MAM, PAMM and LAMM Managed Forex Accounts Explained

MAM/PAMM Accounts

Is trading clients money through a MAM/PAMM account a possibility?
Are there many legalities of doing this in the UK?
Thanks
submitted by iHaveMSTXShares to Forex [link] [comments]

New things ...

New things ...
I'm going to start doing some new things. First I want to do a quick round up of things I've been doing recently and responses of those who spam my posts calling me names.
I've tried to make some sort of reasonable progress with these people;

Things I’ve tried to this point;
I tried - Asking who they think it is that was scammed and offering to pay them back if there is any case to be made. I also offer to pay people just for being able to name scam victims.
Response - There were no scam victims to be named. Discussion was never focused on this. It was largely name calling directed against me and changing of the subject.
I tried - Offering to hold a video call with any person or numbers of persons in which they could ask me questions. We could discuss things amicably and make some sort of progress. I offered to record the whole thing so it could be posted for all to see.
Response - This offer was ignored at first. I asked over 10 times and finally I got a reply, “I’ll video chat your dumb gay ass”. I tried to arrange a time and date and there were no further replies.
I tried - Offering to copy trades onto an account which they opened and there was no way I could manipulate. They’d have a record of every single trade I took/posted and be able to show people the real outcome of my trades. I offered to do this for at least 6 months.
Response - Entirely ignored, and continued to speculate that all my trades are losing and if I say otherwise I am lying.
I tried - Setting up an account to track trades and display results publicly. In this account after 900 trades have been made the win rate is almost exactly 35% and the account is profitable. It trends up (losses never going under starting balance). 35% win rate is the specific number I’ve said for 6 months I needed to be profitable - what are the chances I could fake this?
Response - Continue to ignore that the strategy is net profitable and say I am a loser any time there is a single event which is a loss. This can be one down day, sometimes just one down trade and many times the account is actually profitable but it required one update and change of position to achieve this, so my first statement was wrong (And profitability in move ignored).

Results mentioed above.
https://preview.redd.it/7ls0nel31ih51.png?width=902&format=png&auto=webp&s=64853b3867a6866bb23cb555c5e3c4321fe55ce5
https://preview.redd.it/md1iyyx81ih51.png?width=909&format=png&auto=webp&s=f0f66b562011cf992d5e25fd8d03583781b7956f
I'm not going to bother running a demo accout portfolio anymore. I'll set up a real accoutn portfolio for marketing purposes, but I'll leave this accout running. This is a copy of what any one of these people calling me any number of names are welcome to have a free copying account for - all I asked them to do is share the results I generate alongside the stories they generate.
I'll leave this updating (For yrs) for you all to see and remember at all the offer is open to skeptics - I want you to see every single one of my trades, and then tell people the truth. Please do that. Send me a message to get a copying account. Here's a link to the updating account. http://www.myfxbook.com/members/autocopyfx/dean-black-low-risk/6632281
My risk of ruin stats give me a 001% chance of losing 10% because trading the way I am (Based on closed trades) I'd have to lose over 750 trades in a row for that to happen. All of this is entirely consistent with everything I've said over the last 6 months. During the time of this trading the market is up 2%, and I have not lost. I am up 3%. Doing exactly what I say I do.

https://preview.redd.it/fzjxy4vf4ih51.png?width=883&format=png&auto=webp&s=a38df77b7b634a4b32652ae8ccad05ffb67ae48b
I’ve done various things to collate results and allow for the objective analysis of these. They have now deleted the content in the Discord servers - apparently if you don’t save backups people delete it. Seems like a strange system to me. But they did tell me when they deleted free training I put there (That people wanted, that was selfish) how they did it and I never bothered to look up what it was/how to fix it.
It seems the more I do to make it possible to move forward amicably the more abuse I get and the more disruptive they aim to become. I won’t get into name calling, but I do not think this is befitting of the values they promote. Nor do I think they have any credibility at this point, but that’s up to the individual.
They justify these things with claims I am clandestinely marketing in the hope of executing some sort of scam and you, dear unsuspecting reader. I’ve tried all the other things I could think of, so I’ll try really marketing products and doing full and transparent displays of the results of my clients and I. See if even running profitable services through regulated partners works.
I really didn’t want to do retail services, but over the last 6 months these people have told endless lies about me. Went on campaigns to spread these lies actively. Alongside these lies posted addresses I assume they believe me to stay at and delete chunks of my work - and I’ve decided I’m going to give them what they ask for. A lot of it. More than they’d have expected.
Since I am now marketing services, I will do live tracking of results on all of the products offered. Everything will be verified by results tracking software.

