Our FX Alpha Fund PAMM account has a $1,000 minimum and a profit target of 4% - 5%+ per month.
We're shooting for consistent long-term growth here, not unsustainable, flash-in-the-pan results.
Many of the world's most successful PAMM accounts take a 40% to 50% performance fee. However, we think you as a client should receive the bulk of the profits.
So we decided to go with a 70/30 split for the FX Alpha Fund.
In other words, you get to keep the lion's share of the profits, which are calculated by the high water mark.
What that means is, let's say you earn $1,000 for this month and $300 is taken out at the end of the month.
You're technically up $700 net for the month.
When we go into the next month, there's no fee taken out on the first $700 you made.
So we have to hit the high water mark, or the highest your account has been at that point in order for it to start calculating your profits for the following month.
It's the same thing as not being double taxed, so you don't have to worry about paying the performance fee twice.
How about if you take a withdrawal early, like during the second week?
What the system will do is it will calculate your profits up to that point and you'll see the fees for that period withdrawn from your account.
Then whatever's owed at the end of the month that's above and beyond the fee you already paid will just be withdrawn as usual.
So again, you're not paying twice.
The system is just getting you up to date because you took an early withdrawal.
Your funds are liquid. Just keep in mind that if we're in a situation where we're in higher than normal drawdown, meaning let's say you look at your balance and it's $2000, but your equity, which is your net is $1500, that's a $500 drawdown which would be 25% of your account.
To ensure the safety and longevity of this passive investment income opportunity, withdrawals are not allowed while open trades are in play.
Our goal is to be completely out of the market with all trades closed by the end of every Friday, but there may be certain situations that require the bots to stay in trades for longer periods of time before they're closed out in profit. So just be aware of this.
To forex newbies and the uninitiated, this this might sound a bit counter intuitive, but our #1 priority is NOT to generate profits... it's to manage risk as best we can.
Preservation of capital should always be the main focus if you want to play the long game. Otherwise we might as well go to Vegas and gamble or play the lottery, right?!
We only focus on the things we can control and we do our best to eliminate the things we cannot.
During these uncertain times where the world seems to be getting crazier and crazier by the day, we feel the need to add an extra layer of caution to how the bots are managing trades.
Even though our bots are designed to run on complete autopilot, nothing compares to hands-on, human intervention. Period.
It's no different than a self-driving Tesla.
Because at the end of the day, someone still needs to be in the driver's seat to ensure we reach our destination without blowing a tire and going off into a ditch on the side of the road.
So the bots are doing most of the actual trading and handling the overall trade management side of things, but we're still very much in the driver's seat to manually intervene and assist whenever necessary in order to keep us going in the right direction.
While we're on the topic of managing risk, we had my developer code in a number of settings and filters into my bots' algorithm to manage risk really well on its own.
After 16 years of in-the-trenches experience in the forex space, we know there will be times when volatility really kicks in and we need to watch the master account like a hawk.
Experience has taught us when it comes to risk, we have to look at things from a worst case scenario perspective.
Just know that we're doing everything we can behind the scenes to safely grow and protect your account.
Ok, now that we've got all the housekeeping business out of the way, please follow the instructions below carefully to get up and running as soon as possible...
