Zulutrade Results and Reviews

I am constantly testing Zulutrade signal providers and will continue to do so until I am entirely happy with my results.

My own current risk profile limits me to just a handful of their providers right now due to the fact very few use sensible stop losses, many being over 500 pips which is simply ludicrous given the fact that more often than not a profitable trade is very rarely more than 25 pips.

20 winners can be totally wiped out by 1 loser but with most winning trades being 10 or so pips it seems to be more like 1 losing trade will wipe out 50 winners.

There are some quality Zulutrade signal providers who do use sensible stop losses, I will soon be going live with them and am looking forward to making some good profits with them.

I am also considering becoming a provider myself because I feel that any zulutrade signal  provider that uses proper money management when trading will soon build up a huge following of zulutrade signal users.

It is still early days for me and my experiences with Zulutrade, it seems like a brilliant system and having been running since 2006 it has stood the test of time so far.

As a Zulutrade signal provider I will need to be sure that Zulutrade do pay me the commissions I make, if all work out well then I will be recommending many of my profitable professional forex trader friends join Zulutrade as well. Because I know all my trader friends personally and I know they trade with very strict money management rules I will be more than happy to open accounts via  Zulutrade and let them trade my real cash funds live. I CANNOT WAIT!

Zulutrade pay 0.5 (half a pip) commission to thier signal providers per trade excecuted NOT per pip traded. Do the maths. This means that as a zulutrade signal provider it is actually better to take multiple trades at once and many trades a day.

So for instance if a zulutrade signal provider sees a trading opportunity, he will take upto 30 positions which in my oppinion is bad money management and very risky for his users, zulutrade do protect you against this but for less experienced users it could prove disasterous.

So a zulutrade signal provider opens a trade with 30 positions, say he has 100 users following his signals and they all trade just 1 lot, that’s 30 time 100 times 1 = 3000,  time 3000 by 0.5 of a lot and thats 1,500 pips if that trader does that 10 times a day thats 15,000 pips half a full lot is roughly $5, 5 time 15,000 is $75,000.

That is for 1 lot traded per zulutrade signal receiver, what if they traded with 10 lots each, $75,000 becomes 750 thousand dollars for one days commission for a zulutrade signal provider.

OK 30 positions opened and 10 trades a day with 100 live zulutrade users  may not be typical but some zulutrade providers have 600 users so it isn’t totally unbelievable. I know on a good day trading the 1 and 5 minute charts I can easily take 20 trades a day and make 2 or 3 hundred pips in a day.

Try the maths for 10 trades, 10 positions per trade, 10 live users all allowing 2 lots per trade, thats 10 x 10 x 10 x 2 = 2000 times .5 of a lot = 1000 lots time 5 dollars $5000 for a days commission. nice.

Not bad for a days work. That is why I want to test it myself and make sure zulutrade pay up at the end of the month. It sound to good to be true.

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I am having very mixed results trading zulutrade using my demo accounts so far. As mentioned in my last post zulutrade is a very good system but you do need a good understanding of how forex works and also have adequate forex money management skills. I now have a number of people who have signed up for zulutrade under me which is brilliant because I can now see their results as well. I am very pleased to report most are doing very well.I can only assume that the few that aren’t doing so well have little or no previous knowledge of trading forex and the same for forex money management.

CLICK HERE Tojoin my mailing list where I will be sharing my extensive result from trading Zulutrade and Expert Advisors automated trading systems

What I hope to do in the future regarding my quest to help my readers become profitable forex traders is to use a more two way method of communication. Rather than you just read about my exploits testing various methods of trading forex using services like zulutrade and www.fx500club.com live online forex school. I want more of you to signup to my newsletter or email me or both even.

I am now 10 days into this months zulutrade demo trading accounts, I have studied the profiles of the traders carfully and most are doing very well for me, of the 10 demo accounts I have running the zulutrade results so far have been very good with only one showing a small loss, about 5%. The other 9 zulutrade demo accounts are all showing profits of between 2% and 22%. Remember I am using very strict money management settings so for 10 days of zulutrade results 2% profit is amazing 22% profit is  unbelievable.

