Forex by following signals

[tpot]

Please provide me with platforms that let you follow other traders signals and copy them. I would prefer this service to be free of charge , without monthly subscriptions. I already know of zulutrade and trying it out , so give me other options.

[johnshaw34]

You want too much. Everything must be paid.

[fx4nerds]

true, if you choose this broker aaafx - you get as well no commission fee on autotrading, full refund in case of high slippage and low spreads. I used to be with alpari.ru before but switched after i got burned many times.
As for other options like zulu....mmm let me think etoro but then they hit you with the spreads, all the other big names require some sort of monthly fee.

[tpot]

Ok i'll check up on this Etoro too , zulutrade demo seems very good btw , tons of customization options.

[adalina]

ZuluTrade :D :D

[Henriquefx]

Etoro uses the guru's system. Sincerely, I wouldn't trust my money to a free service :)

[tpot]

Henriquefx may i ask why you wouldnt trust something that is free? lol so you will trust it if it has a monthly subscription?

[Harvey]

Anything happen for the free pay, could not the best on process.... You can learn with demo accounts, but if you need to trade with software, have to find platforms for cost!

[tpot]

I dont have a problem with a free system as long as their service is running ok and suits my needs. I've checked etoro and it looks like a facebook for amateur trading commmunity , no good stats to check a provider , their oversimplified model is just not for my needs. Zulutrade is far better than that.

[Harvey]

Originally Posted by tpot

I dont have a problem with a free system as long as their service is running ok and suits my needs. I've checked etoro and it looks like a facebook for amateur trading commmunity , no good stats to check a provider , their oversimplified model is just not for my needs. Zulutrade is far better than that.

Have you gained benefit with this Zulutrade demo, or other free systems?

[fx4nerds]

Originally Posted by Harvey

Have you gained benefit with this Zulutrade demo, or other free systems?

hey harv,

how much are you making out of zulutrade, if it is not a secret?
:D:D:D

[Harvey]

Originally Posted by fx4nerds

hey harv,

how much are you making out of zulutrade, if it is not a secret?
:D:D:D

Sorry i'm asking whether you used zulutrade for the forex trade action... If any suggestion on trade support, share here!!

[Jayden42]

Haven't used ZuluTrade - but have seen it praised and suggested in forums I've visited. No personal experience, though. Sorry!

[fx4nerds]

Originally Posted by Harvey

Sorry i'm asking whether you used zulutrade for the forex trade action... If any suggestion on trade support, share here!!

sorry Harv, just got to see your msg,
Yes, i am having a follower live account for like a year now using the platform.
anything you need to know, do not be shy to ask :)

[reynuevo]

Originally Posted by johnshaw34

You want too much. Everything must be paid.

Yup I agree..

[tpot]

How are you guys performing in zulu? Got nearly 200$ in the last 2 days , not bad at all.

[reynuevo]

you can start your two weeks trial for 1$ at forexsignalsclub.com they deliver short term, midterm and long term Forex signals in real-time for up to 12 currency pairs with higher than 80% winning trades and less than 7%

[tpot]

Sorry but i'm in no way interested in your website. Why paying monthly subscriptions when i have so many free signal providers in zulutrade? Also your performance stats there are not transparent at all.

[fxturtle]

Hi All,

1. This is my live trading account linked to Forex Factory trade explorer. Username: Xtrader101

2. I decided to be a signal provided at Zulutrade to generate extra income. SP Name: Fxturtle

If you have the chance, please visit my Zulutrade accounts and if you like what you see, please follow me in a DEMO for at least 4 to 8 weeks, to see if you like my trading style.

Highlights of my trading style:

- Swing trader. Some positions are open for 2 to 4 weeks until TP is reached
- Maximum TP is 800 pips
- SL are between 60 to 150 pips, which depends on support / resistance levels
- No overtrading. Average trades per month is between 10 - 15
- Maximum open positions is 6 ( 3 shorts and 3 longs). Hedge positions is only for winning trades. No hedging for losing trades

[fx4nerds]

interersting strategies...so what will happen with my account, should i follow youj with small investment and the trend goes against me?
doesnt it mean i will have to be getting margin calls ?:eek:

[jefftimothy]

Originally Posted by tpot

Please provide me with platforms that let you follow other traders signals and copy them. I would prefer this service to be free of charge , without monthly subscriptions. I already know of zulutrade and trying it out , so give me other options.

In my broker there is no opportunity of copy trading. But I am a member of a facebook forex group. In this group the group leader give us forex signal in every trading day. I don't follow all of these signals. At first I verify is it good signal or not by analyzing chart.

