Guys, this is my pamm trading account. I started this since March of 2017. Any comments or constructive ideas for me to take trading to the next level?

http://www.myfxbook.com/members/melvinlimmy

Some might say the drawdown is crazy. With close to 100% drawdown.
My position description will give a better understanding of the positions taken.

Positions Description: The target is to achieve 1% daily. The goal is to preserve capital & risk returns.
• 1st & 2nd week of the month – maximum risk per trade will be 3%. End of 2nd week – account should have a gain of 10% (if 1% is achieved daily)
• 3rd week - risk per trade will be increased to 6% or more. If on the 3rd week the trades loses 6%, the entire account for the month will still have a gain of 4%.

The amount to risk per trade will keep increasing to gain more profits until the end of the months comes.

This whole process will restart when a new month starts

I welcome all constructive comments for my improvements.

First of all, I need to clarify that you will not going to see any bullshit promises and any 0% risk investment strategy here.

What I gonna share are all truly genuine story of me and some of my experience.
If you've came across any project or investment that is 0% risk or 100% safe ,  I would say good luck to your money.

I trade FOREX for 5 years, now I am a full time FOREX trader who rely FOREX to feed my family. 
There are ups and downs, but don't give up. I've gone through both, I know the feeling.
I have lost almost RM200k in a single night back to 2014 November GBPUSD crisis, it almost killed me.
But don't give up keep learning and I cant event believe myself full time trading Forex to feed my family.

My strategy is using artificial intelligent, in FOREX the call it " Expert Advisory".  Undeniable, I lost most of my trades are due to
my own emotion,temper and patience. Everyone has skill, but just lack of emotional control.
But EA, the robot will not have this risk, the just do according what you told him to do.

Don't get me wrong here, I am not telling you that EA 100% make profit for you, there are no such thing !
I am just try to tell you, if possible, stop manual trading unless you have a very beautiful record, otherwise ,trust me stop it.
EA able to minimize your risk, you still exposed to risk but is manageable risk.

I use this EA on my own account, 100k USD Real Account. From this point, I want to make sure you understand that I am not giving you empty promises or trash talking all the way.
This account fed my family, if I can make it, I believe you can too.
See you at the other side.

Share your experience here too
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have been doing some research lately on where to open a PAMM account... ended up opened one in Hotforex... anyone knows better place?

ya, i generally agree on what you all said. just curious, is fxprimus still in cyprus ?

Pijat lambo? 😂

RM 50k. This is the lambo guy right?
Not sure if it is really effective.

Heard his fees can make you rob a bank..

Just use credit card to upload money. Other methods are troublesome.

If you want to use tt.... why not direct tt to the broker? No need skrill.

You can swipe 1k usd first... clear the debt and swipe again.

I used to do this.

Either you withdraw by cc at the atm machine... this will incur a few % of interest from the bank.

Or you use the money to pay some bills...

I prefer local depositor and TT for depo/withdrawal.

Use Debit Card

Have u tried sending thru Western Union ?
Can be done at pos Malaysia outlets. Fast and relatively much secure than TT.

Have not tried credit card. No extra charges, probably factored in exchange rate. Any deposit / withdrawal will directly linked to your banking account.

Amount withdrawal when exceeded 100-125% of the amount deposit via credit card, you can choose to TT, but TT will also have some charges from bank, I've experienced 10-20USD  per transaction regardless the withdrawal amount.

Another way is withdrawal via neteller etc, then sell off the neteller credit which will usually gets a better rate or closer to our expectation.

Happy trading =)

plus.efxnews.com

bank signal , $129/month, share 10 ppl =$12.90