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Social Trading with ZuluTrade - a severe loss. Week # 9 [TEST]
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Social Trading with ZuluTrade - a severe loss. Week # 9 [TEST]

created David BurdaJune 8 2020

The ninth week of adventure with social trading in has ended ZuluTrade. As it was the case in previous cycles - after a good, profitable week, there was usually a loss. This time it was no different, but this one is exceptionally large, because for the first time our balance is lower than the initial one. How did it come about? About it in summary.


ZULUTRADE: INTRODUCTION


How our suppliers played at ZuluTrade

Last week, all suppliers completed 125 transactions. That's not much, considering the results from previous summaries. Investor Hidden Treasurewho delighted with the results ruined our account. His 91 positions brought a total loss of -972,87 USD. Another provider - DJCapital - generated a loss of $ 449,20. Signal Guide's third player ended the week with a symbolic profit of $ 60,14. Its history from the beginning of the test is interesting. As the only one, it was in the black from the very beginning and generated a profit of $ 507,98.

RYS1 zulutrade loss

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

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

Most transactions were carried out on the GBP / JPY currency pair, which is 26% of the entire history.

Summary of the XNUMXth week in numbers:

  • The total loss is -1361,93 USD,
  • 22 positions remain open for a total loss -152,19 USD,
  • 125 transactions were completed, including 73 minus.

RYS2 zulutrade review

Current account balance since the start of the test:

  • The total loss is -638,37 USD, which gives a rate of return of -12%,
  • The sum of all lossy positions totals -3212,52 USD,
  • 1977 closed positions - 1619 profitable and 358 lossy,
  • 22 active items with a balance sheet -152,19 USD.

Summation

Nine weeks behind us and we still haven't broken through the 20% percent profit barrier. We take one step forward, then two backwards. We have a week ahead of us in which we will try to bring our balance back even to its initial state. Our group of investors has left DJCapital, and his transactions were closed manually, giving a profit of USD 28,60. Hidden Tresure remains due to the large number of open positions. One or two new suppliers will join us this week.

ZULUTRADE PLATFORM

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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.