A Novel Approach to Systems Ranking by ZuluTrade
Most trading sites that track systems performance will show you the best performing
systems near the top. But usually this does not take into account how feasible
this performance is in reality. For example, when a system opens more and more trades
without first closing the previous ones, your account needs to have a lot of available
margin (funds) to be able to open the new positions as they come.
But in reality, your account might be unable to open many positions at the same
time due to margin requirements.
Our proprietary ZuluRank, system takes many parameters into consideration, like:
- maturity (how long a system has been running for),
- exposure (how many positions might be open at the same time)
- drawdown (how many ups and dows the system has experienced)
in order to provide you with an easy way of viewing systems that are good performers and filter out feasible trading strategies that emphasize on providing solid and stable trading results, have normal trading cycles and avoid over-exposing your invested capital.
Please note that the ZuluRank system results are completely computer-generated.
As a result, systems are sorted without regard to human viewpoints or strategy preferences,
and you can always choose from a wide variety of systems that can match most styles
We will continue to improve ZuluTrade by adding more systems, fine-tuning our technology
and providing our service to traders all around the world.
In addition, for Traders being available for EU Followers, only the top 500 Traders following the most solid and consistent trading strategy will be available. So they must comply to the following parameters:
- Maximum Drawdown should not exceed 30% of their total profit
- Minimum trading time of at least 12 weeks
- The profit per trade should be greater than 5 pips.
As you can see ZuluRank uses a specific set of parameters to rank Traders – as a result, who the best Trader would be for you might be different from the best Trader according to ZuluRank; depending on your trading style, needs, risk allowance etc, you could place priority to other factors/characteristics.
For example, a small sized Follower account could be more interested in safer strategies with a smaller profit margin, whereas an account with considerable margin would normally rather be seeking strategies with higher profits and be able to maintain greater drawdown.
So ZuluRank stresses the aforementioned trading factors, it is not necessarily the only possible ranking – so please feel free interpret and consult ZuluRank always according to your own unique trading needs!