Trading good will get your pockets full of money in zulutrade.
I don't think so, Zulutrade commission plan is vastly exaggerated, $40,000 worth of accounts following for 2 weeks, several trades, and all I have made is $3.5
it's disgusting, most of these people generate commission of $0.05 - $0.1 while having access to the trade and copying the trade God knows where else.
Followers are usually very risk averse, most are people like me who once traded on their own and lost, traded again, lost again, they follow several providers at the same time, so in reality that $40,000 follows many providers, not just me.
The same trades over this last 2 weeks, on a $20,000 private account could have generated $2000+ this is what I feel bad about, because I'm willing to take more action than they are, seemingly more risk but not really more risk.
Then I see followers with $25, $150 or $250, trading micro lots, what are they expecting to do with such amounts? boost their income?
In the meantime, I am working as a laborer at construction sites, it's my only real income at the moment, and it will be for many months ahead, I would need at least $7000 of savings to resume my own trading, I am curious about what happens at Zulutrade if you can reach the point of having 300-500 good followers, but again because of the good trades leaking out so cheaply, I would most likely quit after I made some decent amount., or just used the account history to convince a private investor, it may be better that way