April ZuluTrade report

How my real ZuluTrade accounts performed in April?
Quite good, I’ll say.

Main account: AAAFx

Unfortunately Tecnotrader uglified the graph a lot, nullifying the efforts of the other providers. I’ll leave him enabled hoping in a recovery, then it will finish in the trash can,
Secondary account: FXDD
On this account I run only Forex Cruise Control, to see if I get different results compared to AAAFx (actually I opened it to see if I could reduce slippage with another losing provider)
If it continues like that, next month I will reach my profit goal, and I will withdraw everything. (With forex, until you withdraw money, it’s like you don’t have them)

Tertiary accunt: AvaFX

This unlucky account (crazily high slippage, constant requotes, cancelled orders), this month was lucky, that negative peak happened when I enabled a provider that almost killed the account some time ago… experience does not teach anything, apparently.

Second week of Megadroid and Topbot

Here we are at the second week of Megadroid and TopBot (for Megadroid actually is the third week, but during the first it didn’t do anything)

Megadroid as usually is less profitable than begging on a blind alley, making less than one euro in three weeks. (And this is ridiculous, if you consider that with my risk settings I can lose 25 euro with a stoploss). Where are the millions that they are promising on their website? And I was complaining that keeping SteadyWinner enabled wasn’t worth…
TopBot worked well, except for that unfortunate trade on EURUSD….
On ZuluTrade instead I am at the same level of january, what some providers make, others are losing, and so on…

A bitter Christmas

The last weeks were useless, I complained on this blog.
Then, on Monday, the north korean leader died, signals operating in asian market times acted crazily, both Forex Cruise Control and High Profit Factor, went down a lot…
Why? In my opinion this is due to the new compensation policy of ZuluTrade: if the month ends in a loss, the provider won’t get commissions.
Since both providers made just 150 pips in December, closing the positions would have meant renounce to a lot of money to both… they preferred to keep them opened, betting on a raise.
Forex Cruise Control kept them open until today, closing in loss, but trying to end the month positively, opening other 5 position “outside the usual” (so my account did not open them, due to the 3 positions limit that I gave); High Profit Factor kept them open for a while, closed them, and, even if the market had low liquidity, opened new positions and closed them in loss trying to recover the commissions!!!

In the end I lost 50 euro.
ZuluTrade, thanks for changing the policy. You say it’s to protect the followers, but it’s obvious that you just want to make more money,

The third useless week in a row

For the third time in a row, this week had a draw.

Ap-zulu on monday did a lot of money, but tuesday lost the double he made.
Slowly the other providers recovered the situation, but there are two losing positions from Ap-zulu in loss, left open during the weekend. What will happen on monday?
Moreover, Christmas is coming, the trading volume will be lower than common time (so it will be better to not trade).
It was good that I did not trust the ap-zulu strategy (that is: continue to invest in the losing position until it goes high… it can lead to huge losses and even to the death of the account!), so by allowing only two positions I limited the damage.

The first month exceeded expectations

My fourth week in forex trading was awesome, if I don’t consider that, due to the spread between AAAFx and FXDD, my reverse signals gave me a 30 euros loss instead making 10 euros.
So, I just disabled every signal that is using FXDD, probably I will open another one with FXDD to reduce slippage and those damages that spread can do.

 

The graph is still good, because I did not close that orphan trades… I hope in a recover…