Tuesday, January 11, 2011
Zulutrade Demo Results for December 2010
Here are my latest results of 5 different demos from Zulutrade that started on December 6, 2010.
| Account | Settings | Stop Loss | MarginMeter | Pips Gained |
| DM232410 | 1 and 1 | 200 | 172% | -1772 |
| DM411519 | 1 and 1 | 300 | 225% | -693 |
| DM58382655 | 1 and 1 | 400 | 266% | -911 |
| DM727279 | 1 and 1 | 500 | 290% | -866 |
| DM964236 | 2 and 1 | 400 | 437% | -756 |
Now you are probably wondering, since all the demos are negative how could this be a good thing right? Well the results above are including the losing systems. What we are really focusing on obviously is the winning systems. In order to find the good systems you have to weed out the bad ones or the not so good ones.
So therefore, from the above demos, the following systems are the ones that produced the most pips. Please note that these results were obtained by using the 400 pip stop.
4X=Millions = 119 pips
Beso = 30 pips
chartmaster63 - 170 pips
Currency Changers = 66 pips
Earn Big Bills = 24 pips
fixtrade1 = 16 pips
Fly on the Wall = 71 pips
frankfx = 57 pips
FX Combo =96 pips
GBP FUND = 35 pips
Grey Wolf = 16 pips
STARFOREX = 16 pips
vuvuzelaFx = 218 pips
Zulutop5 = 221 pips
By the way, the positive results for Zulutop5 were obtained by using a wider stop of 500 pips.
To find out which systems did the worst, click here to download my detailed analysis of this demo test and all of past demo tests in an Excel spreadsheet.
I believe knowing which systems did the worst is also important so you don't waste your time or capital trying them out.
Please share what systems are working well for you and also the systems to stay away from. I would love to hear your input and feedback. Let's collaborate!
If you haven't yet signed up for a free demo or for a live trading account, please visit: Zulutrade Signup.
Thank you.
Warm wishes,
Mike Torres, Realtor and Trader
http://WealthSecrets.com
Miami, FL
(305) 389-0170 cell
http://ForexHosting.com
http://GetPaidToTrade.com
http://MiamiForexClub.com
http://WealthSecrets.com
http://ZulutradeResults.com
http://ZulutradeSignup.com
Sunday, October 17, 2010
Zulutrade Results for September 2010
Here are my latest results of 5 different demos from Zulutrade. As you may have realized from reading my past results is that I am opening 5 demos every 30 days and carrying over only the providers that consistently produce month after month. I call this a rinse and repeat process.
This is a very tedious process however it's well worth it so you know which providers to choose from when you are ready to go live. Why do I do this? Why not! Why else wouldn't you want to do your homework and invest a little time first before you go live and potentially lose all of your hard earned capital.
I think Warren Buffet and George Soros put it best when they said the following:
“Survive first, and make money afterwards.” – George Soros
“Investing Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.” – Warren Buffett
Well onto my results:
Click here to download my detailed analysis of this demo test and past demo tests in an Excel spreadsheet.
| Account | Settings | Stop Loss | MarginMeter | Pips Gained | DM127429 | 1 and 1 | 200 | 102% | 379 |
| DM305107 | 1 and 1 | 300 | 132% | 1,045 |
| DM322060 | 1 and 1 | 400 | 157% | 665 |
| DM582682 | 2 and 1 | 300 | 230% | 625 |
| DM601221 | 2 and 1 | 400 | 266% | 493 |
What do you think of the above results?
I would love to hear your input and feedback. Let's collaborate!
Please share which providers are producing well for you as well.
Thank you.
Warm wishes,
Mike Torres, Realtor
http://WealthSecrets.com
Miami, FL
(305) 389-0170 cell
http://ForexHosting.com
http://GetPaidToTrade.com
http://MiamiForexClub.com
http://WealthSecrets.com
http://ZulutradeResults.com
http://ZulutradeSignup.com
Sunday, June 20, 2010
Zulutrade Results of a 6 Demo Test of 18 Systems From May 24, 2010 to June 20, 2010 With Settings
Here is my latest demo test of 5 different demos from Zulutrade. After many months of demo testing, I have been able to narrow down by trial and error the best producing systems. However one thing I have noticed is that certain system pro will need custom stop losses set by you. You will have losses with certain system providers if you use the same stop loss for all system providers.
