Using Zulutrade for consistent low risk annual returns

Realistic or unrealistic?

This sounds like a great idea, right? I would rather be doing something else than be glued to the screen all day long, "leave it to the pros".

I like the idea of Zulutrade. But, I am very skeptical of it. I would love for it to work though, of course.

One ting I have noticed is that Zulutrade "statistics" are simply BULLSHIT. The so called "ROI" figure does NOT match the real account! How they manage to get away with bullshit figures of NEGATIVE drawdown and way over the top ROI figures, is beyond my comprehension. It seems it is "because" they "calculate" it differently. Right, so 2+2 is 14 because you calculate it with a different formula. I don't fucking think so! What kind of BULLSHIT is going through these people's minds? How about being honest and giving users the real statistics instead of made up voodooo bullshit?

Okay, so I said I would love for it to work. The concept I guess is that you invest in the "best" traders based on their Zulu rank. But it seems those who reach the top usually don't stay at the top? This makes me question whether the "Zulu rank" has any merit whatsoever. Are there ANY good traders on Zulutrade?? By "good" I mean consistently profitable over time with consistently low risk. A winning streak does not make you a good trader.

I remember opening a demo account and investing in all the top 20 traders and kept the risk meter relatively low. Great diversification and with only the best traders, sounds brilliant doesn't it? Well, I was quite disappointed when the return after one month was NEGATIVE (not by much, but this means the so-called "best" traders couldn't manage to eek out a positive return in a month). If the sum of the "best" traders is negative, then what is the point of Zulutrade?

I would love to hear you people's opinions on this subject. I am no expert on this, I have only "researched" it superficially.

If I could make 25% annually from Zulutrade with consistently low risk/drawdown AND with some diversification, I would consider that a success.

Run debate!

I read somewhere that Leon was going to name the site giant testicles or simply big bollocks but apparently he decided to settle with Zulu because of their connections to over 64 different brokerage firms most of whom are registered in mud huts but dont let that worry you Zulu's can trade your account. They are quite fearless and apparently their math is superior, basic equations can be rearranged by voody doody Zulu techniques that us simple folk find impossible to understand. All in all I would say they are an excellent outfit

@ dice action

I think the proper thing to do is to ask yourself the reason why a consistently profitable trader needs to register on Zulutrade? I found out that most successful traders 'keep calm and trade' from the confines of their abode rather than register with a public trading outfit.

If I can make 300% return per annum why would I want to share that secret to the world for some measly returns on Zulutrade? I would rather prefer to trade for myself and hit the millionaire mark after some 3-5 years of consistently profitable trading. Those who trade on Zulutrade make most of their money from those subscribed to them rather than from the market because like you said after 1 or 2 years they loose their ranking. I have also made the search on the site for the best traders for at least the past five years and the results I got were appalling.

ajantala,
On the one hand I understand your point. On the other hand I don't see why a good trader wouldn't want be a "DIY fund manager". If you "manage" 10 million USD of clients' money and you make a small percentage off the gains, that is a very nice extra income which doesn't require much more work if you are trading your own account anyway.. Same logic as why it is more profitable for stock mutual fund managers to make 1% off of 1 billion USD under management, than to trade their own account. It is very lucrative I guess.