Signal Provider Sharper Trade

Last update: 02.01.2012

Sharper Trader is a trading system characterized by increased profitability and high risks. Sharper Trader trading system is the most interesting high-profit system in the “armory” of ZuluTrade. High risks are compensated by exceedingly high profits while the stability of performance is constantly attracting newer subscribers.

Expert description: "Dear followers - please consider my recommendation and strategy for money management for my signals. Please allow 6 positions to follow this system. I am not going crazy to open many positions at once for one currency. Normally I open 2-3 positions. If I open another position for opened currency it is to offset the position. You should consider minimum $7000 for each mini lot. If you have only $1000 - set up micro lot ($0.1 per pip) === will be enough for 5 positions. As you accumulate money you may increase number of lots to enter. I would like to share with you my experience in FX to make money together. My strategy is simple: 1. identify trend 2. find reason for entry - bounce from support/resistance line or breaking support/resistance line 3. find safe stop and good profit 4. monitor trade while it's open. SL=500 pips or I close sooner if it becomes too risky. You can check my closed trades and see that you can make good money with me. Choose option MONITOR TRADES IN YOUR SETTINGS."

Recently Sharper Trader published a capital management compellation to their subscribers where it was recommended to apply the stop limit of 350 pips using extended portfolio settings of ZuluTrade.

During last three months the amount of concurrent open deals decreased from 10 to 4, and it brought positive results for investors’ profits.

As you can see on the diagram, last months of trading weren’t very successful for Sharper Trade, and that’s the reason why the investors’ trust level fell down to 49%. The drawdown graph for Sharper Trade shows that sizeable drawdowns take place recurrently. Such drawdowns can be dangerous for the investor’s capital, and that is why you should always set a stop-limit in the extended settings of ZuluTrade portfolio. The stop-limit level of 350 pips recommended by the expert doesn’t put the investor’s means under great danger if you follow the rules of Capital Management.

Judging by slippage indicator, the best broker for this expert will be AAAfx (in consideration of no additional fees for the broker).

We put this expert into high-risk category with prospective level of profitability 130%-260%.

This commercial expert is the best for portfolios with high-risk levels. This is the case when high risk is compensated by a good profitability rate and quite stable performance.