CLICK HERE Tojoin my mailing list where I will be sharing my extensive result from trading Zulutrade and Expert Advisors automated trading systems

One extremely important thing I have noticed about my zulutrade results is that the drawdown figures they quote are completely missleading and are meaning less. I say this because a certain provider I have been using over the past two months quotes a drawdown figure of 295 pips yet I have losses greater than than that on my accounts one being over 900 pips. This is not limited to just one trade provider and is very concerning. The other thing worth noting is that unless you are able to watch the zulutraders actual trades as they are live OR study every zulutrade trade results after the event you will never know how much real drawdown took place before those trade closed with 10 or 20 pips profit.

Some of these zulutrade trade providers make multiple trades all day long closing them for 1o or so pips, they have brilliant win records in the 95% bracket etc but what you don’t often see is the massive drawdown some of those 10 pip winners incure. It doesn’t take einstein to work out that 50, 10 pip winners can be totally wiped out by just one 500 pip loser.

Every zulutrade trade provider is different and i’m sure some would never trade with these stupidly large drawdown figures, this is why I am testing and testing then carefully studying and reviewing my zulutrade results before using real money with zulutrade. To be fair to zulutrade they do allow you to put your own stop loss levels on any provider you use. That’s when 22% growth of a demo account fast becomes 22% loss or worse still an empty account in record time.

If you want to learn all about forex money management and also how to become a profitable forex trader then join a live online forex school, like the one I am a member of, the www.fx500club.com. The trader teachers in that live forex trading school will teach you never to enter a trade that has the potential to lose more than your profit target. That is if your trade has a potential to make you 50 pips then it should have a stoploss (drawdown potential ) of no more than 50 pips, this is called a risk reward of 1-1, a 2 – 1 risk reward would be a trade that makes 100 pips with a stoploss of 50 and so on. 

This zulutrade review is meant to be totally impartial, I will tell it as I find it and I have the results in black and white to backup any claims I may make. I still think the zulutrade system is brilliant and innovative but as with anything to do with forex and real money, proper research is criticle. The fact that zulutrade are so upfront with their results is in itsself laudable and can only be a good thing.

It is important to note in this review of zulutrade services that the traders, providers, brokers and zulutrade themselves all make money in commissions from every LOT traded regardless of whether the trades were winning trades or losers. EVERY TRADE, EVERY LOT.

CLICK HERE Tojoin my mailing list where I will be sharing my extensive result from trading Zulutrade and Expert Advisors automated trading systems  FREE QUALITY FOREX INFORMATION

I will not be posting any live zulutrade results on any of my websites because I want to build up my mailing list and ultimately a group of people that want to make money trading forex like myself. That way we can share the results for FREE (I make my money trading forex manually for a living). Learning about forex is a never ending thing, I find it very fascinating and think more minds are better than just one. zulutrade

 CLICK HERE Tojoin my mailing list where I will be sharing my extensive result from trading Zulutrade and Expert Advisors automated trading systems  FREE QUALITY FOREX INFORMATION

Pop back here regularly for my zulutrade reviews.

I am having very mixed results trading zulutrade using my demo accounts so far. As mentioned in my last post zulutrade is a very good system but you do need a good understanding of how forex works and also have adequate forex money management skills. I now have a number of people who have signed up for zulutrade under me which is brilliant because I can now see their results as well. I am very pleased to report most are doing very well.I can only assume that the few that aren’t doing so well have little or no previous knowledge of trading forex and the same for forex money management.

CLICK HERE Tojoin my mailing list where I will be sharing my extensive result from trading Zulutrade and Expert Advisors automated trading systems

What I hope to do in the future regarding my quest to help my readers become profitable forex traders is to use a more two way method of communication. Rather than you just read about my exploits testing various methods of trading forex using services like zulutrade and www.fx500club.com live online forex school. I want more of you to signup to my newsletter or email me or both even.

I am now 10 days into this months zulutrade demo trading accounts, I have studied the profiles of the traders carfully and most are doing very well for me, of the 10 demo accounts I have running the zulutrade results so far have been very good with only one showing a small loss, about 5%. The other 9 zulutrade demo accounts are all showing profits of between 2% and 22%. Remember I am using very strict money management settings so for 10 days of zulutrade results 2% profit is amazing 22% profit is  unbelievable.

