24. What about Zulutrade

Zulutrade

Dear fellow traders,

Today I would like to tell you about the Zulutrade affiliate program and the normal trading.

Zulutrade

Zulutrade is a website where you can let other people trade for you. You just open an account at Zulutrade a pair it with one of the possible brokers to begin trading.

Primary idea
The main idea of the platform is to follow other traders, so the profit they make will also be your profit, depending on the following amount. On the other side, the loss will also be yours.

The traders over here are mostly, just as you, newbies, please keep that in mind. You will be following people who are in the business for maybe three months.

You can sort traders by time trading, the risk they take, the profit they make and so on. If you are going to follow someone, please follow someone who is trading for a longer time and has made a decent profit. Not 1000% in two days, at day 3 they will lose it all, just as you if you followed him/her.

Risk management

To ensure you'll get the most out of it, it would be smart to spread your portfolio over several traders. Traders who will invest in different commodities. For instance, follow one trades who trades stocks, onde trader who trades forex and one that does trade gold/silver. This way you'll spread your portfolio and have a lower risk of losing money.

In the end
When you start at Zulutrade, be sure to create your own strategy meantime, because the traders over there are newbies and will lose your money within a small period of time. Some just trade to get your fee when they open new trades and so screw you. Please keep that in mind.

Keep away from Zulutrade if you can. Search for a decent coach that trades for several years and learn from others.

Search for a local forum in your own language, in The Netherlands for instance, we have usmarkets.com. This man, called Guy Boscart, has over 20 years of experience and has seen it all.

Also, I can recommend some twitter account if you're interested, please send me a PM so we can talk further. The accounts are free but depend on your nationality (language).

Zulutrade affiliate program

So, last but not least, Zulutrade has an affiliate Program. Please, don't start this unless you have several people you can refer to, but they do not payout till €/$100,- and.. that is a lot. I can name more than one more interesting programs you can join to earn more.

Also, in their guide stand that, if you don't log in for 6-months, they will terminate the account because they think you are not active. Why should you be watching your affiliate account every 6-months when you have everything automated? Because they like to take your money after the 6-month period, that is why. So please be advised about that.

So, that was all, please have a good trading week, and we will be blogging a lot more in 2020, so be prepared!

BusinezzTime ©

#zulutrade #Zulutradeaffiliate