Zulutrade after 2 months – results

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Zulutrade Real Trading Review

Bottom line as per today, 2 months after I started tracking (first 15 days was learning) I am up 8% of my capital. So that calculates to 4% per month = 48% annually. I would be ecstatic if this were to happen. My goal is simply to at least beat the best a money manager can do – say 8% pa. Anything over 12% would work well. So even if I manage 18% or half of the current results 24% that is substantial.

I have watched over the platform like a hawk. I have a guy working with me at Zulutrade (because my account is above a certain level) and he has been very helpful and points me in the right direction.

Oh yes.. I have had draw downs. Only two weeks ago the whole account was down 4%. Because of open  trades that had high stops. But then they recovered and profit came quickly.

Here’s the BIG trick: Manage the combination of traders.

If a trader is on record as having a steady profit BUT high draw-downs – then you expect the drawdowns. This is what I had. It is a personal preference, now I have reviewed and have put together a set of traders that has smaller, more frequent trades but less drawdowns. Better for stress levels.

BUT – on a daily basis, Zulutrade accounts will have almost always a negative open trade balance. This is, in my observation just the way it is. Yes, some trades will get stopped out, but most will make it to profits. I should mention that over the past 7 days I had 42 trades and only one was a loss. But it was a sizable one, still the 7 days ended up very profitable.

All in all I am very happy with Zulutrade. My plan is to run it the best I can for 6 months – 4 months left. Then I take that result and call it a benchmark. If it is anywhere north of 18% I will increase my capital.

Note.. any profit right now stays in the account allowing me to step up the lots slowly thus increasing the profit ration.


Stay tuned!



Zulutrade Traps and Warnings

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I have been trading live on ZuluTrade for 30 days now. The biggest scary thing is the open trades and their draw-downs. However, analyzing this it appears this is expected. I follow 5 traders. All have trades both in negative and positive positions. If the open trades negative positions is less than the closed trades – you will show a negative balance. The big challenge here is to be patient. And expect a constant draw-down.

Here’s the thing: when you start the trading, you will, within the first day or hours have dozens of open trades. They will most likely be in the red. And stay there a while for the trades to mature into profits. This shows as negative profit picture. But then.. trades will start to close, and you will see profits on a daily basis. So far so good. Then there will be new trades and the cycle starts.

So knowing this, you want to make sure your account can handle the expected draw-down for the traders you follow. This will need some research on the platform. But you should at the bare minimum expect at least a 115-20 draw-down initially. Then the profitable trades will start to outperform the losers and your account balance will grow. My balance has grown by a few percent, but the P&L shows negative.

This process will be on-going but if you have picked the right traders – and the right lot sizes the account will grow past the draw-down and you will be in a NET profit stage.