It is very difficult for a person who is not engaged in it to make a high profit on it.
After a long period of unremitting learning and a variety of real offer operations, each trading master to explore the market rules, the formation of their own independent trading methods, so as to obtain stable profits.
For those who first dabbled in the forex market, the process was lengthy, with some doing it for years and losing money all the time.
The main reason for the popularity of foreign exchange documentary trading is the development of a technology – foreign exchange multi-account management system.
At present, MAM/PAMM model of multi-account management is very mature in the European and American fields.
Its biggest advantage is that experienced or traders conduct trading operations on behalf of clients, without requiring clients to learn foreign exchange trading techniques or trade independently to avoid trading risks.
In terms of monthly or annual returns, yields are relatively stable.
Now many brokers are launched globally accounts hosted mode, their professional traders from all over the world, according to traders, rate of return period of time in the platform, income stability factor to carry on the dynamic ranking, the traders to traders to choose their own like traders, or the company’s expert team of client funds can be calculated according to some documentary combination.
This foreign exchange custody tracking trading mode is very convenient for the vast number of foreign exchange investors.
After the customer deposits the money, the customer does not need to conduct the transaction himself.
After the trader opens the order, the customer can view the income and the transaction record in the background.
PAMM Account: Also known as percentage allocation management mode.
(PAMM) managed account in which investors invest their money and authorize a designated experienced account manager to operate.
Both parties agree on the specific proportion, and the account manager may extract remuneration from the profits in accordance with the agreed proportion.
Account managers can manage a large number of accounts through the trading platform and earn profits based on the specific amounts in the accounts and the specific trading results (trading and profit and loss). Since investors do not have the time to manage their investments or do not know the specific investment operations, they choose to open PAMM accounts and let professional traders take care of them.
PAMM Management account is a mature financial account for clients.
Investors and account managers divide the profits in an agreed proportion.
People who do not know how to trade can deposit money into PAMM accounts using the wisdom and extensive trading experience of PAMM account managers, who can trade on their behalf through a centralized management interface.
Account managers take part of the trading proceeds as management compensation.
But there is no such thing as a break-even business, and what if it doesn’t?
To protect investors’ capital and to enable PAMM account managers to be trusted by traders, account managers must first place bets on PAMM accounts.
In short, if the account suffers, the account manager suffers, and everyone is in the same boat.
In addition, some forex brokers and investors agree to share pro rata, with losses and profits proportionally.
In addition, brokers have established a risk reserve system to bear certain risks for their clients.
Set aside a portion of each profit as a risk reserve.
If you lose, it’s drawn out of the reserves, and the customer doesn’t lose their principal.
