Hi, I have been reading about ZuluTrade and have opened a demo account also. I’m still confused about the concept of Necessary Minimum Equity indicated in each signal provider’s page.
Is the required minimum amount to follow all of SP’s trades? Or to follow a single trade from the SP? (With 1 micro lot per trade)
What kind of connection does it have with the leverage?
it goes indirectly have a connection - the leverage indicates the volume of your equity, thus, the required min amount that you’ll follow with. However, the RMA is mostly connected with the SP trading and their risk aversion - these are the main attributes.
You really need $5000 and trade 0.01 lost and max lots of 10
The problem with Zulu . Most trader have stop lost at 300+ but close the trade as soo as they make 30 pips …
With $5000 you will be lucky to make 5% a year
well this is a reasonable amount of money to begin trading.
this was my first year’s initial account - it actually closed up positively +7.5 K , so the return is quite much higher. These were my live-results. it does depends on how much I also, attribute or manage my account - for example this year my results are lower.
how are you trading? have you got a live account with zulutrade? otherwise, how are you bound to express any opinion?
I follow some trader on a live account . And follow many on multiple demo account . So when I am busy working and hear alot of “ding” sounds. I know that my top trader and a few not do good trader are opening trade .
Use them as a refance To get trade idea
But there are so many trader out only to make commission and so many ppl lose their money following bad trader
[QUOTE=“billyboy402;521286”]I follow some trader on a live account . And follow many on multiple demo account . So when I am busy working and hear alot of “ding” sounds. I know that my top trader and a few not do good trader are opening trade .
Use them as a refance To get trade idea
But there are so many trader out only to make commission and so many ppl lose their money following bad trader[/QUOTE]
I also have been listing my own trade for other to follow . And have dealing with aaafx . So you could say I have a bit of an idea
look, who cares about the commissions., seriously, why are you so stuck on it?
the traders trade and it is an open competition - the better they perform the more followers they get- this is all what’s about and the more they have the higher the ranking…so SPs have the tendency, when they are climbing up the top to perform well. this is the momentum to start following somebody. Don’t you agree?
[QUOTE=“EDDY MO;521299”]look, who cares about the commissions., seriously, why are you so stuck on it?
the traders trade and it is an open competition - the better they perform the more followers they get- this is all what’s about and the more they have the higher the ranking…so SPs have the tendency, when they are climbing up the top to perform well. this is the momentum to start following somebody. Don’t you agree?[/QUOTE]
I love the commission . More money I make
( as I send my own signal )
But I just thing is bad and even if I earn less money from commission I think it would make Zulu alot better …
Also I don’t like that demo follower are counted as "follower"
I am still in the mix of it with Zulu trade
But I show them that with a 30 min copy and pasting my email address . I could create 1000 demo account to follow me - which increase my ranking .
Just saying there some great thing about Zulu
But also some bad thing
I wish babypips admin would make a new section for Zulu Trade and Etoro along with other trade signal providers.
Considering the slogan for Babypips is “The Beginner’s Guide to Forex Trading” - Zulu Trade is not trading, it’s finding people who do trade and evaluating if they are a good signal provider. I don’t know about others here, and maybe i’m just having a good old moan, but i’m sick off seeing posts about Zulutrade in the section of this website which is supposed to be about actual trading.
Edit: Before you flip out Billyboy this is not directed at anyone specifically.
[QUOTE=“Jezzode;522202”]I wish babypips admin would make a new section for Zulu Trade and Etoro along with other trade signal providers.
