Being investors, it’s surely true that we want highest profit while paying the smallest risk. The question will be : is that possible to gain? Of course, it is quite difficult to imagine but we can make an approachment in the way we think by comparing one trader to another. Who will relatively be the best in making profit and also having small risk. The easiest way to select the best trader is by choosing traders who are listed in the PAMM account rating. This will not confusing us about the criterias requested from a trader. The higher his rating, the better his performance will be. We can choose traders who are in the top 10 or 20 rank in the PAMM account rating. Indeed, we have to choose more than one trader, since diversity is the formula that has been usually used in any investment.
Now, let’s talk about the mechanism. How could certain trader get into the PAMM account rating? This will convince you that your investment will succeed. PAMM accounts are devided into two different accounts. They are PAMM account rating and PAMM account non rating. So, the early selection begins in here. A PAMM account rating has proven that traders who are listed within it are better than traders who are listed in PAMM account non rating.
How could a PAMM account rating be better than a PAMM account non rating? There are some criterias requested from a trader to be listed in the PAMM account rating. Those criterias are listed below:
- A PAMM trader must have a positif result
For sure, there would not be investors who want to invest their money and loose it. Though it seems like a simple thing, but in reality it is really hard to make a consistant profit. Forex market is a very unpredictable, no matter how great our analytical method is, either fundamental or tehnical mehod. When certain trader is able to make a consistant profit, we can be sure that he is an expert trader.
- A PAMM trader must has been doing his tradings for at least 3 months.
Time is a very important tools to proof how expert a trader in making a consistant profit. The longer he has been doing his tradings, the better experinces he has made.
- A PAMM trader must have $3.000 as his own capital.
Since the capital amount is quiet big, this will ensure that he must have a carefulness while doing his trading. Indeed, he is also expected to manage your investment with prudence.
All the selection process conducted within the PAMM rating seems to be the smart way to select trader, especially if you are investing money within the PAMM system.