Click here to download my detailed analysis of this demo test and past demo tests in an Excel spreadsheet.
| Account | Settings | Stop Loss | MarginMeter | Pips Gained | DM006179 | 1 and 1 | 200 | 97% | -285 |
| DM041759 | 1 and 1 | 300 | 120% | 168 |
| DM042128 | 1 and 1 | 400 | 141% | 690 |
| DM234379 | 1 and 1 | 500 | 159% | 1,300 |
| DM473370 | 2 and 1 | 300 | 225% | 676 |
What do you think of the above results?
I would love to hear your input and feedback. Let's collaborate!
Warm wishes,
Mike Torres, Realtor
http://WealthSecrets.com
Miami, FL
(305) 389-0170 cell
http://ForexHosting.com
http://GetPaidToTrade.com
http://MiamiForexClub.com
http://WealthSecrets.com
http://ZulutradeResults.com
http://ZulutradeSignup.com
Monday, February 22, 2010
Custom Zulutrade Analysis of Providers
I am currently working on an analysis of 35 system providers and putting everything on a spread sheet.
It's not done however click here to see what I have done so far.
What I am doing is running 5 demos of the same 35 system providers but with different settings. The 6th demo is with LowestDD by itself to see how just that one system produces. By the way, all these demos are trading 1 standard lot except for DM9979000 which is 2 standard lots. I want to find out if this account will do great if I trade 2 standard lots on only 23 of the best 35 systems.
Here is a taste of what you will see in the spread sheet that I am creating. There is a lot more detailed info on the spread sheet but this should give you a little idea of what I am working on. If you would like a copy of this spread sheet, please email me at Mike@WealthSecrets.com
By the way, the following demos were all opened around the January 24, 2010.
| Open Lowest | January | ||||
| Account | Settings | MarginMeter | Drawdown | Pips | |
| DM042422 | 1 and 1 | 1108% | ($27,000) | 1240 | DM045618 | 2 and 1 | 2934% | ($30,000) | 1534 |
| DM192207 | 2 and 2 | 9524% | margined | -1517 | |
| DM462325 | 3 and 1 | 9355% | margined | -1741 | |
| DM997900 | 1 and 1 | 2119% | margined | -1,334 | |
| DM942360 | No Limit | 197% | (1,271) | 117 |
The explanation of 1 and 1 etc. is as follows:
| Account | Systems | Settings | |||
| DM042422 | 35 | 1 Total Max and 1 Max per Currency | 1 mini | ||
| DM045618 | 35 | 2 Total Max and 1 Max per Currency | 1 mini | ||
| DM192207 | 35 | 2 Total Max and 2 Max per Currency | 1 mini | ||
| DM462325 | 35 | 3 Total Max and 1 Max per Currency | 1 mini | ||
| DM9979000 | 35 | 1 Total Max and 1 Max per Currency | 2 mini | ||
| DM942360 | LowestDD | No max limit and No limit on currency | 1 mini | ||
As you can see from the table above. Three $50,000 accounts have already margined out. And the first two have some huge DD.
What I am trying to do is stretch the boundaries or limits of what can be done with a $50,000 balance. And as you can see, that obviously having too many systems and too many max allowable positions ie. too much leverage will bust the account. What I am doing is working from the end and work backwards.
Since I have small accounts now, I want to know how the systems and I will behave when my balance is $50,000. Since I know from personal experience that creative visualization is very important in creating what you want, I might as well act as if I have it already.
Plus one of the secrets to making money is obviously to make more than you lose but moreover it's about preserving your capital or keeping more of what you made already.
With regards to the systems, I want to know which systems produce the most with the least amount of DD. All systems even the best ones have drawdown. The trick is to only use the ones that produce the most pips with the least amount of DD. Pretty simple but not that easy! ;)
We have to put in the time and research in the beginning to make it pay off for us later. And it's still going to take more time, patience, persistence and discipline to make it really big in forex. And I am willing to take on the challenge. As the saying goes, "I'd rather get rich slowly then go broke fast!" And since we are working with small balances .....it's even more critical that we work smarter!
What do you think of the above philosophy and all that I have shared with you thus far?
I would love to hear your input and feedback. Let's collaborate!
