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 Forex Version 19, Foreign Exchange Market Discussion

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SUShighlowyat
post Mar 5 2017, 11:13 PM

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QUOTE(greenpips @ Mar 5 2017, 10:53 PM)
To be frank, Zulutrade does not impress me at all since beginning and I found this after googling.
» Click to show Spoiler - click again to hide... «

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regarding payment yes they are sucks. only elite traders get paid every month

1) traders with losing months will not get paid
2) traders with drawdown (floating n closed position) more than -700 pips will not get paid
3) traders with drawdown 100% will not get paid
4) payment after 30-45 days. they said need to collect their commision from brokers then can pay Traders

that guy that complain in FPA fall under either one of above situation

good things is 1 & 2 & 3 will encourage Traders to always maintain low drawdown and make profits

zulutrade has big pool of followers fund i think 20-50 million USD
if you are in Top 10 with > 1m fund, 1 month commission paid then you dont have to work for a year
thats what iam aiming for nod.gif a jackpot!
cybermaster98
post Mar 5 2017, 11:14 PM

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Do any of you use Ichimoku to help you trade?
jack2
post Mar 5 2017, 11:15 PM

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QUOTE(cmk96 @ Mar 5 2017, 10:54 PM)
What you will do this week?...  brows.gif
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sit down and watch live....
jack2
post Mar 5 2017, 11:19 PM

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QUOTE(highlowyat @ Mar 5 2017, 11:13 PM)
regarding payment yes they are sucks. only elite traders get paid every month

1) traders with losing months will not get paid
2) traders with drawdown (floating n closed position) more than -700 pips will not get paid
3) traders with drawdown 100% will not get paid
4) payment after 30-45 days. they said need to collect their commision from brokers then can pay Traders

that guy that complain in FPA fall under either one of above situation

good things is 1 & 2 & 3 will encourage Traders to always maintain low drawdown and make profits

zulutrade has big pool of followers fund i think 20-50 million USD
if you are in Top 10 with > 1m fund, 1 month commission paid then you dont have to work for a year
thats what iam aiming for  nod.gif a jackpot!
*
I afraid that time they will delay you by giving you many reasons.

I prefer myfxbook whereby when you have passed the requirements, you are listed.

For Zulu, few years ago I followed the top 10 traders and none of my accounts were profitable but the traders account were showed profit.

U should know the magic

SUShighlowyat
post Mar 5 2017, 11:31 PM

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QUOTE(jack2 @ Mar 5 2017, 11:19 PM)
I afraid that time they will delay you by giving you many reasons.

I prefer myfxbook whereby when you have passed the requirements, you are listed.

For Zulu, few years ago I followed the top 10 traders and none of my accounts were profitable but the traders account were showed profit.

U should know the magic
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there is no magic.. slippage is real. its happen in all copytrading platform

hey man, there is a lot of tweaks in copytrading. u dont have to follow them 100%
copytrading is a powerful tools if u look at it beyond "copy and follow"
im from internet marketing background, ive been taught to twist everything. from whitehat to greyhat to blackhat
jack2
post Mar 5 2017, 11:34 PM

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QUOTE(highlowyat @ Mar 5 2017, 11:31 PM)
there is no magic.. slippage is real. its happen in all copytrading platform

hey man, there is a lot of tweaks in copytrading. u dont have to follow them 100%
copytrading is a powerful tools if u look at it beyond "copy and follow"
im from internet marketing background, ive been taught to twist everything. from whitehat to greyhat to blackhat
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It was long long time ago. It is not slippage issue.

SUShighlowyat
post Mar 5 2017, 11:38 PM

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QUOTE(jack2 @ Mar 5 2017, 11:34 PM)
It was long long time ago. It is not slippage issue.
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so what is the issue

one of my follower. he is under-capitalized n over-lot trading
he close his position before me. i make 118 pips, he make 72. i can see that is also a problem
jack2
post Mar 5 2017, 11:39 PM

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QUOTE(highlowyat @ Mar 5 2017, 11:38 PM)
so what is the issue

one of my follower. he is under-capitalized n over-lot trading
he close his position before me. i make 118 pips, he make 72. i can see that is also a problem
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The stats are misleading........
SUShighlowyat
post Mar 5 2017, 11:42 PM

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QUOTE(jack2 @ Mar 5 2017, 11:39 PM)
The stats are misleading........
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zulu has the most accurate and transparent copytrading platform
u need to look at it again

the ranking yes its a bit misleading but the trade is real
SUSAllnGap
post Mar 5 2017, 11:54 PM

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zulu trade works like this,
the trader is encouraged for frequent trade, lets say 3 trades per day to hit the commissions, so if u're scalping, the trader makes a lot, if the trader grabs strong swing the trader earns very little.
so it encourages frequent trade

either way, frequent trade means the TP range will be small, so the attract those scalper as the top trader.
when u copy the trade you as investor the profit will be so much lesser because there will be a clause where they the platform protect themselves from slippage or in another term delayed execution.

so it will slowly eat up your account.

