*Interested People* Update: ZuluTrade - gained over 3100 pips in 7 days!
June 6th, 2009 at 5:59 am
Hello Interested People,
I am here to report my results after one week with this new demo
account I opened last Friday. In 7 days, the two signal providers
have made over 3100 pips! WOW!
The two providers I used are Bigwin and FX Fila
Pea.
Note: There were two Stop Losses hit with FX Fila Pea that
reduced my account 1000 pips and I also have 5 open trades in
drawdown over 1000 pips as well, all FX Fila Pea trades.
Bigwin had a few losing trades, but with reasonable stop losses,
like 50 pips or so. With Bigwin alone, over 2000 pips were gained
in one week.
So.... even though FX Fila Pea performs well over all, the
drawback is BIG drawdown (which you'd need a large account
balance to cover, not to mention the stress) and the stop losses
are HUGE so when they hit it really hurts and could wipe out an
account if they were to hit before you had time to build up your
account with wins first.
I am going to remove FX Fila Pea and use Bigwin only. If
they perform as well this coming week, I will go live using them
as the sole signal provider.
I will report my results next weekend and let you know.
In the meantime, if you need a new demo account or need to set up
your existing demo with signal provider(s) or if you are just
getting interested now and need to get started, please go here
for a step by step instruction guide:
http://zulutrade.interestedpeople.com/
If you want to go directly to the site: http://suzanna.zulutrade.com/
I have a whole list of providers I was testing on the step by
step page, but I have it narrowed down to 2 and really now to
one, which is just fine. With ONE provider you can start with a
smaller account and not need as much margin.
I am asking some questions of support in regards to standard,
mini and micro accounts being used with this service. As soon as
I get responses, I will send you more info on how to get started
live and what a minimum starting balance should be.
I am also re-confirming my happiness using MegaDroid and
the new version of FAPTurbo (with my own settings). We did
have 2 losses last week with FAP, but with the new risk
management, even when we hit stop loss (which is much rarer now)
it isn't the end of the world, or the end of your account.
See my two statements here:
http://suzanna.mt4stats.com/
and
http://suzannaibfx.mt4stats.com/
Eur/USD trades are MegaDroid and all others are FAP. Pay particular attention to how well
the eur/chf is performing! I am going to increase my risk
levels on this pair! Even if you use FAP for this one
trading pair only, you will be very happy with results! My IBFX
account is number 39 in the contest and I have made 23.41%
already for the month (5 days!)! (see: https://secure.ibfx.com/contest/contestresults.aspx
)
More info on both these robots (and others) here:
http://www.getresponse.com/archive/interestedpeople/Interested-People-Forex-Goodies-871252.html
Thanking you very much... have a GREAT weekend!
Suzanna