Lesson 01-Forex auto trade the easy way

Introduction to Forex

Hi friends,

I’ve been lucky enough to be able to share with you this valuable information about the forex trading. Although its still emerging in Sri lanka, Forex is one of the most matured financial markets in the world.

From the western world, we’ve heard stories about traders who arise in the early hours of the morning to trade; traders who have laptops in their bathrooms; traders who spend upwards of 16 hours a day analyzing charts and creating systems. We are not going to belabor all the stories We’ve been told, but trust me, the list goes on and on, and, frankly, they get stranger and stranger. Is this what trading is, an addiction?

If more time spent trading and analyzing yielded better results, heck, I would do it. But it doesn’t. Bottom line is that just as many traders stink today as they did 20, 30, 50 years ago, and there are more traders in the markets now than ever before. Present-day traders have sophisticated equipment,
unprecedented access to data, order flow, and transparent order entry. 

I’m smiling right now as I think back when I began as a teenager, in my initial trading stage, I realized I was a part-time trader. And in reality, so are most traders. If we wanted a job, I’m sure
there are easier ways to make a living and not put ourselves through the meat grinder of being a trader. If you’re reading this because you think it will be easy, kindly close this. But let me say, it ain’t hard!

I will show you how to analyze the market, how to use visual and objective tools, and then formulize a plan to trade successfully. This is not day trading, which we don’t do. This is not investing, although many of the strategies  could help you with that facet of your portfolio. This is about
grasping a few concepts that if properly understood and applied, can yield healthy and consistent returns.

The forex market offers the best order entry, leverage, and access of any market. This market is available 24 hours a day and can most likely fit your schedule. This is not about being a full-time trader. My goal is to allow you to fit trading into your current schedule. That means quick, accurate
analysis that you can repeat over and over again.This is as much a written text as it is a complete course. I’ve included links and charting examples, which allow me to walk you through
the concepts here. I’m especially happy about that because this makes it easier for me to show you additional examples of the strategies I use, such as working across multiple time frames and pairs. I also invite you to join me and experience trading while following this course on my blog.

 How to copy the experts

 Actually following is the best site that I found which provides Forex trading facilities to a trader. it simplifies the work a lot for the trader and therefore anyone with a little or no knowledge can easily start trading with as little as 25$ capital. the greatest function of this agent is that it will enable you to automate your trading by following a expert traders. simply you can ask them to buy or sell in your account following the best traders. so when ever selected trader trades,, you will also enabling you to make a lot of money easily. so its highly recommended to have a try with this ZULU traders. actually it will help you to learn a lot.

First you should have a account in the zulu trade and then you should have an account with a broker. I have my with Hotforex. Zulu have a setting that it will ask you to select the broker and ask you to connect the broker account by providing username and password. once connected what you trade by using ZULU will be traded in forex market under your Hotforex broker. the minimum deposit is 25$ even you can have a free demo account first before actually putting money. once the account is active zulu will enable you to add signal providers where you can select best traders and ask your brokers to copy their trades and execute your trades. That means.. you just allow the account to trade automatically following expert trades... Isn't that great.. you can control the risks with the settings in your account.. Ive done it and I actually could make 10$ the first day with 100$ deposit. I'm just sharing If you want to trade Forex believe me this is the easiest way. If above link is not working you can use this

Join.zulutrade.com 

when you follow the link you will be presented a page as given below where you can join the network. follow the open account tab and provide your details. they will ask for your identity card and billing proof. you need to email them your identity card and billing proof document.(scan and email the pdf files)

home screen:

once you join you will receive an username and password to your email address. use the username and password and login to your account.

the next thing to do is connect your account with your broker. you should have a broker account to do this. I will give how to do it in a separate discussion. then provide the broker username and password and it will display as you are connected.

broker connnection:

 

next you have to deposit some money to your account. go to the fund tab and follow the link. the money will actual added to your broker account. you can use credit/debit cards. it will immediately display the balance in your window. you have to add minimum 25$.  Now you are ready to go..!

Explore the tabs in your page. you will see a tab called trade where you can trade forex your self. thats one option but what we target is the more easy option .. signal providers.

Trade:

 

go to settings tab and follow add a signal provider. you can select many signal providers. but there is a minimum balance in your account to add a matching signal provider. for example if you have only 50$ in your account you have to find a signal provider whose minimum requirement is 50$ or low. you will see that more money you have in your account you can add better signal providers. 

Settings tab:

 

add a suitable provider. then assign the trading amount for him usually add 0.01 lot  which means $1000 dollar trade and number of trades that you allow him to open on your account. put a value 1-2-3 etc. their is health bar on top of your window. it will indicate the risk. if its green , you are fine. don,t let it go beyond 60%  and take low risk. Let your signal provider to help you earn money.

you can see the actual performances of the signal provider and your history of transactions as well. if you find a good signal provider you can earn money doing almost nothing.

History performance:

  If you can find the right signal provide you can easily make money here. see some of the profiles of the signal providers.

 

 

How to open the broker account is given in below post.

http://forexforlankans.blogspot.com/2012/10/broker-for-forex.html

hope you will have a more green profile and less red.

 

remember when you start earning ,, share this to your friends.. It will never affect your profits. everybody can earn this way isn't it good.!

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