I would like to introduce you to ZuluTrade where Best forex traders worldwide (1200 of them), give you advice for FREE to buy or sell. ZuluTrade converts this advice to a live trade in your broker account automatically, again for FREE! Unique service.
They allow you to choose among a list of systems, traders and brokers that make trades for you (they use FXDD, FXCM, Alpari, IKON GM, FX Solutions and FOREX.com)
Founded in 2006, ZuluTrade has become one of the major autotrade destinations worldwide, they have over 30000 accounts 19 billion trading volume for 2009 and over 1200 traders to autotrade. Did I mention that this business is regulated by NFA and CFTC.
You don't have to study or monitor the market to make a good pick, because they have well known experts from all over the world that are doing it for you. All you have to do is pick the experts you like, and Zulu trade will quickly convert their advice into live trades to your trading account directly with the broker. And the best of all, it's completely FREE!
I would be happy to listen to your comments about this venture.
If you wish to test their system out, you may visit their website - ZuluTrade - Forex Online Trading Systems.
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Have you ever used the forex signal from the trader zynergy listed below. I liked the growth it showed, but they are down over 300 pips right now in an open trade that has been open 4 days!!! Not good but  ZuluTrade - Signal Provider Performance - Zynergy What signal on the list you have on the site do you think is the best? Have you tried any of them? I thank you for answering.  | |||||||||||
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Hi fidodif Well The success in this kind of setting (I mean auto trade somebody else trading signals) depend on money management. On the site you have ability to set up your own money management rules or you can depend on rules of signal provider depending on size of your account, your risk tolerance and the signal provider you chose. You have to remember that signal provider is trading only hypothetical account not your account (meaning that signal provider does not know how much money do you have on your account). The only thing they are concern about is to make profit. That means that the draw down could be bigger or smaller depending on market conditions, but not on size of your account. In trading patience is a key factor; sometimes it takes some time for the position to show it's potential. That said you have to remember that before you sign up with anybody you have to study his or her trading style. You have all trading history in front of you, so you can determine if their trading style is right for you. And know this - not always what is at the top of the list is the best for you. Sometimes this signal providers trade for bigger accounts, sometimes they trade mechanical systems or they have their unique strategy. So do your homework before pushing button. Yes I trade with some of the signal providers on the site. No I don’t trade with “Zynergy” Yes I have my own money management rules altering rules of a signal provider and I make money. Everybody situation is unique, and you have all the necessary information on the site to make your own decision. You have trade history, you have trader profile, you can create money management rules for yourself, you can sign up with more than one signal provider. You have all the tools to succeed, Just do your homework spend some time and study what's on the web site and make money. | |||||||||
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Most recent Top 5 "signal providers" are: - SystemsFX LIVE - Pro-B5 - MayfairSwing - PraetorianGuard - Steady Conservative Trading | |||||||||
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