Where to find good traders to copy?

[jm34]

RJo could you please elaborate as to why you think that the rules for Signal Providers in Zulutrade are unfair? I cant seem to understand why is it unfair to not pay somebody when he has not worked well for the past month and was unprofitable.

[jm34]

RJo , while i find the idea of giving back the money to the followers a great one , and i would certainly want that, i think that its not a very easy task to do as it would have many complications and maybe even loopholes that someone could exploit. If Zulutrade ever considers this option seriously and implements it then it would be a huge step forward into forex social networking as no one has ever attempted that. For now though i find the rule of not compensating a provider for his bad trades a turn into the right direction, as it tries to minimize gambling in forex and forces traders to think twice before they attempt an entry. My personal opinion.

[jm34]

Anyways i'm on a demo account currently in Zulu , things looks promising , i am up 240 pips since the start , i'll update when my experiment is over )

[jm34]

Since the start the max DD that hit my account was 45 pips. I would like to note here that i did some risk managment , i've set no more than 2 max trades per provider. And i've zuluguarded all of them , i've set the maximum loss per trade to 100 pips. if a single trade will go beyond that number it will automatically close. Am i beeing to conservative here?

[AGT]

... Kama spot and its mirror signal - saved fx.

... any link to this guru ?

[fxdaytrader]

kama-spot
saved fx

I think that it could make sense (when following) to choose the same broker the provider uses.

[matt_32]

Check out this site:


https://www.fxjunction.com/

[Freedom787]

garyfritz, I sincerely appreciate your summary of the relevant regulations and the link to the NFA guidance. Although my previously posted scenarios are purely hypothetical, if I were seriously contemplating becoming a signal provider I would take these NFA regs and run with them. I believe you are spot on in your interpretation.

However the crux of the issue for me is not whether Zulu is acting within the limits of the law, but whether an individual, providing signals, published from a demo account, in exchange for fees paid by third party subscribers, is likely to be a quality signal service, in actuality.

The Demo to Live signals are very limited ( max positions open etc). Live to Live, anything goes. (on Zulu anyways). I think most intelligent people would stay away from anyone posting with a demo account.

I think the PAMM concept is smarter for any successful trader, if he or she can successfully gather/market to the investors.

The trade copying services get me nervous. There are alot of settings to attempt to limit your risk, while simultaneously you don't want to disrupt normal trade operations due to your own risk input. I prefer someone to manage the funds completely or not at all.