Should I open a PAMM account ?
Sep 21, 2017 at 14:53
1,105 Views
15 Replies
Sep 21, 2017 at 14:53
I thinking of helping my close friends and families member on trading, but handling so many MT4 accounts will be a mess for me.
Should I just open up a PAMM account and ask them to deposit fund inside ?
If Yes , which platform will be more reliable ?
Please advise
Should I just open up a PAMM account and ask them to deposit fund inside ?
If Yes , which platform will be more reliable ?
Please advise
Sep 22, 2017 at 07:03
I think, Myfxbook is the most popular site for automatic trading service! By the way, I don’t think it will be a good option to you! Because, you want to helps your family members! In this case, manual trading is much reliable and safe.
Member Since Aug 27, 2017
994 posts
Nov 28, 2017 at 15:45
If you are confident enough about your trading skill, then you can do so! What’s your current trading result?
keeping patience.......
Dec 01, 2017 at 12:42
I think PAMM account might be convenient for you. But I don't think that it was a good idea to involve close friends and family members in Forex. If you lose everything, they will never forget it. Don't deceive yourself that everything will be fine. This is Forex, not a walk in the park with friends and family.
forex_trader_292390
Member Since Dec 16, 2015
5 posts
Dec 03, 2017 at 07:37
is there any good PAMM manager?i need good manager
Dec 03, 2017 at 07:39
PAMM account in any regulated broker will be fine. If any strategy making at least 5% per month or more consistently, then it can bring huge investors as well.
Mt4 platform is best to start with, but if the account balance reaches more than 1 million USD , then there can't be any other platform other than FIX API. FIX API is the best platform to perform large volume trades and high frequency systems completely anonymously.
Mt4 platform is best to start with, but if the account balance reaches more than 1 million USD , then there can't be any other platform other than FIX API. FIX API is the best platform to perform large volume trades and high frequency systems completely anonymously.
Artificial General Intelligence
Dec 03, 2017 at 07:49
Irnest posted:
I think PAMM account might be convenient for you. But I don't think that it was a good idea to involve close friends and family members in Forex. If you lose everything, they will never forget it. Don't deceive yourself that everything will be fine. This is Forex, not a walk in the park with friends and family.
Never a truer words said. Why not teach your family and friends rather than trade their funds. They will blame you if there are any losses
Dec 03, 2017 at 07:58
Irnest posted:
I think PAMM account might be convenient for you. But I don't think that it was a good idea to involve close friends and family members in Forex. If you lose everything, they will never forget it. Don't deceive yourself that everything will be fine. This is Forex, not a walk in the park with friends and family.
Good advice! I see, many traders started there trading with lots of hope, and now there are not available here! Really, Forex is the most challenging profession.
forex_trader_275100
Member Since Sep 17, 2015
126 posts
Dec 07, 2017 at 07:59
AniLorak posted:Also most danger professionIrnest posted:
I think PAMM account might be convenient for you. But I don't think that it was a good idea to involve close friends and family members in Forex. If you lose everything, they will never forget it. Don't deceive yourself that everything will be fine. This is Forex, not a walk in the park with friends and family.
Good advice! I see, many traders started there trading with lots of hope, and now there are not available here! Really, Forex is the most challenging profession.
Dec 13, 2017 at 18:48
Adribaasmet posted:
If you are confident enough about your trading skill, then you can do so! What’s your current trading result?
Hello dear! I have almost 5 years trading experience and right now I am doing my live trading with enough joy! But, that doesn’t mean I’m trading with 100% success ratio! Overall, I am making regular money here, and that’s my satisfaction!
Member Since Apr 11, 2015
38 posts
Dec 14, 2017 at 08:41
Fund management comes with great responsibility. Before managing funds for others, it is wise to have consistent and long track record (several months to be the least) to showcase to investors that you can be trusted to manage their funds with professionalism.
Get to know your potential clients on their goals and objectives and then as a fund manager, you decide if you can deliver it.
If you have all it takes to be a fund manager, go for it. And investors will come and seek you before you knew it.
Get to know your potential clients on their goals and objectives and then as a fund manager, you decide if you can deliver it.
If you have all it takes to be a fund manager, go for it. And investors will come and seek you before you knew it.
Member Since Feb 22, 2011
4862 posts
Dec 15, 2017 at 11:39
h2tforex posted:As you dont share any results I suggest you will not open anything
I thinking of helping my close friends and families member on trading, but handling so many MT4 accounts will be a mess for me.
Should I just open up a PAMM account and ask them to deposit fund inside ?
If Yes , which platform will be more reliable ?
Please advise
Jan 17, 2018 at 13:01
AmDiab posted:Adribaasmet posted:
If you are confident enough about your trading skill, then you can do so! What’s your current trading result?
Hello dear! I have almost 5 years trading experience and right now I am doing my live trading with enough joy! But, that doesn’t mean I’m trading with 100% success ratio! Overall, I am making regular money here, and that’s my satisfaction!
If you are able to trade with a consistent profit, then you can try to trade in pamm. But before you collect money from your friends, you should understand that if you fail, you may face an embarrassing situation. Since you are not seeking to attract investment from outside, then you do not have to be ahead of the rating, so I would advise you to look for a platform with the largest and longest-lasting service.
Find the Holy Grail of Trade
Jan 17, 2018 at 14:43
I think it's worth to open your account if you are a successful trader and have experience behind your back. And you decided with your experience to help others make money and feel good. The main thing is to find partners who can attract enough investors to you,then you will earn money and help others.
Member Since Sep 12, 2017
9 posts
Jan 22, 2018 at 11:35
Hi all!
hope you are doing well!
If you feel you are good at trading and your strategies are good enough that you can create a portfolio on your trading and get traders linked to you, you can surely go ahead to be a PAMM manager.
hope you are doing well!
If you feel you are good at trading and your strategies are good enough that you can create a portfolio on your trading and get traders linked to you, you can surely go ahead to be a PAMM manager.
Jan 25, 2018 at 07:01
johnnathan posted:
Hi all!
hope you are doing well!
If you feel you are good at trading and your strategies are good enough that you can create a portfolio on your trading and get traders linked to you, you can surely go ahead to be a PAMM manager.
Yes, it’s a good option of making additional money! But, I see many pro traders like to trade silently!
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