All ideas and advice is sooooo appreciated!!!
Remove the sense of greed that if you want to get consistent profits. Good management will be able to provide convenience for the trader can benefit. not too much hope to get a quick profit but taking into account a small profit for the long term.
Learn how to trade yourself.
There is know way that you are going to become financially independent by following a signal service.
Agreed . Zulu will not make you long term profitable, probably won’t even make you short term profitable . Consider how much survivorship bias there is and just walk away.
- Quit Zulutrade.
- Actually learn to trade yourself.
- Profit?
If you use Zulutrade you rely on other people, and I’m not sure about you, but I don’t trust anyone but me with my money. Especially if that “anyone” is literally an unknown person.
Understand that you do not need to know what’s going to happen next in the market in order to make money.
Don’t work hard for your money. Let your your money work hard for you, I guess!
The thing is…making your money work for you isn’t easy. Not unless you’re already rich and making 3% per year is good enough. It requires A LOT of work.
Hahaha I can so relate you nailed it to the bone mate! People don’t realize it takes all these things before we become profitable. And that is only if we don’t give up after all these things we have to go through.
But I think I can learn from studying this Zulu Trade to. Maybe it will not cost so much and I learn to trade?
I agree a lot of work , but the more you think of profit that is why we are all in this business the more we lose money, the market is having a play on us, a master of puppet . Let your money work for you is simply forget the market and think long term, no emotion involve just forget the money you invested in fx trading and think it is gone.
Problem is the ‘someone’ usually a newb, quickly finds someone’s proven strat (its got a high post count right) :33: or worse has convinced themselves they have found their own and inevitably draws down their account to an unrecoverable position or just plain gives up! I’m certainly no advocate of Zulu… in light of a recent high profile trader. There are however other options. Good stats managed funds… granted they will siphon off 20% of ‘high watermark’. But 80% of something is better than 100% of nothing! 
Then there is a rarer breed. Pro traders that might take you on? Good hunting!
I dont quite understand all this critisism about forex copy-trading , if the guy that you are following knows how to trade better than you , where is the problem with that? Why is that manual trading is better when you might be a bad trader yourself?
Because you are relying on a complete stranger to trade your hard earned money.
It’s not like you are talking about a registered multi million dollar hedge fund here, is it. You are talking about someone that has registered a demo account more than likely on Zulu trade, to risk other peoples money and to make money from that. He wouldn’t even care if he blows your account.
[B]You wont get wealthy chasing signal providers on the internet[/B]. The time spent searching for that one “amazing” signal provider would be better off spent learning how to trade off the daily charts with proper MM.
There are not only demo accounts in Zulutrade , they have registered traders who are trading with their own money on live accounts.Also those traders are not complete strangers because trade history is there for you to see and analyze , you dont just copy someone without knowing a thing about him , you have his performance , its all there , he cant hide anything. As for the “You wont get wealthy chasing signal providers on the internet” ,well apparently a good amount of people did , otherwise i doubt that these forex networks would survive that long in the market. But ok, i’ve got your point about the risks, i just disagree with the manual > copy traders thing.
nobody said we would get millionairs, actually thats beyond the point !!
but becoming a bit richer than before, why not, and to tell you th truth i am making quite well …14 m and counting.
Ok maybe wealthy is the wrong word. I doubt you can make money consistantly long term gains ie years from a signal provider.
You just have to read the reviews traders have made on review sites, if it was that easy to make money from these signal providers wouldn’t everyone being doing it.
Each to their own I guess. Me personally I would prefer to be in control of my own destiny
There are many good SP in ZuluTrade and that ‘amazing’ SP is there, I am sure. I am still monitoring several SP, looking into all SP’s and not just the one;s in top 10
Mike, which one have you put your eyes on?
There are 2 SP that seem to be really good. I am uncertain yet which one is the best but let me know what you think. The first one is good good system and the second one is or kahana