For today’s Forex Trade Copier Service on ZuluTrade we present Lounhart.
Many ask the same question over and over: which is the best ZuluTrader worth following?
Today we are going to introduce the 11th Zulu Rank trader for you to copy, namely Lounhart.
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.
Be sure to go through all details before choosing any trader, go ahead and view Lounhart historical trading performance on ZuluTrade over here.
Facts about this trader:
Zulu Rank: #11
Amount Following: $732,421
Total Profit: 5,811.3 Pips
Described Forex Trade Copier Service strategy for Lounhart:
- He begins his description with the idea that the trade process can be made in a successful way with any currency pair and this depends mostly on how you link the path between 15 minutes of activity.
- He states that the hourly movement is very important to be watched as well as the 4 hourly time frames.
- He states that his take profit actions usually vary and, most important, depend on the overbought and sold at the H4.
- The Stop Loss action is usually around 100 pips.
- To ensure the safety of this trading process he usually opens a maximum of 3 trades.
- He noted that each trade is made to bring only profit.
- He has said that he has studying Forex strategies for over 5 years.
- He kindly welcomes you to follow him.
- Fixed: you will require at least 500 USD to copy all of the trader’s positions with 1 micro lot each and 100:1 leverage.
- Pro-Rata: you will require at least 1.000 USD to copy all of the trader’s positions with 100% ratio and 100:1 leverage.
This Trader has been active on ZuluTrade for over 46 weeks (at the time of the writing) and it is obvious that he is an experienced and seasoned trader which is worth following any time. He generally prefers manual to automatic trading, but he is also very good with using a direct, live and manual trading account therefore he is placing orders very fast and manages them even faster and tracks only high scores for the benefit of the follower. He has the necessary experience in financial management in order to lift the Forex trade copier service to an entire different new level based on well developed strategies that he implements on a daily basis.
He has a very good profit of 5,811.3 Pips, which makes him an amazing option on anybody’s list.
He is definitely a great example to follow.
He is followed by a number of 79 investors which means that he is trusted by many market participants and it is more than able to bring strong results.
A negative aspect is that he has some losses and this needs a little bit of care, but it is more than cleat that the positive side is far stronger than the negative side.
The average pip gain for this trader stands at 4.1, which is ok, not amazing, but still rather good. There is a moderate slippage of 2.5, but this suggests only that the losses are swiftly covered and the forex trade copier service can be affected but in a very small manner.
He currently has a maxim drawdown of 1184.2 Pips which is rather good, but at least he shows potential in jumping above this negative ratio fast.
Final Verdict – Is following Lounhart a good idea? We respond: 70% Yes – 30% No!
Lounhart looks like he can keep your profits up and he takes little risks and also uses a small-return approach. He usually makes use of EA, which is somewhat good especially when the trading markets are on a high movement, but immediately steps in on manual to protect your investments.
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.