Yes Eddy
you can use it to know what lot sizes to use and to set a stop loss. this can be done to match the amount of trading capital you have. each siganl provider is different and will need a seperate risk profile. This can easily be done with the calculators.
Choose a signal provider. Look at the currency pairs it trades and use this to fill in the calculators. if you get stuck on a stoploss let me know and I’ll show you how you work it out.
Portfolio update
At the start of this thread I was looking to trade a conservative portfolio.
after 6 months of trading My £10,000
portfolio has grown to £11,867
an increase of 11.8%
this is in line with my conservative objectives and I am happy so far.
below is a graph of the portfolio.
thank you for the detailed answer.
but usually they have their own stop/loss attributed. do you say i should modify them as well, would be really helpful, if you give me an hipothetical example of the calculations.
Hi Eddy
yes you use the siganl providers stoploss but you also add in your own. by adding in your own stoploss we are creating a set risk control for our signal provider. if we just leave a signal provider to trade with us we open ourselves up to massive losses. by adding our stoploss we set a limit on the amount of money we will lose per trade.
I have aslo set this signal provider up for you (See image) i have used a 10,000 demo and a 5% risk per trade. i have used a max open trades of 18 as this given to me by the margin calculator. this stops my risk of a margin call as the original signal provider had a max open trades of 30 which was to much risk and would lead to ovetrading.
riiiiiiiiiiiight!!!
i really cannot thank you enough!!! thats a really cool trick you are showing me there. btw, i thought this was done with the zuluguard, no? it works in the same direction more or less.
Zuluguard works by switching provider if the one you are following has an above average loss. this is different from controling your risk per trade.
example.
we both are using the same signal provider with a 10,000 account.
We are trading at $1 per pip.
I have my risk profile set for max 5% loss per trade
You have not used any money management.
A trade is opened and goes against us. the signal provider does not use risk management.
my losses are defined as 5% of my trading account or 500
your losses are unlimited if the market falls by 1000pip you have lost 1,000 from you account. it could fall to 2,000 pips or more. this effects you as you do not know whether to stop the trade or hope it turns around.
by using a defined risk management we know our potential for loss before we trade. if we do not use it what losses can we expect when we follow a signal provider??? it’s gueswork and I only work with fact…
I want to know before i trade.
Hey eddy Mo
Great news… the guy who runs ForexTradingTutorial has just set a timeline teaching how to make money with zulutrade.
check it out here now
Thanks Magret for the info. I think it is a very very cool explanation 
I will study it thouroughly. you are totally right. we need to know all the factors bofore investing.
the zuluguard - you can set up the limits and not check the box of provider rotating option. simply disableling the trader.
anyhow let me go study those stop looses level.
sorry for the dumb questions but maybe you can share some decents traders for me to follow - some that you think/tested to perform awsome 
Hi Eddy Mo
Im looking at a portfolio of systems at the moment. I will test it out and let you know how I get on. once i know if it good i’ll let you know the details.
is this a trader on zulutrade, i was trying to search for it, but found nothing…
Hi Eddy Mo
How’s your trading going?
Hi
I wish every a profitable trading week
same to you my friend Margret
may your week be full of pips !!!
I recently became a signal provider and i’ve been at this forex game for a number of years on a full time basis. I got a question for you folks. How many trades is a good sample for you to be involved with a particular signal provider?
I use 2-4 at most for me new signal providers , with some exceptions (like qurenix) i might use more if i see that the results are good with low drawdowns. Whats your zulu signal provider name?
My name is island wealth investor. I guess being from hawaii I had to place island somewhere in the name. I started a journal to update my progress as a signal provider. I will try to update daily. The diffculty i am experiencing is once i place my own live trade I have to also open zulu and quickly enter also.
how is this possible…don’t you usually link your MT4 with zulutrade …it is wierd to place trades twice…really odd.
where is this trading log/journal you are talking about?
i am trading thru gft deal book all these years and am very comfortable with it and also use mt4 for charting purposes. Might be a good idea to switch over completely to one platform so placing two orders would not be necessary. Baby pips doesnt allow me to post the link until I post at least once more. If you do a search under my name gkawa22 or zulu I believe you will find me.
yes i found your tradind profile under tha name " island wealth investor" only two trades…
well change it cant be that hard…i mean placing same trade two times in such an automated trading is a bit out of question.
I like these providers:
Silver Investment Fund
and
1DayStar
