ZuluTrade - Step by Step

OPEN A DEMO ACCOUNT
1. Click here to get started. This will open in a new window or tab so that you can switch back and forth as you go thru the steps.


2. Click on the orange button OPEN FREE ACCOUNT, or just click here.




3. Click on OPEN A DEMO ACCOUNT, or just click here.




4. Fill out application and click CREATE MY DEMO ACCOUNT


5. Go to your email and open the email with subject line: ZuluTrade - Your new demo account
Click on the link in that email and you will see this screen:


6. Click on ACCOUNT SETTINGS to get started, link is in this sentence as seen above:
We recommend to Change your Password to something you can easily remember, or just go to your Account Settings to get started.

Here is your profile and account settings page:



7. You see the tabs PROFILE, SETTINGS, POSITIONS, ORDERS, HISTORY, TRADE, INVITE? Click on second tab SETTINGS



8. You have $50,000 in your demo account and 30 days to test out the signal providers with this amount. What we need to do now is to ADD A SIGNAL PROVIDER. Click that button now.
Here is what you will see. I chose to sort the results by last 6 month performance. Default is 1yr. Under TIMEFRAME in top left corner, choose 6m then click button SHOW SIGNAL PROVIDERS.



9. There are hundreds of signal providers. Our job now is to find the really good ones! Look for a high number in PIPS, which means how many pips they have won in the last 6 months.... and look also for a lower MAX DD PIPS, which is how many pips they had in drawdown maximum in the last 6 months (second to last column). The stars next to the name show how users have rated them. Hover your mouse over the stars to see the rating. A red triangle means they are high risk traders.

I have tried :
You choose the ones you want... we can change any time, we are hunting for the better signals so we know who to use when we go live. Open as many demos as you want, test providers. Keep me informed if you find good ones!


10. Click on the red plus sign to the left of the signal provider. A window will popover the screen. Choose 1 lot, which is smallest option, then ADD SIGNAL PROVIDER.


11. You will then see this:


Click on ADD A SIGNAL PROVIDER button again and add another and another. Your "Margin call-o-meter" may go into the red, this is ok since it is a demo and we want to see as many results as possible. In a live account, you want your "Margin Call-o-Meter" to be green! When you add additional Signal Providers, you will get a warning that you shouldn't, but on the demo, click ADD ANYWAY.


12. Now all there is to do is to log in once in a while and see how your trading is going. Usually when you log in, it will take you straight to your POSITIONS tab and show you any open positions.


You can also check the HISTORY tab to see all closed trades and a graph of profits/losses by signal provider.
The basic results are seen in total pips profit at the top right hand corner of your back office.



Remember, the goal now is to find the right provider(s) for when we go live.

GOING LIVE

1. When you are ready to go live, or just ready to get ready in advance, click on OPEN LIVE ACCOUNT at the top menu bar after you log in or CLICK HERE:


2. Your choice of Brokers is at the top. For some reason there are only two choices on this one, but when I opened mine, I had the choice of 5 or more. Anyway, I chose AVAfx, they are easy to open an account with and easy to fund and withdraw thru paypal, alertpay etc. and they give you $50.

3. CLICK on the broker of your choice, fill out the application using the exact info you opened your zulu account with and CREATE LIVE ACCOUNT.




4. Follow the two steps on this page: Open your account with the broker (fill out application and send them the documents they require) and then print, sign and send to YOUR BROKER, the LOA agreement giving Zulu the right to trade from your account.




I am going to open my live account using one provider only: Bigwin (capital B, not bigwin). In the last two weeks, when I moved my settings to have a realistic margin level of 24.7% and reduced the trades to ONE open trade only, I have won 180 pips. Zero losses. Max drawdown was 33 pips. With 2-33 pips won per trade. PLEASE NOTE: Unless you have a larger account, you can't do unlimited... they actually trade many many trades per day, some pretty much duplicate trades. With a smaller account, you should only do 1 or 2 max open trades.

Your live account back office will be available as soon as you finish your verification and send the LOA to your broker. They then add the live account to your demo account, choose the live account from the roll down menu at the topwhere it says ACCOUNT. This is what my live account settings look like:


The margin meter is zero because I haevn't funded my account yet. I plan on doing that today and will get started trading on Monday (6/29).

I will keep you informed of my progress, of course.

If you have any questions, let me know! I think I covered everything, but if anything is missing as you work thru the steps, just let me know!
Thank you and happy trading,
Suzanna

PS. For more info on forex trading robots that I use, see:
Forex Goodies