The New Things


Signals Script.

I’ll come up with a better name, but for now it does what it says on the tin. It’s a script that will display signals for you inside of a MT4 trading platform.

This will come in, at least, three versions.
Version one: A simple script that will display text alert signals inside the MT4 platform. The scripts will be “Use once” and new scripts will be sent out when there are new signas/trade plans. The alerts will give information on highlighted trading opportunities and market conditions. Training on applicable strategies to use in such conditions will be provided.

Version one will have multiple improvements added. Features to automatically tell you what position sizes to use to risk 1% (Calculated by your account size and stop loss) and some other things to make it a bit more user friendly. Trend strength analysis via moving averages, ATR, ADX, RSI will also be added. Signalling strong, medium and weak trends.
Signals inputted will come in two forms. Some will be manually picked signals. This is to say I look at the chart, decide the trade and then these are put into the script to generate this signal. Others will be automated. For example the script may be told to watch a moving average and only generate the, pre-defined, signal if price closes oveunder this level.
Version one will only be an alerts system. You drag and drop it onto the chart, it pings and prints out some information. It’s a testing period. Both to ensure the scripts work properly on the users end and also for people to get a chance to see the performance of the signals generated.
Version two will add the option of semi automation. In version two there will be the option to use scripts that already have the information in them to tell the trading platform to place pending orders. When you drag the script onto the chart there will be a place to pick percentage risk (Set to 1% by default) and an option to ‘Enable live trading’. If you enable live trading and click okay the scripts will then automatically set pending orders risking the percentage you have chosen or the default 1%.
Improvements will probably be made to version two to add a feature where as well as generating the text signals information the script can also set up a chart for you. So for example if the signal was, “Buy a break of the downward trendline”; the script would also be able to draw this trendline on the chart for you.
In the above example this script can also “Watch” the trendline and generate the signal when it breaks giving exact info on enter, stop loss, take profit and position size, but in version two for this to work you’d have to reload the script. Version two has no auto-updating features. In MT4 a script runs once and to run again has to be reloaded by the user.
Version three: Version three will move towards nearly complete automation. In version one market conditions are established and from there what strategies would be best are highlighted. In version two the script can watch different indicators to tell you when interesting things happen and what sort of positions can be placed to risk X%. Version three brings them together..
In version three there are still alerts that talk about what sort of market conditions we may have and the optimum strategy for this, but also provided alongside this there’s auto-trading capabilities. Take our example of a trendline break in version 2, in version 3 every tick the script runs again and can signal the moment it breaks, it can also then place the pre-defined trade.
Different automated trading strategies work in some conditions but very few of them can work in all conditions. So although in some cases these will be able to run profitably for long periods of time these are not entirely “Set and forget” systems. There will be times when one system has to be turned off and alternative systems used.
All three versions will be designed to run in MetaTrader 4 (MT4), which is the mostly widely available free trading platform. Endless brokers offer accounts with MT4. It may or may not be adapted to also work on MT5, but I don’t think many people use that anyway.
Versions one and two will be entirely free services. They are there to let people see for themselves inside their own trading accounts the performance. Demo accounts and can be used and results seen over time. Versions one and two will probably continue to run indefinitely, although after some time mainly by automated signals rather than manual input ones.
In version three I will probably make all the scripts for the auto-trading publicly available to all, but run a subscription service to follow updates on what specific trading patterns I am using in different types of market conditions and the exact settings I have trading different assets. Optimum settings for both low risk and high gain will be tracked.
All the automated trading software will come with settings to set a max loss where it will stop trading and close all trades. This gives you a lot of control over your risk.

