The best percent allocation management module accounts
Despite the annual proliferating releases of services in the financial markets, PAMM accounts are likely to remain one of the most understandable and popular tools for retail investment.
One of the pioneers to launch PAMM system was InstaForex, 10 years ago enabling one traders to invest in other traders' deals, thereby significantly increasing total volume of transactions and average profits of its clients.
The PAMM system accumulates a certain pool of traders (PAMM traders) with certain experience, developed trading skills and, most importantly, good profits. Another group of PAMM system participants are PAMM investors who invest their money in PAMM traders, receiving part of the profit proportional to their investments.
Apart from tangible financial benefit from successful traders, it is good and wise to glean their knowledge and approach to use it as basis for developing your own trading strategy.
Success scores success
However, a key ingredient to making an investment decision is the efficiency of PAMM traders, in particular, their profits. Success in PAMM investing can only be achieved with PAMM traders who receive stable profit now, received it even before registering in the PAMM system, and will receive it when you invest in them.
Let's see how much successful PAMM traders from the top list of InstaForex PAMM monitoring may get.
Forex as well as PAMM newbies surely believe that excelled PAMM traders receive at least a hundred thousand dollars a month. The fact is that PAMM traders managing investments are not just seasoned traders who achieved success themselves and now are ready to share it with others leaving their trading strategy unchanged.
Not at all. A PAMM trader, an effective manager, is firstly an entrepreneur working with larger volumes than before who trades with borrowed funds, which is why he or she has to become much more prudent and conservative. But this is not the reason for concern, as cautious approach will more probably result in income rather than losses.
So, how much do they manage to earn? Can they make money for you?
You will hardly find any statistics on private traders who do not attract investments in open sources. One can only guess about their results. However, you can find information about the best PAMM traders and assess their income.
The results of such calculations are certainly approximate as it is very difficult to calculate the precise profits of a PAMM trader. When calculating, it is necessary to consider not only the management fee but also trader's own funds and sum up the funds on all the trader's accounts if there are more than one.
At that, earning might be even bigger since we did not take into account the possible remuneration for trade turnover as well as existence of large investors beyond the PAMM platforms.
The calculation formula is simple and, in fact, everyone can repeat it. For example, you should take the total profits received for a certain period, a year for example, and, based on the amount of investments, you can assess the management fee. The manager's funds if their volume is big compared to investors' funds are calculated separately.
On average, traders from the leading monitoring group receive from 50 to 150 thousand dollars a year. In the case of absolute leaders of the rating, earnings may reach from 12 to 25 thousand dollars a month.
Now it is up to you to decide whether to entrust such traders your funds or not ... whether they will be able to earn you a couple of thousand dollars more for you or not.
A few more observations
And here are some more conclusions and observations regarding the income of successful traders. First, the extremely positive signal is that there is a large share of the reinvestment by traders of the most part of profits back into their account. It demonstrates their self-confidence.
Second, it is rather interesting to examine investors' deposit and withdrawal charts. As a rule, the top lines are occupied by the accounts withdrawals from which exceed investments. It indicates the feasibility of investing in PAMM accounts. It is simply important to diversify your portfolio of investments and not invest in adventurous projects sticking to the old saying "better safe than sorry."
Third, with a proper and weighted approach to trading on your PAMM account, it is quite possible to receive a very decent reward. It is unlikely that it is you who will be able to abandon extra sources of income in the near future. Nevertheless, it is quite possible to get quite a solid increase to your regular income.
Best in October-November
Since it is possible to invest in several PAMM traders at once, and even in dozens of traders, or even change them, the choice of the fund manager is extremely important. We will not be cunning and say frankly that a key indicator in choosing a PAMM trader is its profitability over recent periods. Let's see who of the InstaForex PAMM traders managed to show the best profit for the last month.
The top position is held by pehtashev PAMM account with + 30,100% profit over the last month. This account was opened 7 years ago and the total profitability for the entire account history is + 29,350%. The numbers are more than impressive but the trade volume on this account could have been higher.
At the moment, only one investor put money in this account. Apparently, investors still do not believe in this account, but they should ... Perhaps investors are frightened by the unevenness of trading on the pehtashev account, since the PAMM trader starting from extremely cautious trading then dives into extremely aggressive one which can lead to any consequences either to impressive profit or to significant losses.
However, the overall profitability of the account suggests that the trader knows when to risk and sometimes aggressive behavior is based on vast experience.
The second place goes to the account MAMA. Monthly profit on this account was + 17,251%. This PAMM account is not as old as pehtashev and is registered in InstaForex PAMM system for a little over a year. The total profitability of the MAMA account for the entire period is + 29,405%. Currently, this account has three investors. The PAMM trader of the MAMA account is characterized by extremely high aggressiveness of trade.
Bronze goes to the Alfa-quant BTC PAMM account. At the end of the month the profitability of the account was + 6,732.76%. The total profit over the year of its existence in the system is + 8,403.28%. There are currently no investors in this account, but this is a matter of time.
The fourth place goes to BRenaissance with a monthly profit of + 2,296.69%. For less than a year in InstaForex PAMM system the profit of BRenaissance totaled + 10,115.15%. This PAMM account has quite a lot of investors (10), and this suggests that investors trust this PAMM trader.
Among the ten most profitable PAMM accounts for the last month there are:
5th place
Swing77: monthly profits (1,086.12%), total profits (+ 907.29%), investors (0)
6th place
ABCE: monthly profits (963.17%), total profits (+ 863.17%), investors (0)
7th place
Intomillion: monthly profits (486.59%), total profits (+ 504.33%), investors (1)
8th place
AVB: monthly profits (421.28%), total profits (+ 338.60%), investors (1)
9th place
PESSEK: monthly profits (403.87%), total profits (+ 395.71%), investors (0)
10th place
SALIMAN: monthly profits (334.84%), total profits (+ 248.54%), investors (5)
Time to make a decision
Investments into PAMM accounts as a way of earning offer many advantages. First, you do not need to have huge initial capital - you can even start with $10. Secondly, you can manage transactions through the investor's cabinet, using your smartphone or PC.
Thirdly, you do not need professional trading training, it is enough to know the basic market terminology, follow the updates on the website and follow our recommendations. On the whole, this system is simultaneously beneficial both for PAMM managers, helping to quickly recruit investments, and for investors, providing a convenient platform for risky deposits.
Of course there are pitfalls. After all, PAMM account traders are ordinary people who can also make mistakes. And a high yield PAMM account may become unprofitable after a while. Also, some of the managers are actively trading, others, on the contrary, rarely open deals, choosing a moment. There are aggressive accounts with high returns and high risks, and there are conservative traders.
In any case, unless you try it you will not know, and you can try, as mentioned above, without loss for your pocket. Instead, potential profit without too much hassle can become tangible.
Last tip
And the last thing ... January is probably the best time to enter the market as many managers, having fixed their profits / losses, enter the market with new ambitions, others completely re-think the strategy used earlier. While the market is stagnant - it's time to pick up projects that are promising for investments and diversify your investment portfolio.
This article was submitted by InstaForex.
