MaaTini Posted March 26, 2011 Share Posted March 26, 2011 Fellow Investors I would like to discuss a probably very interesting Matter I thinking about to use Zulutrader http://www.zulutrader.com/ to earn contantly Money through the Forex by experienced Traders What is ZuluTrade ? ZuluTrade bridged the gap between valuable information in money markets and trade execution, by converting the advice of professional and talented traders globally to an executed trade rapidly and automatically in your account (from supported brokers) There was a time when trading was a headache. Not anymore! You don't have to study or monitor the market to make a good pick, because hundreds of industry well-known experts from all over the world are doing it for you. All you have to do is pick the experts you like, and ZuluTrade will quickly convert their advice into live trades in your trading account directly with the broker. ZuluTrade receives rebates from the brokers, for the trades generated and splits them with the experts that provide the advice. Who is placing the trades on my account? Do the experts know about my account? None of the experts that recommend trades will ever know your account's existence. ZuluTrade receives their recommendations, and checks the experts you have subscribed with in your account profile, and decides whether or not to autotrade their advice in your live account using a secure direct connection with the broker's backend. ZuluTrade's patented engine places trades automatically with no human intervention. ZuluTrade service is server based, in other words you don't even need to have your computer on. How do I get started? All you have to do is provide ZuluTrade with the name and account number of the brokerage firm you're trading with. Sign and fax the LOD required by your broker, to authorize ZuluTrade to bridge the experts advice with your broker account. If it is the first time that you will trade online or you never had an on-line trading account with one of the brokers we support, then the first step is to open a new account.Here is a Facebook Account, where 1 Forextrader posts his recent Trades http://twitter.com/forexcube Of ccourse, there is also a Possibility to loose Money, but if we would choose the right Signal Provider, we would have a high Probability to stay in positiv Returns http://www.zulutrade.com/Performance.aspx anybody interested to discuss this Matter? Link to comment Share on other sites More sharing options...
tariq786 Posted March 26, 2011 Share Posted March 26, 2011 Demo Trade First. Link to comment Share on other sites More sharing options...
CaptHaddock Posted March 26, 2011 Share Posted March 26, 2011 Oh, "experts" is it? That's rich. Link to comment Share on other sites More sharing options...
Jingthing Posted March 26, 2011 Share Posted March 26, 2011 I was idiotic once to try a scheme like this. I only lost a few hundred bucks. I got off cheap! Link to comment Share on other sites More sharing options...
MaaTini Posted March 27, 2011 Author Share Posted March 27, 2011 Demo Trade First. thank you for your suggestion - and yes, I just opened a demo account I still study the facts of some traders in zulutrade what interests me most are traders, who are trading only 1 pair I assume, if somebody is trading - lets say GBP:USD pair since a longer time - this person might probably know all about historical, actual and upcomming trends just have a look at the mentioned forexfactory about this pair http://www.forexfactory.com/showthread.php?t=10378&page=18321 this memebers are doing nothing else than trading thiss pair - so their knowledge is great source of informations - and possible gains in any direction using zulutrader, I would be able to use their profound knowledge for my own good Link to comment Share on other sites More sharing options...
billd766 Posted March 27, 2011 Share Posted March 27, 2011 To be honest if these "experts" were really that good and successful do you think that they would still be in the business? Surely they would have made a pile of money and withdrawn from giving advice to keeping it all to themselves and getting even richer by doing it all and paying no fees to anybody. An old but true saying: If it seems to good to be true, it is. Run, don't walk away from it. There are only a very few people who are extremely rich by doing this. There are many poor people who are bankrupt through doing this. However somebody must be getting very rich. Link to comment Share on other sites More sharing options...
Darrel Posted March 27, 2011 Share Posted March 27, 2011 "Is It A Way To Earn Money By Doing Nothing?" There really is one born every minute, isnt there? Link to comment Share on other sites More sharing options...
Jingthing Posted March 27, 2011 Share Posted March 27, 2011 (edited) "Is It A Way To Earn Money By Doing Nothing?" There really is one born every minute, isnt there? Egg on my face. Yep. (OK, in my case, the marketing was much more sophisticated ...) Edited March 27, 2011 by Jingthing Link to comment Share on other sites More sharing options...
Khun Jean Posted March 27, 2011 Share Posted March 27, 2011 "Is It A Way To Earn Money By Doing Nothing?" There really is one born every minute, isnt there? I really start to think that is not accurate anymore. I suspect it is around every second. Link to comment Share on other sites More sharing options...
dressedingreen Posted March 27, 2011 Share Posted March 27, 2011 Couldn't possibly be a sales pitch in there ... could there? DIG Link to comment Share on other sites More sharing options...
Jingthing Posted March 27, 2011 Share Posted March 27, 2011 (edited) Here's a better idea. I tell you what to invest in, buy point and sell point. When I say buy, sell. When I say sell, buy. You will make a fortune (and I only charge 20 percent of profit). Contact me at boogietraitor at dreamon.com Crazy as my proposal sounds, it's probably a better chance than Zulu. My first trial trade buy Krispy Kreme Doughnuts Stock Price (KKD) open of market Monday Edited March 27, 2011 by Jingthing Link to comment Share on other sites More sharing options...
janverbeem Posted March 27, 2011 Share Posted March 27, 2011 Here's a better idea. I tell you what to invest in, buy point and sell point. When I say buy, sell. When I say sell, buy. You will make a fortune (and I only charge 20 percent of profit). Contact me at boogietraitor at dreamon.com Jsut sent you an email but it got returned as non existing email address. Please send me a PM as i'm interested in your Scam scheme. Link to comment Share on other sites More sharing options...
