Cloud trading – the latest system addition on ZuluTrade

Hi from ZuluTrade! Check out our latest system additions on ZuluTrade!
This newsletter is about suggesting systems you should test on your demo account! Enjoy!

Cloud trading

“Medium term trades from 2 to 10 days,trading only daily and weekly charts,always in the direction of the trend.I am against intraday small timeframes.Stops are 80 to 140 pips for each trade and once placed at the optimum levels,they are never changed(keep in mind that trading without stop loss is a definate way to disaster so i will never let a trade without a stop).I choose daily, only the high probability setups(if there are any), and once a trade is in profit i always take 50% off the table,moving to break even and letting the rest run safely.I take 2-4 trades a week but sometimes i will not trade at all,or sometimes i ll take few more trades -its all depending of what market is doing.For each trade i open 2 positions,to be able to close one position in profit and let the other position run with stop loss in break even point.We will accept losses when they come,if price is going to hit our stop,let it be.Never remove the stop from a trade in hope that price will reverse for your favour.We simply dont care about losses as they are part of the game.The equity curve will rise anyway. Money managment and settings for 1:100 accounts-PLEASE READ CAREFULLY: For 2000$-3000$ mini accounts follow the steps: 1)go to your settings and select “Custom mode” at Risk Allocation Mode. 2)go to lot size tab and select “mini”. 3)go to mini(lot) tab and set 0,5 . For 4000$-6000$ accounts repeat the steps and set 1 mini lot instead of 0,5. For 8000$-12.000$ set 2 mini lots,and last for 16,000-20,000$ set 4 mini lots. Allow 6 open trades maximum but not less than this.Maximum DD will be up to 280 pips.Additional positions will be opened only if previous trades are locked in profit and they are risk free trades For standard or micro accounts follow the same steps and select “standard” or “micro” at the lot sise tab”