Do not be fooled, certainly this month profits are there, but what happened in the previous months?
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For several years this company has proposed only one type replication, before finally offering an alternative. Investing in Social Trading ZuluTrade means investing in the Forex market , therefore with the use of leverage.
The best ZuluTrade feature is surely the depth of analysis with which a user can study each Signal Provider performance. You can find a long series of precise data about his operational strategy, performance, and even the behavior of the Signal Provider.
You can even go to study each trade executed by a Signal Provider, discovering all the evolution that operation had from opening to closing. Another winning feature of this company is the advanced customization possibility of the replication settings. As we will see in the next lessons, the investor has the ability to manage and modify at will every detail of its portfolio of Signal Providers and of its strategy. In this factors Zulu Trade has no equal. What do I replicate using ZuluTrade?
For several years this company has proposed only one type replication, before finally offering an alternative. A trader may decide to open a trade with 10 lots, then another one with 20 lots, then another one with 5 lots. This will not affect you, because how many lots or mini or micro lots will be used on your account will be decided by you, and that value will be constant.
For example, if you have decided that the trader operations must be replicated in your account with an exposure of 1 minilot each, the trader may also vary with lot size, but in your account you will have one and only one minilot each operation. How much these PIPs will be worth, you will decide it then. Zulu Trade even provides an automatic Signal Providers ranking. Their performances are studied and analyzed using an algorithm of its property called Zulurank , which returns an automatic traders ranking, based on their performance.
In this case, the follower must decide in what proportion he wants to follow the trading orders of the Signal Provider, with clear reference to the Lot Size he uses. With this feature it is now possible to precisely follow those traders who vary the Lot Size of their trade, fully respecting their strategy and their money management.
As we will see, however, this is still a new feature in ZuluTrade even though fully functional. The only way is to personally view the details of the trades executed by the Signal Provider, to assess precisely the Lot Size used, making use also of Excel. The first problem for the vast majority of new investors is the over-reliance on the information of the Zulurank ranking page. Despite their efforts, this ranking is not reliable in order to make meaningful investment choices.
A Signal Provider must always be analyzed independently, observing the statistical and historical parameters of his strategy, with special attention to the ZuluTrade drawdown , and his way of managing the risk, because what he risks is what you will risk by copying him.
Among some realities that have based their success on this theory we can mention Wikipedia and Google. However, to be effective it requires certain principles, including that of independence. In short, the principle of independence says that the participants opinion should be independent, not influenced by the others choices and opinions. In ZuluTrade, as in all Social Trading societies, users self-influence each other, the crowd self-manipulate itself.
It just takes a Signal Provider to get good performance in the short term, perhaps by chance, with no real intent, to achieve an increase of followers and this will automatically trigger a chain reaction in which many novice investors will start to copy him, for the simple fact that the others do so.
Moreover, whether you want to use the Fixed or Pro-Rata replication setting, you should know that the minimum Lot Size allowed in ZuluTrade is the microlot, which is a 0.
That said, every Signal Provider needs a certain level of margin capital to be sure to properly replicate all his operations and therefore his performance. Diversifying too much, and especially at random, may even worsen the situation. That said, it is often thought that diversification is an extremely complicated activity, but it is not necessarily.
The important thing for a good result is to follow the guiding principles. You can also use the ZuluTrade portfolio simulator to be even more confident in your choices. Losses in trading are more than normal. In short, when an operation does not go as hoped, the Signal Provider does not close it, but leaves it open waiting for it to eventually come back into profit, possibly opening another one or more always in the same direction to try to speed up the losses recovery process.
Such techniques often can lead to having dozens of losing trades opened at same time, and if not managed like a pro they are a sure recipe for bankruptcy. The truth is that the winning ratio is not enough to decide whether a trader is good or not. First, the value must be plausible, second, it must also consider the risk-return strategy and how many operations the trader opens simultaneously. You should monitor the trader story especially on the whole.
The more history the better, because you can see how the Signal Provider acted on several occasions. So, can you make money on ZuluTrade? We dealt with the false and misleading information you could find on the internet about making money with ZuluTrade. We hope we have not frightened you too much. ZuluTrade is still a great investment and a profit opportunity for everyone.
No. By signing the RB form, you enable ZuluTrade to receive commissions from the broker or dealer you have an account with, and most importantly for ZuluTrade to pay the Traders that are generating the trades being executed in your account.
Dec 07, · Then go to FUNDS section and indicate the amount of money for a transfer. The money withdrawal procedure on NordFX doesn’t differ a lot from the one described above. For other brokers there are various ways of locating money in a . Simply log in to your account and select the Withdrawals button, select the option for how you wish to withdraw the fund and then enter the amount you wish to withdraw. The amount requested will be deducted from your trading account.
Oct 22, · you don't have to pay any extra fees with ZuluTrade or my website. It's completely free, because ZuluTrade earn their money with the spreads. Everytime you buy and sell a currency you have to pay this so called spread. Every Broker has these spreads for example FXCM, alpari etc. If your Account Status is ‘Connected to Broker’, it means that your Broker Account has been automatically connected to your ZuluTrade account, so you are ready to start trading via ZuluTrade. If your Account Status is ‘Disconnected’, you need to take action to connect your ZuluTrade account to your Broker account.
Making money with ZuluTrade is a marathon, not a sprint. Much better to think in terms of small but constant returns. For example, a target return of 5% per month, with contained risks, can get you to a performance of % in a little more than a year, which is the supposed capital doubling. Sep 14, · The signals I had chosen from Zulutrade did not perform on my live account so I decided to withdraw my funds. AAAFX refused to refund the funds to the credit card that I used to deposit them - WHY? They asked me to provide bank account details and withdraw the funds to my bank account. I provided the required details.