Top 5 Social Traders On Zulutrade

There has been couple of changes to the Top 5 on Zulutrade. Best Zulu social traders are changing very often so there is no surprise we have a new signal provider in the Top 5.
This newbie is a canadian trader Forex Anomaly. There are also 2 russian traders which are actualy one person (Kama-Spot and Saved FX) and also 2 chinese traders.
Our well know trader F8 has suddenly dissapeared from second place as he is currently busy fighting against strong GBP/USD trend with 3,500 pips drawdown.

If you wish to read more, click the following link: Top 5 Forex Gurus On Zulutrade

AutoCopy Our Trades Silver Investment Fund offers: - Professionally managed forex fund - High Profits - Low Risk (only 1% per trade) - Free Signals - Auto Trading - Low DrawDown - High Returns Click below and simulate your potential profits: Silver Investment Fund Profit Calculator

7 Secrets of Successful Traders

How Big Traders Got Big : What the Journeys of Successful Traders Have in Common

One of the most common things new traders want to learn is what steps they need to follow and how much time it will take them to become successful traders. Naturally, the answers to these questions are extremely varied and it will depend on how they want to become successful and what they perceive as successful trading. However I wanted to know if there was a common denominator to success and if the journey to get there was market by some well defined “steps” that I could share with my faithful readers. Upon studying the biographies of several accomplished traders – like George Soros and Warren Buffet – and personally asking several traders I know -who manage funds with more than one million dollars in capital- I think I have come up with a pretty straight forward list of what their journeys have in common. You will see that most traders who achieved success got there through some pretty well-defined steps that are certainly far less incredible and rare than what most people think. After reading this post you will see that only a few qualities actually separate those who fail from those who enjoy lasting success in various forms of trading.

But what is success ? What would you describe as success in currency trading or even trading in general ? Some people may say “trading profitably for one year”, others may define it as “living from trading” while others may define it as “gaining at least X% each year”. For simplicity I decided to consider a definition of success which I think encompasses all of the above since – to reach it – one requires to be profitable and to make the prospect of future profitability believable to other people. This mark of success is the achievement of a one million dollar trading capital. For the purpose of this article I consider successful traders those who get to manage more than one million dollars within their trading career.

The next step of my journey was to go through each story I could find of a trader who I know achieved funds with more than one million dollars and see if all the stories shared something in common. What do all these people share along their journey for success ? Here are some of the truths I could find.

1. Most seem to have started with accounts from 1000 to 5000 USD. Certainly this may be shocking to some people out there who say that it is impossible to grow accounts to huge proportions and that it is a “dream” to believe that a person can make a living when starting from a small investment. The truth is that many stories start with someone who saved a few thousand dollars to start trading or someone who traded a small fund from a sibling.

2. Starting age and success are inversely proportional. Another interesting fact here is that the success of most of these traders seems to be correlated with the age in which they started to get into the trading business. The most successful – the ones managing more than 100 million within their careers – seem to have started very young, even before 20, while the large majority seem to have started between 25 and 35 and none – from the research I did – started after they were 40.

3. It took most of them between 5 and 15 years to get to the first million in trading capital. After starting to trade their first account it took the large majority between 5 and 15 years to get to manage their first million dollars. This shows that patience and dedication are tremendously important since “giving up” was not an option for any of these successful traders. Sticking to the plan, learning and battling to become a better trader is a key to their success.

4. Their average compounded yearly profit to maximum draw down ratio never exceeded 4 to 1. The track record of this extremely successful traders show that indeed the market offers no miraculous opportunities and that the expected profit the market is giving traders is effectively capped by the market exposure of any discretionary or mechanical strategy they use. Most of these traders succeeded with discretionary strategies but a few did using mechanical systems and in doing so they showed that in the end the market limits profitability.

5. Their average compounded yearly profits were always below 50%. None of these successful traders ever achieved an average ten year compounded yearly profit higher than 50%. This shows you another very important aspect which is that large profits can be gained but in doing so adequate precautions have to be taken to limit the amount of draw down. The effort done to reduce the maximum draw down of a strategy inevitably reduces the profitability as well making most of these successful traders fall more between the 15-25% average compounded yearly profit after ten years. This is something that new forex traders could definitely learn about since it shows by example that reward and risk are inevitably coupled and that considering a 20-30% monthly profit “realistic” is a terribly big mistake as in the long term these figures have clearly not been achieved.

6. They didn’t use large risk to reward ratios or martingales. From the traders I could study and the trading strategies they used it is absolutely evident that not a single one of them became successful through the use of either martingale (or any progressive lot sizing strategy) or strategies with risk to reward ratios higher than 2:1. The story that repeats itself over and over again is that success in trading comes from putting capital preservation first, cutting losses short, letting profits run and getting into high probability trades which are eliminated quickly if they turn sour.

