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Friday, October 7, 2011

MONEY MAKING BY ZULU TRADE


 ZuluTrade is one of the best signalproviders worldwide and thus one of the easiest ways to make money online. If you have no idea of forex and daytrading at all you can profit from ZuluTrade by following either the best traders manually or just copying the settings of the best followers. This latest feature is called ZuluTrade Alchemy. The ZuluTrade Signalservice is absolutely free of charge. ZuluTrade works just as an intermediary between more than 10.000 professional signal providers and their followers. In order to take advantage of the ZuluTrade Signalservice, one must have a broker account with one of the ZuluTrade To cut the matter short, is the best broker to choose as this broker is completely implemented within the platform and there are absolutely no problems with opening and closing positions. In addition you will get a 10% trading bonus on your deposit when you open an AAAFX account. If you have already another broker account, you can use ZuluTrade as well but the connection might not as good as with AAAFX. Actually the ZuluTrade concept is the same as with ayondo with one slight difference: Whereas ayondo only allows human traders that must go through a certifying process, ZuluTrade allows EAs as well. Another difference: With ZuluTrade you can add as many signal providers to your portfolio as you like, whereas the portfolio with ayondo is limited to a maximum of 5 traders - dependet on your deposit amount. The most successful traders with ZuluTrade will gain the most followers, so the community will decide whether a certain trader is worth following or not. You can even chose the worst traders and invert their trades in order to make profit. To make it short: ZuluTrade is more flexible than ayondo. Be aware that you mustn't add too many traders to your portfolio as it is possible that one trader makes a good profit and the other one loses your money. Use the implemented risk-o-meter in order to split and limit the lots or microlots to your prefererred traders and thus limit your risk. In order to choose the right signalprovider just have a look at the performance tab and the different criteria such as profit, draw down, number of followers etc. or just copy the settings of another successful ZuluTrader follower, called ZuluTrade Alchemy. ZuluTrade Alchemy

 Zulu trade is the latest improvement of the ZuluTrade platform and absolutely unique in the forex world: If you have no idea what signalprovider to choose, just copy the settings of another successful follower! Thus you will save a lot of money and time in searching for the best signal providers. Click on the Alchemy Performance tab and search for the best follower within a certain period of time. Click on "copy settings" and all his or her signal provider settings are copied in your account. The lot size will be adapted automatically to your account size but if you like you can give some traders more lots than others.

In order to make profit with ZuluTrade is not enough to just choose some signal providers - but almost. Your portfolio needs to be configured. If you have experience in forex and daytrading, it will be no problem for you to adjust the respective lot sizes to your traders manually. The major rule is that every open standard lot should be covered with $6000 in order to avoid a margin call. If you have no idea of forex just use the risk-o-meter and let ZuluTrade do the best settings for you. They will be adapted to your deposit amount. Don't be too greedy, a profit of 1% per day is possible and reasonable and a lot more than you would get with any bank account..

The right signalprovider

How to choose the right signal provider? First of all have a look at the Does the trader provide a consistant performance over a longer period of time? Don't let yourself persuade by an impressive profit within one week or several days. In most cases such a profit is nothing but coincidence. What about the draw down? The max. draw down should be not more than 25%. How many followers has the signal provider? The more the better as many people won't commit their money to a bad signal provider. If there is a signal provider with an obvious good performance but not longer than one month on the platform, just open a demo account and observe his or her trades over a longer period of time before you add him to your portfolio. The best rule is: Don't add too many signal providers to your portfolio, except when using the ZuluTrade Alchemy. Try some of the best and if they perform well, add others and give them gradually more lots or micro lots. If you don't know at all what providers to choose take advantage of  zulu trade and just copy the settings of the most successful followers. By means of ZuluTrade Alchemy Forex Trading has become almost risk free.


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