For today’s Forex Trade Copier Service on ZuluTrade we present Likepips4.
Many ask the same question over and over: which is the best ZuluTrader worth following?
Today we are going to introduce the 10th Zulu Rank trader for you to copy, namely Likepips4.
We honestly believe that this trader has everything you, for your wallet and for your success. Follow us and you will find out all that you need to know about this successful trader.
Facts about this trader:
Zulu Rank: #10
Amount Following: $588,312
Total Profit: 1,323.7 Pips
Described Forex Trade Copier Service strategy for Likepips4:
- He announces even from the beginning that he trades on only based on special advisor signals.
- All actions of opening and closing are done manually by him.
- He uses his great skills especially on the EURUSD shared currency pair.
- He states that for a lot size of 1.00 he does not use Martingale and the averaging is definitely missing from his charts which makes things much more professional.
- The stop loss actions always lands around the 200 and 250 pips margin.
- Take profit is missing.
- The maximum number of open lots that he uses is 2.
- He announces that he usually opens the second lot only when he is sure that a strong trend is moving on the trading horizon.
This Trader has been active on ZuluTrade for 35 weeks (at the time of the writing) and we can all agree that he is a rather good, not a beginner, not a veteran, but a good trader worth following at any time of day and night. He is fixed on using a direct, live and manual trading account therefore he is placing orders faster and manages them even better and tracks only high scores. Likepips4 boasts an amazing number of over 368 investors which, by all means, underlines the fact that he is trusted by many market participants therefore I believe that he is indeed a very good example of a trader to follow. He manages to lift the Forex trade copier service to an entire different new level based on well developed strategies.
He has a very good profit of 1,323.7 Pips, which makes him a good option on anybody’s list.
He is definitely a good example for the trading agenda.
The first problem here is that his “described strategy” is very short and lacks a lot of essence, sure he does make a small point in describing it, but his data shows that he is a very cautious trader, which is not definitely a bad aspect because he gets in line with protecting your investments and increasing your profit.
The average pip gain for this trader stands at 5.1, which is fairly good, not amazing, but still rather good. There is a moderate slippage of 2.1, but this suggests only that the losses are swiftly covered.
He currently has a maxim drawdown of 191.7 Pips which is very bad but at least he shows potential in jumping above this negative ratio fast.
Final Verdict – Is following Likepips4 a good idea? We respond: 70% Yes – 30% No!
Likepips4 looks like he can keep your profits up and he takes little risks and also uses a small-return approach. He avoids using EA, which is somewhat good especially when the trading markets are on a high movement. We believe that he is a great example for the Forex trade copier service.
Short- term investors looking for a quick profit, run the risk values might end up having their funds erased quickly so use a lot of caution. Always choose the long manual run because long-term investors always benefit from fluctuations.
Be sure to go through all details before choosing any trader, go ahead and view Likepips4 historical trading performance on ZuluTrade over here.