This post has been edited by AllnGap: Mar 5 2017, 11:54 PM
greenpips
post Mar 5 2017, 11:56 PM

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QUOTE(highlowyat @ Mar 5 2017, 11:13 PM)
regarding payment yes they are sucks. only elite traders get paid every month

1) traders with losing months will not get paid
2) traders with drawdown (floating n closed position) more than -700 pips will not get paid
3) traders with drawdown 100% will not get paid
4) payment after 30-45 days. they said need to collect their commision from brokers then can pay Traders

that guy that complain in FPA fall under either one of above situation

good things is 1 & 2 & 3 will encourage Traders to always maintain low drawdown and make profits

zulutrade has big pool of followers fund i think 20-50 million USD
if you are in Top 10 with > 1m fund, 1 month commission paid then you dont have to work for a year
thats what iam aiming for  nod.gif a jackpot!
*
Why only elite traders get paid every months?
SUShighlowyat
post Mar 6 2017, 12:01 AM

On my way
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Joined: Aug 2011
From: Fairtex Bangplee


QUOTE(greenpips @ Mar 5 2017, 11:56 PM)
Why only elite traders get paid every months?
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i mean elite traders that traders that 1) make profits 2) drawdown less than -700 pips 3) drawdown less than 100%
greenpips
post Mar 6 2017, 12:02 AM

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QUOTE(highlowyat @ Mar 6 2017, 12:01 AM)
i mean elite traders that traders that 1) make profits 2) drawdown less than -700 pips 3) drawdown less than 100%
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If DD is 90%, get paid too? brows.gif
SUShighlowyat
post Mar 6 2017, 12:17 AM

On my way
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QUOTE(AllnGap @ Mar 5 2017, 11:54 PM)
zulu trade works like this,
the trader is encouraged for frequent trade, lets say 3 trades per day to hit the commissions, so if u're scalping, the trader makes a lot, if the trader grabs strong swing the trader earns very little.
so it encourages frequent trade

either way, frequent trade means the TP range will be small, so the attract those scalper as the top trader.
when u copy the trade you as investor the profit will be so much lesser because there will be a clause where they the platform protect themselves from slippage or in another term delayed execution.

so it will slowly eat up your account.
*
you have to back it up with a facts. look at the 3 top traders here. this is 1 month stats. doesnt seem like a scalper to me

user posted image

This post has been edited by highlowyat: Mar 6 2017, 12:28 AM
SUShighlowyat
post Mar 6 2017, 12:24 AM

On my way
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From: Fairtex Bangplee


QUOTE(greenpips @ Mar 6 2017, 12:02 AM)
If DD is 90%, get paid too?  brows.gif
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zulutrade paid monthly and they calculate profit/DD on monthly basis not all

let say if u collect total 100 pips at the end of the month 28th Feb, but somehow you have -101 floating position. u will not get paid

they dont care u make 10k pips on previous month. all they care is on that month

its like a boxing match, u get scored every round not the whole game

This post has been edited by highlowyat: Mar 6 2017, 12:25 AM
SUSAllnGap
post Mar 6 2017, 12:33 AM

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QUOTE(highlowyat @ Mar 6 2017, 12:17 AM)
you have to back it up with a facts. look at the 3 top traders here. this is 1 month stats. doesnt seem like a scalper to me

user posted image
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epic man, less than 14pips not scalping ah ??


2. Payments

Signal Providers earn 0.5 pips per lot, for each closed trade executed in a live follower account. Pip cost varies according to the currency pair traded, the type of account of the follower etc. For US Followers, ZuluTrade compensates Signal Providers by a variable monthly membership fee. Signal Providers compensation is calculated on a monthly calendar basis.

more trade = more money. because it's not on profit sharing basis.

SUShighlowyat
post Mar 6 2017, 12:44 AM

On my way
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From: Fairtex Bangplee


QUOTE(AllnGap @ Mar 6 2017, 12:33 AM)
epic man, less than 14pips not scalping ah ??
2. Payments

Signal Providers earn 0.5 pips per lot, for each closed trade executed in a live follower account. Pip cost varies according to the currency pair traded, the type of account of the follower etc. For US Followers, ZuluTrade compensates Signal Providers by a variable monthly membership fee. Signal Providers compensation is calculated on a monthly calendar basis.

more trade = more money. because it's not on profit sharing basis.
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not every trades will earn money. scalpers are the one that most likely never get paid

for Traders to earn commission they must not fall in below criteria
1) traders with losing months will not get paid
2) traders with drawdown (floating n closed position) more than -700 pips will not get paid
3) traders with drawdown 100% will not get paid

I have average 10 pips per trades with average 6 hours average trade time
I didnt know i was a scalper doh.gif
artadi
post Mar 6 2017, 12:54 AM

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Hi All, new be here. may i know what is the best payment system for you?
greenpips
post Mar 6 2017, 06:15 AM

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QUOTE(artadi @ Mar 6 2017, 12:54 AM)
Hi All, new be here. may i know what is the best payment system for you?
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PerfectMoney
starship1
post Mar 6 2017, 02:04 PM

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QUOTE(highlowyat @ Mar 4 2017, 01:38 PM)
» Click to show Spoiler - click again to hide... «

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i saw that this a quite a good trader but taking high risk.it is still very early days to judge

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