Zulutrade Review – Equally Good for New and Experienced Investors
One of the things that I have seen a lot of people say is that copy trading is suitable only for new traders. That’s something I don’t agree with and I think these people don’t have the whole picture of what this type of trading is all about. When you pick the right platform, your trading needs are catered to no matter how long you have been trading for. Based on those things, I have decided to write this Zulutrade review and show many aspiring investors in the world that this platform is good for them whether they are trading for the first time or the hundredth time.
Let’s take a look at the features of Zulutrade platform that make it a suitable place for both new and experienced investors.
Many Instruments for Trading
It does not matter how long you have been trading for or how late you have stepped into online trading, you need access to a lot of instruments to diversify your portfolio. Now, it is up to you to diversify the assets you are investing in but it is also the platform you join that decides how many you can access. When on this platform, you can access any market you like and pick any asset from within that the market without any problems. Whether you are looking to trade conventionally by going with stocks or want to try something new by investing in cryptocurrencies, you can do all of that through Zulutrade.
It also provides you with access to a lot of forex currency pairs, which means you can trade minor pairs, exotic pairs, and the major and stable ones too. Last but not least, from this platform, you will be able to trade indices and commodities.
Even Better than Automated Trading
Perhaps you have been trading for years and you just know how everything works. However, you might not have enough time to scan the markets and then pick your favorite assets. If that’s the case, you will find Zulutrade to be the perfect place to join. Why you may ask? Well, on this platform, you can find traders who are trading just like you. If you find a trader who is picking the assets you like and using the strategies that you love, you can go ahead and start copying their trades. It would be as though you have put your body-double to task and it’s trading on your behalf.
When it comes to automated trading, you are giving the task of trading to the computer. However, when you configure the platform to trade on your behalf, the requirements and conditions are pretty rigid. On the other hand, when you are copying a human trader like yourself, you have someone who can change the strategy and make minor adjustments in the strategy according to the market’s up and down movement.
Sharing Experience Now Possible
Last but not least, I do want you to look at this amazing feature that allows you to share your trading experiences with others. It is alright if you think you have learned everything important about trading. If you don’t think you need to learn anymore, you can go ahead and start teaching others. In fact, rather than investing, you can become a trader on this platform and make money by helping many others as well. You can have hundreds of traders copying your trades. Every time you are successful, they are successful. And when that happens, you get a share from the profit that they make on their trades. You can always share your trading tactics with anyone on this platform.
Final Thoughts
Whenever someone tells you that copy trading is only meant for new traders, show them the benefits of copy trading for experienced traders. I have talked about every possible angle that I think applies to experienced traders and benefits them when they choose to go with copy trading rather than the conventional format of trading.