Or you might just be hanging in there..Winning pips consecutively but then having to face that one monster of a trade which goes against you and wipe out your account. One month after you are back again with the determination never to let it happen again, but repeating the same old mistakes again and again.

I have little over 100 mails dropped into my inbox by traders through out the past 2 years. Except for few isolated cases everyone is barely making it. Forex trading is too much work. It will give you many sleepless nights due to 24 hour trading cycle. When you are in sleep, something major can occur in another part of the world and you wake up to see a mess.

What if you can make world’s best traders trade for you. What if whenever they open a trade on their account, the same trade is copied to your account. The only work you do is watching your account grow and send withdrawal requests… whenever you want.
Thanks to Leon Yohai’s ZULU Trade network, NOW IT IS POSSIBLE.

ZuluTrade is a hub of professional Forex traders who provide signals. Most of them trade for a living and you can check their trading history and many vital information before deciding to follow someone.

This is where we have to do little work. It is not as difficult as finding the perfect trade, but do put your research hats on. No system is foolproof. Your success will depend on the people you decide to get signals from. Select wrong providers- say good buy to your account.

Zulu has it’s own ranking system for signal providers. You would think if you add people from top 10 or top 20 your job is done. Far from the truth. You have to analyze each trader to suit your style of trading. They should be able to match your account size.

Not everyone starts forex trading with $10,000 standard accounts. If you start with a $500 and due to your signal providers large draw downs your account may go busted.

Let’s take a look at current number one ranked signal provider, “Forex Cruise Control”. Let’s see what are the data available to do our research on signal providers.

You can see he has a winning percentage of 74%. And a maximum draw down of 1060 pips.

As you can see “Forex Cruise Control” has a maximum draw down of 1060 pips in his trading history. Draw down happens when a trade goes against you. Draw down of 1060 pips means $1060 negative gain if you trade standard lots. If you trade mini lots it would be $106.

When your account balance is smaller than the drawdown, the trades will be closed and you will have to bear the loss. Even if signal provider sees a recovery in his large account you may not see any recovery as you may not be able to have open trading positions beyond 1060 pips.

That is why it is important to analyze your provider’s performance before adding them. You can add your own stop loss levels to prevent a trade go beyond what you can afford to loss.

You can check the signal provider’s trading history at the performance page. You can monitor every trade they have executed since the beginning.

I am putting my money where my mouth is, and I have enabled all my forex trades visible to all of you. Me and my fiance are operating the signal provider account “littlestar” and following is a screenshot of our recent trading history. You can check the complete trading history here.

The beauty of ZULUTRADE is you can have a one month demo run before investing a cent. This way you can have a demo account to the size you wish to invest and add signal providers of your choice and see how they perform for a month. If you are satisfied, you can go live with the same settings or you can make changes from what you have learned during the demo run.

To open a demo account, Go here,
And select “OPEN Account” from the top menu. The second tab from the left.

Click ” Get a free Demo account”

In the “Balance” field it is better to put the amount you are actually going to invest. Be it $100 or $10,000. It will be easier to get an idea of how much you would have actually made if it is your real live account.

Once the account is opened, log in and go to “performance” page. (3rd tab from the top menu). Go through at least 100 signal providers before deciding to add someone to your portfolio.

If you like a signal provider, click “Add to portfolio” button. From the popup window you can select “lots” and “Max open trades”.

Decide the lot size based on your account size. Smaller the account is, smaller your lot size should be and vice a versa. You shouldn’t be trading standard lots if your account size is $100. 100 pips to the wrong side and your account is gone. Don’t worry, you will learn all about lot sizes and whatnot in a matter of few days.

Max open trades.
As you may have already guessed, it is better to open few trades as possible when your account is small and vice a versa.

Once you add your selected signal providers, you can go to settings page and be familiar with choices available to you. I am not going to explain everything but feel free to explore the page. You can try different settings in your demo account before finding a optimal combination.

Now you can relax. Whenever your selected signal providers open a trade it will be opened in your account too. All these trades can be seen via the “positions” page.