CLICK HERE Tojoin my mailing list where I will be sharing my extensive result from trading Zulutrade and Expert Advisors automated trading systems

One extremely important thing I have noticed about my zulutrade results is that the drawdown figures they quote are completely missleading and are meaning less. I say this because a certain provider I have been using over the past two months quotes a drawdown figure of 295 pips yet I have losses greater than than that on my accounts one being over 900 pips. This is not limited to just one trade provider and is very concerning. The other thing worth noting is that unless you are able to watch the zulutraders actual trades as they are live OR study every zulutrade trade results after the event you will never know how much real drawdown took place before those trade closed with 10 or 20 pips profit.

Some of these zulutrade trade providers make multiple trades all day long closing them for 1o or so pips, they have brilliant win records in the 95% bracket etc but what you don’t often see is the massive drawdown some of those 10 pip winners incure. It doesn’t take einstein to work out that 50, 10 pip winners can be totally wiped out by just one 500 pip loser.

Every zulutrade trade provider is different and i’m sure some would never trade with these stupidly large drawdown figures, this is why I am testing and testing then carefully studying and reviewing my zulutrade results before using real money with zulutrade. To be fair to zulutrade they do allow you to put your own stop loss levels on any provider you use. That’s when 22% growth of a demo account fast becomes 22% loss or worse still an empty account in record time.

If you want to learn all about forex money management and also how to become a profitable forex trader then join a live online forex school, like the one I am a member of, the www.fx500club.com. The trader teachers in that live forex trading school will teach you never to enter a trade that has the potential to lose more than your profit target. That is if your trade has a potential to make you 50 pips then it should have a stoploss (drawdown potential ) of no more than 50 pips, this is called a risk reward of 1-1, a 2 – 1 risk reward would be a trade that makes 100 pips with a stoploss of 50 and so on. 

This zulutrade review is meant to be totally impartial, I will tell it as I find it and I have the results in black and white to backup any claims I may make. I still think the zulutrade system is brilliant and innovative but as with anything to do with forex and real money, proper research is criticle. The fact that zulutrade are so upfront with their results is in itsself laudable and can only be a good thing.

It is important to note in this review of zulutrade services that the traders, providers, brokers and zulutrade themselves all make money in commissions from every LOT traded regardless of whether the trades were winning trades or losers. EVERY TRADE, EVERY LOT.

CLICK HERE Tojoin my mailing list where I will be sharing my extensive result from trading Zulutrade and Expert Advisors automated trading systems  FREE QUALITY FOREX INFORMATION

I will not be posting any live zulutrade results on any of my websites because I want to build up my mailing list and ultimately a group of people that want to make money trading forex like myself. That way we can share the results for FREE (I make my money trading forex manually for a living). Learning about forex is a never ending thing, I find it very fascinating and think more minds are better than just one. zulutrade

 CLICK HERE Tojoin my mailing list where I will be sharing my extensive result from trading Zulutrade and Expert Advisors automated trading systems  FREE QUALITY FOREX INFORMATION

I am having very mixed results trading zulutrade using my demo accounts so far. As mentioned in my last post zulutrade is a very good system but you do need a good understanding of how forex works and also have adequate forex money management skills. I now have a number of people who have signed up for zulutrade under me which is brilliant because I can now see their results as well. I am very pleased to report most are doing very well.I can only assume that the few that aren’t doing so well have little or no previous knowledge of trading forex and the same for forex money management.

CLICK HERE Tojoin my mailing list where I will be sharing my extensive result from trading Zulutrade and Expert Advisors automated trading systems

What I hope to do in the future regarding my quest to help my readers become profitable forex traders is to use a more two way method of communication. Rather than you just read about my exploits testing various methods of trading forex using services like zulutrade and www.fx500club.com live online forex school. I want more of you to signup to my newsletter or email me or both even.

I am now 10 days into this months zulutrade demo trading accounts, I have studied the profiles of the traders carfully and most are doing very well for me, of the 10 demo accounts I have running the zulutrade results so far have been very good with only one showing a small loss, about 5%. The other 9 zulutrade demo accounts are all showing profits of between 2% and 22%. Remember I am using very strict money management settings so for 10 days of zulutrade results 2% profit is amazing 22% profit is  unbelievable.

