How to choose a good PAMM account

nasrul_poyo posted:
1st, no martingale. Then, see the drawdown with trade age more than 6 months at least.

axing posted:
How to choose a good PAMM account. thank you

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 them😉

Elitefxsniper posted:

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 them😉

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))

sjkhaushu posted:

Elitefxsniper posted:

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 them😉

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))

I wasnt talking about specific profit targets, you came up with those. However 100% per year is achievable with acceptable DD.

Just because you dont know traders that can achieve this, it doesnt mean they dont exsist. But it is very rare, that I agree with.

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 them😉

nasrul_poyo posted:

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 them😉

Maybe you are too old when you find 1 that meet your criteria.

I tell you something, I went bank for investment, they asked my profit target. In order to have 20% per annum, i need to risk 50-100% my money invested.

Ok, let search trader that meet your criteria. haha

Elitefxsniper posted:



Mages of the market make a stable 100% per annum, my goal is to become one of them, then I will choose investors myself)

sjkhaushu posted:

nasrul_poyo posted:

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 them😉

Maybe you are too old when you find 1 that meet your criteria.

I tell you something, I went bank for investment, they asked my profit target. In order to have 20% per annum, i need to risk 50-100% my money invested.

Ok, let search trader that meet your criteria. haha

I already found such system, 2 in fact. Maybe you should spend some more time developing your own system than writing things without doing actual research.

sjkhaushu posted:

Elitefxsniper posted:



Mages of the market make a stable 100% per annum, my goal is to become one of them, then I will choose investors myself)

It depends.... If someone makes 100% p.a. on 50% DD, thats a bad ratio. 100% on 25% max is a different story.

axing posted:
How to choose a good PAMM account. thank you