ok, lets say I believe your view that the others are bad. But then give reasons, if you know the market you can explain why are the others not good. I mentioned about 8 names, Bird_65 you do not need to explain.
I am also interested in your opinion if you have been in this game for a long time:-) So then tell me some crazy stories so others can learn from your failures. Be a bit more specific about example than you were in the last one.
I never said I plan to get rich quickly. I think with money management it is possible though with Zulutrade good money to make if you have the right settings and signal providers. I just started it and look forward for better signal providers and better settings.
The problem I see with Zulutrade is that people there are not 100% transparent.
People who are legitimate mentors should be 100% transparent and have nothing to hide. It is those people that have things to hide that are not true mentors, but “wanna-be’s” or people who are out to scam money rather than offer a good service.
Being a zulu signal provider you get to see the daily balance of your followers. One follower had a normal sized account drawn down to 10 cents and cannot trade anymore, his account was drawn down in one day. :o
Yes but why was his account drawn down? I mean for this reason do you have Zuluguard. I do not give full control to my providers for this reason. I they lose a specific amount of pips the trade is closed and they are automatically turned off.
You are a very smart follower then, most inexperienced followers are looking to take their accounts from zero to a billion in a day! Why did he blow up his account? You would need to ask him that. However, what I can tell you is my profits could never counter balance his losses from other providers, the losses were enormous.
I’m not knocking other providers but I am stating what is real, I’ve seen it with my own two eyes.
i would say for a follower to blow his account is also his fault as well when it comes to it, because it is actually his fault for not using the zuluguard protective tools
can you please explain the theory of entering a long trade of GBP/CHF basically on the highs? Why do you think it will continue to rise and not reverse? I think a long term reversal is more in this pair. As I see your last major lost of exactly the same pair, however I think that time you took the right side of the trade and got unlucky.
I think we will be stopped out. A good thing is that you use a realistic stop loss so I use zuluguard on you but hopefully i do not have to worry that much:-)
my trades are doing great! I have found some new and good providers. Made appropriate (to me at least) Zuluguard and I also limit my losses with closing currency pairs for traders. I also limit the number of trades to a little amount however rather have more traders. With Bird_65 I am very skeptical and give him only 2-3 trades maximum with tight stop loss.
I also try other strategies. My margincall-o-meter is about 60% and with this defensive strategy and very little risk I gained 5% in a week!
And how is it going for you? Who are our signal providers?
One point where I have a very different view of yours: I have top guys from the ranking but the ranking does not show the relative strength and reality. It shows basically the signal providers who bring many commisions…
The zulu trading platform has been freezing up and prevented some of us signal providers from managing and entering trades. I just spoke to tech support and had to have them close position until this issue is resolved. :28:
[QUOTE=“EDDY MO;633506”]Against losing positions you can simply be zuluguard-ed, or simply get a stop/losses on your trades or limit the number followed. So Jmack, who are you following anybody worth it?[/QUOTE]
Currently got real money with these Eddy
Bird_65
Angel_65
Nemer88
Widow system
First eagle
Had to ditch a few - including Fibonachi Chris
They were in a hole and just kept digging.
My little account just can’t handle the huge drawdown.
Like I said Eddy … 4 or 5 positions is fine …
But 30 positions … All in the red … All the same pair ??
That’s what I’m keeping away from.
I agree with you completely. Keep the risk small and allocate not more than 3-4 trades it goes without saying. I would advice you, for example, to make a ‘hedge’ or a combination of following certain pairs - some that are not so much correlated for example.
[QUOTE=“EDDY MO;636034”]I agree with you completely. Keep the risk small and allocate not more than 3-4 trades it goes without saying. I would advice you, for example, to make a ‘hedge’ or a combination of following certain pairs - some that are not so much correlated for example.[/QUOTE]
Hey Eddie
Between my MT4 signal providers and Zulutrade … I seem to be significantly Long on the Eur / Usd
Any thoughts ???
wait as far as I know you can subscribe to one one mt4 trader foe one month, for example…about the strategies I cant really say - each trader chooses their own type of trading…actually what is your question exactly, Jmack?
[QUOTE=“EDDY MO;636572”]wait as far as I know you can subscribe to one one mt4 trader foe one month, for example…about the strategies I cant really say - each trader chooses their own type of trading…actually what is your question exactly, Jmack?[/QUOTE]
Big chunk of the contracts I have are long the Eur Usd
I don’t really know how to reply on this. You are posting in the wrong section. Go read some market blog or analysis of how to trade the pair. As for zulutrade, if you not sure you can always zuluguard the trader and limit your exposure to it.