Warm wishes,
Mike Torres, Realtor
Miami, FL
(305) 389-0170 cell
http://ForexHosting.com
http://GetPaidToTrade.com
http://MiamiForexClub.com
http://WealthSecrets.com
http://ZulutradeResults.com
http://ZulutradeSignup.com
Thursday, January 21, 2010
Happy New Year 2010!
Dear Readers,
It's been awhile since I posted on my blogs.
I had a hard drive crash and had to get a new hard drive. Luckily I had everything backed up on 1 TB WD External Hardrive. That's why it is so important to back up all of your information, photos, videos, etc. onto an external hard drive and or use Carbonite. You never know when your hard drive is going to fail.
Anways on to Zulutrade! It has been an interesting journey to say the least.
I started with $5,000 in July 2009 and made all the way up to $6,500 in less than two months. I then lost $3,000 over the next few months leading up to Jan 1, 2010 when I broke even with my $5,000 initial investment. The lessons I have learned up until today are priceless!
Would you like to know a few things I did to prevent from losing valuable capital as much as possible and eventually building my account back up? The answer is to not invest any capital at all! Just kidding...that would do it though! ;)
The truth is I reduced the total max positions on all of my systems and reduced the total max positions on each currency that each system trades down to 1 and increased the stop loss to around 400 plus or minus on each system. Now you are probably asking yourself, "hold on a minute there, aren't you 1) restricting the system from doing it's job, 2) not letting their strategy play out and 3) not allowing the system to accumulate the pips faster by having more positions open etc?"
And the answer to your question is a resounding yes!!!
Let's look at the numbers and let them speak for themselves.
My live account equity balance as of today January 21, 2010 is $3,775.23 with $566.44 in open positions.
So far this month I have made 166 pips or $199.75 and the month is not over. That would equate to 5.3% so far for the month with the open positions. That's not the best return but it's not bad either. Wouldn't you say? I believe my balance would have been higher had it not been for two losses this week with the sudden drop of the EURUSD or US Dollar strength. I had a Buy position with Hidalgo that hit it my hard stop 400 and I had EURUSD Buy position with Surfing that hit my hard stop of 375 pips. Since the EURUSD turned around and headed up from the 1.4030 price, I have increased the stop loss of Hidalgo to 475 and Surfing to 400.
A tip or trick if you want to see how low a system providers trades have gone down is to click on the Performance tab and then click on a system provider and then click on History tab and then click on Low. In my opinion if you see the first page with trades that have gone down more than 500 pips, stay away! It may be tempting to trade using their system because maybe their equity curve looks great but you and I both know you can't judge a book by it's cover. These are the same systems taht have more than 2,000 pips in open positions dating way back to the year of the flood. Why bother with them anyways when there are so many other decent system providers out there.
Now up to now you may not agree with my philosophies and that's ok. On the contrary, I would love to hear your philosophies and your trading experience using Zulutrade. This is how we will be more profitable at trading using Zulutrade and with a lot more fun and a lot less stress and worry.
Here are the systems I am trading and my settings:
1) fx168fx - 1 Mini Lot - 1 Max Total Open Trades - 1 Max Open Trades/Currency - 475 Stop Loss
2) Hidalgo FX Capital - 1 Mini Lot - 1 Max Total Open Trades - 1 Max Open Trades/Currency - 475 Stop Loss
3) LowestDD - 1 Mini Lot - 1 Max Total Open Trades - 1 Max Open Trades/Currency - 430 Stop Loss
4) Patterns Searcher - 1 Mini Lot - 1 Max Total Open Trades - 1 Max Open Trades/Currency - 375 Stop Loss
5) SURFING - 1 Mini Lot - 1 Max Total Open Trades - 1 Max Open Trades/Currency - 300 Stop Loss
6) Tech trading - 1 Mini Lot - 1 Max Total Open Trades - 1 Max Open Trades/Currency - 410 Stop Loss
7) The Hunter - 1 Mini Lot - 1 Max Total Open Trades - 1 Max Open Trades/Currency - 250 Stop Loss
8) Tranquilidad carlos - 1 Mini Lot - 1 Max Total Open Trades - 1 Max Open Trades/Currency - 400 Stop Loss
When you restrict a system to open only 1 total max trade per system, you will get the following message in your Zulutrade back office:
An error occurred at 2010/01/20 21:25:11 UTC with a trade on your account...
