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How to choose a good PAMM account
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axing

Member Since Jan 09, 2017  1 posts axing Apr 20 2018 at 17:32
How to choose a good PAMM account. thank you

sunny4465@
nasrul_poyo

Member Since Sep 11, 2017  124 posts Nasrul (nasrul_poyo) Apr 21 2018 at 12:12
1st, no martingale. Then, see the drawdown with trade age more than 6 months at least.

Adribaasmet

Member Since Aug 27, 2017  765 posts Adribaasmet Apr 21 2018 at 12:20
Select your broker carefully; because there have so many negative reviews about false PAMM. Besides, select your partner who has such a long time history with a decent result.

uplinktrading

Member Since May 23, 2017  40 posts uplinktrading Apr 21 2018 at 12:21
Leverage__ posted:
Try my signal. I'm on Signalstart and have earned average 10% each month during 5 months with 13% drawdown.
And i refund subscription fee if I'm not in profit at end of the month.
regards


You can hide your strategy here but not on SignalStart. Stop trying to rip people off.

Attachments:

AniLorak

Member Since Apr 18, 2017  847 posts AniLorak Apr 22 2018 at 06:06
nasrul_poyo posted:
1st, no martingale. Then, see the drawdown with trade age more than 6 months at least.


I think, 1 year would be much better!

AmDiab

Member Since Apr 18, 2017  624 posts AmDiab Apr 22 2018 at 06:14
uplinktrading posted:
Leverage__ posted:
Try my signal. I'm on Signalstart and have earned average 10% each month during 5 months with 13% drawdown.
And i refund subscription fee if I'm not in profit at end of the month.
regards


You can hide your strategy here but not on SignalStart. Stop trying to rip people off.



I saw the screenshot, don’t know why so many trades on the same trading pair & I think, the holding time was too much little.

Elitefxsniper

Member Since Apr 01, 2018  46 posts Aleksandr (Elitefxsniper) Apr 22 2018 at 10:09
axing posted:
How to choose a good PAMM account. thank you



Hi,


see my trade

Pikasso

Member Since Jan 31, 2017  149 posts SCR Traders (Pikasso) Apr 23 2018 at 06:21
Try Darwinex with their managed accounts, like pamm but in regulated area. I have never used better service than Darwinex provides. You can find the link to my managed account SCR in my profile.

Trading system developers and strategy providers.
sjkhaushu

Member Since Mar 09, 2018  140 posts sjkhaushu Apr 23 2018 at 06:30
Here are my rules:

- verified trading history
- no cent accounts
- broker ragulated at FCA or ASIC (if its not regulated, the results can easily be fake)
- no extreme scalping (scalability, liquidity, slippage and latency issues. When trading larger amounts the performance drops significantly)
- no grid or martingale strategies, they all fail without exception
- exact rules of the strategy have to be set so investor can recognize if something is out of ordinary
- every trade has to have a SL
- I much prefer automated trading to manual (no human factor) but its not a hard rule, just recommendation
- Max DD can not be more than two times higher than average monthly profit (e.g. 10% DD, 5% avg monthly profit)
- smooth equity/balance graph. If out of 12 months there are 10 with 2% avg profit and 2 months of 20%, the results are too volatile for me. It usually means that the trader went off script and thats a very bad sign
- equity has to be as close to profit line as possible. Never ever invest in accounts that have a great looking profit line but the equity is always below it. That means that the trader is holding on to bad trades and only closing the profitable ones. It is only a matter of time when those accounts will blow up, that is a guarantee.

If you follow those rules, you will be fine. The problem is there are only a few accounts that fit this criteria so you have to look very hard to find themwink

Elitefxsniper

Member Since Apr 01, 2018  46 posts Aleksandr (Elitefxsniper) Apr 23 2018 at 08:30
sjkhaushu posted:
Here are my rules:

- verified trading history
- no cent accounts
- broker ragulated at FCA or ASIC (if its not regulated, the results can easily be fake)
- no extreme scalping (scalability, liquidity, slippage and latency issues. When trading larger amounts the performance drops significantly)
- no grid or martingale strategies, they all fail without exception
- exact rules of the strategy have to be set so investor can recognize if something is out of ordinary
- every trade has to have a SL
- I much prefer automated trading to manual (no human factor) but its not a hard rule, just recommendation
- Max DD can not be more than two times higher than average monthly profit (e.g. 10% DD, 5% avg monthly profit)
- smooth equity/balance graph. If out of 12 months there are 10 with 2% avg profit and 2 months of 20%, the results are too volatile for me. It usually means that the trader went off script and thats a very bad sign
- equity has to be as close to profit line as possible. Never ever invest in accounts that have a great looking profit line but the equity is always below it. That means that the trader is holding on to bad trades and only closing the profitable ones. It is only a matter of time when those accounts will blow up, that is a guarantee.

If you follow those rules, you will be fine. The problem is there are only a few accounts that fit this criteria so you have to look very hard to find themwink


it's your dreams)) no more!
If a trader makes 6% per month (100% per annum), investors will pray to him! Hedge funds make 20% per annum! Uoren Buffett make 20% per annum!
And you still want a small drawdown))

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