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It's not a scam. You just have to pick the right signal provider. I should say, you have to know how to pick the right signal provider. There may be a provider with a 90% accuracy rate but that's not enough for you to decide to make them your provider. If you go to zulu, http://zulutrade.com/Performance.aspx (there's the link) I should be the first provider on the page (sniper012). I've been a signal provider for 5 weeks and I have a 75% accuracy rate. If you look at the 2 providers at the bottom of the page, you will see that both of those providers have higher accuracy but the both have major negative overall pips and negative pips per trade. You will also notice that they are considered to be risky providers, as is everyone on the page with the exception of myself. This is because they will make trades that might go hundreds or even thousands of pips in the other direction before they turn back around. So they will have a drawdown of maybe -650 pips and they will take 40 pips profit. Is that really what trading is all about? I mean, this can happen to anyone from time to time. Sometimes it may take a while for a trade to go in our direction. When you see this kind of trading on a regular basis, that's an indication that they don't really know what they are doing in my opinion. I will deal with the loss and live to trade another day while a lot of these providers will just hold and hold and hold and hold and hold positions. That's more wishing than it is trading if you ask me. I think the number 1 provider on zulu is pretty damn solid! He hit a rough stretch for a few days but overall, I'd suggest using him. He has an "off the charts" low drawdown!
Quote:
Originally Posted by NuNrg
well, do you have prrooof that Zulu will make us money? I heard about Zulu a long time ago but shrugged it off as another scam. Proove to me it is not and I will try it. . can you do that?
The people you referred to could lose in the same way if they all followed you to pick the same brokers. Your complain is nothing new, you got what you wanted and believe in. The best signal providers are there in Zulu trade and are rated from 1 to 10; that is what the world can offer now right now with their own knowledge.
Yea but how does EVERYONE that I referred, dozens of people all following their own strategy all have account balances of ZERO?
I believe that most people think that they can make tons of money just by depositing $500, they can make 2-3k in a month. But because their balance cannot withstand the possible drawdowns, they loose their money in 2-3 weeks...
For me a minimum $3k account is needed, trading micro-lots (not even mini), to be able to withstand a possible drawdown.
With this, i think you can make a 5-15% ROI/month, which is not bad i think
Yea but how does EVERYONE that I referred, dozens of people all following their own strategy all have account balances of ZERO?
It show the lies behind carnal trading systems and those claiming that they can help you. Only few people here understand the purpose of Zulutrade and how to make money with it. One of such person is Mike. If you follow the advise of people here that there are no draw down or you cannot keep drawdowns depending on the direction of trade or you can buy and sell at the same time you are bound to get your account slaughtered easily even under one week.
Recall when I started with finding out the appropraite lot size for a mini-account that cannot be wiped out. You contributed positively initially and got swayed by false accusation. You guys picked on my validity test on why I allowed a loss of -7000 pips on 1k account, none questioned how was it possible. This is the trick, let the signal provider go on holiday or the market go on the wire, your account cannot be easily wiped out. This is good side of Zulu trade. That knowledge o n how to setup your zulutrade account remains with me.
I cannot understand why owners of accounts cannot close out their trades or have a good setting mike and myself have shared here on several occassions.
But if you are in for quick kill, well try all of them you will get the same result. They are not investing but gambling. They don't care because your $500 probably will only fetch them something like 20 cent per trade. So to earn like $10 per day from trading for you they have to send in like 20 trades per day. This is one reason.
Now if you just close your eye and send out signal service without subscribers it is easy to make money. But as soon as you get paid subscribers, they only have less than 1k which is the nature of 95% of traders, you soon discovered that you cannot make it with or two trade per day.
Wake up who will make 20 cent for you to take home like $10 to $100 per account of $500-$1000 it is not profitable in that sense unless you find some that will do it free for you.
It is a brilliant FREE offer to get your account slaughered FREELY. You got to understand the corrupt practices of this world.
Now compare my new service I charge everyone $5 per day for every $1000 account
and returned 1,277 pips or 1,277% in one week or that could be $255 profit less $25 paid per week.
That is why first, you need to seek for wisdom, knowledge and understanding. Even with Zulutrade you got to understand how it works. But that intention of showing people how to make kill with Zulutrade was clouded with blackmailing and ignorance at a point. And many people were corrupted with false claims.
Before you jump on armature green signal provider tell the person to show you red pips in 1000s, you know my popular -7000 that was misinterpreted, and how he managed not to get the account of 1k not to be wiped out. apparently it is your responsibility to see that your account don't get wiped out.
