Zulutrade anyone?

[phantom]

Yes FCC is quite famous in zulu , i might add him later on , i just dont preffer following someone with so big number of followers.

[cuzgeorge]

Hi all,
keep getting emails from 'forex money maker' from zulutrade, with the usual bells and whistles, offering a link to attach my account with them to pick up their signals. i would'nt bother with them normally, but just wondering if anyone has experience with these guys, any one tried them out.?

heres the link where they rcommend only attaching to them as they dont know of any of the other's results ;
http://erezki.zulutrade.com/

I know these "providers" are all computer generated signals and they have never been successfull when i tried them out on demo, maybe this one is different , or did i just answer my own question????

regards
cuzgeorge

[garyfritz]

1500 eur/wk would be quite nice. What % return is that? I.e. are you getting that with a 1M eur account??

Would you be willing to share which traders you follow, and how you manage your accounts? If you're spending a couple of hours a day, you're obviously not just letting the traders run free with your accounts.

[cuzgeorge]

Hello ther ecuzgeorge,

I have a follower account with zulutrade for quite some time and can assure you that performance is quite nice. I spend couple hrs tops per day (usu even less) and I have a nice returms of 1500 eur per week. The traders have different strategies - some are scalpers, other day-traders; or manually trading or using EAs (robots) or a combinations. Strategies are various but there are not computer generated signals, but professional traders behind. Of course ROI deppends on your sellection and utilization of the system - there are some good indicators that every zulu-follower will tell you.
Other way you can use it is to 'sell' your trading signal (say your myfxbook page) but in manual trading you need some persistance and time involvment - or wrapping up it is not easy.
Anything else, ask me, I'd be glad to help you if i can

Thank you Capsmart,
i think i'll look into this more closely, don't have anything else to ask, but will check it out before asking if need. I appreciate the reply and clearing the fact that it's not some mumbo jumbo android/iphone app sending these sugnals. thats what i felt like sometimes when i was messing with the demo. I have however just trasferred my currenssee leader from the joiny guy, i lost $80 in the last 2 months with him, and joined the 2 with the highest monthly returns as of this afternoon. i invest 8k here and look at it as a fall-back plan if i really go and mess up my live accounts, again . thanks for your time again,
regards
cuz

[cuzgeorge]

hey there cuzgeorge,
true there is a lot of mixed up talk going on out there; it is always helpful to share experience thus to disperse confusion. You can test the platform on demo - you can get some pretty good results; there are some good tools, like the backtest for example, that can tell you how things will go. Anything you need either read the forum (detailed info) or you can ask me, I will try to help as much as I can. Do not hesitate to write

Really sorry to hear for your loss:( well, trading can get quite tricky sometimes. p.s. 88% dd is totally unacceptable with any system.

Thank you Capsmart,
will do my best to get into something like this, I'm not the best trader as you can see from my results, ranging a lot at the moment and trying to get in and out on the troughs, sometimes i get it just right, but mostly end up with another hedged position (hence the huge DD). would really like to get the EA's going for me and let them handle the positions. MPTM is my new baby and hoping to get outta the crap later today or tomorrow with the live accounts so i can get on with it. Zulutrade IS more complex than what it's made out to be when pushed on to a trader, but once it is better understood, i see there are many options. I'm first going to get some of Steve's EA's profitable and then continue here.
i'm really battling to keep up with everything, so thanks again for the insight. Very, very helpfull to get info like yours,
much appreciated
regards
cuz

[cuzgeorge]

heeeehaaaa, here we go i think

[cuzgeorge]

Hi Capsmart, sorry i was blabbing away as the euro made a crazy rocket-like move north as i finished that post to you, and thats what i was waiting for, but it did'nt last and i went bang anyways, sorry for the confusion.
regards
cuz

EDIT;
hi All, Capsmart,
i've got to learn to stick to my plan of using Steve's EA's and learning more about trading myself.
i Just read this thread again after deciding to re-install and set up a new set up. I'm cleaning the old and in with the new, including some new ea's and some old ones from the archive. I've chosen the one's below as my main priority as i have committed myself before.

