Zulu Trader - I'm a new signal provider

You obviously don’t understand the math.

Anyways, your disrespect is beyond my comprehension. Best of luck and hope to see your performance soon.

Have a great day.

I look dumb?

I know how Zulu works. You apparently can’t READ.
Here. Let me put it in big bold letters okay?
[B]
If your [U]AVERAGE WIN[/U] is 30 times less than your [U]LARGEST LOSS[/U], your strategy is pretty much toast.[/B]

Got it?

My reasoning?

Someday, your large loss won’t be just a oneoff. You’ll eat up those average 6 pip wins with a string of bad trades that amount to a huge drawdown.

See how that math works?

But hey. I’m a dummy… WTF do I know?

LOLOLOL… So you think the avg winner is 6 pips and avg loser is 185? OMG… I’m done talking to noobs.

AVG WIN IS NOT 6 PIPS… Can you please check your math again.

Understand the statistics before making comments please.

How was I in ANY way disrespectful?

You posted a link with a very questionable set of numbers, and I pointed out the most glaring one.
You’ve got big shiny gold stars in your eyes that are blocking your vision of those less than stellar stats.

You’re the disrespectful one… I’m a friggin’ MUPPET?

Gimme a break. We could have had a discussion, and you don’t even question why I said what I said, you just assume I don’t know what the hell I’m talking about.

As for my stats, I don’t need to show off. I’m very content with who I am, and what I do.

Are you familiar with Forex Cruise Control and all the other top strategies on Zulul? Go check them out and then come back and talk to me…

Wow…the ignorance…

LOL… questionable numbers if you don’t know how to read them…

Learn how to read and then we can have a discussion.

Please check the other strategies on Zulu…

Or are they all garbage?

If you think that number is the AVG winner… you should look at that number closely and figure out what it really means… might take you a while… but go give it a try.

It’s not rocket science…

And the vast majority of Zulu’s participants are garbage. Yes.

Did I say you were?

No.

I just know a strategy that lets loser run that far is prone to failure.
That’s DEFINITELY not rocket science.

Have fun kids!

Ya’ll can have your teeter totter back.

OMG… who said lets losers run? I asked you to look at the top strategies at Zulu… you know, just look at the #1 strategy that has $26,000,000 following it. Let me know what you think.

I’ll post the image of the stats and let everyone see it… You no clue on this one… sorry.

Profit 352 pips
Open Positions 0 pips
Trades 62
Winning trades 44 (70%)
Average pips/trade 6.0
Average trade time 14 hours
Maximum drawdown 65% (230)
Max Open Trades 3
Worst Trade -185 pips
Best Trade 162 pips
Followers 1
Has live followers No
Ranking 2473
Running weeks 33
Necessary Minimum Equity $77.24
Viewed 648 times
Updated on 02 May 2012 11:12 UTC

Tell me where it says the AVERAGE WINNER is 6 pips? not rocket science kids.

My screen name is a joke.

Watch the movie “Kung Pow”, and you’ll realize Master Tang was no master.

Master - fair comment re my recent draw down - been trading since Feb - so Im starting again.

Your comment was incorrect though - my response was maybe a little harsh but your maths was wrong and hence unfair.

Anyways - you’ll see my performance soon so you’ll have more amo :slight_smile:

Lets see - Uptick you make some large losses - but wait… what’s this? Oh you also make some nice profits that… wait for it… <drum role>… give the net effect of a nice little average.

And where ALSO is the proof - well FX Cruise Control who is No.1 on Zulu now lets see his stats:

  1. Worst trade -240
  2. Avg pips 9.

Oh according to Master he’s a gonna surely - but hang on there is $26m following him - well - what a bunch of muppets they are :wink:

Never been too big to admit I didn’t see something.

Okay, average TRADE is a 6 pip winner.

But you didn’t read me correctly either. NOWHERE did I say you average LOSS was 185 like you said here:

I’ve been called “dumb”, “ignorant”, and a “muppet” by two guys of which neither one have a grasp of how this game works yet, all because I said you can’t sustain a 6 pip win setup when you are willing to take a 185 pip loss.

Even WITH my small misunderstanding, that doesn’t change the fact that you also have 2 other losers over 100 pips, and you let far too many trades run many times against the amount you finally check out with.

That is not sustainable in any fashion. Ask any pro trader around here.

And you call yourself “awesome”?

Maybe you should change that to “The Situation”. Because you’re gonna wind up in one.

Master - think it’s time you jogged on sunshine :slight_smile:

Nope. Never happen.

I don’t want ANYBODY following me. I’m not that arrogant.

Someday you’ll understand why.

I’ve been watching Zulutrade for a very long time. I have yet to see someone stay on top for more than a few months.

They all eventually flame out just like you and your 10% a month average gain did.

Believe me you are that arrogant that why you made your initial comment in BOLD letters against Uptick.

You’re all talk bro - otherwise you’d show us your stats.

Im starting again - time will tell.

IT’S NOT A 6 PIP WIN SETUP!!! HELLOOOOO…

Average trade INCLUDES losses… jeez… its a simple concept. That’s not the average winner… nor is it the average loser. its the AVERAGE TRADE. So, to put it simple… my winners AND losers net a +6 pip gain… get it?

the -185 was one trade… so was the +162. I trade on different time frames… sometimes i target 20 pips…sometimes 50… sometimes 200… same with losses. it doesnt mean i target 6 pips per trade and have stops at 185.

Man, such a simple concept for someone who is a “master”.

Do you understand how Zulu displays that information?

For everyone else who can think… If I target 6 pips on winners and have stops at 185… and only win 80% of the time… how would my equity curve look like?

let’s do the math… on 10 trades… I would have won 8 times. so 8 x 6pips = 48 pips. I would have loss twice, so 2 x 185 = -370 pips.

Wow… look at that… my equity curve would have been waaaay down. -322 pips.

But WAIT… my equity curve on Zulu is +352 pips… How can that be? It basically means that Master Tang is mistaken and doesn’t understand how Zulu works.

As I just mentioned… AVG TRADE means the strategy produces +6 pips NET… winners AND losers.

Hey guys, its simple. Look at my history… and you’ll see the trades.

Master Tang said “…because I said you can’t sustain a 6 pip win setup when you are willing to take a 185 pip loss.”

That’s where he doesn’t understand that the strategy never targets 6 pips… nor will it take a 185 pip loss on every trade. My targets and stops are based on my timeframe. He forgot to mention I made +162 on a trade too. Wonder why.

What newbies will see is that lots of people want you to fail… they are the first to highlight other peoples failures. Unfortunately there are people like that out there.

You shouldn’t bash someones strategy without fully understanding it. It’s a pity that people will go out of their way to talk badly about someone without fully understand or knowing what they are talking about.

I wish nothing but the best of luck to Master Tang… I hope he refrains from commenting on our thread unless he wants to have a productive conversation. Thanks again.