PAMM-account is a relatively new investment tool of the financial market.
Therefore, the Internet has little accumulated really useful material.
Therefore Masterforex-V Academy has decided to help you sort out this issue.
How can intelligently choose a manager, who will delight you with an increase in investment?
Let's go over the basic steps to a managed account.
Step 1. The company's choice.
To date, many brokers and dealing centers offer to become investors PAMM accounts. really need to analyze the conditions in each of them?
course you cannot, but more reliable way to pre-selection will be the opinion of people who on their own experience, these companies have already checked. Here indispensable assistant to score from Academy Masterforex-V "Best PAMM forex broker 2012" .
It takes into account not only the conditions for investment in the PAMM people's opinions, but also the quality of the company itself. You do not want, for example, face the problem of non-payment of the profit?
Step 2. Manager selection
Здесь перед нами встают ряд вопросов:
Who was he this control?
Desirable to have a minimum of information about the control - age, education, etc., which characterize it.
With rock work and the history of trade.
Term work - the more, the better. History work need both positive and negative. You should see what squandered allowed, how long was needed to be filled.
Maximum drawdown.
It will show you how much risk the manager admits. If it is common and large in size, we can conclude that the manager expects more to the case than on the well-written trading system.
Equally important point - the size of equity manager.
It shows you how to take over control of certain of themselves, their skills, knowledge and trade system.
Equally important indicator - the dynamics of the impact of trade.
Necessary to examine in detail the history of profitability and schedule workload deposit.
- if during the period of trade loading deposit represents a certain number, it indicates the stability of income;
- if the download deposit is sharply reduced after a few months of trading, it means that the control terminal of the expense in the first place ranking. It is likely of little interest income of the investor. After receiving a lot of money management as a leader of rating, in person he can earn even more significantly reducing yield trading.
Therefore current performance may be much lower than average.
Example of selecting the PAMM-account
To get started, select the most profitable
accounts 5.6 Choosing the least "the maximum drawdown."
- is 4, 5, 7, 8, 9, 13
Next, choose the 3 oldest accounts
- is number 4, 8, 9
These accounts are the most closely studied
- the dynamics of deposit growth
- the current capital control
Finally, select account number 8 - the maximum amount of private capital and the most gradual increase of the deposit.
So we discussed on what the key points to consider when choosing the investment instrument.
Read more:
- INDEX PAMM accounts - Example of risk-free FOREX INVESTMENT
Questions?
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