general opinion of PAMM accounts?

[Morning1234]

There should not be many traders. But there should be more than one in the portfolio. Quality is more important than quantity.

So be it. I have nothing against it. I tried to invest in managers' pamm and always had losses in my portfolio. A good manager is visible at the peak of his equity.

 

[Managedacchunter]

i will say at least 95% of them are either crap, misleading and manipulative stats, wrong broker, poor track record or only perform well in the short term. However, if you know what to look for and you know where to find the one that suit your criteria and remain persistent, you will find them.. Just be very careful.

 

[pashaev]

i will say at least 95% of them are either crap, misleading and manipulative stats, wrong broker, poor track record or only perform well in the short term. However, if you know what to look for and you know where to find the one that suit your criteria and remain persistent, you will find them.. Just be very careful.

The same statistics not only for PAMM but also in any business.

 

[CRPA9]

Iv seen a few but never trust them

 

[momo3HC]

Iv seen a few but never trust them

Did you long-term checked them?

 

[Managedacchunter]

Iv seen a few but never trust them

Always good to be cautious and everyone has their way of determining when to trust them or not. Curious, how did you decide that you don't trust them?

 

[Christina Ledger]

In my experience it`s not bad but can cause negatives cuz a slow in connections. There`s many ways to copy a service so everything depend from the service provider which you copy.

interesting, ok. will take that on board

 

[CRPA9]

Always good to be cautious and everyone has their way of determining when to trust them or not. Curious, how did you decide that you don't trust them?

They have to be going for atleast 8 months profitably, with under 10% drawdown really.

 

[CARL94X]

what is the general opinion of PAMM accounts?

If they are safe and have verified results should be no problem.

 

[fxoday]

Copy trading is different term with the PAMM system, copy trading will only need to set up lot size and automatically will open new positions if leader open new order, don't need to open mt4, PAMM system as an investor only need to deposit to account manager, profit based on result trading divide with profit-sharing presentation