Trade Forex like a Zulu Warrior
In the 1964 historical film "Zulu," the soldiers of the British empire faced 40,000 strong, motivated and confident Zulu warriors. Despite their lack of total modern weaponry, the Zulu warriors put up a formidable resistance with the bayonet and gun-wielding red coats. They were able to defeat the British force at the Battle of Isandlwana. What does the film tells you? That in war, it's not the weapon that matters, but how you wield it: strategy is the key.
Like in the "Zulu" war, strategy also plays an important role in forex trading. Strategy is the great equalizer between individual players and big banks (which often trades in million worth of currencies), but it takes some time to master strategy in forex trading.
Beginners in currency exchange trading often suffer loses in their early trading because they lack the requisite mastery either because of insufficient forex education, or discrepancy in live trading and theoretical training. This is where forex signal providers comes in. Signal providers aid traders by sending out so-called signals that tells them when to buy or sell. A number of signal providers also provide for auto-trading, which enables the users to trade automatically based on the signals.
Basically, signal providers allow their subscribers to mimic their own strategy in trading. So it is important to look for a winning signal provider, which is done by looking up the average pips and pips of the signal provider. The Zulu Ranking System is an excellent tool when researching the best signal provider suited to your needs. It features a database of providers, whether for auto-trading or the more traditional signal provider, and conveniently ranks them according to their average pips for the last 365 days (updated monthly).
A little background on Zulu: it is the world's first currency exchange auto-trading social community which enables third party algorithmic trading masterminds to be auto-traded through account holders in many brokerage firms worldwide. It has reportedly made $150 billion transactions at one point, with close to 5,000 active accounts today. The company ZuluTrade had grown 500 percent since it started out in 2008, and currently sustains a 20 percent average monthly growth rate.
Like the Zulu warriors, Zulu Trade allows individual traders to win with or against corporate banks by enabling them to follow the strategy of expert traders or forex signal providers. In the foreign exchange market, you are a Zulu warrior battling it out against big corporate banks, the equivalent of the British forces in the Zulu wars. So, wield your weapon the best way possible. Learn trading strategies from signal providers in Zulu Trade.