Today (15.october 2012) I am going to review Zulutrade SP : "f8"
Here are basic stats:
Zulutrade Ranking: #3
Pips Profit: 32k
Trades: 3980
AVG. Pips: 8
Win%: 86%
Average trade time : 1day
Weeks: 137
Max. DrawDown: 29% (9 k pips)
ROI: 62%
Followers: 1198
Max. open trades: 31
NME (Necessary Minimum Equity): $1480
Review:
Altough
this SP is in profit, we think that this profit was generated with a
high risk (31 open trades, 9k pips dradown). So as chart shows , you can
make a very nice profit, but set your lot size according to these stats., so
that your account can survive 9k pips drawdown. So according to NME you
should have at least $1480 of your capital for every micro lot you will
trade. And remember, this provider open 30 trades at same time.
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