Stocks, Forex and Other Money Matters

A few days ago I did a review on Zulutrade, a hybrid forex signal cum account management network. Today I wanted to point a few things you can do to maximize your profits.

Firstly, remember that you can choose whose trade you want to follow (Zulutrade system will do autotrade for you). You are not limited to just one…But from what I observed if you choose too many, your profit potential will be capped. 3 is a nice number to start with.

Secondly, you have to set your trade limit. Set 1 or 2 trades per signal provider and remember to allocate the lot size.

Lastly, the most important and obvious reminder is to always set stop loss to your trade…no matter what other say..It can save your account and you from unlimited losses. Even if you dont believe in stop loss… Set a big number to it..if u want..say 200 pips.

Check out how those traders perform weekly here

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