PAMM / MAM Accounts.

PAMM and MAM accounts offer fully passive investment. These accounts are run via licenced brokers. The client opens a brokerage account and an agreement is signed between the client and trader to allow trades from the traders account to be copied onto the clients account. Fees are also agreed and these are paid automatically from the broker to the trader.

The structure of these sorts of accounts is there to protect the interests of all parties. Clients want first and foremost to know their money is with a reputable company with appropriate regulation and routes of recourse, should they be required. The traders want to make sure they get paid for the profits generated. Brokers play the intermediary here benefiting all sides.
Agreements are made in the form of Limited Power of Attorney (LPoA). This grants the trader only the ability to send trades to your account. It gives no access to the account itself or money it in. Deposits funds (and profits) can only ever be withdrawn to the entity who deposited it, as per industry standard anti-money laundering laws.
MAM accounts will be used more than PAMM, with PAMM only being used when it’s required. The models are similar in most ways but a MAM account provides more transparity to the client. In a MAM account you can see the exact trades you can do (in real time) and all of the closed trades. PAMM is more like a blackbox. It just displays wins and losses in $ only.
Fees on PAMM / MAM accounts will be 35% performance fees using the High Water Mark (HWM) system. HWM is considered to be the fairest of all the billing structures. In some billing structures if you lose $1,000 one month and gain $500 the next month, this is a +$500 month liable to be billed $175 commissions. This is detrimental to clients profitability.
In the HWM system there are only commissions due once the account makes new all time highs. So if the starting account was $10,000 and it went +$1,000 the HWM is now set at $11,000. Everything under $11,000 and the client account is losing relative to HWM and the trader is not paid. Payments only become active again in a month closed over $11,000.

Training Courses.

I’ll put together some training material on different sorts of strategies and when/how to use them. A lot of this I’ll probably just make publicly available for free. I’ve already disclosed much of the information and it would just be putting it all together in one place. I’ll probably do some paid ones in the niches I think the most lucrative opportunities are.

I think the years ahead my main focus is going to become creating strategies for selling options and using these as an income source. I see a lot of potential in this, especially if it is coupled with a “Babysitting bot” to run automated strategies to hedge the options you’ve sold in an underlying market (Like the futures markets).
I may also do some stuff on how to automate trading strategies. From how to design a strategy, how to write the code (Or outsource this) and how to backtest and optimize the strategy. This is a pretty broad and intimidating topic and not something I’ll be doing in the near future. But this is something there will always be high demand for, so I might do it later.

Over the next 24 hours I'll post a lot of swing analysis and stuff to replace the content that was deleted from the Discord. My plan for this month has always been to wait for the last week of the month and look for weakness. If I see weakness I will start to short aggressively in the month of September. I want to sell SPX on a retest of 3330 (It has to go under there first) and I think this will be sometime next week.
Once I've posted the swing analysis I am going to be very quiet for a few days while I work on putting the foundations of all this together. I'd planned to just keep doing the Discord thing, but they deleted the stuff there and things move on. Now we'll do things that can not be deleted.

You can watch the resultsof my trades during the time I am working quietly and not posting regular updates on my positions here. As soon I start to market services I'll set up live accounts to track these services. Once we're about a year into it I'll start to get all of my investment account audited regularly by one of the Big Four - that'd have been very helpful before.

Here are my current positions.
https://preview.redd.it/wd4bx8824ih51.png?width=883&format=png&auto=webp&s=c441310728a52055042e382ae796f17194b9aabd
submitted by 2020sbear to u/2020sbear [link] [comments]

Forex Investments PAMM and MAM for Beginners

Before investing in the trade market, it is important the potential investors gain insights about various terms of the investment market. One should gain knowledge about forex investments PAMM and MAM for beginners. They should understand how these both accounts work and how the trade happens. Sign up for your course of trading as your first step toward investing! Vist Now for more info : https://forexrobotexpert.com/
submitted by jackjohnson1610 to u/jackjohnson1610 [link] [comments]

Some (Perhaps Unpopular) Tips for Learners



Quit Quick!
TL:DR - If it's even possible you will quit, do it early. Otherwise, succeed. No matter what.

