Zulutrade - Profit to Drawdown provider analysis

Welcome back to the Zulu Jungle.

Here's an analysis of the providers I identified in the 'Profit to Drawdown' scrub posted 2 days back. One common theme is that most of them appear to be runing some type of Expert Advisor system implemented in MetaTrader 4.

NewForexAge has 10% of his total profits in open losses and has positions open for more than 79 days, doesn't appear to be able to take a loss.

Isunia -Test system using 1 and 4 hr systems, has open positions over 90 days. This provider is #6 in terms of total users on ZT. Despite over 90-days open position, i'll give this provider a try.

cp-novafx - this guy has a bunch of open accounts, all with Nova in the name. Thinks of Forex as an investment, not a speculation. Recommends Micro lots with $4300USD deposit. Looks interesting, but i'll take a pass for now.

Romeda This guys smells like a provider I used a lot earlier this year called HomerPoet. He later morphed into mmtwta, and the EURGBP-Scapler. I'm concerned this could be just HomerPoet with a new e-mail address. Also, he's got -2000 pips in open losses for +9000 pips in open profits, so i'm not convinced he's got any sell discipline.


Student True to my analysis, this guy seems to take pretty good size profits for very little drawdown. When does drawdown, he does so big, but that can be addressed with a stop loss. I would say he's demo-worthy although he's got only one user following him (presumably himself) with no live users. Giving him a try on a demo basis.

Sophistication - This guys appears to have some following and also trades British Pound which was featured in a recent Zulutrade Newsletter. According to the description, this is a sentiment-based indicator based on SWFX sentiment indicator. This guy is definitely demo-worthy along with British Pound.

Fairtrade It takes a careful eye to notice that even though this guy shows a profit of ~ +9000 pips, he's actually lost money as a provider! How is that possible? Interest roll perhaps? Yet another pitfall in the Zulu jungle.

ok798 Too much drawdown for me. I think the only way he made the screen is that he's opening 10's of lots per trade. Sure, he's make 176,000 pips, but on -195,000 pips of drawdown. He's having good fun playing with funny money. I'm not amused. Next.

OranjFx This provider could be a contender for a Micro account. This user appears to be unique, but I don't know I can get a realistic test with a 50,000 full-size demo account. A 10,000 micro account perhaps..... Next.

JLOFX French provider trades stricly EUR/USD. Appears to have reasonable drawdowns and a solid system. Definitely demo-worthy.

wqq899 GBP/USD - Looks demo worthy.

zulu888 Has positions open +56 days. next.

YasuM Has actually lost money even though he's made positive pips. Must be the Interest roll again.

New demos:

Isunia, Student, Sophistication, JLOFX, wqq899