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Member Since Jun 25, 2010 10 posts
ManagedAccount4u
Jul 14 2010 at 15:50
Minimum Acc : $5k
Manager Fee : 30% Estimation ROI per month : 5%-100% (dependent on selected risk) Strategy: 'long run strategy' - positions are opened from 10min to 4h Example on real money account, I presume it is good enough to see that I trust my own money to my strategy http://www.myfxbook.com/members/ManagedAccount4u/asset-management-4u-nr1/38417 Transparency = Trust |
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Member Since Apr 20, 2010 727 posts
DoubleTrap (ForexSeeker)
Aug 03 2010 at 17:27
(edited Aug 03 2010 at 17:30 )
1. Minimum Acc : 500 USD
2. Broker digit : 5 Digit - Best on Alpari 3. Leverage : 1:500 4. Manager Fee : 30% of net profit 5. Duration : 1 month 6. Estimation ROI per month : 60% - 90% 7. Type of Management : Direct Control Your Account 8. Myfxbook sample account: http://www.myfxbook.com/members/ForexSeeker/i-kill-you-later-2/28333 9. Description of your trading strategy : Scalping combine with martingale lot size. SL : 30 pip. Demo track record 10 month with average ROI per month around 92%. ---------- Real ----------- -------- Demo -------- Information is Gold when come to organised. http://winterwongforex.com |
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Member Since Nov 02, 2009 91 posts
Touareg
Aug 09 2010 at 04:39
ILLEGAL COMERCIAL BREAK
1. Minimum Acc : 100 USD 2. Broker digit : 4 Digits - 5 Digits ( ECN ) FXOpen Only ( for the time beeing ) 3. Leverage : 1:500 4. Manager Fee : 30% of net profit 5. Duration : 1 month 6. Estimation ROI per month : -99.98% to 100% 7. Type of Management : Direct Control Your Account 8. Myfxbook sample account: http://www.myfxbook.com/members/Touareg/mkmk-2/41139 9. Description of your trading strategy : Scalping combine with martingale lot size. SL : 80 pips. Demo track record 1 month with average ROI per month around 200% on DEMO ONLY. ------ ECN DEMO ------ --------- DEMO --------- ---------- REAL ---------- Try not to be greedy trading with no emotion |
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Member Since Apr 20, 2010 727 posts
DoubleTrap (ForexSeeker)
Aug 12 2010 at 13:13
(edited Aug 12 2010 at 13:15 )
Study of best Target ROI to aim using $500 USD each month.
The investment is add $500 for if want increase, as $500, $1000, $1500, $2000. The investment require to go in early of each month as middle of month usually loss. <a href='  ' target='_blank'><img src=''/></a>Attachments:
Information is Gold when come to organised. http://winterwongforex.com |
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Member Since Jan 28, 2010 257 posts
RWFX ( ~ P A M M ~ ) (ranesh)
Sep 17 2010 at 07:02
Discussing about licensing/regulation of managers to be able to solicit clients, if I'm not mistaken when it comes to PAMM accounts I don't think this is necessary for the following reasons :
1. The agreement is between the Client and the broker + broker & Manager (ie: not directly between Client & Manager) 2. There is no transfer of funds between the Client and the Manager. (ie : Manager does not accept trading capital from the Client) 3. The Manager does not have trading access to the Client's account. (ie : Manager doesn't get the trading password and therefore cannot trade the Client's account directly). This is also the reason why PAMM eliminates the need for LPOA agreement (Limited Power Of Attorney) to be signed by the Client. 4. The funds are in direct custody of the client at all times and therefore has the ability to withdraw their funds from their account. The Manager has no control over this and cannot prevent the broker from processing such withdrawals. 5. The Client does his/her own due diligence related to the Manager's performance prior to sending a request to join a Manager's PAMM offer. This the client does at his/her own risk having satisfactorily completed their due diligence. So basically a Manager who operates in a scenario such as this, does not need to be licensed/regulated because technically he is not the same as a Hedge Fund Company that accepts funds from clients to manage. He can consider himself as being self-employed and pay income tax (if applicable in his jurisdiction) on all income he derives from his trading activity via a PAMM structure. I have just commenced my PAMM account and I find that word-of-mouth advertising is what works the best. If the Manager is a good performer then it's just a matter of time before word spreads fast with more people wanting to have their accounts managed as well. And I agree, it would nice to be able to have some feature here on myfxbook for PAMM accounts. "He who gathers money little by little makes it grow." - Prov13:11 |
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Member Since Jan 28, 2010 257 posts
RWFX ( ~ P A M M ~ ) (ranesh)
Sep 17 2010 at 21:50
Hi Will - that's interesting.