Commit, or quit. The markets are no place for part timers or hobbiest. The hard stats here are 3/4 of you will not make it. The ones that do, are going to take a lot of shit from the market before you do. If you are not going to be as determined to succeed in 5 years of failing as you are starting, quit quick. Save yourself the hassle.

If you think you're going to get it quick ... you're not. You might 'get it' a little bit, but then be smashed by market changes that you have no experience of. Early success in trading can be like building sand castle at the tideline. You're putting it together and it looks great, then whooosh, and you're starting again.

Even if you read all the books, attend all the courses, have personal training .... whatever. For you to be able to stand on your own two feet in the markets is going to take some time. There is an eliment of 'snakes and ladders' to it that is just inherent in aiming to build wealth (or produce ROI) on a speculative skill.

I am not saying this because I want you to quit. I want you to succeed. What I do not want to see is you quitting in 4 years time. Lots of people take over 5 years to learn this. Some 10. You want to get a payoff on that investment of time and effort, so make sure you will stick it out for that time. Be all in, or be out. There is no shame in noticing early trading is not for you. It is technically and mentally hard. It is not a natural skill, it takes some rewiring to do it.

Do Not Assume People Know More Than You
TL;DR - A lot of people know less than they appear to/think.

Even if you a very new. They often do not. People often repeat what they have heard. Some people think popularity is the same as profitabiliy .... we call these people "poor with statistics". Reality is, most people do not know how to make money. They are telling you what others said (and who knows where they got it?).

Worse than this, is there are people who think they know a lot. I think about the dumbest point in my trading carreer was once I got a few years in and thought I knew everything. The more you think you know, the less you probably do. These people often talk down at newbies, which can make it seem like they are smarter. Appearances are not always what they seem.

Do not assume you know more than people, either. Both are equally foolish. You do not know what people know, and since whatever you think you know may later change, you do not fully know what 'think' you know now. Just hold the conclusions you draw to a high standard of proof, and look for others demonstrating their own conclusions with similar high standards of proof (not chatter).

Lose Money
TL;DR - You're going to anyway, get good at it.

"Say what?????".

Yeah! Lose some money. Don't be a fucking baby.

You are going to lose money at some time. If you take the time to read the stories of highly successful traders, you will see we all bust. Exceptionally few do not. The ones who have the worst busts are the ones who start out winning.

You need to know how to lose. It is better to learn this losing a grand or so than a million. When losing, we end up facing the urges to produce a panic (or revenge) sort of responce ... which will epicly fuck up everything. You need to learn to feel this burn, and still make the logical choice. Good judegement will come from bad judgement.

Two things humans really dislike generally speaking are losing money and being wrong. Forex will give you a whole lot of both of them. You're probably going to have to make adaptions to your thinking patterns to be able to deal with this. [Action point: Read "Trading in the Zone"]

Observe Others Strategies
TL;DR - Watching other people trading opens up new perspectives.

Both winning and losing ones have their purposes. Make sure however you are observing them you can see the actual trades on a chart. So you can see specifically what is done (not just results or what is said). Personally I done this watching managed accounts. I learned a lot from it.

From highly profitable ones, I learned traits of the 'trader brain'. I seen how they protected equity, and siezed opportunities. Their strategies had structure and rational. It could be seen to be repeatable and the trades became predictable - and I could see why that made sense to do.

From losing ones, I got to look into a mirror of mistakes I made. When you see someone else doing dumb shit, it is more obvious it is dumb shit than when you do the same 'stuff'. I would say I learned the most from the accounts that were unprofitable.

(Note, if doing this make sure you use copy trading or MAM. Never PAMM. Due to technical allocation differences in trades, PAMM accounts do not yield the information you need)
Other examples of this are following signals services. Signals services are frowned upon here in this sub. I've noticed. These services are not 'useless' - it depends on how well they are used. There are many free ones, you can trade demo accounts to follow them. If you think you can not learn from bad traders, fair enough. People can. If you think there are not more skilled people than you doing this (anywhere!), you're 99.99% probability wrong.

