right right!
then check out the zulutrade - open a demo and see how it works for yourself!
its pretty much straight forward easy earned money!
right right!
then check out the zulutrade - open a demo and see how it works for yourself!
its pretty much straight forward easy earned money!
[QUOTE=âEDDY MO;539500â]right right!
then check out the zulutrade - open a demo and see how it works for yourself!
its pretty much straight forward easy earned money![/QUOTE]
There is no âstraight forward easy earned moneyâ. There is no free lunch.
Of course there isnât I didnt say its for free. There is always a trade off.
too bad you not seeing it! there are other benefit to that type of trading, and they are not financial.
Anyone got an opinion on mgn asset management ranking #3 now
Sorry, didnt quite get your msg? are you asking tips on how to manage your account on zulutrade?
trader or a follower?
I am asking about the signal provider mgn asset management today its ranking #2
Well then why dont you ask him himself, in the official zulutrade forum and / or on his wall but you need to be a live follower in order to commentâŚ
Hello there never had the chance to ask you directly?..what do you mean by a âpunished Zulutradefollowerâ??
did you manage to figure out your own way of account management on zulutrade?
Hmm, Iâm thinking, the âpunishedâ is descibed in the post already.
Not exactly.From what he writes he states that he lost some money but wants to build a discussion group on SPs analysis, which states by itself that he is still following, unless he blew all off , sometimes it is a slippery slope this, unfortunately, greed is quite easy to obtain.
Hello
I can tell my experience.
Opened a demo account, plus 3 other sub accounts.
I lost virtual money on every account.
I recoup only with manual trading :).
Storied seller alias increasing deposit and PTWM2015, they make me lost a lot, and they were on the top.
The problems with ZT imho are ranking and slippage.
You as follower have to be very smart( a trader ) with signal provider picking and stop loss.
Now Iâm following ETE, Newwave and FX DealerS. They sems good, with low DD, but tomorrow? Who knows.
Overall, Iâm not going to put real money on ZT for now.
:60:
Hello there,
How about you straighten your story straight open an account with zulutrade and THEN post your comments.
see there is no slippage on demo testing account (weird) and should you think of being so smart why donât you put stop/losses and pL on the trades you follow? or simply follow with zulu-guard.
I donât know about you, but i put it quite a lot of money in zulutrade and have been winning for the past 2 years. Cant say it was easy all the time but, i managed to straighten my account management.
I agree with that, perhaps my words were not clear but I meant exactly that.
About the remaining questions, like it or not, I posted my experience.
I think that one can learn from a demo account, for example to set stops.
Slippage is not something that happend to me but I read about it on followers comments.
Hi, just wanna share my insight. About 1 year in forex trading, and Iâve had my share of losses & sleepless nights. Thanks to mirror-trading out there. I was able to recover my losses, about 75% as of today. While watching their positions, I learn & earn. Today, about 80% of my trades still come from these copy-trading, while 20% are my personal trades (which I only do when Iâm really confident with the pair, like my favorite CHFJPY). I am currently observing Zulu for the past months now, but Iâm careful coz many of them are on a demo trade only. Yes, finding the right trader to follow takes effort and diligence too. My top picks for now are: S.Investment Fx, O0oO0o, Mgn Asset mgmt.
Good luck everyone!
slippage, my friend, get to be avoided, as it is a brokerâs thing, so you change your trader along with your broker. and then it is limited.
Plus, keep in mind, with aaafx you get full slippage refund - so at the end of the day it is not much of a big problem
I thing you 80-20% rule is quite nice for diversifying the risk! good for you mate!
Nice sellection of traders as well
Hello everyone,
I came across this thread and thought I would mention a saved article I rediscovered on my computer.
I am going to try it out.
The article was about a guy that had opened a Zulutrade account and was analyzing SPs.
He started to see a trend on a few traders so he came up with a Manual trade strategy.
His analysis went like this:
Look for "Real Money Account Traders"
Have been trading at least a few months
Medium to high risk traders
High percentage winning trades
Good positive gains (PIPs)
Now here is the kicker:
Look for occasional, large Drawdowns
The strategy is that even though the trader has occasional large Drawdowns, they are better than not at being successful in winning the trades. (succesful in the long run)
Then he would put on Manual trades at every 100 PIPs (you could put on trade at your own intervals)
He would use only 2% Money Management on each trade.
He would get in at a better level than Zulutraders just automatically following.
He said he would not go more than 400 PIP down. (this was late 2012 - early 2013)
That is all the article said. I am looking for SPs right now that fit the parameters.
Thought I would pass this along.
Good Trading
I disagree on various levels:
Dont look for Medium to high risk traders and High percentage winning trades - they usually will blow your account.
Plus small account do not support high dd deviation. I think each should have the DD they can handle - for me 400 pips is quite a hit.
Actually, everybody should find their own way of account management
So, at the end of the day, what is better high risk account management or low risk account management ??
I would say, sometimes it is in-between - when markets are good you can have a little bit higher risks to get more returns, but when they are volatile, go with low risk margin to be on the save side. :57: