Enjoy The Life and Make Money on Forex Market

If you are that kind of person who likes to enjoy the life, leaves all hard work to others and only collects profits than we have a great tip for you.

You can make money on forex market. Simply by autocopying a signal provider "Enjoy The Life" on largest social investment network Zulutrade.  Below you can see trading performance of this forex trader.

How it Works?

It is simple. Just join Zulutrade and add "Enjoy The Life" to your portfolio. Then you set your lot size and from that point all trades performed by this signal provider will autocopy on your trading account.
And you can sit somewhere on the beach, enjoy your favourite drinks and money on your account will grow.

Isn´t that cool.

Enjoy The Life and leave forex trading to experts.

Diversify Your Stock Or Bonds Portfolio By AutoCopying Best Forex Traders

During hard times, economic crisis and unstable markets it is a good idea to diversify your stocks or bonds portfolio. But people are asking what other diversifying options beyond stocks, bonds or commodities are out there. Before I explain the idea of auto copying best currency (forex) traders, let´s see what more classical diversification options you have for investing in 2013 and beyond.

REITs – Real estate investment trusts can provide you a stream of income as well property ownership.
Master Limited Partnerships – MLPs are mainly involved in the oil and natural gas pipeline business.
Preferred Stock – This is a hybrid security. It offers dividend payments and also limited voting rights, but is sensitive to interest rates and so you should monitor it for credit quality.
Annuities – These are contracts that will bring you an income stream over a certain period of time. They have an advantage that they can guarantee you a minimum level of return.
Precious Metals – Gold’s value is historically correlated to currency valuations over long periods of time. Over shorter periods, it is influenced by shifts in sentiment. If you do not wish to bother with buying physical metals, consider investing in ETF.
Commodities – A basket of well chosen commodities, like precious metals, energy (e.g., oil) or agricultural goods (e.g., wheat) provides a hedge against inflation. It also lowers the volatility of your portfolio holding only stocks.

Currencies – Foreign currencies can help protect your portfolio against fluctuations in the U.S. dollar. But they can also be used for a long or short term trading. Forex market is huge with billions of dollars traded on a daily basis. Traders are able to profit when markets go up (long positions) but also when markets go down (short positions) and thanks to a use of leverage their profits can be very lucrative compared to other investment vehicles.  But trading on your own can be very hard and risky if you do not know what you are doing.
And here comes your diversifying opportunity for 2013 and beyond.  If you simply do not know how to trade currencies or you do not have time to do that you can take advantage of fast growing and popular forex social investing networks. They allow you to create your own portfolio of best forex traders and auto copy their trades on your trading account.
One of the largest forex social investment networks is Zulutrade. This company was founded in 2006 and created bridge between forex traders (signal providers) and followers (people who copy other traders). There are thousands of signal providers you can choose from by different criteria like: overall profit, average pips/trade, maximum drawdown, number of open trades, minimum necessary equity, win% , number of followers and more. Each trader has detailed statistics that will tell you more about his trading style, strategy, risk and money management. Zulutrade uses advanced formula to rank all signal providers. Visit Zulu ranking to see best performing forex traders.
As this article is about diversification, I encourage you to check our other article published lately. It is about managing your risk by diversifying your investment by auto copying  more than one signal provider. It can be an eye opening reading that will show you how you can acheive returns like 300% p.a. while your risk can be very low.

Forex Live Trading News Today

Enjoy our live forex trading news feed provided by awards winning international broker InstaForex. News are updated every 30 seconds. <a href="http://www.instaforex.com/">InstaForex portal</a>

How To Earn 100% ROI Profit Risk Free in 2013

Here is a quick tip that can earn you 100% profit in 2013. You can do it by copying other profitable traders on one of the largest forex social investment networks Zulutrade. There are thousands of traders (signal providers) to choose from, but to make 100% profit you can use a simple diversification strategy. Follow and copy first 15 traders in Zulutrade ranking. See the screenshot below for real data earnings. That would be your profit if you have followed those traders. (click on the image to enlarge)



Play with Zulu simulator yourself to better understand the potential. As you can see you would set your lot size for almost all selected traders to 0.01 (1 microlot) so your investment would be very secure. Also as you can see from the graph, your maximum drawdown for the full time period would be very low, always much less than 10%. You can also add more providers as Zulutrade has no limit how many traders you can copy. To select other signal providers click on TRADERS and then on SIMULATE. You can create your own investment portfolio that suits your risk preferences. You can choose more risky traders and your profit can be more than 100%.

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

Denganyouqianle Review Februar 2013

It is february 2013 and this is a review of Denganyouqianle, Zulutrade signal provider.

This trader has been trading for 92 weeks. He used to be Zulutrade #1 with earnings almost 6,000 pips.
His max. open trades is 8. He was growing very well, but ast month he left his trades run to deep loss and he lost in one month what he was earning for one year.

So his current maximum drawdown is 3,8k pips which is too much.

However he still has more than

Please note that this ZuluTrade trader review is included here for information purpose only and does not constitute advice. Trading in leveraged FX product is highly risky and always consult an independent financial advisor if you’re unsure whether trading on ZuluTrade is right for you.

We hope this review was useful for you and would like you to take a look at our own signals provided by Silver Investment Fund. See stats below.

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

Zulutrade Forum

There are thousands of Zulutrade signal provider and also thousands of followers.
So there is a lot of discussion going on on this topic.
Therefore we have opened a new Zulutrade forum, where you can discuss anything about Zulutrade, followers, traders, strategies, lot sizes etc. If you are a signal provider, you can start your own topic and promote your performance.
If you are a follower you can find best reliable traders to follow via our forum.

Simply visit our forum and post your questions.

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

FX Master 2.0 - Zulutrade Signal Provider Review

This review is written in february 2013. We are reviewing FX Master 2.0,  Zulutrade signal provider.
Currently is #4 in Zulutrade ranking.

The Wolf Pros:

- high profit in pips

- average 19 pips per trade

The Wolf Cons:

- big DD..so far max. DD was 3.14k
- max. open trades: 23

Review summary:

Earning 12k pips in 54 weeks - FX Master 2.0 is now sitting 4th at Zulu Rank. He has 495 followers with over $600k on their accounts.

He has been trading at Zulutrade for 54 weeks so far. All months except 1 were profitable, which is good.
However, if you choose to follow this signal provider, you should set your lot size very carefully as he trades with high risk, just check his drawdown history. His max. DD so far was 3,14k pips which is very high. So according to his Minimum Necessary Equity stats you should have about $630 for every microlot you trade.

Please note that this ZuluTrade trader review is included here for information purpose only and does not constitute advice. Trading in leveraged FX product is highly risky and always consult an independent financial advisor if you’re unsure whether trading on ZuluTrade is right for you.

We hope this review was useful for you and would like you to take a look at our own signals provided by Silver Investment Fund. See stats below.

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

FXApprentice - Zulutrade Signal Provider Review

This review is written in february 2013. We are reviewing FXApprentice,  Zulutrade signal provider.
Currently is #5 in Zulutrade ranking.

The Wolf Pros:

- high profit in pips: 14,000

- 52 trading weeks

The Wolf Cons:

- big DD..so far max. DD was 3.06k
- max. open trades: 30

Review summary:

Earning 14k pips in 52 weeks - FXApprentice is now sitting 5th at Zulu Rank. He has 151 followers with over $60k on their accounts. This information shows that he is not very popular as signal providers that manage to position themselves to TOP5 usually have much more followers, however this number will grow fast if he manage to stay on top for a while.

He has been trading at Zulutrade for 52 weeks so far. All months except 1 were profitable, which is good.
However, if you choose to follow this signal provider, you should set your lot size very carefully as he trades with high risk, just check his drawdown history. His max. DD so far was 3,14k pips which is very high. So according to his Minimum Necessary Equity stats you should have about $825 for every microlot you trade.

Please note that this ZuluTrade trader review is included here for information purpose only and does not constitute advice. Trading in leveraged FX product is highly risky and always consult an independent financial advisor if you’re unsure whether trading on ZuluTrade is right for you.

We hope this review was useful for you and would like you to take a look at our own signals provided by Silver Investment Fund. See stats below.

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