[fxturtle]

Originally Posted by fx4nerds

interersting strategies...so what will happen with my account, should i follow youj with small investment and the trend goes against me?
doesnt it mean i will have to be getting margin calls ?:eek:

That's the reason why I always tell my followers or potential followers to follow my trades by risking 1% of equity or 1 microlot per $1K or 1 mini per $10K. If your account cannot meet that recommended capital, then my trading system is not suited for you.

Regards,
Fxturtle

[tpot]

What is the potential ROI of your trading strategy Fx Turtle? How much would a person expect to gain from following you with a 10k account , per month?

[fx4nerds]

well open a demo account and see for youself ;)
it will show you exactly...its hard to do the math without leverage and risk averse meter ....

[fxturtle]

Originally Posted by tpot

What is the potential ROI of your trading strategy Fx Turtle? How much would a person expect to gain from following you with a 10k account , per month?

I apologize that I cannot answer your question because I take what the market will give me and it also depends on the lot size you will be trading.

I personally do not measure my performance on a monthly basis because it is a swing trading strategy. There will be months that my system generates less than 10 trades and there are also months that it generates more than 15 trades. There will be a month that i'm losing, but the other months will make up for it and more. Bottomline, I take what the market is giving.

You can see for yourself how I am doing in my live account that I shared in trade explorer in forexfactory under username xtrader101. The trading capital for each account is $5,000, but only deposited a portion of it to my broker to mitigate broker risk.

Regards,
Fxturtle

[tpot]

No need for apologising fx turtle , and thank you for your kind reply. You gave me an honest answer and i respect that.

[fx4nerds]

why don't you do the backtesting - put an avg. amount of equty, trades to follow even slippage :D:D
you know there is no statistical way to get a 100% right answer but you can get a closer picture to what it can be.

[tpot]

Yeap i'm familiar with the backtesting tool , its very good and helpfull , i just wanted to hear from the trader himself , what is his opinion and etc.

[fxturtle]

End of October 26, 2012

FxTurtle
All long positions closed for a total pip gained of over 550 pips.

EURJPY was capped at 104.60, which coincides with the low made on April 16, 2012. Shorts were opened around 103.5 and stops above 104.5.

FxTurtle - EURUSD
All long positions closed for a total pip gained of over 220 pips.

EURUSD failed to break 1.3170 and broke 1.30 decisively to the downside. However, the price is bouncing off support / rising trend line. If the price break 1.30, our positions will be closed at 1.30, which is just above the the recent swing high made on October 25, 2012.

If you decide to follow, please follow with the smallest possible lot size until you're confident that I can perform according to your needs and comfortable of the way I trade. I want my followers to make money and have a long-term profitable relationship.

Regards,
FxTurtle

[tpot]

With this sandy hurricane no much trading was happening in zulutrade , but i've seen that they released a beta of their new website. Good stuff. Are you using the new or the old one ?

[fx4nerds]

both of them actually :D
still trying to get my way around the new features...btw what is this zuluguard about?

[bryanbian]

I earn a lot with ikonfx's mt4 trading platform

[tpot]

As i understand Zuluguard is a protection for you account , you can set the maximum amount of you pips that you are ready to loose , if your signal provider will cross the line then automatically your trades will close , not allowing to loose more than the amount you had set. You can also set it to automatically disable the loosing signal provider and add another one in his place that is profitable. I havent tried that one yet but i will.

[fx4nerds]

Originally Posted by tpot

As i understand Zuluguard is a protection for you account , you can set the maximum amount of you pips that you are ready to loose , if your signal provider will cross the line then automatically your trades will close , not allowing to loose more than the amount you had set. You can also set it to automatically disable the loosing signal provider and add another one in his place that is profitable. I havent tried that one yet but i will.

i think you should try it out asap. it is a good protection tool.
also, if you choose to have a suggested replacement, keep in mind it doesnt come automatically in your account, you need to approve it first, as it is totally randomly generated.

[spelamarela]

Interesting reading at this forum. I am new here and still looking for best FX signals provider.

I have found one interesting I think called Fxmasteratwork. What do you think about it?

Thanks for info!

[tpot]

Is that a signal provider from Zulutrade that you are talking about spelamarela?

[fx4nerds]

it is not a provider i serached for it and found nothing.
maybe it is not visible still ? :confused:

[GTOptions]

In forex trading business, it is necessary to follow the trading signals or indicators. In fact, these indicators are very much helpful for gaining huge profits. Since, these signals indicate you the right time for selling and buying currencies.

[flogger]

One tip, have at least a live trading account. And then average trading every month should only be from 11-14.

[adalina]

hello there floger,
how are you trading my friend? manually or auto? mt4 or zulutrade?
or both.....:rolleyes: