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- 05-25-2012, 02:01 #21My Charts Talk To Me
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- 05-25-2012, 14:58 #22
Re: zulutrade signal providers
05-25-2012, 17:17 #23
05-25-2012, 17:21 #24
05-25-2012, 17:25 #25
Re: zulutrade signal providers This one speaks for itself. If you look next to where it says "stop" you will see a value of 0. That means that there is no stop loss. This thing can just keep dropping and he'll keep the trade open. I think zulu has a default stop of 700 pips so he currently has 5 open positions which could result in a 3,500 pip loss. WOW!!!
05-25-2012, 17:32 #26
Re: zulutrade signal providers
05-26-2012, 02:18 #27Inactive User
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Re: zulutrade signal providers Show Me The Pipps!
05-26-2012, 15:33 #28
Re: zulutrade signal providers
05-27-2012, 22:18 #29My Pips Are Growing
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05-28-2012, 09:08 #30
Re: zulutrade signal providers I agree with most of the comments here that prayer wont get you nowhere , either you are staying in and risk higher drawdown or you just close everything and continue with another provider. Seeing that fcc is having a 18m of account following him surely most of his followers stayed and waiting patiently for trades to reverse...good luck boys.
05-28-2012, 09:39 #31
Re: zulutrade signal providers it just kills me. Again, this guy claims to have lost $30k. I actually do not doubt that to be honest. He goes on to question how the provider could be so reckless as to not trade with a stop loss. Note to followers....THIS PROVIDER ALWAYS TRADED WITHOUT A STOP LOSS. YOU KNEW THIS GOING IN BUT NOW IT IS AN ISSUE BECAUSE HE HAS 5 OPEN TRADES THAT ARE LOSING.
05-28-2012, 11:54 #32
Re: zulutrade signal providers snipper, he did that because he actually closes manually his trades. I am following this trader for some months now, and it is true that the market does go against him - it happened in the beg of January , and it happened now again. I really hope we can see some improvement now....regardless the losses
05-28-2012, 11:55 #33
Re: zulutrade signal providers btw, you were awake at 5.15 your time ?
talking about devoted trader
05-28-2012, 22:58 #34
05-29-2012, 00:41 #35
Re: zulutrade signal providers Post Thanks / Like
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05-29-2012, 11:38 #36
Re: zulutrade signal providers Well what's your dilemma? I'm just posting and stating the facts. I didn't cause the situation. It's information for those who might be considering using a zulutrade provider. These guys look really good for months and months so I can see the draw. Look beyond the green. Check the drawdowns, check to see if they trade with a stop loss. If you don't see a stop loss, keep on moving to someone who does use one.
05-29-2012, 15:48 #37
Re: zulutrade signal providers I like what sniper's doing... I had no idea the human drama unfolding on ZuluTrade... this should be on 60 Minutes if you ask me...
05-29-2012, 22:06 #38
Re: zulutrade signal providers He's down over -1400 pips. It's really not cool but hopefully the followers will be smarter in the future. THE STOP LOSS IS IMPERATIVE TO TRADING!!! If he had a reasonable stop loss, he would have been out of this trade and probably have recovered his losses by now. He's just cocky and stubborn. No 1 trader is bigger than the market. I use to think I couldn't be stopped early in my trading career until one morning the market punched me in the mouth in the form of a $6000 loss in 1 day. Actually that happened in a few hours. YIKES!!!
05-29-2012, 22:51 #39
05-29-2012, 22:52 #40
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