Tuesday, September 8, 2009

ZuluTrade Review

ZuluTrade is a free service that automatically trades forex signals provided by third party signal providers. You simply pick one or more trading systems from the hundreds that are available and use Zulu Trade to automatically trade the signals given.

It's essentially a managed forex account except that you're in control. You control which signal providers to use and the lot sizes and ZuluTrade will automatically trade them in your account when the signals are provided.

You can choose from hundreds of different signal providers. To help you choose, there is a detailed performance analysis of each system including how many pips profit they've made, the profit total to date, the average pips per trade, the average time per trade, the win ratio, the maximum drawdown, how long the system has been running and how many other users are subscribed to the system. There is also a graphic of each systems equity curve so you can find those systems that have nice upward trends.

You can even find those systems that are performing poorly and reverse trade them, ie the system will automatically reverse the signals given so you can trade in the opposite direction and profit from their poor signals.

Overall ZuluTrade is a very innovative and exciting service and I highly recommend you check it out. Click here to find out more.

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