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Low Risk PAMM (By Gerald )

The user has deleted this system.

Low Risk PAMM Discussion

Gerald (gerald325i)
Nov 07 2011 at 09:11
159 posts
This is a PAMM account. PAMM stands for Percentage Allocation Management Module and is a technical function that allows a group of individual accounts to be managed under one master account. The purposes of using the PAMM model is for efficiency of time, to allow for more effective money management and so that all managed accounts are treated fairly and equally. Profits and losses from each trade are automatically allocated based on a percentage basis so that all managed accounts will receive the same percentage returns.
Commission for this PAMM account is 15% of monthly gains, which is much less than most other PAMM accounts offered by Account Managers. No other recurring or maintenance fee is charged. The minimum initial investment is a $2,500 USD equivalent, and funds can be withdrawn at any time with a 72-hour notice so that I can take appropriate measures. This account will have a limit of 10 investors, and once that number is reached, I will offer additional PAMM accounts with a higher commission.
The goal of this system is to attain a constant gain with sound risk management principles. I will strive to make money as I am also customer number one with $3,000 of my own money invested in this account. Why should you trust any money manager that has no money of his own in it?!
Signing up to this PAMM is done through a direct link to the broker –FinFX-. They in turn, will provide a Limited Power of Attorney to protect your investment. The Virtual Private Server (VPS) for this account is located on the same backbone as the live server, so latency is an outstanding average of 2ms.

Although my intention is to grow this account infinitely, the first goal of this system will be to attain 100% growth. Once that level is reached, an opportunity will be given to each investor to withdraw their initial funds. In order to do this, the system will be halted while positions have closed. Once the balance is closed again, the system will restart. While the system is halted, I will give an opportunity for members to vote on a new level of aggressiveness or continue with the same settings.
Take your profits while you can or the market will take them from you
Gerald (gerald325i)
Nov 07 2011 at 09:26
159 posts
BLUF: To all those who were following the initial PAMM, I have deleted old posts because I do not want somebody else's free advertisement on my system, be advised that I will delete any idiot who comes here to post his own system. To anyone thinking that the missing old history is a way to be less than transparent, then it all depends on how well you know what transpired. So to be transparent, here it goes to anyone new:
This PAMM was just about to get started with funding from 3 investors plus myself, and funding was not entering the account. FinFX failed to tell me that in order for the money to flow, no trades could be open. In addition, FinFX had erroneously set my leverage to 1:100 instead of the agreed 1:200 and they failed repeatedly to fix the error until someone from the company finally advised me that for the change to take effect my MT4 would need a restart!. And if this set of dominoes was not enough, I set the initial lot sizes for an account of $9,000 while only my own $3,000 where there. Add that to an unlucky day when EURCHF took a dive and this resulted in a very fast high drawdown and a loss of $1,000 of my own money.
The lessons learned are many.
Take your profits while you can or the market will take them from you
Kookoo
Nov 07 2011 at 14:11
66 posts
Hi Gerald - they allowed you to put money into the account with open trades but are unable to place my deposit in my account and link it until there are no open trades... anyway looks like all trades should be closed very soon.
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