ZuluTrade Copy Trading Service
ZuluTrade is a cryptocurrency / forex copy trading firm with an up to date high quality trading service which is simple to use but also innovative in its nature. You can continue reading our ZuluTrade review below or click on the link to go to the ZuluTrade copy trading website now.
When a new concept starts becoming popular, you have many people saying many things about it. You can take the example of cryptocurrencies that were called a fad at some point.
However, people who called them fad are investing in digital coins today or looking for every opportunity to do that.
In a similar fashion, you will see a lot of people saying a lot of things about copy trading. However, I think there is a platform that proves all the negative talk wrong and you will know about it in this ZuluTrade review.
Do you have someone telling you that when you are copy trading you are actually trading blindly? You don’t know about your trades and someone else is taking decisions on your behalf?
Well, continue reading this ZuluTrade review to find out the truth.
You Choose the Trader
So when you trade manually, you learn to trade and then you pick the trades. You pick the markets you like, the assets that make sense to you, and then go for the trades that you think can make you money. Even then, your decision can be wrong and you can lose money.
This happens to every trader and investor in the world. You go through a similar process—the only difference is that in copy trading, you are doing that all for the copy trader.
You are going to pick a trader but you will have to make that choice after considering a variety of factors. Otherwise, you can end up in the wrong spot.
You have a list of thousands of traders and you can even look at their portfolios. You can see how well or poorly they are performing and only then make your pick. That’s not what I would call blind trading.
These Are Expert Traders
Despite you being able to pick the traders after looking at their trading statistics, there could still be doubt in your mind that the trader might make you lose money.
However, I have to disagree here and tell you that ZuluTrade doesn’t accommodate traders who don’t know what they are doing. First of all, let me clarify that the traders on this platform come from many brokers around the world.
Secondly, these are visible on ZuluTrade ecosystem after a period of time, not immediately and during the “sandbox” time their draw down needs to be in certain levels considered among the best brokers on their brokerage firms.
In other words, the list you see of traders consists of only the ones that manage to prove that they have a trading strategy that can perform in both ROI and risk management.
You can follow them because they have been trading for many years. They know what they are doing and they have proven methods of trading and making money.
When you follow them, you are following an expert who is there to make money for themselves. Don’t forget that Traders with real money accounts they trade their own funds, in some cases that’s more than 10k, so they have a lot to lose if they fail to perform.
In such a setup, there is no reason for traders to lose money intentionally.
Manual and Automatic Trading
While you can automate your trades on the platform, you have to know that the option for manual copy trading is also available on ZuluTrade. If you think copy trading isn’t giving you the control you want, you can go with manual trading as well.
As for copy trading, you can always change the traders you are copying or tweak your trading strategies based on their past performances. Don’t forget that you will have access to all the statistics that tell you how good or bad your trading strategies have been performing over the course of time. The platform here does not put any restrictions on how you can trade.
Now, if there is someone who always tells you that online copy trading is blind trading, you have many ways to prove to them that they are wrong. I also recommend that you visit ZuluTrade’s website to know more about the platform and how it works.
I am sure you will come to know a lot of things that will make you feel easy about copy trading.