I just can't ignore posts like Tehcount's

No free lunch indeed. I know because I've lost more money than all of you put together on ZuluTrade. Just remember that most of the signal providers in the "Top 100" blow up sooner or later. Count on it

and Blahn,

Don't do it. I tested zulutrade out for about 6 or 7 months. the allure of having someone trade for you is great. once you browse their profiles, and see someone with 70-90 percent success rates, it's easy to see dollar signs in your head.

, i've lost on many accounts, sure, but that doesnt mean i must stop trying, albeit i shoud take it easy with the lots to avoid DD, and blowing accts, but i actually enjoy it, i get much more confident and eager to get back in after a wipeout like last week for me.
i'm not going to add zulutrade in my little set up. i just got another email from them saying something like, 'i know we had bad traders before, but now they are all good and blah blah!!. '

Thanks for offering to help, but really i hear your concern for traders like me, and i hugely respect that. I just feel i'd rather lose my own money and not let someone else do that for me. i feel im gaining experience anyways, and will be implementing my own strategies in the EA's available here. I've come to terms that i'm no brilliant trader, or coder, and the sooner i get to a point where i am able to copy/paste with success as per Steve's instructions, i have to sit back and let the proven Bots make the moves for me. unfortunately my trigger finger keeps itching hahaha.

i think most of us are fortunate enough to be able to take a few knocks in life, that is one of the fundamentals we learn as humans, getting up and taking another crack at it is what counts. i'm very comfy here with my OCCD partner in crime, and very confident we'll all get there. i hope to be the one that cracks the first killer ea, and thats a real challenge to me. make the benjamins and show others how to do the same. my school fees are part of the process and for my account only. I would hate to do the opposite to ANYONE. i'd probably clock out-ta here if i made that mistake, no BS here.

Zulutrade takes up maybe even more time watching out for bad trades and still requires the same tech know-how to make the decisions one would do maually, therefore, i'm going to stick to my initial plan and try getting an EA successfull. I also know as GaryFritz, Jeuro and Khalid has pointed out in the 'martingale debunked' thread. Excellent reading if you have the time, and again, i am not assuming anything and trust that you have your own 'plan' and trading methods, just excellent reading their posts there. too many brilliant points to quote.

Thank you again capsmart and hope to deliver a serial winner for all here. Remember, it might work for a year or two, or maybe just 6 months,(one of GaryFritz's points) whatever, but i'll be on top of it i hope and keep all ahead of the curve. i really mean that. I'm gaining so much here so quickly, and we all here looking for a winner at the end of the day. Hope fully we can start to provide signals to zulutrade, you never know, or currenssee , there are so many.
regards and thank you again for your patience and time.
Cuz

[phantom]

cuzgeorge if you will trade in zulutrade please dont forget to leave your zulu nickname here , i'm very interested to try your strategy, thank you.

[cuzgeorge]

cuzgeorge if you will trade in zulutrade please dont forget to leave your zulu nickname here , i'm very interested to try your strategy, thank you.

Phantom,
you're right, i never thought of that. I'll check with Steve when the time comes and see if we can be one of the providers on zulutrade. Will do.
cuz

[Caillou]

cuzgeorge if you will trade in zulutrade please dont forget to leave your zulu nickname here , i'm very interested to try your strategy, thank you.

Phantom,
you're right, i never thought of that. I'll check with Steve when the time comes and see if we can be one of the providers on zulutrade. Will do.
cuz

Hi Cuzgeorge,

I completely understand your point. But I think Zulutrade is not correctly understood by some people here.
First, if you use correctly your settings (Risk Meter Bar %) is ABSOLUTELY impossible to blow up an account.
And second, it is not true that sooner or later, a SP will fail. Any Zulu SP, like any EA, like any Manual trader, must adapt to the market, because the market changes. If the SP does not adapt, he will fail, if he adapts, he will win.
Zulutrade is just a really big source of systems, and with some forex experience, you will really quickly know which are counter trend, trending, scalping, .........
I´m not saying that Zulu is good, I´m just saying it is as good as any other EA, any other trader or any other system.....You just have to make your SP choices, control them, exchange them, and that´s it.

Good luck