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Thread: How to select a PAMM Manager?

  1. #1
    Senior Member
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    Mar 2012
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    How to select a PAMM Manager?

    Hello traders

    We all know the system of PAMM but i am asking the criteria by which you will be able to select a Manager for the PAMM and how will you do it.

    Criteria:

    1. Past Performance

    2. Initial Investments

    3. Draw Down Periods

    Please discuss?

  2. #2
    Senior Member
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    Mar 2012
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    622

    Re: How to select a PAMM Manager?

    My criteria are

    - min 1 year trading of pamm account
    - DD max 20%
    - initial is not strict , maybe start from $1 to test PAMM
    Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics

  3. #3
    Senior Member
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    Re: How to select a PAMM Manager?

    All other criteria set by you to select a PAMM Manager is good but then i will advise you to start with the initial funds of 10$ in the starting and then see the results yourself. :good:

  4. #4
    Senior Member
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    Re: How to select a PAMM Manager?

    Well I will suggest a investment of 100 $ to start with and a PAMM manager must have given the returns of atleast 20 % in a period of 1 years and should be good and can be relied upon .

  5. #5
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    Re: How to select a PAMM Manager?

    - minimal 6 month trading of PAMM account or I know trading skill of trader who run this PAMM
    - DD max 30%/month
    - May be start from 100$, cause higher capital thats PAMM trader manage he will trade more seriously.

  6. #6
    Senior Member
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    Re: How to select a PAMM Manager?

    I will select based on the following

    - 1 years trading of PAMM account
    - DD max 20%/month
    - Starts with 1000$ funds

  7. #7
    Senior Member
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    Re: How to select a PAMM Manager?

    @nsawork - Well mate to start with initial investments of 1000 $ in PAMM accounts will be too much to start with and specially when PAMM accounts are risky and could be scam. I think we can start with 100 $ - 200 $ and then let them grow with the returns which should be a better idea .

  8. #8
    Senior Member
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    Re: How to select a PAMM Manager?

    I know most times traders trying to choose pamm managers just focus on the high figures they see. They also look at short time rather than long term. I won't choose a broker with high drawdown, and also, i will not choose a manager who would hold an order for three days and close it with 30pips. The number of investors following a pamm manager should be considered too. The profit sharing ratio should be given a good attention

  9. #9
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    Re: How to select a PAMM Manager?

    -More than 1 year PAMM account trading
    -DD max 20%
    - Starting capital $500

  10. #10
    Senior Member kalex76's Avatar
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    Re: How to select a PAMM Manager?

    I will also see the TOS of those PAMM managers apart from the trading period,return and good capital investment .While depositing and withdrawing money ,we should have the easiest rules offered by PAMM managers what i fee. :good3:

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