DickP...you were a frequent visitor to the ongoing confrontation with me and fxbroker. You should know by now that you cannot listen to anything he says. It's just a matter of time before he starts talking about how he uses Jesus and the bible when he makes his trades. Need I remind everyone that this guy had about an 8k pip loss in the month of May on zulu? Let's assume that you were following him and trading 0.5 lots...you would still be looking at a loss of $4k in one month. There are hundreds of providers like him on zulu. Just for the sake of having a 90% accuracy rate, they will hold on to losing positions for months with the hope that it will turn around. The smart trader will cut their losses and look for a better opportunity. My accuracy as a provider is about 75% I think, but I don't have trades that result in 1.5k pip losses either. My worse trade was a -211 pip loss, which was more than made up for within 3-4 days. Some of the providers don't even put stop losses on their trades. If you have been trading forex, even for a short time, you know how fast currency can move for or against you in a very short period of time. Why would you not have something to protect you from massive losses? Even if you do everything right and you are the most experienced trader, you will get it wrong from time to time. I agree with one of the earlier comments; $500 dollars is probably not enough to get it done because of the drawdown factor. As I said earlier, the #1 provider on zulu seems to be pretty good. His worse trade is -195 pips. He has a 5% max drawdown, which is telling you that his once he executes a trade, it does not go too far in the wrong direction so I'm convinced that he knows exactly what he's doing. He also doesn't hold on to trades for days and weeks and months. He's 74% accurate becaue he knows when to get out of a bad trade and look for something better. So check him out...
Fxbroker says that his -7,000 pips in 1 month was misinterpreted??? See, this is why I come after this clown so hard. He can't just admit that he made bonehead trades in May and lost OVER 7,000 pips. I wonder if he would be saying the same thing had he gained 7,000 pips....hmmmmm??? Would that also be a misinterpretation? Math is not debatable...1+1 will always equal 2 no matter ho you "misinterpret' it.
DickP...you were a frequent visitor to the ongoing confrontation with me and fxbroker. You should know by now that you cannot listen to anything he says. It's just a matter of time before he starts talking about how he uses Jesus and the bible when he makes his trades. Need I remind everyone that this guy had about an 8k pip loss in the month of May on zulu? Let's assume that you were following him and trading 0.5 lots...you would still be looking at a loss of $4k in one month. There are hundreds of providers like him on zulu. Just for the sake of having a 90% accuracy rate, they will hold on to losing positions for months with the hope that it will turn around. The smart trader will cut their losses and look for a better opportunity. My accuracy as a provider is about 75% I think, but I don't have trades that result in 1.5k pip losses either. My worse trade was a -211 pip loss, which was more than made up for within 3-4 days. Some of the providers don't even put stop losses on their trades. If you have been trading forex, even for a short time, you know how fast currency can move for or against you in a very short period of time. Why would you not have something to protect you from massive losses? Even if you do everything right and you are the most experienced trader, you will get it wrong from time to time. I agree with one of the earlier comments; $500 dollars is probably not enough to get it done because of the drawdown factor. As I said earlier, the #1 provider on zulu seems to be pretty good. His worse trade is -195 pips. He has a 5% max drawdown, which is telling you that his once he executes a trade, it does not go too far in the wrong direction so I'm convinced that he knows exactly what he's doing. He also doesn't hold on to trades for days and weeks and months. He's 74% accurate becaue he knows when to get out of a bad trade and look for something better. So check him out...
Yes I have not change from using Jesus Christ nor misled anyone like you.
You have just misled DickP again and dragging him back to darkness, he has just lost $500 from
carnal knowledge, only fools will keep running after carnal when they are being slaughtered now
and then.
Here you just misled him again
Quote:
$500 dollars is probably not enough to get it done because of the drawdown factor.
This is a big lie and misleading people. You can take this money as micro which gives 50,000 units of equity. With wisdom you can make at least $128.5 from $500.00 per week. for 4 weeks you can return like $514. this is true 100 fold increase in profits with king Solomon's wisdom I have just
implemented.
Stop misleading people, you are advancing greed, greed doesn't help.
Any amount can return pips even $100 provided you are satisified with what $100 can technically return as profits.
Remember I traded$1k and left it purposesly for a loss of -7000 pips to test the stress small account can suffer. You turned this around and made a show and blackmail out of it. Now you are misleading your key supporter. He has just lost $500 to harlots, give him a good advise.
Quote:
As I said earlier, the #1 provider on zulu seems to be pretty good. His worse trade is -195 pips.
Why not your own zulutrade account if you are not gambling? If you can make profit on 500,000 you can also make profit on $100, if you cannot then you are a greedy gambler and foolish.
DickP drop this guy as your financial advisor or else you will lead all your friends to lose great money in the markets. You have just misled a couple of your friends. Time to repent and dish the Satan in this guy
A little remark
I've done $200 from $20 in 2 weeks. Not that bad, after all, don't you think so?
I agree... Maybe it was luck for me, but anyway
That is great! with micros you can start trading even with $10 so the story about $500 is too small is all rubish. One can start to ade in cents and return profits in cents and grow it into dollars.
I think you are wrong and there is no base in what you are saying...
There is a way in everything, you just need to find it, else we would all be millionaires.
Mist people that start trading forex, have absolutely no idea what they are doing...they just expect to make a living out of it, because they saw it from an ad or heard it from a friend.
The same is with zulu, testing testing testing is the key here as well
And the fact that you are spamming zipsignals as well makes me more cautious...
I think you are wrong and there is no base in what you are saying...
There is a way in everything, you just need to find it, else we would all be millionaires.
Mist people that start trading forex, have absolutely no idea what they are doing...they just expect to make a living out of it, because they saw it from an ad or heard it from a friend.