And your equity balance will be increased whenever they make profits and decrease when they are losing. Log in every few hours and see what they are doing. You can monitor all their trades for one month in your demo account. If you still have doubts after the first month, open another demo account for a one more month. Keep doing this until you find your best providers and best settings. This may happen in a matter of days, or it can take months before you find your ideal combination.

To give you a head start, I suggest you to add following signal providers.

“Forex Cruise Control” – Rank No 01 and a consistent performer

“littlestar” – My account and rank in the top 20

“yamatofx2vera” – 99% win ratio with small targeted profits

I will write another post explaining how go live and trade with real money in ZuluTrade. It will be up before 09/03/2012 and I encourage you to demo test at least a month before trading with real money.

Start copying trades here,

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eToro’s minimum initial investment is $50. Now you can open 20 different trades with your investment whereas you could only open two $25 trades before. This is indeed a good deal for small time retail forex traders. Traders can get a lot more market action for their money.

We have few articles throughout this site which covers the basics of forex trading. You can also visit my forex website for some more detailed explanations.

I hope you will get the best out of this deal made available to you by one of the best and most innovative forex brokers of the world.

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It is time to announce a quick cash rebate opportunity provided by “antharjalaya.com” to all our loyal readers.

There has been a great interest for Forex trading ever since I publish my first post about eToro forex trading platform. Many readers have joined the scene since then and trading successfully at the moment.

In an era where all markets are going down and facing the worst financial crisis we ever experienced, Forex market is still going strongly with trillions of dollars worth transactions.

Number of new retail traders are growing day by day thanks to the simplicity and low entry requirements by online forex brokers.

We can make money when the dollar is going up and we can make money when the dollar is going down. We can sell dollars against another currency without first purchasing them and vise a versa.

The purpose of this post is to announce a great offer that you can’t miss. I got over 50 Emails from people who are willing to jump in to the scene but afraid that they will lose their investment. That is why I thought of coming to their rescue. This cash back offer is valid only till 31 st of March.

In case you loss your first investment within the first month, I will come forward to refund your money according the following plan.

Your Investment and Refund Percentage %
$50- $75 = None
$75- $100 = 25%
$100-$150 = 35%
$150-$200 = 50%

Conditions.
1. You must open your trading account through a banner/ link placed on antharjalaya.com or start forex trading.org
If you still haven’t, you can open an account from here.

2. You must provide a screen shot of your trading history to be eligible to get this cash back offer.

3. Cash back payments are within 2 weeks of request to your paypal account or to your local bank account. (Local bank payments are for Sri Lankans only.)

4. We are not able to extend this offer to US participants at this moment.

This ” Forex cash back offer” is valid only till 31st March 2009. I hope all winners reading antharjalaya will value this opportunity.

Download the forex software and open a Free practice account. – 10 Minutes.

Get familiar with the platform using the guidelines given here. – 1 hour.

Learn the basics of Forex and basic trading strategies from here. - 2 days.

Fund your trading account with real money. – After 2 days.

Make money while still learning the process.

Become an expert and make more money.

If you are eligible for a cash back, please contact us and we will get back to you ASAP.

Do not forget to read,
Get Your Own Web Site And Start Making Money.
Forex Bonuses That You Should Not Let Go.

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As you know, I have been trading forex with eToro for over a year now. That is why it took me this long to actually try the trading platform of HY markets.

Well, I regret waiting this long. They offer trading opportunities to areas I never dream of involving. Other than forex, you can trade oil, gas, Metal, Commodities, indices and stocks. They offer a web based trading platform as well as a advanced trading software.

They will provide your own investment managers, advisers, latest updates and charts to plan your investment. So do not hesitate to open an account and try this today. Opening an account is 100% risk free.

I had a great time trading Gold. You can trade Gold, silver, Copper in the metal section.

