System Trading Blog

Make Your Money Work Harder

Performance [Misre]Presentation on Zulutrade

with one comment

Looks like total geeks or rogue marketers run Zulutrade. I tend to believe that they’re geeks since the site has some whistles and blows and a very good business concept.
When it comes to presentation of the content (i.e. trading systems), it does a good job to display junk prominently and gives no other tools but to dig trough the list manuallly.

This is the recent e-mail from Zulutrade (click thumbnail on the lef). The yellow markings are mine. The system is ranked #7. The average profit per trade are 2.8 pips. 2.8 pips, modelled on 2 pip spread?! Empirically, the spread is about 10. 487 trades. Adjust for fees and slippage and you’re likely to get a deep-loss system. This is a typical representation.

Very likely another system (click the thumbnail for a snapshot) with 35 average profit per trade is profitable, but somehow it’s digged in as #343 after all the “a couple of pips systems”.

As well, the “advanced filter” is of little help as it doesn’t let you filter any basic parameter like return, drawdown, average profit.

Currently Zulutrade lacks pedigree. Something you can’t say about Collective2.com and, particularly, covestor.com. But then, Zulutrade seems to be successful in building customer base and, hopefully, one day they’ll fix the shortcomings.

Advertisements

Written by A.S.

May 20, 2010 at 7:10 pm

One Response

Subscribe to comments with RSS.

  1. It’s very informative posting, actualy i’m new in the domain matter, so this writing help me much increase my knowledge.

    zulu trade??

    June 14, 2010 at 6:25 am


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: