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    Thread: How to choose a performing pamm account?

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      Default How to choose a performing pamm account?

      I want to invest some money in a PAMM acount at Instaforex, but there're many accounts and I don't know how to choose the best one.
      what are the criteria that must be considered before choosing a good account?


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      grrla (09-12-2018)

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      Quote Originally Posted by Canbix View Post
      I want to invest some money in a PAMM acount at Instaforex, but there're many accounts and I don't know how to choose the best one.
      what are the criteria that must be considered before choosing a good account?

      i think personally for me if i want to join some pamm account at the Instaforex website then i would look for old account that can make 30% consistently every month


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      Borneo Scalper (09-14-2018)

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      You have to check how long the account is surviving, the older it's the better to choose, then you check the drawdown , don't invest in account with high drawdown, 25% is the maximum that you should accept. And finally , the performance , choose the highest profits percentage!


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      Borneo Scalper (09-14-2018)

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      Quote Originally Posted by F'xTendency View Post
      You have to check how long the account is surviving, the older it's the better to choose, then you check the drawdown , don't invest in account with high drawdown, 25% is the maximum that you should accept. And finally , the performance , choose the highest profits percentage!
      have to be careful when choosing old account because now many manager will use old trading account for PAMM just to make the PAMM looks old and good.


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      moneygrows (09-18-2018)

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      Quote Originally Posted by Borneo Scalper View Post
      have to be careful when choosing old account because now many manager will use old trading account for PAMM just to make the PAMM looks old and good.
      Yes, account age can be set by the manager via the cabinet and edited anytime they want to do it.


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      Borneo Scalper (10-11-2018), grrla (09-20-2018)

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      Quote Originally Posted by moneygrows View Post
      Yes, account age can be set by the manager via the cabinet and edited anytime they want to do it.

      most important is to check monthly performance of the forexcopy or the pamm service that we want to follow and this can be done from the Instaforex website.


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      Borneo Scalper (10-11-2018)

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      Quote Originally Posted by grrla View Post
      most important is to check monthly performance of the forexcopy or the pamm service that we want to follow and this can be done from the Instaforex website.
      yes need to check that but it is so small and hard to see on the instaforex website. Maybe they need to do new layout so customer can see the details easily


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      grrla (10-12-2018)

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      Quote Originally Posted by Borneo Scalper View Post
      yes need to check that but it is so small and hard to see on the instaforex website. Maybe they need to do new layout so customer can see the details easily

      i agree the monitoring page very hard to understand maybe Instaforex can do new designs for it.


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      Borneo Scalper (10-15-2018)

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      Look for all the numbers - win loss ratio, max drawdown most importantly and profit factor. see the biggest loss and biggest win. if this is biggest loss much smaller than biggest win it is good sign. And dont look for pamm project that has 100% win rate for past week with high risk...


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      Borneo Scalper (10-15-2018)

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      Quote Originally Posted by grrla View Post
      i agree the monitoring page very hard to understand maybe Instaforex can do new designs for it.
      yes redesigning it and make it easier for people to see the important informations like drawdown, monthly profit, etc.


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