Everybody needs money, that’s true!) If you want to make money but you don’t know what to do, maybe you should think about investing into PAMM?
Best way to earn money on a regular basis is quite simple.
Get a JOB
This business is never consistent and it’s a long term game of development and learning to adapt. From what I’ve seen most well grounded individuals don’t start with FX speculation, but they diversify into it with an agreed proportion of there wealth. It’s exceptionally rare you’ll see here as the foundation for wealth…this is a casino for the rich, not those with less than $100k to trade with!
REALITY CHECK
1 Like
So many brokers offer PAAM services for their clients. Actually in my trading career I don’t feel secure and comfort at any PAAM services, because it totally depends on broker. And the reviews about PAAM investment are not good at all.
If you want to be a Forex trader should away from PAAM services, its more appropriate for the investor. Generally PAAM accounts leaded by the brokers , so there is a lot of risk because lots of brokers are available in this retail market and most of them are found to be scams.
Thanks for your advice @Edmund85. I will consider to invest into PAMM account. But, I will take more time to know the market. Then I will decide which way I can comfortable with. Also, I need to figure out how much I can pressurize myself to cross my limit of patience. Not yet I am giving up on me. Now, I am consider this as my part time job like. Because I need money also, I am doing some sort of online job.
Really appreciate your quite and simple way @RISKonFX. I now know that Forex business is never ever consistent. Anything could happen here. I am doing another job with this. I really not want to leave Forex trading right now. I am spending the time to gain proper knowledge and I will consider investing $100k If I have that much.
I have no experience with PAAM account and its return. Its profitable than manual trading? Can anyone elaborate?
You can make profit from here with consistency if you have a powerful trading strategy with most accurate money management. that’s all.
Peter, which is more profitable between two it depends on situation. Manual trading is the best option than any others and a part of professionalism but PAAMS is not. If you have long term experience in Forex trading of course manual trading is the best option for you, on the other hand if you did loss again and again cannot come out from losses then you can move on PAAM to see its performance. From two I vote for manual trading.
Trading in manually as a part timer and on the other invest in PAAMs at the same time is not a good decision. It can make you confuse deeply.
So… Just starting and trying to get a profit already?
Sorry to say this, but that doesn’t seem really likely
The general advice is to gather as much experience as posible before even dreaming about having a consistant profit (Although, at this point basically everyone has said this, I don’t know why i’m even replying)
I found Forex Hacked old model free for download from ForexWinners.net.
http://forexwinners.net/forex/forex-hacked-pro-scalping-ea/
Direkt link to the file:
http://forexwinners.biz/data/fl0a9aljrn0n/Forex_Hacked_Pro.rar.html
Forexfbi.com shows the nice comparison of the robots for over 1k days and enough curves around. Forex Hacked is still one of the top 5 rated robots there.
http://forexfbi.com/category/forex-robots/
Perhaps, wrong choices for the PAMM would be worse than just simply trying the old model robot softwares around.
Manual trading needs a lot of time to become successful , for that time we are waiting we can join PAAM accounts. Here one can get some profit ration regularly. These are good for non experienced traders. However skilled traders can make a lot of money with their regular trading done by themselves.
If you want to get more result by PAAM investment first of all you have to ensure a most credible broker , otherwise you could fall a great trouble , right now most of the brokers are providing paam services but honestly speaking almost all of them are found to be scams.
Skill trader can do , yes of course . but to be a skilled trader lots of time have to pass in here . that’s why we lost interest to keep patience and move on PAAM or other sources to invest. But ultimately we come back again in manual trading , because this kind of trading services cannot bring profit for all times , it bring some money for sometimes. So, we have to depend on manual trading by practice and hardworking.
PAAMs services generally for investors but traders looking for sometimes this services because of earning money without trading . actually the traders who are not successful in trading especially they depend on this ability. I am not dead against about this. Yes its good but need a credible trading platform .
Yes PAAM accounts will give you regular profit . it can be less or more but a ratio will be given to you . It is much better than doing your own trading that will make more losses. I am doing manual trading too for my personal experience , it is not bad choice , for regular earning from forex I am also a part of PAAM accounts.
How much you can earn by PAAM account and manual trading? Can you please elaborate?
You have to develop a strategy with which you could make money and understand how you did it. Then you can do it in the longrun.
Developing strategy is a long term process , generally we think if we practice our strategy in demo it could be positive in live , but sometimes I feel it just losing time and energy , nothing without it. We have to practice in real account even though it causes a great risk. If we lose by our mistake then we learn more. Reality there is. No losses no experience about strategies.