Good day forex traders.
Welcome to another update of the ZuluTrade forex signal service live test. This is different from most reviews out there as we are using actual live money to test. Ouch! ;P
We closed last week at 492 pips. Forex Cruise Control was facing a challenging time. Due to the trending markets arising of the risk aversion withdrawal, his counter trend trading style would suffer in such times. The draw down had grown to a huge amount and it broke the previous record. Many followers have left him.
I ended the week at -645 pips. Yes you did not read wrongly. The account was inflicted with a devastating lost.
While Forex Cruise Control is still holding on to the losses, i find it no longer a strategy to be just holding on to it. Fortunately for proper money management, i am able to take the losses without a complete wipe out of the account. Many followers question his intention as he is simply just holding without making any recovery trades that he used to do. Fell to intense pressure by the masses? Holding on to losses to qualify for this signal provider commissions? Well i am not sticking around to find out. In forex trading, it is important that one takes profits and losses when necessary.
Nonetheless, the live test is still on and no one ever said that this will be without setbacks eh? Forex Cruise Control was removed and we added TradeGuru as our new signal provider. This is his fifth positive month and the draw downs seem reasonable for now. Needless to say, proper money management is on.
Are you still with us?
Ready to ZuluTrade? Click below! Remember. I use AAAFX for the best possible experience with ZuluTrade due to their integration.
Start a live ZuluTrade account via the TheGeekKnows.com referral link and get an exclusive invitation to the Geeky Forex Koala ZuluTrade Progress mailing list.
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- This is at absolutely ZERO cost to you. You do not pay any extra fees and instead gain the above for FREE
Remember. Use AAAFX for the best possible experience with ZuluTrade due to their integration. Experience less slippage of pips and gain potentially better profits. You only need $300 USD to start an account with AAAFX. If excessive slippage does occur, you may qualify for a rebate on a case by case basis too! Simply contact their live chat customer service
Once your live account is enabled and reflected under the referral list of the Geeky Forex Koala ZuluTrade live account, you will receive the exclusive invitation to the Geeky Forex Koala ZuluTrade Progress mailing list.
You can read our initial Unbiased Review of ZuluTrade here.
( Warning. Only trade with money you can afford to lose. You are responsible for your money! )