HotForex PAMM
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HotForex definitely has its own peculiarities which seem to me interesting. Several account types is something that I like, and truthfully, I choose brokers according to this parameter.
Trading here is an ordinary one. Open position, wait for breaking the level of support/resistance, receive profits. Or, open position, fail in analysis and lose money. Classics. Everything works properly, sometimes, I faced requotes, but it's kinda rare.
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I trade on a Micro account. I trade aggressively. This account offers the highest leverage size, namely 1:1000. So, I can open more trades at the cost of decreased margin.
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Trading system based on price action and breakout strategy. Proper Risk to reward ratio with good Risk Management. Goal is to grow the account and make profit consistently.
Min drawdown as every trade with SL placed. Max risk per trade is 2% depends on market volatility
Hot Forex PAMM Manager : Nascap_FX
<iframe width='985' height='2120' scrolling='no' frameborder='0' src='http://charts.hotforex.com/pamm_managerdetails.php?managerHash=89ede6197df1fed64da9a560bf19bead'></iframe>
Min Investment : USD 250
Success fee : 15%
Penalty fee : 3%
Trading Period : 1 month
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Hi guys,
I understand they are discontinuing the PAMM service at the end of this months for the citizens of the European unity. Is it somehow possible to contact a given trader, which is offering PAMM? Thank you
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Hi,
they will not allow myfxbook format - as they would loose most of their PAMM clients :-)
I am one of their PAMM managers - and have no issues showing my PAMM on Myfxbook :-)
http://www.myfxbook.com/members/marek100/fxdream/1646367
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Is there a way of listing all of the PAMMs that are run in HotForex in chart format under MyFXBook? Since it's impossible to see the equity curve in HotForex itself. I want to see the equity curves in MyFXBook.
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Until the date and since 2010 exemplary behaves this broker.
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I just had a heated argument with my account manager about the PAMM system. I don't use PAMM yet but I found the statistics displayed on the website very misleading - bordering on criminal in my opinion. There is no equity curve displayed only a "profit" curve based off closed positions only. As PirFX mentioned you can see the floating profit/loss but to most investors who have never traded before its an insignificant stat.
What traders do is hold onto losing trades but continually bank the winners. This creates good looking stats. 95% winrate, gain of 1000% etc but if you look closely you will see the managers have a floating loss equal to their profit!! They are "lying" with statistics.
Always look at equity as an indication of their skill.
That said, I am a happy customer of Hotforex and I only wish they rectify this soon.
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What about the PAMM V2 they are offering? How safe the rating of manager there? Any suggestions?
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Was a customer till today..Customer Service sucks...Profitability is so-so and Platform is below par...
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and what if I invest and then have some questions to discuss with my manager. I don't get it. Why can't I contact him?
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i am interested.....howb do we do this
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a manager cannot communicate directly with his investors and vice versa. Whenever I receive a message from investors it comes via the hotforex pamm department
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I manage a PAMM account at HotForex, so far they are good in general. The only downside on their PAMM platform is communication between investor and manager. Bummer. But everything else are just fine.
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I didn't understand a single word you just wrote! 😎
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Hello
We are manage Pamm account for the Hotforex customers.
We are in the top 10 in the best result there (More then 200% in verify account in few months).
They have a easy to use system and they pay us our commission automatically.
They have a very good service.
If you ave any questions you can contact me.
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maybe...i really do not day trade..so i dont know
PS: om mani padme hum is buddhist not hindu
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om many padme hoom)
thx
byt i talk with peple they told me that spread is not funny there
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rollover*