www.zulutrade.com - Page 8

Mr.P · #71 07-30-2010, 07:02 PM

When you will go to "Signal Provider Performance" page in "Performance" section of the web site, then you will see "Slippage" tab. When you click on it then you can see slippage values for brokers hosting live accounts that utilize this provider. Then you see that slippage values are different for different brokers. Let's say:

SystemsFX LIVE
FXDD - Slippage is 0.4 pips
BMFN - Slippage is 0.4 pips
AAAFX - Slippage is 0.4 pips
PRIME4X - Slippage is 0.5 pips

..... all the way to the end of the list

ACM - Slippage is 1.6 pips
CMS - Slippage is 1.7 pips
SAXO - Slippage is 2.6 pips

Values are different for different brokers and signal providers.
Slippage is unavoidable due to the network delays and different locations for different network components.

Best

bonuspips · #72 08-06-2010, 07:35 PM

I have made 500 pips profit in 12 days in zulutrade

Mr.P · #73 08-18-2010, 01:56 AM

My favorite Zulutrade signal providers at this moment are:

FLY ON THE WALL
GBP FUND
Mr. WONG’S FX
GOOD ENOUGH
chartmaster63

I use them on my demo account for a couple of months, so far with excellent results, and plan to implement them in my real money account.

Does anybody have sugestions?

Thx

forexcz · #74 08-18-2010, 12:12 PM

Hi,
Thanks for the suggestions, but i have a few comments for the providers you suggest:
Fly on the wall and GBP fund and Mr. Wong are actually the same person following a different strategy. I would prefer fly than GBP or wong, because the other 2 have huge (virtual) capital and past or future DDs wont show.
Good enough is not...bad, BUT with 30mins average trade time, look at the slippage chart and you will see

Chartmaster looks interesting, but we have to wait and see how he goes, ive put him on a demo
Thanks for sharing

Mr.P · #75 08-18-2010, 03:59 PM

Quote:

Originally Posted by forexcz

Hi,
Thanks for the suggestions, but i have a few comments for the providers you suggest:
Fly on the wall and GBP fund and Mr. Wong are actually the same person following a different strategy. I would prefer fly than GBP or wong, because the other 2 have huge (virtual) capital and past or future DDs wont show.
Good enough is not...bad, BUT with 30mins average trade time, look at the slippage chart and you will see

Chartmaster looks interesting, but we have to wait and see how he goes, ive put him on a demo
Thanks for sharing

Yes you right "Fly on the wall and GBP fund and Mr. Wong" are the same person following different strategy. This person has 18 or so strategies.

My point is that with 100% (or near that number) accuracy, you can feel comfortable to choose 1 - 2 maybe 3 or so trades from this strategy and still profit.

In terms of DD you have to look at the individual trades in all history to determine, if this kind of DD is for you. I know that I'm comfortable with it.

In terms of slippage for "Good enough" - well I use FXCM as my broker so I can live with this what I see (1.1 pips), especially that his "average pips/trade" is 55.0 and his "Average trade time" is 16 hours as far as I can see on his performance page. And again, his accuracy is 99% at this moment, that is why I take only 2 trades from him and feel good about that.

The "Chartmaster" I take only 1 trade from this signal provider for now. I have good results and I'm waiting for more developments.

Best of luck

kyearn.com · #76 08-29-2010, 02:38 AM

Thanks all for the info

capbilly · #77 09-09-2010, 09:22 AM

I have both systemsfxlive and fly on the wall on my live account. So far fly on the wall has made much more profit that sysfx, both with 2 open positions. Sysfx has made some bad moves the last 2 weeks, whether fly leaves his trades a bit more time open (around 10 hours max), but in the end he closes them positive, around 20+ pips.
Slippage in both cases is from 0.5 to 1 pip, which is ok imo.
Will keep you guys updated

arashk123 · #78 09-13-2010, 11:34 AM

I need your help guys

can i trust the zulutrade??? i am not a profi trader !!

pleasr help me thank you

arashk123 · #79 09-15-2010, 12:51 AM

I need your help guys

can i trust the zulutrade???can i earn money if i invest 500$ at zulutrade??? i am not a profi trader !!

pleasr help me thank you
Reply With Quote

forexcz · #80 09-15-2010, 09:38 AM

It depends on which broker you choose, which provider you put and with what settings. It also depends how much you are going to risk.
For $500 you can only trade micro-lots. Choose a signal provider that you test first on a demo and only allow 3-4 max open orders, not more. Id go for either systemsfxlive or fly on the wall, they are the most steady so far.
For broker I can only tell you which to avoid, AVA and Alpari UK, I have not heard good words about them...
When you feel confident with these settings and provider, maybe you can open more trades, just dont get too greedy!