PAMM #1 Diskussion

https://www.liteforex.com/asset-investment/pamm-monitoring/account/58882/

When Remus asked if its a cent account, he meant ' is this 25k or $250?'

Manager's Capital: 200 USD

Hi Will,

it's $25.000, or 25k, not a cent account. LiteForex requires a minimum manager investment of $200 before the PAMM account becomes public, which is what was deposited into this account. Investors investing through LiteForex into this PAMM account will be charged a 25% manager's renumeration fee on their profits.

Anyone wishing to introduce his/her clients to our PAMM account at LiteForex will receive a 75% share of our renumeration fee, as we feel it is fair to the introducer to have a majority share. And of course we don't only want to outperform the competition, we also want to give more back to our participants; we want to do this together.

Thanks for the inquiry!

Sincerely,

Jos

System Log 1

After two weeks of trading, we're a nice clean 2.44% up. Perhaps, depending on the strategy you're using, this could be considered both good and bad. The past two weeks certainly had their swings, which could perhaps have been used to more advantage. But, I prefer stability and don't like risking too many trades on a sudden strong trend developing. We all know traders or systems that score up to a 100% in just a few weeks. But most experienced traders also know that this is not a sustainable way of trading and will eventually fail. And Murphy's law tells us that it will fail at the worst possible moment...I'm not a firm believer of said law, but I'd rather not run any risk either.

Let's hope the quiet markets during the holiday season will bring us to at least above 26.5k before January.

Sincerely,

Jos.

Small update: I've decided to make all my trades public. I see so many managers hiding their equity and history, and always feel there must be something fishy going on. So, hereby, full transparancy. I hope others will follow in helping investors and traders get honest and reliable information.

System Log 2

Congratulations if you're one of the shareholders, we're already over 15% profits! Far beyond our original goal for this month.
 
I'll admit right away I wasn't expecting this month to be so hot, with the holidays and all. Those ARE still coming closer though, and last Friday certainly showed an extreme reduction in liquidity. With that in mind, I'm reducing lot sizes and trading frequency until January 5.

And until then, I'll be enjoying the holidays, and won't be in touch much. Have a great and warm christmas, and see you in the new year!

Sincerely,

Jos.

System Log 3

Happy new year everyone!

We hope it will bring you great things.

We've nicely closed out the year with a 19.83% profit, and that in only 6 weeks! Of course we had one very nice trading day to which almost a quarter of that can be attributed...so let's not take 15% as a monthly average and stick with 10%/month for the coming year.

During the last two weeks of this month we'll be on holiday, but of course a forex addiction is not bound to any country or place, so we'll keep monitoring the account regularly. The VPS it runs on is based in Amsterdam and in London, fully redundant in case of power or OS failure, MT4 crashes, etc, so I don't expect any issues whatsoever unless someone decides to bomb both cities at once! I or LiquidityFX won't be writing much during the trip, but you can expect another update in February!

In the mean time, if you're interested, you can find our account here: https://www.liteforex.com/asset-investment/pamm-monitoring/account/58882

Sincerely,

Jos.

System Log 4

Hello readers!

Hope all is well, here it certainly is. Although that might not be said of the account. Though many EA's had a bad time, I'm still not exactly happy with the performance of this portfolio. However, it's still in the green, after a short dip in the red.

Ie did add a few new systems to the mix a month or so ago, but other than that the system is still exactly -as is-.

During the last few months I was asked by Adam to help out with the NMi Super Scalper, explaining my absence, and I've also been working on my own robot. One that isn't too sensitive to broker speeds, spread, etc. I probably won't sell that robot though, as I've seen so often now how easily that gets abused in one way or another.

In a few weeks I should have more time to reevalute the systems running on this PAMM account and change the risk ratio on some of the components present.

Sincerely,

Jos.