My Zulutrade signal Provider

Trading Discussion
1

Hello ,
In the topic i will put daily updates on my Signal provider at zulutrade
I have been trading since 2008 and i joined zulutrade 18 weeks ago , i liked it because it brings so much challange ,
I am trading on :
EURUSD
GBPUSD
AUDUSD
EURJPY
Just that 4 pairs ,
Most of my trades is scalping for 10-30 pips with a stop ofcourse ,
I have live followers now and my rank is #125 when i am writing this post now ,
am the top on my country also

Am trying to reduce drawdown and not to open than 4-6 trades in the same time ,

So let’s see what its gonna be like every day

Here’s my signal provider link :
http://www.zulutrade.com/TradeHistor...spx?pid=105187

I would be glad to hear any comments .
(( I hope that is in the right forum and to be allowed ))

2

Hi there! I am a live follower , could you post again your link please cause it doesnt work. What are your stop/loss?

3

Hi Roreki,

I see that you have a few names in ZuluTrade…

Your current SP user has 3 open trades on EUR/JPY but with no stoploss or take profit:

20121003_Mw_screen.jpg700×141 15.3 KB

Why you didn’t you use a stop and a take profit for these open positions?

4

Also,

I see you have allowed a trade to be in a loss of -350 pips but then closed it with a profit of only +7.4 pips:

20121003_MW_screen2.jpg700×347 54.6 KB

This is a fairly poor risk management and is not a long term trade as then the profit would have been much higher. Your high rank does not mean I will necessarily profit by following you. The exposure is dar too high for my liking. I see the market was against you over 6,000 pips and you still kept the trades open (correct me if I am wrong).

Not for me mate, sorry.By the way, the SP name is RorekZ

5

Mikeheart which traders are you copying in zulutrade?

6

I am following several SP in zulutrade. Good good system (although he is a relatively new SP) and or kahana. I am not copying anyone at the moment but just monitoring. I am looking for SP that have the biggest potential for the long term and not just for a few days/weeks/months etc.

7

Never heard of those zulu traders before , will check them up , thanks!

8

So what happened, Johhnypip, you checked them up?