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 Forex Version 19, Foreign Exchange Market Discussion

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silent_killer
post Feb 1 2017, 05:08 PM

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Guys, anybody invest in pamm?
How do you guys decide if its good or not.
lets take this acc for example;
http://www.forexfactory.com/faizakunnick#a...-explorer.78541
-low "worst trade return"
-steady gains ie +-3% for every trade not fluctuating
-anything else?
TQTQ
silent_killer
post Apr 19 2017, 06:59 PM

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Lets brace for MAYs volatility, gbp pairs gonna bounce soon.
silent_killer
post Jul 4 2017, 04:15 PM

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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.

This post has been edited by silent_killer: Jul 4 2017, 04:16 PM
silent_killer
post Jul 5 2017, 09:59 PM

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QUOTE(Okabe @ Jul 5 2017, 08:07 PM)
Nice bro, may I know which platform do you apply for fund manager?
*
https://pamm.fxprimus.com/
silent_killer
post Jul 24 2017, 01:47 PM

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Whats your score?
https://twitter.com/melvinlimmy/status/889359071874211840

Are you like most Malaysians?
silent_killer
post Aug 2 2017, 08:28 PM

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QUOTE(cybermaster98 @ Aug 2 2017, 03:03 PM)
Which is the best regulated broker for scalping? E.g lowest spreads and ease of withdrawals.
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I think usually brokers thats more credible charges higher spread, if u want scalping consider those thats offshore.
http://www.utradefx.com.sg/specifications
Their spreads is dam high, but u can be certain this broker wont run away. regulated & stable

silent_killer
post Sep 26 2017, 06:15 PM

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QUOTE(teoh1979 @ Sep 23 2017, 01:15 AM)
Yes their swap is quite high lol, but if your trade is swing type and profiting then it's not a big deal i guess.  The longest trade i ever held is about one whole week and it was a big floating loss so i have no choice but wait till the correct timing to break even and close the trade, so yeah the swap fees added another burden at that time for me to solve. 

So now i prefer to open and close the trade before swap time.. less preassure anyway.  I have seen my friend's swap free account from other broker get burnt after holding multiple gold trades for weeks  sweat.gif

And one the reason i switch to intraday trade is LMAX people told me if i want to get higher leverage, they will review my trade strategy before they approve for it and holding overnight trade is consider higher risk to them.
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if swap is the main concern then your position is considered significantly huge.

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