SO I decided to open a PAMM account to put it to the test over a 3 month period. This is aimed putting the system to the test and following up with updates to let you know how its progressing. To find out more about how PAMM works click on either of the links below and read before getting started:
Starting off with a small investment so as to limit loss I invested with an account manager that has a 5% success fee, 30 days investment time period and 5%penalty for early withdrawal. The aim is to test the system fully and also become a PAMM account manager eventually.
At the end of January the account had depreciated but not very badly. It went down about 6%. This should be expected as it is Forex and you can actually lose some or all of your funds. On the other hand worry wasn't in the equation as the consequences and risk were considered and research conducted on the fund manager to be invested in. The fund manager profile shown a lot potential and the P/L numbers were good. Draw down was not bad either and overall winners versus losers were excellent with winners seeing a huge portion of the stats.
Its now the nearing the end of February and the account balance has now gone back up above what was deposited and seems to be climbing more and more. Currently seeing a 4.48% growth on the initial capital. There will be more updates in another month so remember to check back then to see how everything is going. If you're willing to take this journey also you can do so by clicking the link below or the image above to create and account and get started.
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