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Social Trading with ZuluTrade - another trip and loss. Week # 7 [TEST]
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Social Trading with ZuluTrade - another trip and loss. Week # 7 [TEST]

created David Burda25 May 2020

The seventh week of social trading with ZuluTrade and unfortunately, our capital was depleted again. In the past week, there is no one to blame for this - almost all signal providers generated a loss. The investor is the exception DJCapital, which generated $ 11,15 profit and compared to the rest of the results is quite good, but it did not help us much.


ZULUTRADE: INTRODUCTION


How our suppliers played at ZuluTrade

All investors, as was usually the case before, completed a large number of transactions, as many as 262. At the same time, they set an infamous record of loss positions at 100. He recorded the most minus transactions AHMED FX, and their total sum was -337,64 USD. Our best supplier (Hidden Treasure) also suffered a loss. In the middle of the week it was -330,92 USDbut eventually he managed to make up part of this loss and generated a loss of -248,72 USD. Thus, the past week ended with a result -546,50 USD.

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

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

This time the EUR / USD currency pair was not the one on which investors traded the most. Total number of transactions per "Edek" constituted 18% of the total. The currency pairs with the pound were the most popular and accounted for 40% of the entire history.

Summary of the XNUMXth week in numbers:

  • The total loss is -546,50 USD,
  • 29 positions remain open for a total loss -75,93 USD,
  • 262 transactions were completed, including 100 minus.

zulutrade results

Current account balance since the start of the test:

  • Total profit 245,69 USDwhat gives + 5 % rate of return
  • The sum of all losses  -1849,71 USD,
  • 1674 closed positions - 1390 profitable and  284 lossy,
  • 29 active items with a balance sheet -75,93 USD.

Summation

Once again we return practically to the starting point. For a long time, we cannot break the 20% profit barrier. Investor AHMED FX, which achieved the biggest loss, left the group of suppliers by itself. If the currently open positions can be closed in the black, then a new supplier will probably join us this week. Details soon.

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.