Author Topic: Forex copy trading (Read 823 times)

felix · « **on:** Jul 10, 2012, 05:43 PM »

Hello forum users. I would like to listen to your opinions about forex copy trading services. One example is zulutrade , where you can copy trades from other traders automatically in your account , which basically means if the trader is good then you will gain profit without doing much from your side. Have any of you tried that kind of services?

Prospera · « **Reply #1 on:** Jul 11, 2012, 09:12 AM »

I've not tried copying anyone's trades, at Zulu or anywhere. But it apparently works for some people. As with any kind of business, though, you need to have at least a basic understanding of forex-trading to put the odds in your favor.

felix · « **Reply #2 on:** Jul 11, 2012, 06:01 PM »

As long as zulutrade dont require proffesional knowledge of forex markets i'm fine , i can cope with some basic forex education.

charm0406 · « **Reply #3 on:** Jul 28, 2012, 09:59 AM »

etoro offer that services too, but i haven't tried it because they have a strategy that we don't know and because of that ignorance we are unable to judge correctly if we have to stop the loss already or not.

ferrariEverest · « **Reply #4 on:** Jul 28, 2012, 10:16 AM »

^ then it's sensible to stop trading. get knowledgeable first.

DPT96Strategy · « **Reply #5 on:** Aug 09, 2012, 11:10 AM »

I have a ForexCopy account at instaforex and I can say it's better than PAMM account because if you are an investor or follower you are in full control of your fund and account and no lock-in period and if you have bonus for posting account you can also join in ForexCopy.

This type of investment is best suited for traders who make consistent losses for a couple of months and years now. The good thing is you can study the strategy of the trader how he conduct the trades and apply it to your own trading strategy. It's good that while you are still developing your own profitable trading strategy you can start to make profit in forex now.

By the way, if you want to copy my forex trades automatically, you can do it by subscribing to my ForexCopy account, just check the details below.

Forex Broker: Instaforex
Trading Platform: Meta Trader 4
ForexCopy Acct#: 1132659
Starting Fund: $100.15 + $57.80
Starting Date: May 5, 2012
# of Withdrawals: 12x as of August 3, 2012
Maximum Drawdown: -94.06% - May 14, 2012 the losses are fully recovered in profit last July 2012
Profit to Date: +104.50% as of August 8, 2012
Minimum Fund to Invest: $13 recommended lot 0.01
Follower Link: http://instaforex.com/forexcopy_monitoring.php?trader=1132659

I'm currently trading $1,235 worth of accumulated bonus for posting on my 3 live trading accounts for the past 5 months and if you want to get free $0.20 bonus for every post PM me. Add me on facebook if you want to message me http://www.facebook.com/nick.palencia?ref=tn_tnmn

batangpromdi · « **Reply #6 on:** Aug 09, 2012, 12:35 PM »

di ba libre po yung zulutrade? pwede kaya dun na magbasa ka na lang ng trades at hindi mo na i-link sa forex account mo?

Prospera · « **Reply #7 on:** Aug 09, 2012, 01:03 PM »

^Hindi siguro p'wede. I think Zulu only sends signals to those with registered live accounts. Since subscriber fees are not charged, they (Zulu and the signal-providers) earn from the spread tacked on to the linked account.