ZuluTrade

robbert said:
Myfxbook is sponsored by FXPRO, so here it comes that it is not independent.
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Being sponsored by a broker is meaningless , Fxpro did sponsor F1 as i recall , doesn't mean that they're running it !
 
tar said:
Being sponsored by a broker is meaningless , Fxpro did sponsor F1 as i recall , doesn't mean that they're running it !
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sure, but of course there will be some pre-disposition to the broker and their services! it goes without saying, duh!!! 😎
 
I see better trading conditions with Myfxbook compared to Zulu's casino :

How can I become an AutoTrade provider?
If you're an experienced forex trader with a proven track record, you can offer your system to the Myfxbook enormous user base (over 90,000 and counting!) and earn as much as 0.5 pips per a winning trade - there is no upper limit!

What is a proven track record?
A connected real and verified MetaTrader 4 account with Myfxbook with at least 3 months history.
Drawdown of no more than 50%.
Return of at least 10% and higher than drawdown
Average pip win per trade of at least 10.
Average trade time over 5 minutes.
System must not use any martingale/grid techniques.
An account balance of at least $1000.
 
brettus said:
I don't know why you keep calling it a problem. By calling it a problem instead of risk you are failing to understand that when following these SPs live you can lose your money, but that's a risk. Not a problem. A problem is something that you may not unserstand and can't find the answer to. A risk is something you're aware of. There is no guarantee. There is no live account bad luck. Its all the same. Most of them just gamble. It isn't a problem, if you know what you're getting into. If you're smart you won't follow them.
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The FACT that you can follow a SP DEMO and make 5% for months and then when you start following them LIVE, you LOSE everything.

That's a BIG PROBLEM, actually. A big one. Don't try to drive the discussion in another direction. And face the TRUTH.

BTW, do you use ZULU-TRADE? I suppose that if you write that message, you are using their service and doing big cash.

I understand the answer is YES.

So, can you post your results with ZULUTRADE for the past 10 months?..

Waiting for it...
 
The Artist said:
Well put.

Plus, what people often fail to mention is that when provider selection is properly done, costs to the follower are very low.
For instance, we have mentioned Azar Consulting before and if you started to follow him at the beginning of February, with 1 minilot, you have made 750 pips over 12 trades. That's a profit of $750, with only $6 going to the provider, i.e. a performance fee of 0.8%. You can't beat that.

🙂
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What I don't like about ZULUTRADE is that 90% of SP's trade on DEMO.

And try to check the top 20, maybe with luck you will find 2 or 3 trading with real money. If they lose, they don't lose money, maybe they could not get comissions, but they never lose money. If their signals looks bad, then they just open another account and start from scratch.

I don't think that's serious.
 
Argentum said:
What I don't like about ZULUTRADE is that 90% of SP's trade on DEMO.

And try to check the top 20, maybe with luck you will find 2 or 3 trading with real money. If they lose, they don't lose money, maybe they could not get comissions, but they never lose money. If their signals looks bad, then they just open another account and start from scratch.

I don't think that's serious.
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I like zulu demo and have been having a lot of fun using it and trying out some strategies.
I think if I had to go live I would seize up with the size and number of trades I have been doing.
 
I think we are missing the point here -demo or not, the point is if the followers are winning, otherwise, every signal provider is a gold mine (so to say) for themselves.
 
Well as long as they wish to get commissions - and this is related to trading performance - so as long as they wanna do that. 😆
 
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robbert said:
I think we are missing the point here -demo or not, the point is if the followers are winning, otherwise, every signal provider is a gold mine (so to say) for themselves.
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I would say the average follower is down for sure.
 
brettus said:
I would say the average follower is down for sure.
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yeah of course! after all account management is at all attributed to the followers and his choices - what happens if he actually makes the wrong ones and follows all the way and open too many positions, dont zuluguard or stuff like this.. live case scenarios are so manyyyyy ........

anyhow, brettus are you also on zulutrade? how are trading?
 
Aaron565 said:
So for someone that is wondering if he should get into Zulu trade, is it even worth the risk?
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well man, if you dont want any risk go and open a savings account in a bank - you know you'll be getting the 2.6% compounded annually and you'd be happy about it.
any other investment business is risk involved - meaning you will get compensated for the risk you take...as for zulutrade well man, there is only one reason why it is so popular and this is because ppl are winning....if you are smart enough of course 😉
 
What traders are you guys following at the moment? Any good ones? I've not had the best success of recent in my own trading and want to get back to Zulu.
 
at the moment my signals are Newwave,fenix7,The good life1, and having my eyes on #Wall Streat....dunno about the other guys....who are they following?
 
guys, whats got into metaqoutes???
any comments...Im reading since yesterday all kind of bs.....of cutting brokers, cutting platforms,,, what do you think will happen ?
 
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