Did not open 1.0 more mini lot(s) for provider Tech trading SELL GBP/USD. Total max trades for provider setting was 1, open trades & orders for provider were 1.
Just thought you may want to see how that works.
Anyways that's it for now. Happy trading with Zulutrade! When you are ready to open a live account and get started, just click http://ZulutradeLive.com
Contact me between 9-6 pm EST at (305) 389-0170 cell if you need any help setting this up or if you want to just simply introduce yourself. I would love to hear from you and share ideas to help us both become more profitable.
To your success and happiness,
Mike Torres
Miami, FL
http://ForexHosting.com
http://GetPaidToTrade.com
http://MiamiForexClub.com
http://WealthSecrets.com
It's been awhile since I posted on my blogs.
I had a hard drive crash and had to get a new hard drive. Luckily I had everything backed up on 1 TB WD External Hardrive. That's why it is so important to back up all of your information, photos, videos, etc. onto an external hard drive and or use Carbonite. You never know when your hard drive is going to fail.
Anways on to Zulutrade! It has been an interesting journey to say the least.
I started with $5,000 in July 2009 and made all the way up to $6,500 in less than two months. I then lost $3,000 over the next few months leading up to Jan 1, 2010 when I broke even with my $5,000 initial investment. The lessons I have learned up until today are priceless!
Would you like to know a few things I did to prevent from losing valuable capital as much as possible and eventually building my account back up? The answer is to not invest any capital at all! Just kidding...that would do it though! ;)
The truth is I reduced the total max positions on all of my systems and reduced the total max positions on each currency that each system trades down to 1 and increased the stop loss to around 400 plus or minus on each system. Now you are probably asking yourself, "hold on a minute there, aren't you 1) restricting the system from doing it's job, 2) not letting their strategy play out and 3) not allowing the system to accumulate the pips faster by having more positions open etc?"
And the answer to your question is a resounding yes!!!
Let's look at the numbers and let them speak for themselves.
My live account equity balance as of today January 21, 2010 is $3,775.23 with $566.44 in open positions.
So far this month I have made 166 pips or $199.75 and the month is not over. That would equate to 5.3% so far for the month with the open positions. That's not the best return but it's not bad either. Wouldn't you say? I believe my balance would have been higher had it not been for two losses this week with the sudden drop of the EURUSD or US Dollar strength. I had a Buy position with Hidalgo that hit it my hard stop 400 and I had EURUSD Buy position with Surfing that hit my hard stop of 375 pips. Since the EURUSD turned around and headed up from the 1.4030 price, I have increased the stop loss of Hidalgo to 475 and Surfing to 400.
A tip or trick if you want to see how low a system providers trades have gone down is to click on the Performance tab and then click on a system provider and then click on History tab and then click on Low. In my opinion if you see the first page with trades that have gone down more than 500 pips, stay away! It may be tempting to trade using their system because maybe their equity curve looks great but you and I both know you can't judge a book by it's cover. These are the same systems taht have more than 2,000 pips in open positions dating way back to the year of the flood. Why bother with them anyways when there are so many other decent system providers out there.
Now up to now you may not agree with my philosophies and that's ok. On the contrary, I would love to hear your philosophies and your trading experience using Zulutrade. This is how we will be more profitable at trading using Zulutrade and with a lot more fun and a lot less stress and worry.
Here are the systems I am trading and my settings:
1) fx168fx - 1 Mini Lot - 1 Max Total Open Trades - 1 Max Open Trades/Currency - 475 Stop Loss
2) Hidalgo FX Capital - 1 Mini Lot - 1 Max Total Open Trades - 1 Max Open Trades/Currency - 475 Stop Loss
3) LowestDD - 1 Mini Lot - 1 Max Total Open Trades - 1 Max Open Trades/Currency - 430 Stop Loss
4) Patterns Searcher - 1 Mini Lot - 1 Max Total Open Trades - 1 Max Open Trades/Currency - 375 Stop Loss
5) SURFING - 1 Mini Lot - 1 Max Total Open Trades - 1 Max Open Trades/Currency - 300 Stop Loss
6) Tech trading - 1 Mini Lot - 1 Max Total Open Trades - 1 Max Open Trades/Currency - 410 Stop Loss
7) The Hunter - 1 Mini Lot - 1 Max Total Open Trades - 1 Max Open Trades/Currency - 250 Stop Loss
8) Tranquilidad carlos - 1 Mini Lot - 1 Max Total Open Trades - 1 Max Open Trades/Currency - 400 Stop Loss
When you restrict a system to open only 1 total max trade per system, you will get the following message in your Zulutrade back office:
An error occurred at 2010/01/20 21:25:11 UTC with a trade on your account...
