Hello fellow zulutraders. Time to post the top current ZuluTrade signal providers. Not much has changed from the previous time period. The signal provider I chose to add recently (xiaolidao) went down a few spots though, but that’s about it for me. Whether I keep xiaolidao or not remains to be seen. So without anymore jabbering from me, here are the top signal providers:
12 thoughts on “Top ZuluTrade Forex Signal Providers for this week (2013-02-04 to 2013-02-09)”
the ranking scheme has just changed;) you need an updated picture! I amcurious what you thing of the new number one – kama spot? he seems quite alright 😉
Hmm indeed..it seems the tides have turned again. Kama seems like a good provider so far. Actually I’ve added him to my live portfolio. Him and F8.
Kama is doing wonders on my account along with his other saved fx account , i highly recomend him , get his pips while he is in good form.
Hopefully he stays in good form for as long as possible so we can squeeze some pips out of him 🙂
Kama,FxTurtle, OSTRICH GBP, and f8 are among my best performers ….
I must say I’m a bit disappointed with FxTurtl’s performance for Jan and Feb thus far. I had to temporarily disable him. Hopefully he recovers. I might give him a second chance then. F8 is definitely kicking ass.
I haven’t checked ostrich gbp but I shall now that you mentioned it 🙂 thanks!
Whoa holy sh*t! I checked out Ostrich GBP’s performance page and upon looking at his open positions I nearly had a heart attack..88% drawdown!? I hope he hasn’t wrecked your account. Are you also holding on to the same trades as on his account page or?
Can you recomend how many providers to copy at the same time? Are 10 providers ok or should i limit them?
Well, the number of signal providers one can have on an account depends on the size of the account, the lot size each provider trades with, and the max number of open position each provider is allowed.
You could always use their Risk Meter and they will automatically allocate lot size, number of active signal providers, etc all based on the % of risk you set. So if you set like for example 10% account risk they will set everything up accordingly.
So the answer to your question is yes 10 providers and more are ok as long as you have the account size to back them up.
thank you for the detailed answer!!
you really put things into places, risk allocation is a big thing and always na important factor to be taken into cosideration.
Thx Alan , i will experiment with portfolio on my demo and if everything run smoothly without huge loses i will go live , zulutrade looks like a good way to earn something from forex.
You are most welcome lizafx.
Edwin, it is, but one has to be ever vigilant. Unfortunately a lot of these signal providers require a little bit of supervision. So once you have a basic portfolio built, log in once in a while and see how each signal provider is doing for the previous month or two and see if it is in line with your risk/reward ratio. A signal provider may have a bad month or two or three, but clearly if he’s having 6 losing months in a row then something is seriously wrong.
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