How to attract an investor when trading Forex
You have been successfully trading on Forex for several months now and all you need to increase your profits is money, then
the only correct solution in this situation will be PAMM investing.
To do this in today's realities is quite simple; to do this, just open a special account with a PAMM broker , after which your trading statistics will be available for review.
But, what can you do to ensure that the investor chooses you among the mass of other managers in the account rating?
First of all, this is a profitable trade, but there’s nothing you can do about it: someone trades with a result of 50% per month, others manage to make no more than 5%.
In addition, there are other indicators that investors pay attention to, and most of them you can change yourself.
• Trading period - or the lifespan of your PAMM account; the longer the history, the more trustworthy the manager is.
That is, the sooner you switch from a regular account to PAMM, the better. • Manager's capital - there are statistics according to which for 1 own dollar it is usually possible to attract 9 dollars of investment.
That is, if you deposited 10,000 into your account, this will increase your chances of catching a major investor, and some of your own money can then be withdrawn. • We divide the profit - it is not necessary to immediately set a bet of 50x50; to attract investors at the initial stage, you can sacrifice 70% of the profit.
It is recommended to give another 10% to partners who will bring new investors to you.
Someone will say that the remaining 20% of profit is not enough, but otherwise you may not get anything, and you will continue to work only with your own funds.
And having gained a reputation and a better place in the ranking, you can always change the conditions. • Limit losses - by setting the minimum value for stop loss at 10%, this will show that if there is a drawdown of more than 10%, investors' funds will return to their accounts.
• Stable trading - usually investors prefer stable trading to sharp jumps in profits, so try not to chase maximum profits and avoid drawdowns.
The possibilities of PAMM accounts for attracting investments are simply limitless, there are already quite a few managers who have raised more than $100,000, this amount takes trading to a completely new level of trading.