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  • #61
  • Nov 19, 2012 9:12am Nov 19, 2012 9:12am
Quoting TS Owl
Dear juniorx,

Let me say first: I am a biased party in this discussion - I'm one of the founders of www.tradeslide.com - a competitor to Zulutrade.

I could name a lot of reasons why I think Zulutrade is a bad idea - but let's stay with the most important one.
I think it's such a scam that I decided to start a company to stop it.

.
what exactly are your concerns against zulutrade?
would you like to elaborate on that, please ....
  • #62
  • Nov 19, 2012 9:21am Nov 19, 2012 9:21am
Quoting domingo
what exactly are your concerns against zulutrade?
would you like to elaborate on that, please ....
Dear Domingo,

No, I don't want to elaborate on that.

Particularly not in reply to someone who clearly has a pro Zulutrade agenda, but posts as a non commercial member.

Take care
  • #63
  • Nov 20, 2012 4:07am Nov 20, 2012 4:07am
Quoting TS Owl
Dear Domingo,

No, I don't want to elaborate on that.

Particularly not in reply to someone who clearly has a pro Zulutrade agenda, but posts as a non commercial member.

Take care
I am not hidding that I use zulutrade with a followers account.
However, my agenda is to discuss and learn from followers and traders, in order to get to master my account management and get more profit out of it as much as i can.
  • #64
  • Nov 20, 2012 4:14am Nov 20, 2012 4:14am
Quoting domingo
I am not hidding that I use zulutrade with a followers account.
However, my agenda is to discuss and learn from followers and traders, in order to get to master my account management and get more profit out of it as much as i can.
Dear Domingo,

you seem to know what you're doing.

If you want to give tradeslide.com a try once we launch, feel free!

In the meantime, best of luck with your account management and your profit.
It's great to see fellow traders / followers succeed
  • #65
  • Dec 7, 2012 7:25am Dec 7, 2012 7:25am
Quoting TS Owl
Dear Domingo,

you seem to know what you're doing.

If you want to give tradeslide.com a try once we launch, feel free!

In the meantime, best of luck with your account management and your profit.
It's great to see fellow traders / followers succeed
thank you !!

good luck to you too!

sure why not if you make me 8K a year returns (with losses) would deffinitely give you a try. otherwise im sticking to my already there zulutrade account. Btw I am going to manage another account from January, so same time next year i am about to be quite a richer man
  • #66
  • Dec 11, 2012 7:34am Dec 11, 2012 7:34am
ZuluTrade is a good place to seek for good signal providers. However, please keep in mind that most of the signal providers just trade on demo.

The most important criteria to focus on are:

  1. Drawdown: shoud not exceed 20%
  2. Max open trade: should not exceed 10

  • #67
  • Dec 14, 2012 2:44am Dec 14, 2012 2:44am
Quoting Euroscum
what is this?
thats is the everest height drawdown......wonder how they can managed it.
  • #68
  • Dec 17, 2012 3:25am Dec 17, 2012 3:25am
Fx advantage i'll agree with the drawdown , i'm always looking for providers who are not exceeding this 20% figure. As for the trades i'm a bit more conservative and i let only 5 max per trader.
  • #69
  • Dec 19, 2012 10:15am Dec 19, 2012 10:15am
Quoting bianco
Fx advantage i'll agree with the drawdown , i'm always looking for providers who are not exceeding this 20% figure. As for the trades i'm a bit more conservative and i let only 5 max per trader.
I prefer the pragmatic approach. I start the SP off with max open of 3 and if he is doing well then bump it up some. Of course if he starts failing then he gets dumped.

Sound sensible to you ?
  • #70
  • Dec 19, 2012 10:18am Dec 19, 2012 10:18am
Quoting TS Owl
Dear Domingo,

you seem to know what you're doing.

If you want to give tradeslide.com a try once we launch, feel free!

In the meantime, best of luck with your account management and your profit.
It's great to see fellow traders / followers succeed
What advantages over zulu trade are you putting into tradeslide ?

Here is one for what it's worth and that is to be able to rank SPs with more options.
  • #71
  • Dec 20, 2012 7:00am Dec 20, 2012 7:00am
Quoting Pat494
I prefer the pragmatic approach. I start the SP off with max open of 3 and if he is doing well then bump it up some. Of course if he starts failing then he gets dumped.

Sound sensible to you ?
Thats a good tactic too , much less risk in that , good approach for fresh and new zulu signal providers.
  • #72
  • Jan 6, 2013 4:44pm Jan 6, 2013 4:44pm
Hi guys,

I was looking at zulutrade site and signal provider’ performances when jumped out to me a particular that I’m not able to understand and concern some signal provider.
I can’t understand how zulutrade calculates the performances…
Here following a screenshot showing what I’m referring to precisely:
http://img204.imageshack.us/img204/7...alculation.jpg


The Total PnL (that stands for Profits and Losses) is calculated this way: sum of all closed positions in a given month + sum of all floating positions in that month.


Let’s take as example the current month, January 2013, as we can see from the screenshot there are no current open positions (so floating = 0), the only trade done in 2013 have been closed with a 34.8 pips loss.
So why the Total PnL for January 2013 quotes -69.2 pips loss?