Learn to Discard, Without IgnoringTL;DR - Have a critical mind.

No information is useless, and as such should not be called 'bad'. Much information is incorrect. You have to learn how to assess information and test it for yourself. Never let what others say influence the trades you make when you are testing strategies (remember, people disagreeing can be good. 20/80 success rate ... do we want 100% agreement?)

Everything we think we know should always be preliminary, and this means information we get we should use to re-check conclusions from information we have previous gleamed. For you to do this well it is important you have solid conclusions of your own, which you do not get from being a recievetransmitter of others opinons. There is a fine balance to this. You have to be open to new ideas, without being whimsical in your conclusions.

Do not accept information as true just because a lot of people say it is. Always hunt for the why, and be careful to seperate what are opinons from what are facts. Take time to learn all the popular opinions. Then look for people who give unique insights and ideas outside of (or tweaking) they opinions - they may have rare information, because they have evidendly done self study. [Action point: Write down all the things you think are true about trading, work on getting answers as to why they are true, or accept they are unproven]

Put a Value on the Skill
TL;DR - Become clear on the expected reward for your efforts.

Not enough people do this. What is the skill of trading worth to you in dollar value over your expected lifetime trading? Since trading can be a tough and time consuming thing to learn, you should be clear on the reward of it. Personally, this 'carrot on the stick' is what's pulled me through the hardest times.

The value of the skill depends on how you want to use it. I value it over $100 million. People may think this is hype, but I do not have any "How to make $100 million" training courses to sell. That's what it is worth to me, and it will remain worth that irrespective of if it is believed. This is not saying I have made over $100 million, just the skill I consider to be worth at least that having worked to obtain it.

If you are someone who wants to make a lot of money and thinks the numbers I am saying are hype. Numbers like $5,000 - $10,000 a month even seeming unrealistic - get yourself around different people! These are 'easy' numbers if you have good skills. If you get yourself into the top 15% (which is not all that hard if you remember breakeven beats 80%) you have an ability to do something almost no one can do, yet almost everyone wants. It's valuable.

This has been the most motivating factor for me in trading. I've seen real examples of people making millions (a year) because they have honed in a skill. I've also seen complete idiots getting into positions where they could easily make themsevles a million (maybe more than once), but then fuck it up ... because it's easier to pretend to have the skill (or think you have) than actually have it.

So from early on I have always had a framework in which I knew learning to trade (really well) would make me millions. This has given me an attitude of "closer to it now than I've ever been" ... no mather how devistatingly bad things may have went.
submitted by PFPFX to Forex [link] [comments]

Professional Forex Managed Accounts

Professional Forex Managed Accounts
You need to A Professional Forex Managed Account is someplace a specialized trader, justification administrator, or currency manager manages the trading on the customers' behalf finished a MAM or PAMM explanation. You can join in the Forex advertise without dynamically trading by subsidy a achieved Forex account, connected to how you power finance in joint assets to improvement admission to the stock market.

https://preview.redd.it/21tu2n43odo41.png?width=266&format=png&auto=webp&s=0554f439dfdad77df6b9b04937b129e0724a446b

https://preview.redd.it/vlqzz3m1odo41.jpg?width=282&format=pjpg&auto=webp&s=c7ca1837bc634a587d4cb5102ac494ab319c9983
submitted by JoshuaFaris to u/JoshuaFaris [link] [comments]

PAMM accounts What is PAMM account How Does A MAM Account Work?  BlackBull Markets - YouTube What is PAMM Account How to become a PAMM account manager? The Best Forex PAMM? Forex MAM and PAMM for investors

MAM / PAMM Module YOONIT’s full-fledged MAM/PAMM module has been designed with a complete set of features and elements professional traders (Money Managers) may require when it comes to managing multiple investor accounts (Slaves). MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) accounts allow fund managers to manage multiple accounts from a single account without having to create an investment fund. The performance (profits and losses) of a PAMM or MAM account manager is distributed among the managed accounts. The clients' managed accounts ... LAMM, PAMM and MAM accounts differ in how they actually function, but all essentially allow for someone to manage multiple accounts from one master account. Things to note. Alongside the rapid growth of FX trading services and brokers over the past 10 years, there has also existed a similarly growing dark side of the FX industry: rogue money managers. Since 2012, the NFA in the US, the FCA in ... Managed Accounts – PAMM & MAM . Managed Accounts sind getrennte Konten, die ein Unternehmer im Besitz, aber mit dem Handel Entscheidungsfunktion auf einen Fondsmanager delegiert. Managed Accounts unterscheiden sich von Investmentfonds wie in einem Investmentfonds, Beiträge von Händlern gesammelt werden zusammen in einem Korpus, der vom ... Managed Forex Accounts From Brokers With MAM, PAMM, LAMM Offerings. Forex trading is a risky business that requires a trader to have the necessary skills and experience to tackle the markets in a consistently profitable manner. As far as the overall profitability of Forex traders is concerned, only a small percentage of traders can enjoy profitable results, which not only requires talent but ... MAM/PAMM Accounts Super Zero Account Standard Account MAM/PAMM. Money managers can gain the flexibility to choose trading conditions, including commissions, spread mark-ups, account currency, performance fees and margin/call. Our low commission structure, combined with tight spreads, results in greater margins for trade managers. Apply for a mam/pamm account. What is a MAM account? Multi ... For instance, in a MAM or PAMM account, allocations to accounts are as little as 0.01 lots, and all order types are accepted. All orders executed in the main (master) account are transmitted into the rest of the accounts respecting specific parameters set by the person that manages the main account. Typically there’s a performance fee paid to the one that handles the main account, and it ... PAMM and MAM both allow fund managers to manage multiple segregated accounts through a single account, without the need to create a trading fund. Client managed accounts are all connected to the manager’s main account and all trades made by the manager are distributed proportionally among account holders. Similarly, the gains or losses arising out of a fund manager’s performance get ... Thousands of accounts can be traded with 1 click and with virtually no additional latency. MAM/PAMM software allocation methods are listed below. The allocation methods allow the software to act as a MAM, PAMM, or LAMM with several variations of each. Allocation Methods. Proportional by Balance Allocation . Proportional by Equity Allocation. MAM/PAMM Features. MAM manager to adjust trading ... FP Markets MAM/PAMM accounts allow money managers to make use of flexible allocation methods and real-time reporting of commissions and performance. NEWS: * FP Markets has been named as "Best Global Value Forex Broker" at the Global Forex Awards 2020 (to add to its award in 2019). SPREADS LATEST: ** Data acquired from our server shows our EURUSD spread to be 0.0 pips on average 36.98% of the ...

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PAMM accounts

MAM vs. PAMM Account in Forex Trading (Similarities & Differences) - Duration: 3:43. Forex Lens Inc. 9,100 views. 3:43. How can I make an investment to a PAMM portfolio - Duration: 3:54. ... Introduction to PAMM and MAM - Duration: 2:00. Sherry Chou 9,518 views. 2:00 . Avoid Paying Taxes Legally!!! The Power of A Home-based Business - Duration: 17:12. Chinaza Speaks Recommended for ... At the seminar we will tell you about the opportunities that the investment service of the PAMM-account opens, its features and principles of work. Also you will learn how to make your PAMM ... Hello guys. Check out https://copytrade4.me. We offer a PAMM and MAM solutions for Forex investor. A MAM account is a type of Forex account in which a money manager trades an account on client’s ... This video is unavailable. Watch Queue Queue. Watch Queue Queue PAMM / MAM / Social Trading - Investment Platform by B2Broker - Duration: 10:40. B2Broker ... What is PAMM account - Duration: 2:09. Igor Milosevic 1,381 views. 2:09. Simple Forex Trading Strategy ... In this video, Philip discusses how a MAM Account works and how you can apply for one with BlackBull Markets. Please like the video and comment if you en...

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