Considering the slogan for Babypips is “The Beginner’s Guide to Forex Trading” - Zulu Trade is not trading, it’s finding people who do trade and evaluating if they are a good signal provider. I don’t know about others here, and maybe i’m just having a good old moan, but i’m sick off seeing posts about Zulutrade in the section of this website which is supposed to be about actual trading.[/QUOTE]
It the same thing as managed fund , investment fund , pension fund - what ever you call it in your country
Getting sone one to invest for you 
Thanks for all comments posted. Could you please help me with one more thing that I’m confused about at the moment? I wonder what leverage should I use with the zulutrade. I want to start it at a very small level, and take time with learning how the system works. So I’m not looking at huge profits first. Default leverage is 100:1. When I talked to people at ZuluTrade about setting it to 25:1, they warned me that this will cause x4 more margin to be used from my account. I’m planning to trade one micro lot per trade and about 5 trades to be executed at once (1000 USD is the account balance).
Is changing the leverage without changing max number of trades or the lots per trade doesn’t have any impact on the amount of money being risked at a certain time?
Is that ship the Royal Caribbean?
If you use a ‘number of trades allowed’ and ‘lot size’ that you’d be able to use on a 25:1 account and use it on a 100:1 account, it’d be the exact same thing except you have 4 times as much wiggle room before getting margin called on the 100:1. The issue is discipline. With more wiggle room, newbie traders tend to throw in a gamble here and there. 25:1 basically restricts you from making mistakes.
[QUOTE=“ThatGuyM;522207”]Thanks for all comments posted. Could you please help me with one more thing that I’m confused about at the moment? I wonder what leverage should I use with the zulutrade. I want to start it at a very small level, and take time with learning how the system works. So I’m not looking at huge profits first. Default leverage is 100:1. When I talked to people at ZuluTrade about setting it to 25:1, they warned me that this will cause x4 more margin to be used from my account. I’m planning to trade one micro lot per trade and about 5 trades to be executed at once (1000 USD is the account balance).
Is changing the leverage without changing max number of trades or the lots per trade doesn’t have any impact on the amount of money being risked at a certain time?[/QUOTE]
Ummm I don’t you the alto function - I rather set it to custom . So it doesn’t matter what you set your leverage
If you use the alto setting with your leverage , it will let the so called " better rank " trader to trade large lots , it better to watch each trader and let then all trade the same lot size
Then you can judge which you wish to say with
I set it to
With account balance of $500
200 pip stop lost - I have yet to see a good trader that turn -200 to a profit - if your wrong cut ur lost and start over
Max trade per currency = 1 - you don’t want them to open 20 trade at the same time on the one pair
Max lot per trader 3
Down the bottom of setting I set “max total lots” = 5
Also Zulu trade had a new function " safe gaurd "
I set max losing balance $50 - the use the selection "disable " so any trader that lose more then $50 in a month get turn off
There is nothing worst then a trader that open and close 50 trade a night and lose trade after trade
Of course they are! and for that there is actual room for further improvement. Btw, followers are also shown in the provider’s page and there one can see only the live accounts with their performance, corresponding to yours - the trader.
By the way, when setting this to custom, do any of you guys have a sample where I could use? 
friend, can you kindly elaborate on what you asking, as I kinda lost there
Agree, that [B]may be[/B] one way to have a look into the market, because you aren’t forced to put real money on the table. And I don’t agree with Jezzode’s comment ‘Considering the slogan for Babypips is “The Beginner’s Guide to Forex Trading”’ is contrary to have looks at signal- or any other providers, robots and so on. I started a thread about ‘Forex Trading Signals – Alternative to Robots?’, because I think, this is one of a lot of possibilities to check and go into the currencies-markets.
Using any of 100 proponents of technical analysis or signals, you’ll find another 100 opponents, who’ll tell you, this is absolutely the wrong way and they have a better one.
Saying, that this all is (probably) scam, is as wrong as to think, your banker or broker really is a friend ;).
Even you buy a computer or a tv, you’ll look around and probably won’t leave out any vendor.
josch
Josh,
your only way to succeed in forex is zulutrade~ :57:
trust me it is a proven way! Otherwise you will be only loosing your money and time with other platforms or trading systems 
Eddy,
I’ll savor your post with a pinch of salt
josch