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Let me ask, would you be opposed to getting paid .2 or .3 lots per trade? I mean, if you had 100 followers all trading 1 full lot, thats about $200-$300 per trade! Would you complain about that?
I think there needs to be a new service that ISNT zulu that charges at most 1 pip above the spread. The service could get .5 pips, the SP could get .3 or .4, and any referrers gets .1
It's ALOT more fair for everyone involved. Don't you think?
Hrmmmm, sounds good to me. I mean, I'm small time. But a good trader with a GOOD strategy that works pretty good. All I care about is doing well and letting people hop on for a small small price. And I despise the idea of charging a flat fee per month for signals, either paying for it or charging for it
Well I have one more complaint about the Zulu Trade service that I totally neglected to mention before. It's the fact that each time I want to enter a trade, it executes instantly, but when I try to close the same trade at or near break even (an integral part of my strategy), it lags, not even closing until I hit it 5, 6, sometimes 10 times! It's like they want you to stick in a losing trade.
Most of the time when I'm up quite a bit, it's no problem and closes instantly.
Just don't get it.
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Originally Posted by 2fxPON
Why even waste your time talking about this. Any real trader knows ZuluTrade.com is a scam through and through!
You see, that's not constructive at all. I think it's a money making operation, but it does have benefits. In that sense, 99% of anything in the world is a scam.
Well, my strategy is killer, truly, but on Zulu I've experienced some problems due to a couple of things:
1) Spreads are double what I'm use to.
2) Stop Losses and Take Profit must be 30 pips away from entry level
3) Can't close a trade instantly or as fast as I would like
4) Multiple times I experienced spikes causing a 500+ pip drawdown while on my charts they did not spike.
And some other minor things. I can't say Zulu is a scam, but it just isn't very efficient way to give out signals to traders.
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