The same is with zulu, testing testing testing is the key here as well
And the fact that you are spamming zipsignals as well makes me more cautious...
For the first time I know you in this forum I can read something real good from your post.
You are correct people just post without thinking.
Now carman you said:
Quote:
Originally Posted by Cartman
Zulu seems to be the wrong place to put your trust in, so many bad stories coming from so many of you. to your accounts.
Tell us why you are spamming about zipsignals. I am using their service right now. They are no
harm to their subscribers.
I do not know much about their relationship with their Signal Providers that is, in delivery subscription fees they collected on behalf of signal providers.
But for ordinary subscribers or owners of funds, with good signal provider just agreed that these guys got it right.
Maybe you are from say competitive providers like zulutrade and you are afraid they will take your subscribers.
I see what you guys are saying, I really think Zulu was great for a long time but perhaps its just overused, overpopulated, and turned into what we have today. And what do we have today, can any one of you point out a method on Zulu to follow that will result in gains?
Make a video, write an essay, ebook, do something to re-assuage me to use it again.
Zulu "got it right" but they admitted to malfeasance on multiple occasions, "woopsies" that cost people real money.
What the bottom line truth is that you can not deny is that Zulu "got it right" for the creators of Zulu. Despite the expenses they must incur (and possible legal fees), in my estimation they are making millions every week, if not then I'd be completely shocked.
I see what you guys are saying, I really think Zulu was great for a long time but perhaps its just overused, overpopulated, and turned into what we have today. And what do we have today, can any one of you point out a method on Zulu to follow that will result in gains?
Make a video, write an essay, ebook, do something to re-assuage me to use it again.
Zulu "got it right" but they admitted to malfeasance on multiple occasions, "woopsies" that cost people real money.
What the bottom line truth is that you can not deny is that Zulu "got it right" for the creators of Zulu. Despite the expenses they must incur (and possible legal fees), in my estimation they are making millions every week, if not then I'd be completely shocked.
Just saying..........
DickP look at it this way:
Zulu trade is good for service providers to wipe out your account.
1. Zulu trade earn a commission from your broker each time a trade is executed for you.
2. They share this commission with your signal provider.
3. The commission that your provider earns is not dependent on profits they make for you.
4. The more they execute trades out of your account the more they earn commission.
Does that make sense to you.
So we can send out 20-30 trades in one day and close them out one by one.
Most are just scalping no strategy.
Zipsignal.com on the other only provide platform for me to sell my signals to you and auto
trade it for you and make profit for you for a flat fee. If I don't perform unsubscribed from my service and look for another service provider.
They are cool and is a true meaning of auto-trading which you as owners of fund you can see what is going on from MT4. You can take profit or close trades independent of your provider.
I will put up an ebook like I did for Zulu trade but only for my subscribers on how I trade for them.
No one is going to waste time and explain to other people who will not be using my services.
If I have 1, or 10, 30, or 100 I do not need to be greedy and execute more trades to earn more commission. Do you get it right now?
That is a major problem with Zulu, the propensity for a signal provider to want to maximize profits by employing a scalping strategy of earning only 3-4 pips per trade. Some signal providers try to get into 10 or 15 of the same trade at the same time and all earn a few pips profit. This earns the signal provider and Zulutrade.com untold profits and the user's account is at heightened risk for margin call, I've seen it happen a few times with Zulu, this is why I constantly implore people to not select signal providers based on Zulutrade's ranking system which 9/10 do. This is why many of those under me have earned money on Zulu and not the other way around.
Sorry to hear you do not like Zulu anymore some of you, but with the right signal providers there are profits to be had.
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IMO zipsignals is a cheap copy of zulutrade, still have a lot to learn. They dont convince me with the way they present things that they are serious and i can invest in them. The fact that they charge you $5 to just open a few days demo shows that fast, easy money is their purpose. I would only join them as a provider...
As far as zulu now, Mike is right, there are good signal providers out there, i insist, use many demos and test many providers and you will see.
Use the charts! They are very useful, especially the PnL chart says a lot! Its in absolute pips, so you can see what each provider does each month if he used 1 lot/trade.
Also the slippage chart, very useful when choosing a broker.
In history, see how long he keeps his orders open
I dont want to advertise anyone, but you can check on your demo these guys:
Marazopoulos
forextrend
systemsfxlive (although with so many followers i hope their system can handle it)
I believe that most people think that they can make tons of money just by depositing $500, they can make 2-3k in a month. But because their balance cannot withstand the possible drawdowns, they loose their money in 2-3 weeks...
For me a minimum $3k account is needed, trading micro-lots (not even mini), to be able to withstand a possible drawdown.
With this, i think you can make a 5-15% ROI/month, which is not bad i think
Now compare my new service I charge everyone $5 per day for every $1000 account
and returned 1,277 pips or 1,277% in one week or that could be $255 profit less $25 paid per week.
My point exactly! If Jesus had a hand in his trading, this guy should be batting 1.000! You should never lose with The Lord on your side, yet on his alleged account statement, he has nothing but losses. How is that possible?
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Re: ZULUTRADER.com, Anybody use them?
