Having evaluated summarily and from the outside some of the characteristics of our Zulu Trade signal provider, you can now click on it and enter inside his profile so to study him in depth.
Inside the page of the signal provider, Zulu Trade highlights all the details which will be useful to understand the type of operativity of the trader and then draw your own conclusions.
The page made available by Zulu Trade is composed of several fields that contain different information, some of which I have already mentioned in the introductory section and others completely new and very detailed.
In this post we will analyze the column you find on the left on Zulu Trade. Inside this column there 2 or 3 tab which contain very useful and interesting information.
Here are some of the data I have explained in the introductory table. Let’s analyze it in detail:
- Profit: amount of gained pips, taking into consideration the whole period of operativity with Zulu Trade. If the value is positive it will be green, if on the contrary it’s negative, it will be red.
It shows the same value of the column “Pip”.
-Open position: it shows the value in pips that the Zulu Trader provider is gaining or losing from one or more open positions in the market, in the moment we are looking at it.
- Trades: it’s the figure of the number of trades the signal provider has made since he commenced to operate on Zulu Trade. It’s the same value we find in the column “trades”, of which we have already thoroughly discussed.
- Winning Trades: the value we find here is the same we have explained for the column “Win %”, plus here, in addition to the percentage, the value is also expressed numerically, and it’s the number of trades closed with profit since the signal provider began to operate on Zulu Trade.
- Average Pips/Trade: the value that is reported here is the same we found in the “average pips” column, so I can say there’s nothing to add.
- Average Trade Time: also in this case is reported a value we already discussed for the “Avg trade time” column
- Maximum Drawdown: it’s the section that shows the signal provider’s drawdown in the Zulu Trade style, that we have already seen in the column “Max DD”.
But in addition in this section, the value is expressed not only by a percentage of lost capital on the account, but also in pips.
So if the value only expressed as a percentage, in the column “Max DD”, was misleading, in this section, the addition made by Zulu Trade is really valuable, because it gives you a clear indication of what was the maximum loss in pips for open positions.
The value showed in pips can be easily evaluated on your Zulu Trade account, to see if the provider can play well.
- Max Open Trades: it shows the same value of the “Max Trades” column.
- Worst Trade: here there’s a value that can be very useful, both in the evaluation phase of the signal provider, and in the setting of operating parameters phase, once you decide to incorporate a specific signal provider in your account.
In this section Zulu Trade highlights which has been the largest loss in pips within all the signal provider’s trades. Its’ true that past values are not a guarantee for the future, but for sure they are a good indication.
- Best Trade: the concept is the same as the largest loss in pips, but exactly inverted, that is the largest profit made with a single transaction since the signal provider works with Zulu Trade.
- Followers: we have already deepened this section when talking of the “Followers” column, and we don’t see any differences here.
- Has Live Followers: as it’s easy to imagine, here they tell us if the signal provider we are analyzing has followers who follow him on Zulu Trade with a real account or not. It’s a value that could be interesting to understand if some followers trust this signal provider.
- Ranking: it reports the position of the signal provider in the Zulu Trade ranking, which updated weekly. As already mentioned when speaking of the relative column, the ranking position is a value that sometimes can be misleading.
- Running Weeks: is the same value described in the Zulu Trade column “Weeks”.
- Necessary Minimum Equity: it’s a value established by Zulu Trade, on the basis of a series of calculations set up for taking into account all the parameters that are available.
Actually, I’ve never trust so much in this value. However, it should indicate how minimum the trading account should be, expressed in dollars, to be able to follow this signal provider without problems.
Let’s say we can see this value this way, the bigger the amount, the riskier the signal provider will be.
- Viewed: like for the Youtube video, this value shows how many times this page has been seen.
- Updated on: it provides the time on which Zulu Trade has made the last update with the value we can see at the time of consultation.
In this section, usually the trader explains, in broad terms, its strategy, and also gives any advice on how to make the setting of various parameters on Zulu trade, in order to optimize the operations provided by its signals.
This Zulu Trade section is not very popular, but some signal providers have integrated it, the aim is always to give more information to the follower, also with the intent to provide the best experience possible with Zulu Trade.
In this case the tool is a video. Here you’ll find one or more videos that will show you the strategy of the signal provider or will show some piece of live operativity in the attempt to make you familiarize with trading system of the Zulu Trade provider.
Continue to the next article…
Filippo