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Sunday, 29 January 2012

Unbiased Independent Zulu Trade Review - Is Forex Signal Service a ''Cash Proof'' System?

/ On : 21:04/ Thank you for visiting my small blog here. If you wanted to discuss or have the question around this article, please contact me e-mail at aftaabali6292@gmail.com.
By Bill Achola Wright

Zulu trade is in the business of trading Forex by managing Forex investment accounts automatically by helping forex investors to make investment decisions that will make them money. Before you select any managed account service or any trading system programs, there are some factors that should be checked before you invest in Forex.

Act like a detective when taking the first step in choosing a managed Forex account or a ''girl on a first date''. Find out about the company's growth career, how long the company has been trading and managing investors money. You want a managed account service that has an impeccable record and has experience in managed Forex trading online.

You are looking for a managed Forex trading online company that will look after your interests, not just fatten their interests with commissions. The investment company should not just be after trades but it should be after establishing your investment plan and pick the right plan for you. To do this, you must first understand what kind of investor you are.

Reject a forex managed account service that is right into selling you something. Pay attention to warning signs when the service account gives you the sales pitch first before asking you about financial goals. If you allow yourself to get carried by the sales pitch, here´s what can happen.

The Forex investment company can choose a plan that may not suit your needs or it might be looking for ways to persuade you to trade on Forex on some hot rumours although the professional trader knows that the market will slide.

Advantages of selecting ''ZULU TRADE'' as your Forex Signal Trading:

a. Zulu trade is a fully registered Forex investment company since 2006 and when you invest your money with the said managed account your investment will be highly secured and protected.

b. It uses a forex signal system that predict the market condition and tells you the right time to buy and sell your trade for maximum returns. The trading signals are provided by other third party signal providers such as the forex brokers.

c. The forex managed account will allow you to instruct your Forex broker to sell a trade if it falls below a specified price to prevent further loss. The managed account will use a ''Stop Loss Order''. If you were concerned that a particular trade you won will fall in price. A stop loss order is used by the said managed account service to protect unrealised profits or prevent further losses on capital injected.

d. The said forex managed account service has feature known as ''Limit Order'' where by it will instruct your Forex broker to buy or sell a trade at a specific price. It will use a limit order when the trade you are interested in, keeps changing in price. This prevents your Forex broker from buying too high or selling to low. A limit order guaranteed a price but not an execution.

e. Another advantage of Zulu trade, it has a trading system known as Auto Trader Market Order. The market order will give your Forex broker the signal to buy or sell a particular trade at the current market price. A market order guarantees execution at profitable trade.

f. Good-till-cancelled (GIC) or day order: when placing a limit, or stop order,you will be asked if you want it to be ''Good Until it is Cancelled'' or ''Good for the Day''. This allows you to choose the length of time the order will remain open for execution at the market place.

The purpose of this article therefore to prove to you that indeed forex managed account is a cash proof and beside that is to provide adequate information on how to manage investment account with Zulu Trade, so as to get you started in the Forex market.

Bill A. Wright invites you to Autotrade the FOREX market by specialists into your FX account FOR FREE at => Automated Forex Trading System in easy way. Read more articles at => Forex Signal Software

Article Source: http://EzineArticles.com/?expert=Bill_Achola_Wright

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