"The 'perfect' trading system - page 8
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Imagine yourself as an investor investing $10K in a hyped PAMM when only $4K of that is left.
Not a problem? )))
This is forex, not a godsend. No one can guarantee a profit.
Investors know exactly what they are getting into.
And those who did not bother to carefully read the relevant documents when opening an account are themselves to blame.
In addition, of those investors who have invested and already withdrawn funds, the losses are minimal - purely symbolic.
Therefore I do not care who represents what - we do not force anyone.
And perhaps we have one of the few PAMMs, where I do not "coddle" with investors - if they do not like it - let them go to hell.
Do you understand the "party politics"? :)
Is "party politics" clear? :)
What about the Consumer Protection Act? Good attitude and concern for consumers (investors)? .....))))
What about the Consumer Protection Act? Good attitude and concern for consumers (investors)? .....))))
Are you kidding me? :)
Where in this law is there any talk about investors in financial markets?
For "overprotecting" investors, on the contrary, they go to jail and for a long time:
http://top.rbc.ru/incidents/17/10/2009/337917.shtml
"Galleon hedge fund founder American billionaire Raj Rajaratnam and five other financiers have been accused by US police of orchestrating the biggest securities trading fraud scheme in hedge fund history.
The defendants made around $20m in illegal profits over several years from insider information relating to global business giants such as Google, AMD and Hilton Hotels.
According to investigators, the insider trading scheme also operated at hedge fund New Castle and Intel Corporation's investment arm, Intel Capital. Among those detained was Robert Moffat, a senior vice president at IBM.
"Greed is not a good thing," the BBC quoted prosecutor Preet Bharar as saying at a press conference. - This case should be a wake-up call for Wall Street."
"
An investor must make their own decisions:
1. where to invest
2. how much to invest.
Everyone is responsible for their own money.
In terms of compliance with the law "on consumer protection", so far we have the only PAMM, which provides such extensive information for investors:
PAMM - 100% transparency of all our actions in managing investor funds.
At least, I have not met another one which publishes so much information about the trading methods used.
Adaptive Expert Advisor is available in source code at all - ask any of the managers for the code of used Expert Advisors or TS algorithms :)
Good attitude and concern for consumers (investors)? .....))))
As for simply "treating investors well", it only hurts them.
In the field of high-risk investments, only the naked, hard truth is useful:
1. no guarantees of profit
2. timely information about what is happening
Further, the investor must think - his money is his problem.
Our concern is to ensure that the system as a whole works reliably.
In terms of compliance with the "consumer protection" law, we are the only PAMM so far that provides such extensive information to investors:
PAMM is 100% transparent about all our actions in managing investor funds.
At least, I have not met another one which publishes so much information about the trading methods used.
Adaptive Expert Advisor is generally available in source code - ask any of the managers for the code of used Expert Advisors or TS algorithms :)
Victor, if this is your sincere opinion about the quality of your PAMM, you are truly an unicum. For the first time I meet a manager who rejects the main criterion of management quality - profitability - as unimportant, and considers the so-called stability (loss) to be more important.
If I wanted, I could fill you up with a lot of systems that behave as "stable" as yours. All the features and benefits you mentioned would also be there - the source code, information on trading methods, and exceptional drain stability. The only thing that wouldn't be there would be profits. And for everything else it would have been a first class PAMM.
And now - the main question: how your system is better than my equally first-class ones?
And no need to refer to the "naked, hard truth" - that there are no guarantees of profit and that investors are 100% responsible for what they put their money into. This is already well known to everyone. But this is bad PR. Investors, on the contrary, want to have at least some positive guarantees.
And it is great how it turned out: the topicstarter's thread has degenerated into its opposite.
Well, it's so nice how it turned out: the topic of the topic has become its opposite.
)))!!! Even I, when I was clamouring (page 1) that nothing good would come of the idea, could not imagine such a confirmation of my prophecies.
Amazing.
Maybe that is how Victor understood the use of the epithet "perfect"? Then, yes - he's spot on!)))
No, laughing like that is really bad for your health.
Victor, if this is your sincere opinion about the quality of your PAMM, then you are a prodigy. This is the first time I meet a manager who rejects the most important criterion of management quality - profitability - as unimportant, and considers the so-called stability (of the losses) as the most important characteristic.
If I wanted, I could fill you up with a lot of systems that behave as "stable" as yours. All the features and benefits you mentioned would also be there - the source code, information on trading methods, and exceptional drain stability. The only thing that wouldn't be there would be profits. And for everything else it would have been a first class PAMM.
And now - the main question: how your system is better than mine?
And no need to refer to the "naked, hard truth" - they say there is no guarantee of profit, and investors are 100% responsible for what they invest their money in. This is well known to all. But this is bad PR. Investors, on the contrary, want to have at least some positive guarantees.
But it is cool how it has turned out: the topic of the topic has become the opposite.
Our system is better than mine because it is reliable. And there is a chance of making a profit in the end.
"I want to have guarantees" - this is a very interesting question :)
How will you guarantee?
Let's just take the statistics:
PAMM accounts: 837
Found: 26 (criterion: there are offers, exist > 6 months, the yield > 0)
Total, 3% of PAMM accounts, with positive returns.
Will you guarantee that these 26 accounts will remain in profit after 6 months?
How will you back up your guarantees, with what assets?
Just please give a precise and concrete answer.
... And there's a chance of making a profit in the end.
>> Bummer!
>> Bummer!
If the word 'chance' seems irrelevant to you here, you must be guaranteeing a profit? :)
... You must be guaranteeing a profit? :)
I don't sell anything, I don't advertise, I have no PAMMs,
I don't have anything to guarantee, and I don't need to. I have what I have.
I'm not even trying to convince anyone of the profitability of my trade.
>> And my results are very far from ideal. (((