And in the stock trading section you get Apple, GM, Google, IBM, Juniper, Sun Micro, Time Warner, Exxon Mobil and Yahoo shares to invest in and your trade size starts from 10 shares and can go up to 10,000 shares. If you live in a country other than USA and still wanted to invest in U.S stocks this is the cheapest and easiest way to do so.

You can trade Following U.S stocks with HY markets like you are a U.S citizen.
Note: There is a poll embedded within this post, please visit the site to participate in this post's poll.

HY markets is regulated by the FSA of the United Kingdom and has regional offices in London, Hong Kong and Dubai.. You can start real trading accounts with an investment as low as $50. And the best think I like about them is the fact that they give personalized customer support to suit your needs. You can plan your investments with the support and service they are giving.

You can request for a demo account first if you are concerned about your trading knowledge and want to improve trading skills prior to trade for real.

I am having a great time trading Gold and will buy some Google stocks when I have some excess money. :-) Visit them and have a look.

Do not forget to read,
Step By Step Guide To Your First Forex Trade.
11 Top Secrets Of Online Money Making.

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I hope you have already downloaded the software and installed it in your computer. If not, please Download it from here.
First, double click on the eToro icon from your desktop. Then it will present you with the following dialog box. Click “trade for real” and register a real trading account through the “open new account” link.

Then you will be taken in to the trading platform. Now in order to trade, you have to deposit some money. Hit the “click to deposit” button.

Now you will be presented with the following screen. Recommended funding methods are,
Credit card,

Paypal.

Moneybookers.

Wire transfer.

Please select this carefully. When you are withdrawing money, you have to use the same method which you used to deposit money. Credit card is the easiest option because eToro can send funds directly to your credit card and you can withdraw it from the nearest ATM. At the moment withdrawing via ATM is available only to credit cards with the VISA sign. I am doing this every week without any problems.

Once you complete the payment, your account will be automatically credited with the amount you deposited. Do not forget to use the promotional code when depositing money. In case you have forgotten, the promotional code is ” get bonus”. Read all about these bonuses here.

I recommend you to do at least few 25 demo trades before trading with your real account. When deciding what to trade I always take a look at “top trader’s insight“, which shows what the eToro top 100 traders are doing at the moment.

If you are unfamiliar with forex scene, you might want to quickly go through the following glossary.

Exchange Rate- The value of ones currency in comparison to another. For example if you see, EUR/USD 1.2100, 1 Euro is worth $1.21

Currency Pair- Two currencies that make up an exchange rate.

Base Currency – The first currency in the pair.

Counter Currency – The second currency in the pair.

Currency Pair Terminology- These are basically the slang terms for trading certain currency pairs.
EUR/USD – “Euro”
USD/JPY – “Dollar Yen”
GBP/USD – “Cable” or “Sterling”
USD/CHF – “Swissy”
USD/CAD – “Dollar Canada”
AUD/USD – “Aussie Dollar”
NZD/USD – “Kiwi”

Pip – The smallest increment a currency can make which is also
known as points. 1 pip = 0.0001 for EUR/USD. USD/JPY = 0.01

If you need more information you can visit my other web site, “start forex trading“. All the information is free and presented in a simple manner.

Let’s complete your first forex trade.

You can use any method out of the following.
Global Trader.
Forex trend.
Forex Marathon.
Trade box.

These are simply different interactive trading methods offered by our user friendly forex platform.

In global trader, select the currency pair you want to trade. Then you can decide the risk/reward level. I leave it at *200 default level. You will learn all about this from the guide you are getting. So do not worry. This is not rocket science.

And from here, you can impose trade limits. Which means if you want to stop the trade , say when your loss is $25, you can do that by clicking the “advanced” button. And also you can stop trades when you are in profit also. Just ignore this when you are doing your first few trades. I have not set limits ever. I just stay glued to the screen and stop trades manually when I want. You do not need to set it automated.

You can slowly explore the other trading methods from your Demo account. You are getting Virtual $2000 to experiment with real time trades. Make use of this opportunity. A complete and simple guide to trade forex can be found here.

If you have not already downloaded the platform, do your self a favor and get it now.

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