Social Trading with ZuluTrade - great start, loss at the end. Week # 4 [TEST]

The fourth week behind us ZuluTrade and at the same time the first to end up being lost. In the previous summary and our mini supplier ranking, I wrote that the Antocat5 investor was the worst after three weeks and was nominated to leave the group of our suppliers. So it happened, Antocat5 had 10 open positions on Monday with a total loss of -16,30 USD. We closed all of them manually and removed the investor from our list. Hidden Tresure jumped in its place. It was selected from a group of suppliers who have not suffered losses for at least 3 months. Unfortunately, we still have a lot of open positions, as many as 34. They generate a total loss of -356,52 USD.

ZuluTrade - Summary of the Third Test Week - CHECK

How our suppliers played at ZuluTrade

Previously opened positions by the leader of the Legendary Traders rankings resulted in this week ending with a total loss of -251,97 USD. The sum of all closed loss positions of Legendary Traders was - $ 693,93. Until Wednesday, April 29, there was already USD 415,02 in profit! Mainly due to the new provider who generated a profit of as much as $ 356,87 by himself. He realized 160 positions and all of them turned out to be… profitable. Without this trader, our balance would have decreased much more.

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

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

It remains the most traded pair EUR / USD. In # 4 week almost half (48%) of transactions were concluded on this pair. A new GBP / CAD currency pair has also appeared, on which no positions have been realized so far. This is the effect of the new trader (Hidden Tresure), which carried out 10 transactions on it, and all of them were closed in the black.

Summary of the XNUMXth week in numbers:

• The total loss is -251,97 USD,
• Profitable transactions 441,96 USD,
• Lossy transactions -693,93 USD,
• 34 open positions remain on the total loss -356,52 USD,
• 325 transactions were completed, including 29 minus

Current account balance since the start of the test:

• Total profit 765,67 USDwhat gives + 15 % rate of return
• The sum of all losses  -423,84 USD,
• 824 closed positions - 712 profitable and  112 lossy,
• 34 active items with a balance sheet -356,52 USD.

Summation

This week has brought a settlement to the previously opened positions and unfortunately it cost us a loss of capital. The effectiveness and the start of a new supplier are optimistic, because it was thanks to his trading that we managed to reduce the loss.

ZULUTRADE PLATFORM