How to Follow a Trader on ZuluTrade

IIn this video tutorial, we will show you how you can follow experienced traders on ZuluTrade and invest in top-performing strategies. 

First, you need to remember that ZuluTrade traders put their effort, time, knowledge, and professionalism into trading and share their investment strategies with people who may lack the time and experience to develop their own strategies.  

To browse the list of available traders on ZuluTrade, go to the top left corner in the Dashboard, and click on the Traders tab. 

There are two ways to follow a trader on ZuluTrade  

You can select an individual trader and click follow. Alternatively, you can select a combination of traders, as we covered in another video tutorial called How to Select a Traders Combo on ZuluTrade. By selecting a Traders Combo, you can diversify your investment portfolio and spread the risk of putting all your eggs in one basket. 

By default, ZuluTrade trades are sorted and listed based on their real investments, i.e. money. There are two information windows, the simple and the more detailed one, which displays the traders most essential statistical data, such as the percentage of their trades, average return and pips per trade. You can also find the profitability of their strategies in the advanced search window that enables you to search for traders based on specific criteria. 

To view only ZuluTrade traders in the top 100, click on the tick box. And then search. You can also use more than one filter. At the same time, before following ZuluTrade traders, always check their public profile and any additional information that will help you make the right decision. 

You can find a description of the trading strategy and data on the overall performance and other trading statistics, such as average return, volatility, and other parameters. Also, check the graph to collect information on the trader’s activity for a specific timeframe, such as what trades have been made or what recommendations have been provided

It is also good to check the individual reviews made by other followers and the ZuluTrade trader’s rating. You can find all that information in the social tab on the trader’s public profile.

Once you find the right ZuluTrade trader or a Traders Combo, you need to click on the Follow button, and that’s it. You will also need to choose the investment capital you wish to allocate to the particular trading strategy.  You can also browse the Advanced Settings and select specific requirements for following the trader. Once it’s done, click on the arrange button, and you’re done. The trader is now in your ZuluTrade account, and you can check the performance of your trading account in real-time. 

For more information on the world largest social trading platform, please read our comprehensive ZuluTrade review.

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Risk Warning

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in foreign exchange market trading, only genuine "risk" funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market. Forex Brokers and ZuluTrade are compensated for their services through the spread between the bid/ask prices or there may be a cost to initiate a trade through the bid/ask spread. Profit-sharing accounts are subject to a monthly performance fee per selected trading system.

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