Welcome back to the strange world of Zulutrade.Happy one-year anniversay to Zulu provider FXTOIS who closed his first trade on the system back on 11/14/2008.
Taking a look at profile page for FXTOIS, we can see he has a profitability rate of 86% with an average winner of 22 pips. His maximum drawdown is pretty high and is at 90% of his total profit. This puts him dangerously close to 'Risky Provider' status. Also, his average trade length is 45 hours which is on the long side.
Out of 253 trades, this provider has over 40 trades with drawdowns greater than 200 pips. He also had a dozen trades with drawdowns over 400 pips. So it appears that this provider weathers alot of drawdown compared to Cheetah for example. Cheetah has had over 430 trades without a single trade with drawdown more than 125 pips.
Keep in mind that we can't always trust the Zulutrade's history. In fact, we had a strange issue with Cheetah's trades earlier this week pointed out by fellow blogger Townjet. Take a look at Zulutrade Cheetah's strange trades for the details.
Back to FXTOIS, I would classify him as a "high drawdown" provider and look elsewhere for new demo providers.
Congratulations to FXTOIS for one year on the Zulutrade system.
Tcxmon
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