PAMM investments in November: -24% and +30%
Good afternoon, dear readers.
It's been quite a long period since our last investment in PAMM accounts TenkoFX. During this time, of course, there were significant changes in our portfolio, as we monitored the situation and changed trustees based on the level of losses. Some PAMMs were simply closed, in others there were severe failures, for which we paid with funds...
What a minus!
The latter may include the work of PAMM HermesRUBThe most serious drawdown at the beginning of the fall. Now he has won it back and even added to the profits, but from our deposit he had almost 30% with the potential for further decline, which was subsequently confirmed by the graph and a huge figure of the maximum drawdown, which stopped below 110%! This is not an investment, but a roulette - not suitable for us.
PAMM: second run
Our next move was to invest the money that became available. Let me remind you that we had 100$ and 3,300 rubles left over from HermesRUB. Those 200$ that are under the management of trader Dr.Evil, we left. We can't say it's the perfect trader, his profit is minimal - 6% for the whole period or 4,57$ - but for lack of better options for deposit, we work with him for now.
So, the remaining funds we allocated between PAMM account Zodiak (100$) and A.sys (48$). Both of these options were clearly very risky. The drawdown of the manager Zodiak was over 30%, and A.sys was even in deficit.
In favor of the first spoke the number of investors and the impressive own amount of investments, in favor of the second - a nice movement up in the balance (it was like a change in trading strategy). Anyway, both these investments were test investments and required supervision almost every day.
PAMM plans for December
As a result, we ended up with practically zero in a month: Zodiak lost 24$ out of 100$ trusted, A.sys earned 15$ for us. We have to withdraw the money from the first PAMM because the drawdown is very sad. Also take profit on account A.sys. And we will keep a close eye on two newcomers in the rating Aruansky и S Trader One.
The first has a proven good past trading schedule, which, alas, does not guarantee profits in the future, so you need to wait a bit. And the second one is still very young - only 28 days old, although it is going confidently, not to mention the huge number of investors.
In general, in the fall TenkoFX PAMM account rating It's become much more lively - there's a lot to choose from. So we'll visit it more often.
This is the first part of the article about investments in PAMM in November. Read the second in the near future - we will talk about the possibilities of the PAMM service of another company and our investments there.
Trader Dr. Evil shows the most stable results. And stability is a sign of skill. 6% in dollars is not so bad. The others have terrible volatility, and this is a sign of unprofessionalism - roulette.
I agree, but 6% is not even inflation... In the bank on deposit is more stable.
Where there is no stability, it is better not to try anything, otherwise this roulette can lead to large losses.
PAMM is not a bank, there is no stability in principle. The current profit is not a guarantee of tomorrow's income.
That is, roulette - which also does not speak for PAMM. Who needs fluctuations like Hermes, for example?
And yet I am becoming more and more convinced that investing in PAMM accounts is an unstable income. Of course, if you monitor, you can choose the right account, but this requires good knowledge. There is no point in investing just by chance.
The best was the managing trader Dr.Evil, he trades quietly and always earns.
I can't find the sequel... So how did your 500$ portfolio end