User on ZuluTrade that is making NICE Return...

[Mike]

Hey everyone,

Facebook is an interesting place, all sorts of new info is coming my way. Someone posted on their wall their Live Trader Account (end-user) (http://www.zulutrade.com/Follower.aspx?&ref=1&id=119023) and they are making VERY nice returns with real money. I had no idea you can do this, but in theory, if you click on their profile, follow the same providers they do, you should experience some nice returns with them.

In all they are up 3000 pips in just under 15 weeks, trading mini lots.

Like always, it is VITAL to set stop losses for these providers, I'd recommend something around 50-100 pips (depending on your account size and risk appetite).

Anyway, check out what a real live zulu trade user is up to following real signal providers: http://www.zulutrade.com/Follower.aspx?&ref=1&id=119023

[DickP]

Yea, you didn't know you could do that? :D

[Paratroop]

Mike

Thank goodness you were able to find LIVE PERFORMANCE stats.

However, I read in another forum that the zulu feed can be several pips away from actual price depending on the broker. With your stats, here's a quick comparison of Live versus Zulu for the signal provider Fastmoney

LIVE (using AVA)

fastmoney GBP/USD BUY 0.2 2010/01/11 19:53:31 1.61000 2010/01/11 20:27:49 1.61120 2.6 -1.8 0 2 pips
€1.65 3,338 pips
€2,261.66 =======+2 PIPS

ZULU (using FXCM)

fastmoney GBP/USD BUY 1 2010/01/11 19:53:34 1.60980 2010/01/11 20:27:52 1.61135 18 -6 0 16 pips
$155.00 25,900 pips
$266,006.70 ======+16 PIPS


If I did the calculation right, there's a 6-pip difference that was somehow lost after accounting for the position sizing.

If it's not the feed, it must the broker or something else, right ?

[DatsonDriver]

Mike

Thank goodness you were able to find LIVE PERFORMANCE stats.

However, I read in another forum that the zulu feed can be several pips away from actual price depending on the broker. With your stats, here's a quick comparison of Live versus Zulu for the signal provider Fastmoney

LIVE (using AVA)

fastmoney GBP/USD BUY 0.2 2010/01/11 19:53:31 1.61000 2010/01/11 20:27:49 1.61120 2.6 -1.8 0 2 pips
€1.65 3,338 pips
€2,261.66 =======+2 PIPS

ZULU (using FXCM)

fastmoney GBP/USD BUY 1 2010/01/11 19:53:34 1.60980 2010/01/11 20:27:52 1.61135 18 -6 0 16 pips
$155.00 25,900 pips
$266,006.70 ======+16 PIPS


If I did the calculation right, there's a 6-pip difference that was somehow lost after accounting for the position sizing.

If it's not the feed, it must the broker or something else, right ?



As a signal provider with my eye on MT4 and Zulu at the same time, I noticed that the price with Alpari was always very close to Zulu's price. So, my complaint against zulu does not rest in price manipulation, my problem are the spreads themselves which are just too high to scalp whatsoever.

[AARP]

Website note working

[Matt]

Yea, No Permission to access that user's page :(

[GekkoFx]

Link not working man

[SpeciesFX]

Gee I wonder why the account is no longer there, b/c it is B.S. on Zulu's part.

[Paprika]

I don't see nothin...

[DickP]

Gee I wonder why the account is no longer there, b/c it is B.S. on Zulu's part.

It could be for a number of reasons.