Zulutrade exists since 2006 and it is a non-traditional Forex broker. The company is linked only with Aaafx Forex broker but mostly all major world Forex brokers offer Zulutrade as autotrading platform for traders.
Zulutrade is signal provider auto-trading platform. To put it simple, it is a platform for following good traders trade of your choice,
The technology of ZuluTrade is used for traders who intend to learn trading in easily. Beginners can use the assistance of expert traders, who their way and let you see what they do, along the way you get the part of their success, from what you invest. You pick one of millions of traders based from the database of their success
For setting up an account, you can open account at AAAFx Zulutrade forex broker and your account will be automatic connected with Zulutrade account without any documents or delay.
How to be a successful user of ZuluTrade?
This reading is about finding out an answer to the previous question. First of all, I will say that wherever I gave a review for a broker or a platform or any sort of a tool that is used for trading, I always say that it’s basically impossible to stress enough the importance of patience in trading. Now this should be even more stressed in trading with binary options. However, ZuluTrade does a wonderful job to help become a patient trader. Of course, it is all up to you, and Zulu is just a tool, but it is really a good tool. And here’s why. Because it is a social platform as well and there are other real people who are just like you that you can communicate with. The help Zulu provides isn’t based on helping you find or recommend professionals who would help you develop your skills. There are other ways for that. Zulu is here to connect you with real-time people like yourself, and to enable you to automatically follow a skilled and a successful trader. We are here to help you choose a good one and become a trader with success.
Besides patience, another very important thing in trading is preparedness to initial loses. You don’t have to undertake special preparations for wins, but you should be ready to know when to say, ok, let’s analyze this success, let’s see what this win was all about, and not rush all of your money to another trade. You have to be prepared that a loss is probable, and very probable.
There are many texts on the importance of the psychological strength in trading. That is related to patience, but it more narrowly means that you have to know how to deal with a loss. Statistics are obvious about the percentage of successful traders compared with the people who tried to be traders before losing their fortune.
Now, since this is about following somebody, let’s get to the point: you should follow and copy somebody who is patient trader. You will recognize those by their line of success – a steady line. Rather, you should look at their line of investing which should also be a steady straight line with as little deviations as possible. Compare if your favorite trader is firm with his/her strategy in terms of investing. If yes, check that one and let’s move on. See what your picked trader’s strategy brings in a certain period of time. Is it at least 51% of success? Well done. You see changes in the methods your picked one applies compared to ongoings in the market, and you think that could mean that your trader follows what goes on? It probably does mean that, especially if you see any sort of logic there, such is some sort of a pattern of change. You see, when a trader sticks with a certain short-term strategy, regardless of its rate of success, it is doomed to collapse.