PAMM/Low Risk討論

This is a PAMM account. PAMM stands for Percentage Allocation Management Module and is a technical function that allows a group of individual accounts to be managed under one master account. The purposes of using the PAMM model is for efficiency of time, to allow for more effective money management and so that all managed accounts are treated fairly and equally. Profits and losses from each trade are automatically allocated based on a percentage basis so that all managed accounts will receive the same percentage returns.
Commission for this PAMM account is 15% of monthly gains, which is much less than most other PAMM accounts offered by Account Managers. No other recurring or maintenance fee is charged. The minimum initial investment is a $2,500 USD equivalent, and funds can be withdrawn at any time with a 72-hour notice so that I can take appropriate measures. This account will have a limit of 10 investors, and once that number is reached, I will offer additional PAMM accounts with a higher commission.
The goal of this system is to attain a constant gain with sound risk management principles. I will strive to make money as I am also customer number one with $3,000 of my own money invested in this account. Why should you trust any money manager that has no money of his own in it?!
Signing up to this PAMM is done through a direct link to the broker –FinFX-. They in turn, will provide a Limited Power of Attorney to protect your investment. The Virtual Private Server (VPS) for this account is located on the same backbone as the live server, so latency is an outstanding average of 2ms.

We are live as of Monday 17 October with 1 account active (mine) and 2 accounts being processed. Please if you sign up, I will need your e-mail address so that I can contact you with any change I may make.

PAMM Account Goal:

Although my intention is to grow this account infinitely, the first goal of this system will be to attain 100% growth. Once that level is reached, an opportunity will be given to each investor to withdraw their initial funds. In order to do this, the system will be halted while positions have closed. Once the balance is closed again, the system will restart. While the system is halted, I will give an opportunity for members to vote on a new level of aggressiveness or continue with the same settings.

Low risk. Aha. Your account was down almost 50% this morning. Gambling on the EURCHF is just that - gambling. And who on earth auto-trades AUDNZD with a spread of 10 or more?? You should pursue a career in investment banking - your definition of 'risk management' may suit the Big Boyz but probably not retail traders. Charging money for your 'account management' is ambitious, to say the least!

OK, point well taken. This is where I went wrong: I had -prematurely- set up the account for $9000 since I'm waiting for two investor's funds to hit the account, so call it gambling but right now it's just my money. And also, I do count on the SNB to abide by the 1.20 floor. Do I gamble with their word? perhaps. Look, hindsight is 20/20. If you have a crystal ball and know how to better predict where the market is going then you will most certainly do better than me at money management...could you then show your own account Mr. Mystery man?
And as for the spread for AUDNZD...it's an average of 5.7. And it was backtested with a 7 pip spread...and pretty profitable I must say.
Lastly, and to anyone reading, this gentleman does have a point. Forex carries an inherent risk. If you want 100% safety, there is always a spot under your own mattress.

It's simple - the crowd is always wrong. Check out FXMC's SSI index which measures the positions of retail traders - when they are long, the market goes the other way and vice versa. The correlation is almost 100%! The retail crowd was terribly wrong with the USDJPY and will be proven wrong with the EURCHF - if a trade looks too easy, with that infamous '1.20 floor' and all, then it usually is. The long vs. short ratio in USDJPY stands right now at a whopping 10:1. It will be fun to see stops blowing up like popcorn all the way down to 75 ;)

Besides, your system is not going to survive another 200 pips drop, even if that floor at 1.20 holds.

And, yes, I have a crystal ball, am trading for a living. So do my EAs, see attached screenshot. It really is my account. Look at the drawdowns and enjoy.

Well, your screenshot certainly looks like it came from myfxbook.com...why not just provide the link?

Just open an account with me (min 50 k) and you'll get your own myfxbook page with all those colourful charts :)

Hi Gerald - I am investing in this but I am getting a bit worried because there is 60% draw down on equity today. This seems really high risk, I was looking for something slightly safer and longer term.

me too Gerald ,I was about to send my money to finfx , i saw dd and thouught i should weight.I see this is where all money mangers will go wrong , check genial invest discussion I have lost 20 k .I think youhave enough money go safe and get more customers .Everyone knows fore is risky and everyone prepared to loose money .I have confidence u will make ,U have mentioned this setup is for 9 k account.I believe if t is MAM you can pool money and make a setup for total sum(may be wrong dont know )

As I said, I had set the account prematurely to accommodate money that was about to be transferred from clients...like you kish. If that money would have come in, the account would have reached a DD of 88% instead of 50%. Look at my other accounts. This account was supposed to mirror the other low risk account I have which is doing pretty well with he same setup.

Also, FinFX had locked my leverage at 1:100 instead of 200, that caused the margin call...they kept denying that it was at 1:100 until finally they asked me restart MT4, by then it was already too late.

In any case, it is what it is.

Hi Gerald, FinFx can't put the money into the account while there are open positions - this is what they have told me. I have sent you an email looking for some guidance. Regards, Francis

Well, let me see, I have two options then:
1) Close manually at a loss
2) Wait till they close on their own

I'll give it a chance.

Hi Gerald - Nice to see FinFx did the right thing and refunded the money from the incorrectly stopped out orders! Great to have a decent(ish) broker on our side.

Ohh you noticed that! Yes, apparently they did, even though they replied by saying that it was not the leverage...and at this point, it still would have been a margin call. I'm done agonizing over this, it is not the first time I take a hit and unfortunately it won't be the last. But I always manage to recover :) In the long run, the winnings more than offset the loses.