ZuluTrade – May 2013

May was even more terrible than the last one. Did you remember that I said that TotalGrid 2.0 was a bit risky because it had the potential to wipe an account? Well, it happened. Now on my account I have just 15 euro…

Signals that I recommend on a live account:

Not a single one.

Signals to watch, maybe in an unlimited demo account:

FE signals lost too much, again. I watch in demo, just to see what happens.

ZuluTrade – April 2013

This month was awful: my choice to blindly trust FE signals was bad, they performed even worse than last month. This is the detail:

Signals that I recommend on a live account:

  • TotalGrid 2.0 +75 pip
    Actually, due to slippage, I got a negative result on my account, but I continue to have a positive opinion on it. (Brokers that support ZuluTrade, usually have high spreads and worse trading conditions)
This month I recommend only TotalGrid. In the beginning I was thinking that it was risky, but it doesn’t overtrade, and it’s using a correlated basket: if one pair is going bad, it’s compensated by the others.

Signals to watch, maybe in an unlimited demo account:

  • BreakON +7 pip
    Last month I changed the strategy, to risk less, but this month it traded just a little. If you wantIl mese scorso cambiato la strategia per rischiare di meno, solo che questo mese ha tradato pochissimo. If you want to follow it, use the lot calculator or set 0.01 lot for each $250.
  • Signal Palyer -46 pip
    WTF! Three negative months in a row, but it was so good! Also here a lot of slippage. I leave it enabled for a more month.
  • FE – Asys Trend Range -207 pip
  • FE – Euro Fibo -290 pip
  • FE – Trend Scalper -135 pip
Signals from FE lost too much – I leave them enabled: usually after a negative period, there is a positive one, right?

ZuluTrade – March 2013

In this month I got a good result with ZuluTrade. The signals from FE were disappointing, but in average it was good. This is the breakdown:

Signals that I recommend on a live account:

In the past months, it never happened to have a such bad result on all three at the same time! And of course, when it happens? When I raise the lots on them… but I believe that in April they will recover the losses.
I noticed, though, that there were “strange” trades, or duplicated ones, I have the feeling that they manually fiddled with the system for that stupid ZuluTrade new policy that will cancel rebates to signals when the month has a negative balance – since they have many followers, the would have renounced to a lot of money, so they might have manually interfered with trades to get …

Signals to watch, maybe in an unlimited demo account:

  • BreakON +33 pip
    I changed the strategy to risk less, I open just two trades daily, instead of three, and my target is more pips per trade. If you wano cambiato la strategia per rischiare di meno, invece di tre trade, adeso ne apre due, puntando a un risultato maggiore. If you want to follow it, use the lot calculator or set 0.01 lot for each $250.
  • Signal Palyer -160 pip
    Shoot! Two negative months in a row! It was so good in the past!
  • TotalGrid 2.0 +697 pip
    Whoa!!!! Wonderful!!! After a great month like this, I am expecting a (short) drawdown perdiod. You have to be careful with money management though: is a grid, if you follow with to many lots it can make a disaster – don’t assign
    too many (micro) lots – I suggest 0.01 for each $500.

ZuluTrade – February 2013

This month ended positively with the signals I follow on ZuluTrade. Here they are:

Signals that I recommend on a live account:

A lot of pips with small drawdown! Great!

Signals to watch, maybe in an unlimited demo account:

  • BreakON +78 pip
    I am “biased” towards this signal – long term results are good, but you have to remember that in an unlucky day you can lose 30×3 pip. If you want to follow it, use the lot calculator or set 0.01 lot for each $250.
  • Signal Palyer -36 pip
    In the beginning was great, now is a bit disappointing, but I like how he can manage losing trades
  • TotalGrid 2.0 +133 pip
    This signal has a great yield, but is a grid, with a wrong money management it can make a disaster – don’t assign too many (micro) lots – I suggest 0.01 for each $500.

Protip: don’t withdraw from “benchmark” accounts

Friday, my BreakON account reached the 20% profit in two months, so I decided to withdraw, halving the capital but keeping the same trade size: effectively doubling the risk.
Today I got a 140 pip loss, but, having halved the capital, the graph shows a cliff:
Today I lost 30 pips less than I lost on 13th december, but at a first glance it looks like I lost the double. Rightly, since the capital is halved compared to a month ago. (If on a 1000 euro account I lose 9 euro, it’s the 0.9%, but if the account is a 100 euro one, I lose the 9%)
In fact, on the profit tab, and on ZuluTrade, the situation is not THAT desperate.
Lesson learned: If you wanna keep a “benchmark” account to show performance on public, DON’T WITHDRAW and DON’T DEPOSIT, otherwise the graph will be distorted.
On the other side, some EA sellers could use this technique to distort the “verified” graph to their profit: if I got a 60 pip win, the graph would look wonderful.

OddBot PRO

I tried OddBot PRO for three weeks. The result was good, it’s more accurate than the “common” OddBot:
It has just one flaw: its price. The license it’s £300/year and it works on one account only. To just make the license cost, setting the risk per trade at 2%, if the market behaviour doesn’t change, you need at least $3000 on your account. Hence, to be safe, you need at least $10k-$15k…