Social Trading with ZuluTrade - Test summary after 20 weeks

Our platform test ZuluTrade has come to an end. Recall that we started investing with an initial balance in the amount of $ 5000 in a real account. The test was divided into two parts. During the first 10 weeks, we presented systematically our results, conclusions and insights. We were close to breaking the 20% profit barrier, but finally ended the first cycle with a slight loss -144,44 USD (-3% of the deposit). During this period, we made several changes to our suppliers in order to optimize our portfolio.

ZuluTrade results after 20 weeks

Another 10 weeks have passed and it is time to present the results. The situation is as follows:

• Three new investors: MONGOLO GV 5 - loss - $ 31,10, OPALS6FX - loss - $ 27,45, MINIMALFX - profit $ 27,85
• Total profit of $ 272,82
• 974 transactions - 144 lossy, 830 profitable
• Worst result - HIDDEN TRESUR - loss - $ 404,15
• Best Score - SIGNAL GUIDE -  profit 678.92 USD
• 21 active items on the total loss - $ 378,66

Current account balance since the start of the test:

• 2973 transactions concluded - 2636 profitable, 520 lossy
• Total loss -365 USD, which is 7,3 % OFF initial deposit,
• Best Score - SIGNAL GUIDE  - profit 1186,90 USD,
• Worst Score - LEGENDARY TRADERS -  Strata -982,05 USD,

Summation

Unfortunately, the second 10 weeks of Zulu Trade disappointed. We aimed to exceed the 20% profit at the end of the entire test. This was highly likely to be achieved as we were very close to that goal from the very beginning. Increased volatility in recent times in the financial markets did not directly translate into a greater profit. New investors did not play a key role, but they did not ruin our account either. their losses were only a dozen or so dollars. However, we have a definite winner of this test and it is the investor SignalGuidewhose trading is noteworthy (and copied).  He completed the test with over 20 percent profit.

Would we recommend Zulu Trade? Yes, but only as an additional element of our portfolio.

Some tips to conclude:

• Do not focus on making advertising-like profits.
• We do not recommend that you deposit all (or most of) your funds.
• We choose suppliers who achieve profits over a wider time horizon.
• Half of the initial balance is allocated to investments, divided between two suppliers.
• We must constantly monitor our account balance and react in the event of poor performance of certain suppliers.
• In justified cases, we recommend manually closing positions and making a withdrawal to take over the profits.

ZULUTRADE PLATFORM