Zulutrade - Expiring demos wrap-up

Welcome back Zulu-fans.

Thanks to everyone who commented on yesterday's post - Lot limit and stop loss results. I have some follow-ups from that post, and I'll get to those later or tomorrow. But I have demo accounts that are closing tomorrow, and I need to put the wraps on those before they disappear.

First up is Isunia who zigged-zagged between profit and loss as shown the the graph above. He hit my -180 pip stop twice during the demo period. Not a terrible record, but not extraordinary either, so we won't be following this provider going forward.

Next up is Student who turned in a solid (but not extraordinary) 128-pips in the 30-day demo period. What's impressive is that he lost only 4 times out of 22 trades total, and his maximum loss was -15 pips! I'll be watching this provider going forward although I'm concerned his low level of profitability could be blown out by a news-related price gap.

Next up was Sophistication who lost 630 pips during the demo period. He hit my 180-pip stop 10 times during the demo period and shows clearly too much drawdown for my 10K lot account. He might work for a smaller lot size, where I could tolerate more drawdown, but clearly not working for my account parameters.

Next up was JLOFX who sprung into action on 11/24 after almost 25 days of no trading activity. Its like he suddenly realized he was about to be eliminated due to inactivity and he sprung into action pulling in 59 pips over 9 trades in a 2-day period without a single loss. This is impressive, but I prefer providers who put in a daily effort perhaps missing a day here and there so we will look elsewhere.

Next up is Wqq899 who lost -538 pips over the demo period. This provider got off to a bad start, being stopped out on his first 3 trades, and never recovered from that drawdown.

Last up is Trendcatcher who shows a loss of -440 pips over the demo period. I found out from a comment by Alan that his loss of -157 pips in my demo account was actually closed by the provider for a small profit. Even so, I've been following this provider for a while and while he has good loss control, and trades like he's using real money, he's not consistently profitable enough for consideration for my live account.

So the only demo provider to survive this evaluation was Student.

That's all for now, enjoy your Holiday and don't eat too much Turkey!