Hi everyone. I’ve been doing some research lately into ZuluTrade signal providers and I’ve come across one that I believe merits a closer look. To be honest, right now my ZuluTrade portfolio is not where I’d like it to be. I’ve got no signal providers that I run live at the moment because back in December 2009 and middle to late January-February 2010 the market choppiness shook up my ZuluTrade account quite considerably, so I decided to shut all signal providers off until I find some that trade more conservatively – “low risk” (yes I was using the so called “high performance” zulutrade superstar signal providers).
I am a real day trader, no EA’s or magic indicators just price action. This means I take losses on trades while trying to match them with bigger more frequent winners. Dont trade with me if you want 100% winning trades. Use the setting I describe on my main page and you will profit with me. —-Lot Size and Stops—– I am not going to tell you how many lots to trade with me as that is entirely up to your risk allocation and risk tolerance. I can say personally that I trade 1 mini lot per $900 dollars of equity in my account. I only open single lot positions so unlike other providers who open large multiple lots, I play it safe and would rather maximize my return on each lot as opposed to the aggressive trading style of others which doesnt reflect reality. Stop losses are placed on trades.
PraetorianGuard has a rating of 3 stars at the moment. The odd thing is that 5 minutes ago before I refreshed the page the rating was 4 stars. I guess the ratings are updated frequently then. Also this signal provider trades his own funds with ZuluTrade. If you checkout its trading history page you’ll see that all the trades say “LIVE” in the far left-hand column.
Also of note is that This signal provider is also known as : EliteCapital, IrisHillFXFund. At this point I’m not all that interested in their other “incarnations” as I really like the drawdown to profit ratio of PraetorianGuard. If you checkout their stats you’ll see that PraetorianGuard has a maximum drawdown of 21% with 90% winning trades. In my book that is really good performance! And not surprisingly they’re ranked 3’rd our of all the ZuluTrade signal providers. Now that I think about it PraetorianGuard isn’t a super conservative signal provider such as I was hunting for, but I think it at the very least merits some demo testing and perhaps a few weeks of live trading with small lots.
Anyways, I’m gonna continue my research into the various ZuluTrade signal providers and if I come across anything else that is good I’ll let you all know. For now though if you wish to learn more about PraetorianGuard visit their ZuluTrade profile page.
Happy trading to you all!