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Social Trading Zulutrade and MQL5 Metatrader


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Social Trading Zulutrade and MQL5 Metatrader

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traderTX's Avatar
 traderTX 
pittsburgh, pa
 
Experience: Intermediate
Platform: Ninjatrader, ensign, wave59
Broker: IB , AMP/ cqg
Trading: ES, CL
Posts: 154 since Mar 2010
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I have recently been playing around with Zulutrade, more for entertainment and interest. I had not heard of "social trading" before. It is kind of like picking traders based on stats and then "following" their trades with your account. It reminds me of keeping stats on race horses or base ball players. for me, it is interesting new twist to the trading world.

my "stable" of traders on zulutrade, all but one are hit or miss.
Zulutrade is based out of Greece, from what i understand, it is pretty hard for an american to get a forex account that will let you "follow" the traders on zulutrade. i am not sure if that is because zulu doesnt report to the federal govt.

on zulu, the only signal provider that i have found who is consistant and does well is macross. i am not promoting him or have no connection to him. i figured someone might ask me. as a "free" subscriber of zulu i dont know if there are other signal providers a "paying" account would see.

besides the obvious that many (most) of the signal providers are not worth risking money, has anyone got any experience or anything to add about social trading, zulutrade, or metatrader ?

Trade what you see, not what you think.

"The better the mechanic, the fewer the tools"

"Futures Trading is risky and can cause substantial financial gain"
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 Big Mike 
Manta, Ecuador
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