Im following Qurenix seems he open over 10 Trade yesterday and all lost. i’ve lost over 300usd just yesterday on my Demo and i’ve removed him. He seems to be a quite good signal before as i read from some signal review.
You have to be careful with Zulu, a guy will have an amazing track record for months, then all of a sudden go against every principle of his trading strategy and they become vanish in a span of a week after blowing up a bunch of accounts.
I’m still actively looking into PAMMs,EAs, and Zulutrade to utilize my capital while I’m learning, but you have to be very careful when you let someone else gamble your money. Maybe they have a bad day at work, come home, make reckless trades, and your capital is gone if you don’t have the proper settings.
That’s is the issue here I’m not familiar with the settings here. as im quite new to Forex and Zulu.
Mind of provide some guideline here.
I tend to disagree!!
and will tell you exactly so - there is a way to protect your capital as a follower - both with the zuluguard and the custom stop/losses. so whatever you wish to follow you get to be protected. Also, keep in mind that, not all the traders behave like that - just because someone or two did that - got panicked and ran away, other are their to win over the followers - so there would be always good traders to be found.
[QUOTE=“EDDY MO;500306”]I tend to disagree!!
and will tell you exactly so - there is a way to protect your capital as a follower - both with the zuluguard and the custom stop/losses. so whatever you wish to follow you get to be protected. Also, keep in mind that, not all the traders behave like that - just because someone or two did that - got panicked and ran away, other are their to win over the followers - so there would be always good traders to be found.[/QUOTE]
Thanks Eddy for the info. I’m still new on this. Need more learning.
sure !!! always glad to help!
I know how it is in the beginning - everything seems so so wierd and unknown teritory! and i had very little to none help in the forums they were actually quite hostile towards me…
Hi Eddy,
I totally understand on ur situation during those days, and its nice to know that its over.
hey did you notice that the Thread are a bit down this week as i notice most trader are getting a lost. So scare to start to follow using my live account…
Im still monitoring using my demo still.
feins, you know what, if you are scared and you wait you are loosing momentum - good trades that can come to you account like it or not. From the moment there is protection, you can easily either not follow or follow with low account lots. This is how it is done.
Hi Eddy,
Could you elaborate abit more there im not sure i can catch up with you.
waiting on the demo line and testing and testing and testing would not make you any profits. Of course, sit and learn the platform inside out, but don’t wait too much or you loose the momentum - while people are gaining money and being happy.
Secondly, keep in mind that, just because some traders are loosing, there are others that are winning. so another momentum to not be lost. There is an opportunity in every move. And additionally there is equity protection…
more or less everything, along this line of thought.
Thanks for the advice.
I had a live and was going to add some trader. only which will be added!?
Anytime! whatever you are not sure of, ask freely away! who’s your broker btw?
well you can add anybody from the top 5 - except for GBPJPYxiong…as I am not a big fan of this guy- he seems too risky for my investing taste…but as wel all know this is quite subjective.
[QUOTE=“EDDY MO;501600”]Anytime! whatever you are not sure of, ask freely away! who’s your broker btw?
well you can add anybody from the top 5 - except for GBPJPYxiong…as I am not a big fan of this guy- he seems too risky for my investing taste…but as wel all know this is quite subjective.[/QUOTE]
Hi eddy,
Thanks for ur respond. My broker are AAAFx and I’ve only added Azar Consulting and Newwave. But Newwave seems having issue with 2 of its trade and still loosing pips.
Newwave try to hedge the short position in USD/JPY. We saw a normal reversal after a strong down move. Iam convinced that he can handle the position.
My list at the moment:
Whitelist: (Traders you might watch)
NEW for333 (very long history)
Newwave
aBaxs-news (news strategy)
Azar Consulting (struggle at the moment)
Qurenix (beware - change strategy!!)
Scarlettrader (good communication and consistent performance)
FRS_USD
Fx Primus LIVE ACCOUNT (phase of weakness)
Watchlist:
chaoeur
Storied seller
SteadyCapture
greenfx777-6
aBaxs,
for333 - never liked him, so my suggestion is keep an eye on him. Same goes for greenfx777-6.
with the rest I agree. they are ok to be followed, quite nicely btw!
Its a bad week for me. just 2 day lost over 100usd on my 500usd micro account… Yesterday just 1 day I’ve lost 136pips from Azar consultant and the day before Newwave which i stop all trading from him once i saw the losses.
Today Newwave also on a loosing paste if it keep going like this i guess there will blow my account.
Well feins, I told you to zuluguard? what happened? protect you account.
Your trader’s account is much bigger, thus his risk appetite/resistance can be much higher that yours…
I did Zuluguard mine here is the history. now i’ve temporary disable the Trader. pls do advice on the setting.
hello there friend,
well if i were you I would’ve also put max open trades (watch to not be more that the traders already opens ) and single trade protection trade limit to double the pips - 50 trades.
Eddy Mo, how have you done with Zulutrade over the time you have used them?