Jingthing Posted March 27, 2011 Share Posted March 27, 2011 Believe me, I have a long track record in losing trades! Link to comment Share on other sites More sharing options...
Firefan Posted March 28, 2011 Share Posted March 28, 2011 I can see it already: "Jingthing's going SHORT trading program"! Just do the opposite! He,he - appreciate the honesty - one of the reasons I always enjoy your posts! I have had periods where I felt the same way (and my job involves portfolio management - however I do not get involved directly with currencies -too much politics, pride, government manipulation involved for us mere mortals! ) That said; if somebody came to me with "casino money" - and did not want to go for casino odds (unless u count cards, or is a very good poker player of course) I actually think that, currencies is an ok gamble(not investment!). Odds are 50/50 from the start - beating any casino game (the ones where no skill involved) and if one then add the "skillful" traders edge from the above or other "free" service (and deduct the loss on the spread mentioned in the small print) there might actually be a small edge left. What I DO like about it, is that you actually have to open a real forex/other broker account - so there is no direct link into your cash, except for losing it trading of course - but at least not an obvious rip off. I might give it a shot in my personal "casino" account and report back! Cheers! Believe me, I have a long track record in losing trades! Link to comment Share on other sites More sharing options...
RoyHarsip Posted March 28, 2011 Share Posted March 28, 2011 "Is It A Way To Earn Money By Doing Nothing?" only Presley, Jackson & Lennon (to name few) are doing precisely that.... . Link to comment Share on other sites More sharing options...
PoeDogg Posted April 12, 2011 Share Posted April 12, 2011 Read this about ZULU: http://www.elitetrader.com/vb/showthread.php?threadid=218663&perpage=6&pagenumber=1 I have followed a cople of forex "traders". (The below figures are all based on 1 lot trades.) The first one I paper traded for a month then went to actual trading. 1st month: +$4,000USD, 2nd month: +$3,000USD, 3rd Month: $0USD, 4th month: -$3,000.....cancelled after that. Just looked for his website but couldn't find it....might be a good thing. After lots of searching I found another trader and TEACHER who had many, many great reviews all over the web. I sent a few emails back and forth with him, and finally sent my sign-up fee ($800USD)......he had no free trial and no Paypal account....I will never signup for anything that doesn't have both of those again. Never heard back from the guy after he got my money. Spent a couple of months working with my bank and finally got it back, but I had to pay for the wire transfer being sent both ways! Starting looking around the net and found out that many people had just lost contact with the guy about the same time, and that some had gotten into a "fund" he started after flaunting his trading/teaching for a year. He keep the fund going for another year, getting more customers that disappeared. The minimum to get into the fund was $50,000USD! Last week I had a guy in his 30's give me a website that he uses. Says he has been paper trading this womans trades for 6 months and they have done very well. http://www.rts-forex.com/ She has a two week trial that I signed up for, and the trades are also doing well. Will continue to follow for a few months. Oh, the trades come in at 4am Thai time. But, what I really want is a TEACHER for forex and the S&P 500 emini futures......I have yet to find one. I have one for U.S. S&P 500 stocks that I have followed since May 2009, and he is awesome.... www.DayTradingRadio.com Have started applying his trading rules (tweaked a bit to my conservitive liking) to swingtrading forex majors since Jan. of this year and will continue until the end of the year, then review the trades and notes....but so far, doing great. My routine: On Sunday & Wednesday go to http://www.freestockcharts.com/ I have the forex majors set up in my "portfolio", so just takes a few seconds to flip thru them.....best part is it's FREE! I use the 3 month charts....sometimes if I need a better picture of a longer trend I will peek in on the 6 month chart. My rules (In order): 1. Stochastics have to be overbought for a short trade or oversold for a long trade. 2. Trade direction (long or short) HAS to be in the direction of the trend....if trend is side ways I will go either long or short. 3. Price action has to be in a pattern (I prefer up, down or sideways channels) and have a trendline for support that the price is on or near. 4. Moving Averages: I use the 20, 50 & 200 EMA's. Have to have at least one of these for support; of course the older the better. Really like having the 200 for support, and if it is under my support trendline, I will use it as a stop. Hope all this can help someone out....good luck in the forex world.....it is a melting pot of scammers. Link to comment Share on other sites More sharing options...
Chivas Posted April 12, 2011 Share Posted April 12, 2011 Zulutrade is genuine. The money they make is through the "spread" on every trade.Theoretically if the "experts" do produce good ongoing results then they are rewarded by traders placing more business. I might add that at the bottom of their home page is one of the most strenuous warnings towards forex trading.Look for yourselves.Interesting. Link to comment Share on other sites More sharing options...
Chivas Posted April 14, 2011 Share Posted April 14, 2011 Have brought this thread to the top. Have spent 24 hours playing with a Demo account. The site needs tweaking in that you're virtually on your own working out how to trade with signal providers. Imagine many have left as its not clear. However the principle of the site is brilliant. Will report back in 30 days when demo account expires. Absolutely worth a look (from an experienced spread trader) Link to comment Share on other sites More sharing options...
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