PAMM Accounts
PAMM (Percent Allocation Management Module) accounts are investment accounts that allow multiple investors to pool their funds together for joint trading on the Forex market. A managing trader gains access to all the combined funds and trades on behalf of the investors. Profits and losses are distributed proportionally to the amounts invested by each investor in the PAMM account.This tool is ideal for those who want to invest in Forex but lack the expertise or time to trade independently. Investors can choose managers based on their trading performance and risk levels.
PAMM Rating
|
Comments
mtjay414 2024-12-22 02:47:48 #
Since the beginning of this year, I’ve been investing in PAMM accounts. Even though I have my own experience trading Forex independently, I realized that the risks with PAMMs are basically the same as trading on your own. Almost all managers eventually blow their accounts sooner or later. And most of them use martingale strategies. That’s what I’ve learned after a year of investing. I’m pretty disappointed. It all looks great in the marketing materials, but finding a competent manager takes a lot of time. Once again, I’m convinced that those who really know how to trade profitably don’t need other people’s money.
Juan 2023-11-28 20:20:59 #
When you invest in a PAMM account, the key is to exit at the right time. Almost always, there comes a point when the trader starts taking higher risks to show profits or recover from a drawdown, but it usually ends up with the account losing money. So far, I’ve managed to exit without losses — my profit is nearly 80% this year. For now, PAMM accounts are working well for me.
Ru