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Signals Reviews

Russia's Best Capitalized Signal Provider on ZuluTrade: Storied Seller Soars to Second Place

Yesterday, we gave our signal provider reviews a little rest and instead shifted the focus to Ayondo, a much smaller but highly reliable and transparent social trading platform that has gained some serious popularity in Germany over the recent years. The piece in question describes the specifics of becoming a Top Trader on the network so if you still haven't seen it and that seems like something of interest, click here and catch up on the reading. As for today, we're gladly returning home, to the good old ZuluTrade, to take a detailed look at the performance of twelve-week-old Russian account, Storied Seller. Time clearly represents no obstacle for this signal provider for in as less than three months, he's generated close to 22,000 pips and has attracted a large crowd of followers who entrusted to the system over $4,400,000 in funds. This makes Storied Seller ZuluTrade's sixth best capitalized trader, yet another prestigious title to go along with the second place awarded to him by ZuluRank.

 
As a nation, Russians are among the most active on the network. Among 1657 signal providers, operating out of the country, Storied Seller holds first place both in terms of amount following and, of course, in terms ranking. When it comes to number of followers, though, he's outperformed by The good life1 who at the beginning of May occupied third position but has now plummeted down in ranking to 1037th place. Nonetheless, he's still boasting a relatively high capital of close to $2,700,000.
 
A lot less than the 4.4 million dollars that Storied Seller is running, though. This bulky sum was put into his hands by some 2,400 followers to take care of, and hopefully, multiply. And Storied Seller sure hasn't failed to deliver. Of 1274 people who've ever copied the system with real money, only 29 lost funds, 180 registered no results and the overwhelming majority, around 1270 became more or less richer. The follower with the greatest reason to cheer pocketed $14,687.
 
How was that achieved over such a short time period? Well, with very active trading and profitable one at that. Of 1551 executed transactions, 1483 brought some sort of gain. That constitutes a 95% success rate. Average pips per trade are also quite high, 14 up to date. But while all this sounds just great, here comes trouble. Storied Seller has a tendency to open multiple positions simultaneously, as many as 30 at times. This also explains the high drawdown of close to 3,000 pips. Although that's quite a lot for a trackrecord that is under three months long, we have to give him the due credit – he handled the like plunges well and managed to resurface, making enviably high monthly profits of 9,000 pips in April, 8,350 pips in May and just halfway into June, he's already scored over 5,100 pips.
 
Photo Credit: ZuluTrade
 
Storied Seller's preferred currency pair is EURUSD but occasionally he also goes for less liquid crosses like AUDUSD, EURAUD, AUDCHF and USDCHF. The trader behind this system also trades the exact same pairs on his alternative account, Increasing Deposit, which is just a couple of weeks older than Storied Seller and, as a matter of fact, isn't doing any worse. Increasing Deposit has an even higher profit of over 25,000 pips and more than 2.1 million dollars in trading capital. We'll make sure to pay the system the attention it deserves in the upcoming days.
 
But let us go back to today's reviewee. Prompted by the results mentioned above, Storied Seller has also been receiving some very positive comments. Understandably so given that there are hardly any followers who've endured losses because of his signals. If you'd also like to benefit from those, be aware that you'll be needing a sum of at least $685 and even higher as this is the bare minimum calculated by ZuluTrade on the basis of the current max drawdown. One should always be prepared as there's always the possibility that it might get worse in the future so loosen up that wallet of yours.
 
Storied Seller is most suitable for live account holders registered with AAAFX, Dukascopy or GoForex. If you still haven't gotten to the point of investing real money and insist on using Storied Seller's services, these are also the brokers you should look to open an account with as slippage with them is the lowest: 0.5 pips, 0.56 pips and 0.57 pips, respectively. Also, consider carefully the commission you will be required to pay which for AAAFX is non-existent as the company functions as ZuluTrade's integrated brokerage, for Dukascopy stands at 1 pip and 2 pips for GoForex. Obviosuly, GoForex is the least attractive option of the three as not only is the slippage with it the highest but so is the commission per copied trade.
 
TAGS: zulutrade  forex signals  signal providers  profit  drawdown  forex trading  forex  storied seller 
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