CLICK HERE Tojoin my mailing list where I will be sharing my extensive result from trading Zulutrade and Expert Advisors automated trading systems

One extremely important thing I have noticed about my zulutrade results is that the drawdown figures they quote are completely missleading and are meaning less. I say this because a certain provider I have been using over the past two months quotes a drawdown figure of 295 pips yet I have losses greater than than that on my accounts one being over 900 pips. This is not limited to just one trade provider and is very concerning. The other thing worth noting is that unless you are able to watch the zulutraders actual trades as they are live OR study every zulutrade trade results after the event you will never know how much real drawdown took place before those trade closed with 10 or 20 pips profit.

Some of these zulutrade trade providers make multiple trades all day long closing them for 1o or so pips, they have brilliant win records in the 95% bracket etc but what you don’t often see is the massive drawdown some of those 10 pip winners incure. It doesn’t take einstein to work out that 50, 10 pip winners can be totally wiped out by just one 500 pip loser.

Every zulutrade trade provider is different and i’m sure some would never trade with these stupidly large drawdown figures, this is why I am testing and testing then carefully studying and reviewing my zulutrade results before using real money with zulutrade. To be fair to zulutrade they do allow you to put your own stop loss levels on any provider you use. That’s when 22% growth of a demo account fast becomes 22% loss or worse still an empty account in record time.

If you want to learn all about forex money management and also how to become a profitable forex trader then join a live online forex school, like the one I am a member of, the www.fx500club.com. The trader teachers in that live forex trading school will teach you never to enter a trade that has the potential to lose more than your profit target. That is if your trade has a potential to make you 50 pips then it should have a stoploss (drawdown potential ) of no more than 50 pips, this is called a risk reward of 1-1, a 2 – 1 risk reward would be a trade that makes 100 pips with a stoploss of 50 and so on. 

This zulutrade review is meant to be totally impartial, I will tell it as I find it and I have the results in black and white to backup any claims I may make. I still think the zulutrade system is brilliant and innovative but as with anything to do with forex and real money, proper research is criticle. The fact that zulutrade are so upfront with their results is in itsself laudable and can only be a good thing.

It is important to note in this review of zulutrade services that the traders, providers, brokers and zulutrade themselves all make money in commissions from every LOT traded regardless of whether the trades were winning trades or losers. EVERY TRADE, EVERY LOT.

CLICK HERE Tojoin my mailing list where I will be sharing my extensive result from trading Zulutrade and Expert Advisors automated trading systems  FREE QUALITY FOREX INFORMATION

I will not be posting any live zulutrade results on any of my websites because I want to build up my mailing list and ultimately a group of people that want to make money trading forex like myself. That way we can share the results for FREE (I make my money trading forex manually for a living). Learning about forex is a never ending thing, I find it very fascinating and think more minds are better than just one. zulutrade

 CLICK HERE Tojoin my mailing list where I will be sharing my extensive result from trading Zulutrade and Expert Advisors automated trading systems  FREE QUALITY FOREX INFORMATION

Ok I setup 8 demo accounts with Zulutrade, and their managed forex accounts, www.forexexperts.zulutrade.com .

On the whole the Zulutrade results are very positive, most are in profit and the couple that are in drawdown it is easy to see why. Human error on my part.

Having studied my Zulutrade results it is clear that the fault lies with me and not the Zulutrade system. Greed and stupidity by me have resulted in some of my Zulutrade demo accounts making the odd losing trade.

How to improve my Zulutrade results for the future?

Reduce risk settings and exposure to drawdown when setting up your Zulutrade demo by carefully filtering out the riskier traders profiles.

Don’t choose Zulutrade traders that have good potential profit results but have large drawdown, these are high risk traders so be careful and monitor those guys but personally I would be very wary of trading live funds with traders like that.

Think carefully about using Zulutrade traders that make multiple concurrent trades using the same or similar currency pairs because all you are doing is doubling your risk, not a good idea.

So to conclude my Zulutrade results and my observations on how to make trading using Zulutrade more profitable I will be reducing my settings to 1 lot per trade, $50k demo, or 0.1 lot on my £5000 live account. Only allowing 1 trade per currency pair per Zulutrade traders profile. I will allow a maximum of 2 trades per Zulutrade trader but will monitor this very carefully.I will also be filtering out all Zulutrade traders that have a larger than sensible Drawdown.

I hope this helps people make a descision on how to choose their own Zulutrade trader profiles, I will post some of my own Zulutrade results in a short while.

I will be opening a live trading account with Zulutrade very soon and will report back here with my live Zulutrade trade results in the near future