Many traders often joke that if anyone wants to make money from forex trading, then all they have to do is place trades in the opposite direction as them because they always seem to end up losing money.
Well this is now possible because this concept, which is known as reverse trading, is now available to people who use the signals provided by some of the traders on the ZuluTrade website.
This site has hundreds, if not thousands of different signal providers, and once you open a free account, you can trade the signals of however many signal providers you want. The signals are traded automatically in your account, so it is essentially a hands-off way of trading the forex markets.
Most people obviously look to trade the signals of the most profitable signal providers, and scan through all of the data and past trading records to seek out the most profitable providers.
However many people also choose to reverse trade some of the low quality signal providers as well because this can be just as profitable, if not more so.
It is estimated that only around 5% of traders actually generate consistent profits from forex trading. So therefore it should be a lot easier to make money reverse trading a variety of different signal providers on this site.
If you want to find out more about reverse trading, or want to learn more about the automated signal service that ZuluTrade provides, you can do so by reading this review.
You may also like to open a free account and start trading some of these signals in a demo account to see how profitable some of these signal providers can be, whether you trade the signals of the most profitable providers, or whether you reverse some of the weaker signal providers.
