For today’s Forex Trade Copier Service on ZuluTrade we present Thompson.
Many ask the same question over and over: which is the best ZuluTrader worth following?
Today we are going to introduce the 13th Zulu Rank trader for you to copy, namely Thompson.
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 Thompson historical trading performance on ZuluTrade over here.
Facts about this trader:
Zulu Rank: #13
Amount Following: $846,645
Total Profit: 7,959.8 Pips
Described Forex Trade Copier Service strategy for Thompson:
- His description is rather short but he begins by saying that he exclusively uses MACD, Stoch, RSI and Williams in order to identify the idea trading opportunities.
- He believes that all pairs are successful, but it all depends on the market hours.
- This trades notes that he always keeps a close eye on the hourly, monthly and 30 minute charts before opening
- He does the same actions when closing a trade.
- This trades noted that he usually focuses on a single trade, but if more happen to be successful then expect to open more.
- He concludes by saying that not all trades are always gains so that why he tells his followers to take care of the leverage levels.
- He thanks you for reading his strategy description.
This Trader has been active on ZuluTrade for over 47 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 7,833.4 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 203 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 3.9, which is ok, not amazing, but still rather good. There is a moderate slippage of 1.5, but this suggests only that the losses are swiftly covered.
He currently has a maxim drawdown of 1029.7 Pips which is rather good, but at least he shows potential in jumping above this negative ratio fast.
Final Verdict – Is following Thompson a good idea? We respond: 60% Yes – 40% No!
Thompson 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 and enhance your 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.