Wednesday, November 18, 2009

Zulutrade - New demos for EliteCapital and PraetorianGuard

Welcome back to the wild world of Zulutrade!

Where else can you turn on your computer and find that someone on the other side of the world (who you don't know and will never meet) just made you 20 bucks?

Anyway, while combing the Twitter-sphere, I came across EliteCaptial and his more agressive sister account PraetorianGuard,

This provider seems to have all the right stuff as follows:

1) Good choice of provider names with no embedded spaces or funny characters that will crash my web-crawler

2) Nice account graphic indicating some degree of effort and sophisitication

3) Professional profile description that seems to match my own objectives which are account growth with a minimal tolerance for risk.

4) EliteCapital takes about 20 pips per winner and would have hit my 180-pip stop 7 times in his 127 trade history. That's about a 95% win rate and puts him well on the positive side of the sustainability equation. Running him though my 2-lot, 180-pip stop filter, he would have earned 690 pips versus his public records 2315 pips.

5) PraetorianGuard takes about 14 pips per winner and he would have hit my 180-pip stop 2 times in his 70-trade history. That's about a 98% win rate, and stepping down to a 95% win rate, he comes out on the positive side of sustainability, but not so much as EliteCapital. He would have made 431 pips after my stop, limit filter versus 829 in his public record.

6) Both providers put in a daily effort and trade almost every day, perhaps missing a day here and there.

Keep in mind that these are relatively new providers, EliteCapital has only been around for 8 weeks and PraetorianGuard only for 3 weeks. But even in that brief time, they have earned a spot on my demo account.

You can follow this provider on Twitter at http://twitter.com/EverquestFX.

And you can follow me on Twitter at http://twitter.com/tcxmon.

Cheers and check back later for more updates.





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