Social Trading with Zulu Trade - not too bad. Week # 1 [TEST]

It's time to sum up the first days trading z Zulu Trade. As a reminder, we have started the investment with the balance  $ 5000 to check if this platform can generate passive trading income. In the long run, we'll focus on regular profits and return.

Be sure to read: ZuluTrade - is it possible to make money by copying others? We are starting the test!

Suppliers were selected according to the amount and scale of risk. The risk has been set at a moderate level. There are currently five active investors and this group has clarified over the past week. There were more of them but some were not very active and sporadically concluded transactions or even not at all. In total, 172 positions with values ​​from 0.1 to 0.5 mini lot were opened. Only 10 of them brought a loss. At ZuluTrade, the default transaction size is mini lot or 10 units.

Selected signal providers.

Signal provider strategies

Our suppliers make transactions in different ways. A beginner who has no experience in trading will not notice certain things. However, the test was also to be addressed to people who already have some knowledge and experience in this type of investment but would still like to use this form of capital increase.

Well, it happens that our suppliers open positions a little too late or hold profitable positions for too long. In both cases it is a waste of time, and hence some profit. Having access to the platform, knowledge and our analysis, we can easily see it. We always have the ability to independently close a given or all positions. There is no reason to do so for now, but this is only the first week with Zulu Trade and it is too early to move in this direction. As long as the suppliers we choose generate profit and it is regular, there is no need to reinvent the wheel.

Week # 1 in numbers

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

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

Most transactions were carried out on steam EUR / USD, which is exactly 55% of the whole story.

The first cycle generated the following results:

• total profit is 450,56 USD, which is 9% profit
• 172 profitable and 10 loss positions, which in turn gives us efficiency at the level Present in several = 94%,
• the total sum of lossy positions was -30,01 USD.

Summation

There are currently 8 items open, all with one supplier and a total loss of -66,21 USD. Four of the five suppliers completed their trading before closing the market for the weekend.  The first week was surprisingly good, but as I mentioned at the beginning, repetition and regular profits in the long run will be important, hence too early optimism.

ZULUTRADE PLATFORM