Hello Thank you for following my FxOPEN PAMM account. It was also first time for me to use the PAMM System and had to learn how they compute results. FxOpen calculates performance based on the EQUITY I found out, and therfore is impacted by new deposits and withdrawals. In myfxbook they calculate real profits, based on closed trades and balance. On this PAMM account I trade curently 3 Strategies and one of them is in a drawdown ( CADJPY - Long term startegy). The other 2 Strategies are short term nature and generate steady profits. When CADJPY shows again volaitilty, I can close the positions. But indepentend of the timing on this pair, the other Strategies will grow the equity and account balance. My Goal is to make 30%+ profit a month. Thank you for your patience.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.