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Showing posts from May, 2009

Once again about proper choice of the providers for ZuluTrade live account.

One of the participants of ZuluTrade Paul Howarth tried to systematize the ัriteria and requirements to be considered when selecting providers for the live accounts. So what needs to take into consideration when choosing providers: * Find providers who average 3 hours or less per trade. * Find providers with live users. * Find traders with over 100 trades and a win % over 90%(I think more then 75%). * Make sure the signal providers use stops. * Restrict the amount of open trades each provider can open.I use two max per signal provider.(Breaking this rule can cause a fast margin call and force your broker to close loosing trades with out notice). * Keep your meta trader open just in case the web site has tech issues. * Open a mini account and trade small lots until you understand how your signal providers trade. * Start with a Demo account. Avoid * New signal providers. * Signal providers with less than 100 winning trades. * Signal providers with Large M

ZuluTrade.Live account.Statistics for April.

ZuluTrade.Live account. Statistics for April. Opened positions : 67 ZL -48 ProB5 -19 Closed with "+" 66 Closed with "-" 1(Zl) -51 pips or 51.51$ Earned 279 pips or $285.19 -PrpB5 623 pips or $646.83 -Zl In total two signal providers earned for April by 902 points or $ 932.02.