Caillou,Caillou wrote:Hi Cuzgeorge,cuzgeorge wrote:Phantom,phantom wrote: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.
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
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
Great reply, and very well explained.
in defense to zulutrade, I was new to forex when i tried zulu, so i did'nt fully understand the meter you mentioned for risk, not to mention all the various settings there are. So many signals to choose from , constant ding ding ding etc etc. It was fairly overwhelming at first, but when you get used to it , it's fun i suppose, but you never really feel like you're in control like when you can code the ea's yourself.i've mentioned before that i started this endeavour of mine because i was sick and tired of criminals losing my money for me. i can do that myself ,
Problem for me though, i really enjoy the forum here and the countless hours i spend on the media editor and watching the screens. i really enjoy it . I've learnt to partially code so far, read the indi's and understand whats going on in an EA. Posts like this with people who understand whats going on and respect for each other. This you cant get from Zulu, so i chose to spend my time this way, meet some people along the way, share ideas etc etc. Phantom has a great idea. Once we get a system consistantly profitable, and then with Steve's permission, link it to Zulu and make our efforts work for the chosen charity. great idea., but lets get there first.
there is'nt enough time in the day for me to do all the things i want to do, even the 'Caillou' EA was on my list (was this your idea?), but i just cant find enough time. I had to shorten the list, so thats why i made the decision to learn more here, work on the EA's and projects here.
i don't 'hate' zulu, just need to prioritise my time. thats all.
regards and thanks for the great post.
cuzgeorge