 winning trades, then your DD is zero.'
So the DD is only on open positions!
Then, I asked about the way they calculate the DD in % and here is the answer:
'This is calculated by dividing the Max DD (as described above) by the number of total pips won. So if Max DD pips is 348 and total pips won is 5683, then Max DD% will be 6% (348/5683 = 0.06).
This statistic indicates how much of his profit the Signal Provider has risked - e.g. if Max DD% is more than 100% that Signal Provider could have potentially lost more than what he has earned so far. The less it is, the less risky the Signal Provider can be considered.'
What do you think about it?
tradercz
Členom od Oct 13, 2010
5 príspevkov
Apr 19 2011 at 08:31
the alchemy is a brilliant idea! 😁😁
markopolo
Členom od Jul 08, 2010
49 príspevkov
Apr 11 2011 at 12:27
Which broker and providers do you use? Usually its the broker that messes up, I had to change mine and it is much better since then!

Apr 08 2011 at 13:55
They are Very slow!
and always make trade delary!
and the Page always in incorrect!!!
Profit never happen!!!
and always make trade delary!
and the Page always in incorrect!!!
Profit never happen!!!
xara220
Členom od Mar 30, 2011
12 príspevkov
Apr 07 2011 at 13:35
I have never added him in my SP portfolio. I like to follow more conservative SP who are thinking their followers. However I have to admit that I was jealous for some of his trades.
markopolo
Členom od Jul 08, 2010
49 príspevkov
Apr 06 2011 at 11:23
lol fly on the wall has done it this time! I think its the end of him and all of his alt. accounts for good! Thats why the 100% success strategy never works!
markopolo
Členom od Jul 08, 2010
49 príspevkov
Apr 04 2011 at 10:38
chinahunter posted:
Zulu has changed Rank on Performance page
Yes its quite a change! Think its for the best, old ranking had issues.
xara220
Členom od Mar 30, 2011
12 príspevkov
Mar 30 2011 at 14:12
markopolo posted:
I think this new alchemy feature is a brilliant idea! The only negative is that you cant see the capital each follower has. Because it is different to trade with $1000 and with $100,000 :)
I agree it' s cool to have 'access' to other user's account settings. Actually for some of them I wish with all of my heart it could be mine !!! :)
russiantrader
Členom od Feb 08, 2011
9 príspevkov
Mar 30 2011 at 11:50
True, however one can adjust his settings based on his account size. I always look the margin call o meter to be less than 40%.
The alchemy looks promising
The alchemy looks promising
markopolo
Členom od Jul 08, 2010
49 príspevkov
Mar 29 2011 at 09:40
I think this new alchemy feature is a brilliant idea! The only negative is that you cant see the capital each follower has. Because it is different to trade with $1000 and with $100,000 :)
ChinaHunter
(chinahunter)
Členom od Jul 17, 2010
30 príspevkov
Mar 24 2011 at 12:26
Zulu has changed Rank on Performance page
Mind+Method+Money= NOTHING IMPOSSIBLE
Renato Decarolis
(rennydee)
Členom od Nov 22, 2010
107 príspevkov
Mar 24 2011 at 07:16
Very interesting!
ChinaHunter
(chinahunter)
Členom od Jul 17, 2010
30 príspevkov
Mar 24 2011 at 07:14
Look at 'Max Open Trades'
Open huge open trades ,but live followers can not receive and These orders are part of PERFORMANCE
This is the most serious problems ...
Open huge open trades ,but live followers can not receive and These orders are part of PERFORMANCE
This is the most serious problems ...
Mind+Method+Money= NOTHING IMPOSSIBLE
Ak chcete komentovať, prihláste sa .