Have you guys any idea about that?
Thanks.
  • #73
  • Jan 11, 2013 12:05pm Jan 11, 2013 12:05pm
Hi all,

please consider my profile on zulutrade (Gamma Factor): http://v4.zulutrade.com/trader/106884

Fx volatility is increasing after a long time, so there are now great opportunities.


Thank you for your attention.
  • #74
  • Jan 15, 2013 6:45am Jan 15, 2013 6:45am
Panurgo you have made quite some pips in the last two months in zulutrade. What is your strategy , are you trading only EUR/USD or other pairs as well?
  • #75
  • Edited 9:58am Jan 15, 2013 9:35am | Edited 9:58am
Quoting sokolov81
Panurgo you have made quite some pips in the last two months in zulutrade. What is your strategy , are you trading only EUR/USD or other pairs as well?
Hi sokolov,

I trade only EUR/USD. Please note that Gamma Factor is an econometric trading strategy.
The most important thing to consider is that it's traded with micro lots (for accounts with 1000$ or less. Account with 10000$ or more can set mini lots instead). So position size is also function of available capital and it is important to take all the trades. For example now the account equity is around 1600$ and the EUR/USD position is 7 micro lots long (so actual leverage is around 6).

Trades are done 2 times a day, around 9:00 AM GMT and 4:00 PM GMT, you won't see any trading activity outside those two hours. All positions have a rasonable stop loss (in this period around 50/70 pips).

The only live account linked to Gamma Factor has started on june 19 2012 with 800 Euros and has now an equity of about 1176 Euros (a return of about 47% in 7 months). This return has been achieved with a slippage of about 1.5 pips (the whole broker EUR/USD spread is around 3.1 pips).
During the summer and the autumn FX volatily has dropped to record levels, so the return of the strategy stayed almost flat. I think this is a good result, because ultra low volatility is very rare.

A finally remark: please note that Gamma Factor strategy, as all the other zulu trading strategy, are intrinsically risky and past returns are not indicative of future results.

Gamma Factor: http://v4.zulutrade.com/trader/106884
  • #76
  • Jan 16, 2013 4:23am Jan 16, 2013 4:23am
Panurgo thank you for you detailed reply , i will bookmark you for now , make profits and i'll copy you!
  • #77
  • Jan 16, 2013 5:40am Jan 16, 2013 5:40am
i really like your results!

pretty impressive!

my only remarks are only to try to not have so much loosing positions (but i can limit you with zuluguard) at least for that it is not a problem that much)).
  • #78
  • Jan 16, 2013 9:49am Jan 16, 2013 9:49am
Quoting domingo
i really like your results!

pretty impressive!

my only remarks are only to try to not have so much loosing positions (but i can limit you with zuluguard) at least for that it is not a problem that much)).

thank you for the kind words.

I agree with you. It 's wise to limit exposure in function of the sum of money you're dedicating to the strategy. My account as an equity/balance of about 1600$, so if you're dedicating less money, it would be better to limit the max number of positions (for example with 500$ it would be better to limit the max number of positions to 10 micro lots; with 3200$ you could take the max number of 30 positions and also set 0.02 micro lots instead of 0.01, to exactly replicate the performance of Gamma Factor in %).

Thank you again.

Gamma Factor: http://v4.zulutrade.com/trader/106884
  • #79
  • Jan 23, 2013 7:47am Jan 23, 2013 7:47am
You've had some loses lately but your overall profits are up , will you raise your drawdown levels in the future ?
  • #80
  • Jan 23, 2013 10:09am Jan 23, 2013 10:09am
Quoting sokolov81
You've had some loses lately but your overall profits are up , will you raise your drawdown levels in the future ?
Hi sokolov,

I'm applying money management to my account, so I'm trading the amount of micro lots also based on the equity.

Zulu calculate the drawdown in a fancy manner. If you open a position with 1 lot and another with 0.01 (1 micro lot) and close the two position both with 20 pips loss, you'll have the same drawdown in pips terms, but it is obvious that with the first one you'll lose 100 times in dollar terms.

As I'm working with micro lots, I think that the probability of having the maximum drawdown, calculated with the zulu formula, will be when my equity will reach 1800-2000 usd (in pips about 10000 pips earned). After that threshold I think the drawdown in pips terms will decrease, because when I will be at 2000$ I'll will switch to 0.02 lots positions, never returning to 0.01 positions.

If you plan to follow with a demo or with a real account you must first consider the dollar amount you're putting at risk. For example if you plan to invest 3000$ with my strategy you could set 0.02 lots and no limits in the maximum open trades menu to perfectly replicate Gamma Factor. When I'll open a position of 0.01 lots in your account will be a position of 0.02 and so on. If you plan to follow with 1500$ you could also set 0.01 lots and no limits in the max open positions menu, but if you plan to follow with less, say 500$, it would be safer to limit the maximum open positions of 0.01 lots to 12 or perhaps 15, to avoid overleverage.

Please note that the positions in Gamma Factor are part of the same trade and are taken at the same time, not to average down a previous bad trade.

Happy trading!
Gamma Factor: http://www.zulutrade.com/trader/106884
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