7. From that first million dollars, most capital wasn’t theirs. Perhaps a little surprise comes from the fact that the large majority of the initial million dollars achieved by successful traders was actually not theirs but managed capital. This means that traders were getting money from people who knew their track record and wished to invest with them. It becomes clear again here that large amounts of money are made in trading by managing other people’s money instead of compounding one’s own gains. This makes perfect sense as there are many people in the world who have money and look for good returns and profitable traders with 5-10 year track records ( a very odd thing to find in fact) tend to attract this capital extremely easily, even if their average compounded yearly profit is actually just above 10%.

The story tends to be rather simple. Most successful traders start with little money, then they develop their trading skills and as their accounts grow they start to manage other people’s money and become more and more successful. The story of successful traders is not about making 20-50% a month, it is not about making 1000% a year without a 5% draw down, it is a story of risk control, of discipline and of perseverance. The people selling forex products have managed to distort this view into something it is not by telling people they can grow money without working, without understanding and with just a very small investment. Yes, becoming a millionaire from a few hundred or thousand dollars is possible but the journey is very different. The lesson we can learn here from successful traders is that money comes from showing that you can make money in the long term and then using other people’s money to exercise those skills.

AutoCopy Our Trades Silver Investment Fund offers: - Professionally managed forex fund - High Profits - Low Risk (only 1% per trade) - Free Signals - Auto Trading - Low DrawDown - High Returns Click below and simulate your potential profits: Silver Investment Fund Profit Calculator

Invest 300 and AutoCopy Best Traders

If you wish to invest 300 for maximum profit consider following offer.

Visit this link and you will see how much you could earn if you invested 300 and autocopy our forex trades.
You can play with the simulator a little and find the best conditions that suits your investing strategy.

If you like our forex trading strategy, simply visit our stats page, open your new account, deposit and invest 300, add us to your portfolio and our trades will autocopy on your account.
Then you can simply sit and watch your profits grow.

If you have any questions, contact us or discuss them in our forum.

Best Trader Zulutrade

Best Zulutrade Trader should probably be TOP1 in ZuluRank, right? But we have seen many times that very risky signal providers and traders can get to top of Zulu ranking for a while.

So how do we find Best Trader Zulutrade?

Let´s examine this a little.

I think that best Zulutrade trader should meet this criteria:

1) Low Drawdown: less than 10%
2) Healthy average pips/trade ratio: let´s say 25pips/trade or more
We do not want some scalpers that offer 2-4 pips/trade
3) Best trade > Worst Trade
4) Max. open trades: not more than 2
We do not want those SPs with 15-30 open trades at the same time
5) Max DD in pips < 100 pips
Some traders has low DD in % but when you check their DD in pips it can be in thousands.

When I put these criteria to Zulutrade advanced search, best trader I received was:

Silver Investment Fund

I believe that if this trader continues like this he will soon become TOP1 Zulutrade Trader.

How To Identify Reliable PAMM Trader?

What I have realized while browsing forums is that there are many PAMM traders promoting their PAMM accounts in different topics and threads. (just like me, lol )

What you see is that many of them are in profit in the time of topic launch, but when you come to that topic couple of weeks or months later, you can find many negative balances or wiped out accounts. (hopefuly, it will not happen to me :D)

The thing is that many people is looking for good and reliable PAMM traders, so I decided to put some rules together that will help you indentify really reliable PAMM traders.

Here they are:

1) Overall profit
This is a must. Look for those who are in profit

2)Simple rating
The higher number the better. However there are also reliable traders with lower rating because they do not have long history of their account. So do not overlook them. Also someone with high ranking can be sinking, if he changed his strategy or used some "good luck" strategy before and how his luck is gone.

3) Number of trades
Consider traderr results according to this. Someone with huge profit but only couple of trades may not be better than someone with lower overal profit but hundreds of trades

4)Current and history investments
Check these tabs to see if he made any profit for someone.

5)Balance & Equity tab
this can be missleading when he has big cashflow (invest money in and out)
better see Profit Tab of his chart

6)Profit tab
Here you can see his real profit or loss. What you also should be looking for is balance (green line) vs equity (red line) see image

If equity line is very down below balance line, that means this trader is having bid drawdown and can risk your money.
If you place your mouse cursor over some point on green or red line, you will see balance profit and equity profit in %
Some traders are having 40-60% drawdowns which is very risky.
Their accounts are in overall profit, but when you check their profit chart you can see that they let losing trades run without stoploss and were just waiting to market reverse to take small profit. These drawdowns can wipe your account.

7) Margin
On the profit tab you can see blue columns showing margin used for trading.
If it is high , it means trader opens many trades at the same time or use oversized lots. Both mean higher risk for you
Some traders use 80% margin or more which can cause a margin call on their account and broker will close trades even they are in loss

Well, I hope this helps you to choose right PAMM traders and make some money

Click below to see my PAMM stats or discuss in forum

Top Forex Traders In The World

Who are top forex traders in the world? Well, there is no official ranking for currency traders. We also do not know how much best traders made trading forex market.
So it is not easy to answer this question. I understand that people are curious and would like to know answer to this question. But unfortunately nobody can answer this question.

