Today (3. November 2012) I am going to review new #1 Zulutrade Signal Provider : "good good system"
Here are basic stats:
Zulutrade Ranking: #27
Pips Profit: 17.3k
Trades: 82
AVG. Pips: 211
Win%: 95%
Average trade time : 16days
Weeks: 12
Max. DrawDown: 5% (800 pips)
Followers: 1238
Max. open trades: 30 , recently changed to 5
NME (Necessary Minimum Equity): $394
Review:
Altough
this SP is in a big profit, we think that this profit was generated with a
medium risk (30 open trades, 800 pips dradown). So as chart shows , you
can
really make a very nice profit, but set your lot size according to these
stats., so
that your account can survive 800 pips drawdown. So according to NME you
should have at least $394 of your capital for every micro lot you will
trade. And remember, this provider used to open 30 trades at same time, altough changed recently to 5 only.
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