Sunday, November 22, 2009

Zulutrade - New Pairs, Performance Graphs

Welcome back Zulutraders. Two items for your attention.

First, check out the new, weekly performance graphs provided by Zulutrade for each of your demo and live accounts. I received the graphic via e-mail earlier today (Sunday) with a single e-mail containing the performances graphs for each of the accounts covered under that e-mail account. The graph covers the prior 15-days performance.

Above, please find the performance graph for provider Trendcatcher for this past week. Thanks to Alan for commenting and pointing out that an open GBP/JPY trade opened by Trendcatcher was closed by Trendcatcher for a 25-pip profit. In my demo account, that same trade was allowed to run to a large loss. Alan rightly pointed out that until these issues are resolved, we can't commit any serious funds to Zulutrade.

Second item is that Zulu added 2 new pairs (at least for FXCM users), EUR/CZK and USD/CZK. If you have stop values set for your providers, they have been converted to "per currency" stop values. You need to go to the settings tab under your account, and add stop values for these 2 new pairs for each provider. If you don't do this, then any new trades which hit your account from these pairs will have no lot or stop limits which could have bad consequences for your account. So take a look and make sure you are covered.

Cheers have a have a great week,

Tcxmon

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