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general opinion of PAMM accounts?

Discussion in 'General Forex Talk' started by Christina Ledger, Mar 19, 2019.

  1. Olieng38

    Olieng38 Private, 1st Class

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    PAMM accounts are good, if you really have no time to spend on trading and you have enough money that you don't mind losing. If you want something that you can have control over and be sure that the profits you are getting are what you are worth, then give PAMM a miss
     
  2. pashaev

    pashaev Private

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    Investing in one trader is very risky. PAMM managers like a stocks. Need to recruit diversified portfolio for balance of risks.
     
  3. Morning1234

    Morning1234 Private, 1st Class

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    In this case, you are guaranteed to be losses. By increasing the number of traders in your investment portfolio, you increase the risk of losing part of your capital. Yes you will not lose everything because of diversification. But you will definitely get losses as a result of investor activity. Some traders make profits but this will not cover the losses of the losing traders.
     
  4. momo3HC

    momo3HC Corporal

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    Diversification is always good but in this case may be not so good. You can`t trust many PAMM managers no matter how good they are. They are humans at all, not a machines.
     
  5. carnelian

    carnelian Private

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    PAMM accounts are best options as they are descrbed that one can get sure money from managed accounts. Did someone experience with them how they find it beneficial than normal trading accounts or not. I have no idea how they work but can suggest to work with PAMM accounts with limited amount . May be this will excite me.
     
  6. Citaub

    Citaub Recruit

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    I fully agree with Oleg. It is very hard to find one PAMM trader who can make continuous profits to your investment. Such traders usually require some higher amounts to be invested, so probably, PAMM is a game for wealthy investors
     
  7. Christina Ledger

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    ok that makes sense, just i did some research into some pamm and MAM accounts offered by some brokers and the capital requirements are insane so i was immediately put off.
     
  8. Esannniki12

    Esannniki12 Recruit

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    We have good discussion here about PAMM accounts, which I find very interesting. However, I would really like to hear more experiences from people who were actually invested money with PAMM. What was their experience and especially profitability? Anybody?
     
  9. Waldai

    Waldai Recruit

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    I was not using any of PAMM, but Iwould be interested to hear opinions from other traders. I think that it is very hard to find one PAMM trader who is trusted and reliable and knows well how to make profits. Then, these profits are shared but I cannot be certain that I will actually get agreed share
     
  10. JamesForexSlayer

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    I am yet to find a decent one.
     
: pamm

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