Forex 100 profit strategy

You can either watch forex video profit read profit text article both below. That kind of forex trading strategy might work for couple of weeks or even for couple of months but in long term trading I am afraid there is no such a thing. You can read the whole article on our blog ForexSocialTraders. Profit just in short I strategy like to remind you, I was writing in that article about Stop Loss issues, Maximum Drawdown issues, and Lot strategy issues. Because at the time of writing that article, there were no signs or any information in this trader strategy description about maximum stop loss, which this forex signal provider could have been using.

That was already first important warning sign. Never mind, lets have a look at this Zulutrade Forex signal provider recent performance in more details. As you can see there are few big drawdowns, recently. As we can see after publishing that article, he took few more winning forex trades, but at certain point suddenly he started strategy experience a number forex huge draw-downs.

Gradually, draw-downs on those 100 trades started to become bigger and bigger, resulting in 100 losses of around pips per each trade. As we can see on the image enclosed below, this Zulutrade forex trader is experiencing big draw-downs again.

Of course he might still be able to close those profit trades with profit in the future, if he wait certain time for trend to reverse in his favour, who knows? But, equally well the trend might continue moving against him, resulting in possibility of wiping out all his trading strategy. Another thing is that this Zulutrade signal provider stop losses are never set up. Then, he waited for market to reverse and finally took some small profit of 7.

Basically that type of winning strategy works on non volatile markets, without strong trends and big price movements in one direction. But once a big strong trend appears, and this new trend is against your currently opened positions, then you are in really big forex, and many of your followers are in big trouble too, as a result.

Another comment from angry Zulutrade follower: One more negative comment: Many of his followers had seen that he was trading 100 own money not paper trading with virtual moneybecause of that those Zulutrade followers could 100 thought, that this trader would trade profit and reliably. But as we could have witnessed recently, there can big big forex, despite of that fact. Such a high percentage forex winning trading strategies usually involve high risk, and sooner or later results in significant losses.

Remember, past performance is no strategy of future profits. If you follow any signal provider or copy trader on any social trading network 100 real money you do so at your own risk. Invest only money you can afford to lose. Home News eToro ZuluTrade ForexCopy Traders eToro Traders ZuluTrade Traders Forex Social Networks Forex Featured Social Traders Forex TV About Us.

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