BullCapital has more than 5 years of experience in trading. He has developed his own Expert Advisors specializing in the EURUSD pair. He has been actively trading on our platform for 32 weeks and has managed to avoid the market’s fluctuations thanks to his volatility filter.
The BullCapital has generated 2690% ROI annualized while the overall NME is currently at 153$.
Let’s meet him and read about his trading experience at ZuluTrade.
• Tell us about your trading background and how you got started trading.
When I attended my first Forex seminar, almost 5 years ago, I immediately recognized it as my life career. I knew from the start that this is a hard path. It is a path on which most traders fail. I failed myself in the beginning. Then I dedicated myself fully to learning. I attached myself with successful Forex traders and I started to work together with them and learn from them. Soon after, I was recognized in the Forex community as pro Forex trader. Last year I worked on EA (expert advisor) where I put all my knowledge, experience and work, to make a highly profitable and low-risk Forex trading tool. My goal was to popularize Forex among inexperienced traders and help them make revenue.
• When did you first discover ZuluTrade? What was it about ZuluTrade that got your interest?
It was an easy job to discover ZuluTrade since it is the very best social forex trading platform. My colleagues told me about Zulutrade during my learning period. What attracted me the most was to be able to spread my knowledge so that we together make revenue. I did not need marketing. I only needed a great trading system, which I already had.
• Give us the basic structure of your strategy
I am using my own indicators since I couldn’t find good enough on the market. They are for targeting, and for trend detection. The system is based on price swings and trend. It is using trail stop loss, taking profit zones, advanced risk management (which is in my opinion most important) and trend detection. Rules made logically and live results proved that the 10 years of backtesting not only confirm the rules but that we can expect the same results in the future.
• What’s your trade management approach – taking profit and exits, trade size and account- level risk management?
I am using an advanced management approach. That is and should always be the absolute priority. Profit is always taken at key fib levels and/or by fib counting. That is done with the use of my own Bullseye targeting indicator. I am also using a trailing stop loss so that trades are secured if things go wrong at some point. Trade size is always calculated as a percentage of the account. I choose with what risk I will trade an account, so lot size varies from each trade, since stop loss is always of a different size. I trade my system with a 1% risk, to 5% risk. This system can handle even a 5% risk.
• How can your followers get the best by your strategy?
People should learn from my strategy on how important trade management is, and how patience is a virtue in trading. This is a long-term system, but with steady and high profitable results. If they want the best of it, they should track me for at least 6 months, and they will be more than happy with their profit. Some clients see a massive profit in the first weeks of following me, but if they start when we are in the big range zone, they will need to be patient, since the system is made to keep your profit safe while the market is in the big range zone. We all know that the zone is the killer of most of the systems.
• How do you feel when you have a good and a bad trade? How are you dealing with this?
Actually, I don’t deal with that at all. I am a professional Forex trader. My emotions are always in balance. Good and bad trades are part of this job. Of course, I am pleased when I have a great month, but I don’t feel bad when there is a drawdown. I know this is something that must always occur. To get to this stage, you need to trade for several years, and become successful of course. For last, I would also say that the same daily routine is mandatory.
• Finally, if you could give some advice for the aspiring traders out there, what would it be?
The beginning is hard in this line of work, but I promise you, anybody can achieve the levels of skill I achieved. You need to be patient, learn by yourself or from other traders like me and the results will come. Do not aspire for overnight results. That will only burn your account. The worst you could do is to every month jump from one trader to the other. Pick patiently whom you will follow, and then give yourself time to see results. And of course, learn what you can learn, and possibly in the future, you will find your own winning system.
Wish you all my kind of success! Happy trading!
That was all from BullCapital. More Traders’ Interviews to follow…Stay Tuned!