Hello,
I am a signal provider with Zulu and am building my trading history. After 30 trades I will be listed. I want to be the best provider and have 100's of clients. I trade short periods, with low draw down, I will take a small loss on a trade if I am mistaken in my calculation and not keep it riding forever. That is not real trader.
Losses are there in every business, it is a business expense and a professional trader knows how to limit losses to keep profit margin high.
I am very happy to find zulu trade.
I also have a live account through FXDD and have other signal providers as well as myself trading the account.
Their styles are very different from mine, I never go against a trend, but I see some providers will sell into an uptrend until it turns. One provider is doing that in my live account. He opens many trades all the way up and then collects the money all the way down and he is very good at it. I limit him to 5 lots but he can open 20 lots. Margin must be protected but his system works and he has 95% success with no more than 70 pips drawdown, His name is Cheetah, (no that is not me, it is a provider I am using) if anyone wants to check his stats out. I recommend Cheetah. But his style is not my style. I only trade with a confirmed trend.
I will be listed soon if all goes well and it is so far. 99% success rate, drawdown no more than 25 pips.. Let's see if I can keep it that way. After all that is all I have to do, is have a good record, consistent gains. If I am dependable then I will have many clients and I will make money too for my valuable service...
There are a lot of clowns masquerading as signal providers on zulu, I am wary and do dd. I wouldn't buy stock in just any company. There are always Enrons and Healthsouths out there. But there are also IBMs.
I am looking to see if I can find a better broker. FXDD is alright, fixed spreads but they are
market makers (
liquidity is good) but they freeze the servers during busy times and will take opposite trades so there is a conflict of interest there.
Anyone can recommend a good stp or ecn for use with Zulu?
Best wishes..
jiva34