Is NeroneFX a copy trader service worth following or not?
Introducing Forex Trade Copier Service on ZuluTrade, we give you NeroneFX, which has an impressing 46% ROI earned during his first year on Zulutrade.
Many productive traders ask the same question: Which is the best Zulu trader worth pursuing?
Today we are presenting the 2nd Zulu Rank trader for you to copy, respectively NeroneFX.
Does this trader have everything you require for your purse and your benefit?
Be sure to follow us and you will discover all that you need to know about this thriving trader.
A closer look at NeroneFX
Be sure to go through all details before choosing any trader, go ahead and view NeroneFX historical trading performance on ZuluTrade.
Facts about NeroneFX:
- Zulu Rank: #2
- Amount Following: $375,300
- Total Profit: 17,029.3 Pips
- Weeks: 65
- Investors: 179
Who is NeroneFX and what is his Forex trade copier service strategy?
- works with a smart grid system that makes openings and closures with a 20 pips toll
- it is necessary to maintain a dedicated account with no short amount of availability
- believes that a dedicated trading account is necessary when high drawdown moments appear.
- uses EA’s but if it happens that the market goes too far in the wrong direction he then switches instantly to manual trading
- working manually is great for limiting further negative exposures
- states that he definitely will do his best in order to obtain the best possible results for his followers
Disclaimer: Please note – the information is based on what the trader himself has written in the trader’s description. We are not responsible for any given information in this article. Forex and Profits is about helping like-minded traders find information that can be useful from other sources, in this case – from ZuluTrade.
Long trading experience
This trader is a good example of a veteran trader, and he has plenty of trading knowledge to back up his 50+ weeks of experience, he has been active on ZuluTrade for over 65 weeks, at the time of writing, and it is clear that he is a seasoned trader that is worth following.
What to expect of NeroneFX’ trading style
NeroneFX uses both automatic and manual trading but he usually prefers using a direct, live and manual trading account because he is placing orders very fast.
He has plenty of experience in the financial trading branch. His experience definitely lifts the Forex trade copier service to an entirely different new level based on well-developed strategies that he implements in this trading sessions.
He has a staggering profit of 17,029.3 Pips, which makes him a great option on any follower’s list.
He is followed by reasonable number of 179 investors which means that he is trusted by a lot of market participants and is more than able to bring amazing results. After all, he is currently ranked number four.
A negative aspect here is that he has some losses. Nothing wrong with this, but it requires a little bit of care.
It is more than clear that the positive side is far stronger than the negative side and he is still a very good option for any follower to pick.
He currently has a maximum drawdown of 3,671 Pips which is rather okay for anyone to follow, he shows potential in keeping above the negative ratio.
Final Verdict – Is following NeroneFX a good idea?
Based on the current performance we want to give NeroneFX 4 stars.
NeroneFx looks like he can deliver and he is more than capable of keeping your profits up because he does not take risks and he also implements a very small-return approach.
He usually uses EA’s, which sometimes is good, especially when the trading markets are on high movement, but steps in on manual to protect your investments and to limit your losses, which on the trading market, are sometimes inevitable.
Always choose the long manual run because long-term investors always benefit from fluctuations.
He is definitely a great example of the Forex trade copier service.
What if I had invested $1000?
There’s a simulator function in Zulutrade for desktop, that let’s us experiment with settings and see how different traders would perform based on your investment and lot settings.
Let’s run a quick scenario. What if I had invested $1000 and followed NeroneFX?
The expected profit would have been $1043, and the ROI earned would have been 104.3%. An investment of $1000 would have turned into $2043 in 12 months. Need more tips on picking the ideal trader to follow? Take your time and read our own tips and tricks.