But chk this part of the article out : ------------------------------- In or about May 2007, S. May e-mailed additional information (E-mail) to at least one PA Resident. The E-mail states that Pace will place an Investor’s money into a “PAMM”, i.e., percentage allocation account; that Pace will pool all the Investors’ funds and trade the funds as one investment in order to increase returns; and that Pace’s goal for returns on investments is 3% to 5% a month. ------------------------------ This makes me wonder if 'PACE' was collecting funds from its clients and then placing them in a PAMM structure for ease of management. If that is what they were doing, then yes - they most certainly will need to be licensed/regulated. But if I'm wrong in my assumption/interpretation here, then too bad for the managers who are not licensed/regulated. They can either choose not to accept clients from US States like PA or come under regulation/licensing. I think we all know that NFA acting in the so-called best interest of U.S traders which resulted in the recent introduction of various restrictions only provoked U.S traders into signing-up with offshore brokers. Excuse what might seem like ignorance, but what is to stop a U.S resident from signing up with an unlicensed/unregulated foreign Manager's PAMM offer after independently coming across the offer on the internet ? I think a better option would be to require the brokerage through which the PAMM structure is operated, to be regulated instead. Since it is the brokerage that is accepting funds from the client. Just my thoughts. "He who gathers money little by little makes it grow." - Prov13:11 |
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Member Since Sep 01, 2010 18 posts
Gilbert Ng (gilbert512)
Sep 29 2010 at 22:27
Pace Capital Management pushed it to the extreme, to a point where the NFA took notice because of their visibility. They showed great backtest results, and stunk on all forward tests, while marketing heavily and showing up at conferences. There is the word of law, and there is a threshold to get noticed by the NFA or SEC. Regulars like the SEC are too busy browsing porn at work and being captured by the industry to care:
http://articles.cnn.com/2010-04-23/politics/sec.porn_1_sec-employees-sec-spokesman-john-nester-inspector-general?_s=PM:POLITICS |
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Member Since Jan 28, 2010 257 posts
RWFX ( ~ P A M M ~ ) (ranesh)
Oct 04 2010 at 13:12
Gilbert - that's funny ! SEC execs caught watching porn !
"He who gathers money little by little makes it grow." - Prov13:11 |
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Member Since Sep 12, 2010 8 posts
exa96995
Oct 11 2010 at 06:17
(edited Oct 11 2010 at 06:19 )
1. Minimum Acc : 500 USD
2. Broker digit : 5 digit 3. Leverage : 1:100 4. Manager Fee : 20% of profit 5. Duration : It should be a long-term comitment 6. Estimation ROI per month : 5-10% no guarantee 7. Type of Management : pamm.mt4 8. Myfxbook sample account: http://www.myfxbook.com/members/exa96995/pamm-account-exa96995trend-following/51184 9. Description of your trading strategy : http://www.alpari-forex.com/en/pamm/info/id/96995/ |
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Member Since Sep 12, 2010 8 posts
exa96995
Oct 11 2010 at 06:52
ranesh posted: Discussing about licensing/regulation of managers to be able to solicit clients, if I'm not mistaken when it comes to PAMM accounts I don't think this is necessary for the following reasons : 1. The agreement is between the Client and the broker + broker & Manager (ie: not directly between Client & Manager) 2. There is no transfer of funds between the Client and the Manager. (ie : Manager does not accept trading capital from the Client) 3. The Manager does not have trading access to the Client's account. (ie : Manager doesn't get the trading password and therefore cannot trade the Client's account directly). This is also the reason why PAMM eliminates the need for LPOA agreement (Limited Power Of Attorney) to be signed by the Client. 4. The funds are in direct custody of the client at all times and therefore has the ability to withdraw their funds from their account. The Manager has no control over this and cannot prevent the broker from processing such withdrawals. 5. The Client does his/her own due diligence related to the Manager's performance prior to sending a request to join a Manager's PAMM offer. This the client does at his/her own risk having satisfactorily completed their due diligence. So basically a Manager who operates in a scenario such as this, does not need to be licensed/regulated because technically he is not the same as a Hedge Fund Company that accepts funds from clients to manage. He can consider himself as being self-employed and pay income tax (if applicable in his jurisdiction) on all income he derives from his trading activity via a PAMM structure. I have just commenced my PAMM account and I find that word-of-mouth advertising is what works the best. If the Manager is a good performer then it's just a matter of time before word spreads fast with more people wanting to have their accounts managed as well. And I agree, it would nice to be able to have some feature here on myfxbook for PAMM accounts. good point thanks for sharing |
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