Zulutrade - TheKillerz comeback

Welcome back Zulu traders.

I've been watching a provider called TheKillerz for the past month or so, after meeting him on Twitter under the name Gascan69. That account was closed due to some platform issues and he started fresh under TheKillerz back on 9/30/2009.

My demo account started on 10/12/2009. I limited him to 2 lots with a 300-pip stop as per his suggestion.

Since the demo is about to close out, here's an update. At one point, he was down almost 450-pips. But he's come back into the positive, netting +191 pips total over the demo period. He closed strong last week with 15 straight winners. What's even more impressive is that the above results are a 2-lot limit, so he produced a screen looking like that without "painting the tape" by making the same trade 15 times.

In terms of sustainability, his average profit for each winner was 45 pips. Out of 33 total trades, he won on 26 (78%) of those trades. His average loser was -124 pips. Based on my stop loss of -300 pips, he would have to win 86% of the time (with an average win of 45 pips) to cover the stop loss. Working in his favor is the fact that he often closes loosing trades well before the 300-pip stop is hit.

Based on my account size and tolerace for drawdown, i'm not ready to add TheKillerz to my live account, but he's definitely worth continuing to watch via a demo account. I think based on my account size, 2 micro lots per trade would be a better fit than 1 mini-lot.

Also, I owe Mr Rabea a review on The Killer's "Hot Fuss" album. I gave it a spin today and here goes.

"Mr Brightside" is definitely the bright spot of this album. It starts out with some intricate guitar work then builds on top of that basic riff with an incredible amount of power and energy that's pretty rare for a studio record. I can imagine what these guys are like in concert.

Track 7 - "On Top" shows the dance-inspired electronic influence that we saw rise to prominence with the Killer's big hit this year "Human". Some spacey guitar shows some U2 influence as well, and this is my second favorite. Track 9 - "Believe me Natalie" has some influence of The Cure. Track 10 - "Midnight Show" sounds Billy Idol inspired.

Track 11 - "Everything will be Alright" is definitely a wind-down type song and is the closest this band gets to a slow song.

Besides great song-writing, vocals of lead singer Brandon Flowers gives this band a unique signature. Also, his phrenetic, almost psychotic delivery leads you to beleive he's about to come off the rails at any moment. It definitely appeals to the younger, more wired demographic.

Thats all for now, good trading all.