Did not open 1.0 more mini lot(s) for provider Tech trading SELL GBP/USD. Total max trades for provider setting was 1, open trades & orders for provider were 1.
Just thought you may want to see how that works.
Anyways that's it for now. Happy trading with Zulutrade! When you are ready to open a live account and get started, just click http://ZulutradeLive.com
Contact me between 9-6 pm EST at (305) 389-0170 cell if you need any help setting this up or if you want to just simply introduce yourself. I would love to hear from you and share ideas to help us both become more profitable.
To your success and happiness,
Mike Torres
Miami, FL
http://ForexHosting.com
http://GetPaidToTrade.com
http://MiamiForexClub.com
http://WealthSecrets.com
Thursday, November 19, 2009
Mid November Update and My New Settings
Dear Fellow Forex Traders,
I just lost a big chunk of money with LowestDD. I had it set to 3 total open max trades and 1 max trade per currency with a 275 pip stop. And they all got hit!
What I learned by viewing his past performance and open trade history was that many of his trades go down before coming back up for a profit.
Some of his GBPUSD trades have gone down to -400 pip range with -423 being the lowest during the month of Novermber so I have decided to restrict the amount of trades to 1 total max trade but with a 430 pip stop loss. However I must add that when he was trading the EURJPY pair, he had some trades go down to -641 pips.
These are large stops however his system does produce. You may need a larger balance to trade this system in order to survive the larger drawdowns.
In conclusion, I don’t want to give up on LowestDD however his system does seem to be geared toward accounts with bigger balances to allow for the higher quantity of trades he opens and the larger drawdown.
However if LowestDD doesn't produce with my new settings, I will have to remove them.
Here are two screen shots of my recent trades using Pattern Search, Surfing and Tech Trading. Tech Trading is a little like LowestDD so it needs a 375 pip stop. There was only 1 trade on 10/21 that went to a low of 445 before closing at a profit of 26 pips.
http://WealthSecrets.com/images/ZulutradeNov19Trades.jpg
http://WealthSecrets.com/images/mySettingsNov19.jpg
Hope this helps you all.
Feel free to call or email me if you have any questions or comments.
Mike in Miami
http://WealthSecrets.com
http://ForexHosting.com
http://GetPaidToTrade.com
http://ZulutradeResults.com
(305) 389-0170 cell
I just lost a big chunk of money with LowestDD. I had it set to 3 total open max trades and 1 max trade per currency with a 275 pip stop. And they all got hit!
What I learned by viewing his past performance and open trade history was that many of his trades go down before coming back up for a profit.
Some of his GBPUSD trades have gone down to -400 pip range with -423 being the lowest during the month of Novermber so I have decided to restrict the amount of trades to 1 total max trade but with a 430 pip stop loss. However I must add that when he was trading the EURJPY pair, he had some trades go down to -641 pips.
These are large stops however his system does produce. You may need a larger balance to trade this system in order to survive the larger drawdowns.
In conclusion, I don’t want to give up on LowestDD however his system does seem to be geared toward accounts with bigger balances to allow for the higher quantity of trades he opens and the larger drawdown.
However if LowestDD doesn't produce with my new settings, I will have to remove them.
Here are two screen shots of my recent trades using Pattern Search, Surfing and Tech Trading. Tech Trading is a little like LowestDD so it needs a 375 pip stop. There was only 1 trade on 10/21 that went to a low of 445 before closing at a profit of 26 pips.
http://WealthSecrets.com/images/ZulutradeNov19Trades.jpg
http://WealthSecrets.com/images/mySettingsNov19.jpg
Hope this helps you all.
Feel free to call or email me if you have any questions or comments.
Mike in Miami
http://WealthSecrets.com
http://ForexHosting.com
http://GetPaidToTrade.com
http://ZulutradeResults.com
(305) 389-0170 cell
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