Zulutade is a joke full of kids playing with demo money, anyone can throw 100K at a trade in demo money and make money. My advice if you do not want to lose money, stay well clear of Zulutrade.
$20 per day from forextrading
- Thread starter fxmoney
- Start date
-
- Tags
- forextrading
Zulutade is a joke full of kids playing with demo money, anyone can throw 100K at a trade in demo money and make money. My advice if you do not want to lose money, stay well clear of Zulutrade.
Radioshark
Newbie
- May 7, 2013
- 12
- 1
If there is a way to make $20 everyday i wanna know
thank you,sure i will get success trying hard to get sucess,failed in many places like internet marketing and others,have only and last hope on forex nowBest of luck to you on this journey. I know that you can do it, you will succeed. Have faith and work hard and you can do it
forexmoney
BANNED
- May 15, 2012
- 2
- 0
update of my journey,today i have made an profit of $
34.10
34.10theothertwin
Newbie
- Jun 13, 2011
- 27
- 18
I'm making no comment on the actual trades, but what is the margin requirement on your platform.
Doesn't take a lot of movement in the wrong direction before you get a margin call, and they close down the trade whether or not it goes on to eventually recover.
Out of interest what's your risk/reward ratio? Do you only trade (risk) a certain percentage of your bank at anyone time?
Doesn't take a lot of movement in the wrong direction before you get a margin call, and they close down the trade whether or not it goes on to eventually recover.
Out of interest what's your risk/reward ratio? Do you only trade (risk) a certain percentage of your bank at anyone time?
forexmoney
BANNED
- May 15, 2012
- 2
- 0
i follow my technical,will trade with stoploss,so i no ned to worry of margin call
sry dude i have no idea about that,simply contact that psotr and ask him more info
seoguy81
Senior Member
- May 18, 2011
- 1,077
- 287
fxmoney..
1) one very basic fundamental flaw... in most of your trades, there is no take profits and no stop losses. Not sure what system/method you follow but trading without stops and target prices will only get you so far.
2) I see from another sshot of yours that you have a credit (bonus). Your broker surely has a volume turnover requirement, unless he's into charity and given you the bonus for free. In all likelihood, you will have to meet those restrictions before you can withdraw any funds. Its a trap that gets you into over trading.
3) Also just glancing through your statement, for ex: Ticket # 7435166 EURUSD short, total profit from that was $2.2 while my charts show apprx. 42 pips move to the down and 24 pips move to the up from your open price, yet your total profit was just 4.4 pips + overnight swap of $0.15 and commission of $0.35.
And I really wonder which sane person would keep a trade open without any stops on your trade overnight!!!!
Care to explain how your technicals worked here? I could look at more trades, but from looking at one, its not worth wasting my time over.
4) MT4 statements.. everyone knows how easy it is to edit the html statements. Your thread/journal would be more valid if you posted a link to myfxbook or a 3rd party verified stats system.
5) Not sure what your intention is in regards to making a forex journal here when there are specific forums that everyone knows and you get better feedback of your trades from different perspectives.
P.S: Not sure what your intentions are but if this is your pitch to getting PAMM investors or subtly selling your system.. dude, not a good way to start.
1) one very basic fundamental flaw... in most of your trades, there is no take profits and no stop losses. Not sure what system/method you follow but trading without stops and target prices will only get you so far.
2) I see from another sshot of yours that you have a credit (bonus). Your broker surely has a volume turnover requirement, unless he's into charity and given you the bonus for free. In all likelihood, you will have to meet those restrictions before you can withdraw any funds. Its a trap that gets you into over trading.
3) Also just glancing through your statement, for ex: Ticket # 7435166 EURUSD short, total profit from that was $2.2 while my charts show apprx. 42 pips move to the down and 24 pips move to the up from your open price, yet your total profit was just 4.4 pips + overnight swap of $0.15 and commission of $0.35.
And I really wonder which sane person would keep a trade open without any stops on your trade overnight!!!!
Care to explain how your technicals worked here? I could look at more trades, but from looking at one, its not worth wasting my time over.
4) MT4 statements.. everyone knows how easy it is to edit the html statements. Your thread/journal would be more valid if you posted a link to myfxbook or a 3rd party verified stats system.
5) Not sure what your intention is in regards to making a forex journal here when there are specific forums that everyone knows and you get better feedback of your trades from different perspectives.
P.S: Not sure what your intentions are but if this is your pitch to getting PAMM investors or subtly selling your system.. dude, not a good way to start.
seoguy81
Senior Member
- May 18, 2011
- 1,077
- 287
velmall.. if that's the statement to an ea, then you should google for 'equity curve fitting' and the basics of 'optimizing' a backtest. If that doesn't make you realize things.. then you probably deserve to make some guy rich with a few extra $$$'s.
thank you for your posthere i am not looking for any pamm investors,i have read your points,it might me corect,but as long as i am folowing good strategy which can work for me,no worries ,and have opend myfxbook a.c but a/c stats still showing penindg,and you mentuoned about bopnus,yes if i withadrw my profits they will remove my bonus
theothertwin
Newbie
- Jun 13, 2011
- 27
- 18
Ok now I'll be a bit more blunt, I asked some deliberately simple questions, and that's all you could come up with.
I'm sorry if you are genuine, and good luck to you, but I'd urge any bhw members not to try and recreate any of the vague steps found in this thread. In reality this is the reason 95% of traders who jump in like this, give back and any short term gains, and then go onto lose more than they can afford.
I also question the validity of a thread like this, yes we are all mostly here to make money, but we have a duty to make sure the community as a whole is not damaged.
There's a good site, search big G for advfn. The site is a little chaotic, but the forums are 'sometimes' populated by people who know what they are doing. To access the free bb (which is as good as the premium one), you need to register, there is no need to pay for any membership, unless you want to access their market data or extra premium services.
Last edited:
NoirHat
Regular Member
- Feb 4, 2011
- 449
- 216
finally somebody using a trade tracker
1:100 levearge i am using,as of now going on good lets see wht will happend,i am going to place an withadrw request of 600 usd tormow,will update once i recvd