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Social Trading with ZuluTrade - finally a solid result. Week # 6 [TEST]
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Social Trading with ZuluTrade - finally a solid result. Week # 6 [TEST]

created David Burda18 May 2020

The sixth week is behind us ZuluTrade and after the previous 14 days on the loss we finally note a very good result. IN previous summary I wrote about the poor performance of the trader Legendary Traderswho was responsible for sinking the profit generated so far and reducing the rate of return from 20% to 4%. On Monday, this provider left our group of signal providers. Others who were in the first positions in terms of profit in the first ranking proved to be stable partners and still remain in our portfolio.


ZULUTRADE: INTRODUCTION


How our suppliers played at ZuluTrade

The remaining four traders managed to realize a total of 278 positions, which translated into profit in amount +557,80 USD. Only 3 positions proved to be lossy, and their total was only -12,64 USD. Once again, the investor turned out to be the best Hidden Treasure, which without any lossy position alone generated $ 331,64 profit. Together with our other supplier (SignalGuide), were on the list of the best traders of the past week.

zulutrade reviews

The currency pairs on which transactions were concluded last week are:

  • EUR / USD
  • EUR / AUD
  • EUR / CAD
  • EUR / NZD
  • GBP / USD
  • NZD / JPY
  • CAD / JPY
  • GBP / JPY

The EUR / USD pair still remains the one with the most transactions. Last week it was 33% of all closed positions.

Summary of the sixth week in numbers:

  • The total profit is 557,80 USD,
  • Lossy transactions -12,64 USD,
  • 43 positions remain open for a total loss -209,95 USD,
  • 278 transactions were completed, including 3 minus.

zulutrade results

 

Current account balance since the start of the test:

  • Total profit 792,19 USDwhat gives + 15 % rate of return
  • The sum of all losses  -1303,21 USD,
  • 1412 closed positions - 1228 profitable and  184 lossy,
  • 43 active items with a balance sheet -209,95 USD.

Summation

5 trading days behind us, which resulted in a very good result. It is rather doubtful that it would be so good if it still remained in our group an investor who for two weeks caused regular losses. The conclusion is that despite a good start, you should constantly monitor the actions of your suppliers and respond especially in such cases. Probably after a long time we will be able to select a really sensible and stable group of traders, which will probably need to be modified from time to time.

ZULUTRADE PLATFORM

What do you think?
I like it
Present in several = 75%
Interesting
Present in several = 13%
Heh ...
Present in several = 13%
Shock!
0%
I do not like
0%
Detriment
0%
About the Author
David Burda
An active trader on the Forex market since 2017, specializing in the currency and commodity markets. He considers highly effective technical analysis combined with simple investment tools. Privately, a fan of spending free time actively.
1 Comments
  • Mariusz Karelko
    19 May 2020 at 11: 29

    Damn, nice result. Are you somehow filtering your suppliers, or have you ever found a good shot?

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