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I decided to start this thread to find some successful examples of investors who contributed their money in PAMM managers. Unfortunately, I have only bad experience, all my friends and I lost a lot of money investing in PAMM trading. Personally, I traded with MMCIS, Forex Trend, Mill Trade and RVD Markets. Now I have a strong feeling that a broker offering PAMM trading is a scam. Maybe I did something wrong? What's your attitude to PAMM trading?
PAMM Account is horrible, to say the least.
This might be option for many, but I am clearly not with it and I believe if we want to see our self in real zone as far trading is concern than we got to make sure we give our self power to do that and it’s possible only when we are confident and trust our own ability, but most people doubt it too much which leads them to lose, so if we are really serious about winning and becoming successful than we got to learn to do things on our own. I am just doing that from past 2-3 years and it has helped me big time been with OctaFX broker using their amazing demo contest like Southampton Supreme and others, I can participate regularly to improve myself and also have chance of winning prizes.
For traders, adding to a PAMM account has various central focuses. Immediately, they advantage from the trading inclination of productive chiefs. Additionally, they can withdraw from the PAMM at whatever point in case they are unsatisfied with how the account head is performing. Thirdly, they can separate their endeavors over different PAMMs, decreasing risk. Finally, they are in like manner protected from distortion in light of the modified stores scattering framework. In any case, I for one need to trade of my own at FXPM. They have alloted me an individual account manager. He helped me an awesome arrangement in my trading.
In my opinion
PAMM accounts are not useless if you know the history of Fund Manager and Safe levels as well if in casemarket goes against his/her strategies
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