I just got word from ZuluTrade – my favorite forex “auto trading” platform – that they’ve improved their “margin call-o-meter.” This feature of their website is in my opinion absolutely essential. I would very strongly suggest you learn how to use it properly and always, always, and did I mention always, use it. Don’t just select a signal provider and hope for the best!
For those of you new to ZuluTrade, the margin call-o-meter helps you to accurately calculate the risk of your account based on:
- The selected signal providers, according to their performance
- The custom stop/limit values
- Max total open trades
- Max open Trades/Currency
- Max Open Lots
Here is the margin call-o-meter in action:
Once again, if you’re a new ZuluTrade user make sure you first learn how to use this very useful tool. Also don’t forget that you can also backtest all the trading signal providers.
I’ll keep you all up-to-date on the latest happening from the ZuluTrade front. Now go out there and squeeze some money out of the forex market.