However, to give you some idea about how top forex traders in the world might look like and how much they could be earning, I will provide you with some statistics.

If you click following link you will get to Zulutrade performance page where you can see top forex traders that offer their trading signals.

These statistics shows info like:
ROI
profit
max. drawdown
number of trades
MNE
followers
ammount following
longetivity

and more

So check Top Forex Traders In The World listed on Zulutrade.

You can discuss this topi on our forum

Professional Forex Trader on Zulutrade

There is a new professional forex trader that is offering free and safe signals on Zulutrade.

Strategy Description:

Silver Investment Fund (SIF) is a professional forex trader. He trades 2 currency pairs: EUR/JPY and GBP/USD. His strategy is a trend following price action system. Technical analysis are made on 4 hour charts. He opens max. 2 trades at the same time, one for each currency pair. New trades can be open when the old ones are closed. Each trade has a fixed stoploss, that is max. 30 pips. Target profit for trades is not set, because manual trailing stop is applied. This way, trader can secure maximum profits , while losses are cut small.

Investors (followers) of this professional forex trader are strongly advised to set their lot size according to SIF´s statistics (Max. DrawDown and Necessary Minimum Equity). They should check SIF´s Winning Trades Ratio and Trading History, so they can  have a clear idea about past and potential losing streaks. Be sure that winning trades always outweigh those losing ones.

As a rule of thumb, followers are recommended not to risk more than 2% of their trading capital. If they wish to keep the risk to minimum level, it is best to set lot size to 1% per trade.

Final Note: SIF is a professional forex trader and his goal is to secure a long term profitable investment for followers and investors on Zulutrade. Those seeking get rich quick schemes or 100% winning ratio should look somewhere else.


See SIF performance page  or Simulate your portfolio to see possible earnings.


Discuss your thoughts on Forex Investment Forum

Professional Currency Trader On Zulutrade

There is a new professional currency trader that is offering free signals on Zulutrade.

Strategy Description:

Silver Investment Fund (SIF) is a professional currency trader. He trades 2 currency pairs: EUR/JPY and GBP/USD. His strategy is a trend following price action system. Technical analysis are made on 4 hour charts. He opens max. 2 trades at the same time, one for each currency pair. New trades can be open when the old ones are closed. Each trade has a fixed stoploss, that is max. 30 pips. Target profit for trades is not set, because manual trailing stop is applied. This way, trader can secure maximum profits , while losses are cut small.

Investors (followers) of this professional currency trader are strongly advised to set their lot size according to SIF´s statistics (Max. DrawDown and Necessary Minimum Equity). They should check SIF´s Winning Trades Ratio and Trading History, so they can  have a clear idea about past and potential losing streaks. Be sure that winning trades always outweigh those losing ones.

As a rule of thumb, followers are recommended not to risk more than 2% of their trading capital. If they wish to keep the risk to minimum level, it is best to set lot size to 1% per trade.

Final Note: SIF is a professional currency trader and his goal is to secure a long term profitable investment for followers and investors on Zulutrade. Those seeking get rich quick schemes or 100% winning ratio should look somewhere else.


See SIF performance page  or Simulate your portfolio to see possible earnings.


Discuss your thoughts on Forex Investment Forum

Zulutrade: Auto-Rotate Traders

ZuluTrade will detect the change of strategy of any trader in your portfolio at any given point, based on proprietary indicators gathered from over 70,000 trader portfolios. When the red line will pass the blue line, the trader will be removed instantly from your portfolio and all positions will be closed, to further protect your account.

ZuluTrade will then pick another trader to replace the previous one removed, based on the ZuluRank with the same or better ranking in your portfolio! You can modify this function in your settings!

Mr. Ahmad Ariff - Forex Trader Who Earned A Million Dollars With InstaForex

This video shows a real forex trader: Mr. Ahmad Ariff who managed to make more than a million dollars trading with InstaForex. Video was shot during 2012 InstaForex Grand Dinner event in Kuala Lumpur, Malaysia, where 750 traders were presendt

Trade Forex Like Trader Millionaire Ahmad Ariff. Open Your Forex Trading Account Via Following Link And Get $5 Cashback On Every Trade (stand. lot size): http://instaforex.com/?x=ytrab

Plus you will get 30-40% bonus on every deposit you make.

Video: What Does it Take to Become a Successful Trader?

You simply have to see this video if you are struggling with drawdowns, losing streaks etc.
You will realize that these things are normal and that even best funds manager who averages 25% per annum
had during his 20 years career periods with 4 or 5 losing months in a row!!! But despite of that he was able to turn $10k into more than $400k in 20 years.
This video is real eye opener...enjoy.

P.S. If you are looking for ways to increase your profit, try InstaForex Broker.
You will get 40% bonus on each of your deposits!