At the times of rather tense economic situation in Russia and CIS countries more and more citizens are obliged to look for alternative ways of earning. Once popular bank deposits have become meaningless as a source of passive additional profit – 7-8% per annum does not cover inflation. Therefore, many people “go to” Forex – the world’s largest financial, owing to innovative technologies of which even beginners can get stable and high profit from every deal.
How to Make Successful Career at Forex
But, like in any sphere of people’s activity, in order to make good money at Forex, one is to have certain knowledge, which, what is more importantly, one is to know how to apply depending on market trends. In perspective a trader can even build his own career, switching from managing his own means to trade on PAMM account, which accumulate investors’ capital, in many cases, in large volumes.
In order to become a PAMM manager, you need investors’ trust. And what is most important for people, whose means you want to attract? Stability of your trade, rationality of used methods and strategies, wise system risk and money management, which together reduces investment risks and increases the percent of profitability for your investors.
Often, in order to achieve investors’ trust, a trader spends month, or even years of tense work at Forex, polishing his trading history, learning to minimize absolute and maximal drawdowns at every next deal, and increase gained profits.
But there is a much quicker way of becoming a professional PAMM manager with large capital of investors’ means. This is a unique, first in Forex industry contest of PAMM managers, organized by the world's best Forex broker of 2013 Forex Trend and world-known financial edition Forbes. Besides the fact that participants can get considerable profit in the contest itself, it also provides them with an unprecedented opportunity to make a name in the world.
The managers’ contest will be watched by investors from many regions of the planet. Investors may also sign agreements with traders, who impress them by their trade, already during the tournament. But let us see one after another.
Contest of Managers from Forex Trend and Forbes: World Invests in Best
“Having in due time implemented a fundamentally new PAMM system, our company constantly modernizes it, striving to provide mutually beneficial cooperation conditions for managers and their investors,” says the General Manager of Forex Trend Andrei Polishevichin in his interview to the “Market Leader”, “therefore, in our company, besides 100% guarantee of safeguard of assets and high security of their capitals, investors get unprecedented opportunities of insuring their investments or set loss limitations.
What is more, a unique system PAMM 2.0 assigns responsibility to managers too. But these are additional safety means, which, generally speaking, are not very necessary, for every manager of Forex Trend is motivated to effect exclusively profitable trading transactions, as considerable volume of his personal means are involved in trade.
We work only with successful Forex traders, who have vast experience of stable and profitable trade. Among them, for example, such legendary personalities, as Pavel Svantsev, Veronica Tarasova, Andrei Kolos , etc., who manage over tens of millions of investors’ means. No wonder that their trade keeps being actively invested into not only by average citizens, but also by many stars of show business, sport, famous politicians and businessmen. For example, Gosha Kutsenko, Olympic champion in boxing Vasiliy Lomachenko, etc.”
“Speaking about the choice of managers for cooperation withour company,” admits Andrei Polishevich, “we use several ways in this direction. The most effective one – the largest in CIS contest of managers ‘Million into Skillful Hands’, in which participants compete with real money means with a starting deposit from 10,000 dollars. Such sum better than any rules and conditions motivates traders to maximally reasonable work, which means rational approach to all transactions and taking only considered and founded trading decisions.”
“As a result after two held tournaments,” explains the specialist, “there has been added some qualified ‘staff’ to the team of highly proficient professional managers of Forex Trend. Today the winners of the contest, having reecived from us PAMM accounts with 500,000, 300,000, and 200,000 dollars for 1, 2 and 3 places accordingly, continue their ‘contest trend’ of successful and rather profitable trade, thus bringing their investors great regular profit.
By the way, all PAMM accounts of 1st and 2nd ‘Million into Skillful Hands’ have entered special PAMM indexes ‘Prize’ and ‘Prize 2’, which currently are one of most profitable among all indexes. More information about these index, as well as about work of managers, whose PAMM accounts form them, you can find out at Forex Trend web site.
I am certain that a new, joint with Forbes magazine contest of managers will continue best traditions of ‘Million into Skillful Hands’, but already on the world scale. From now on not only investors from CIS countries can watch the competition of best of the best managers with their own eyes, but also their colleagues from Western countries, Europe, Asia, North and South America, Africa, and Australia.
Owing to this project, readers of Forbes all over the globe will have on-line observation of the quality and effectiveness of traders’ work, with which they will be able to sign agreement on cooperation already during the contest. Whereas for managers the competition provides unprecedented opportunities to reach their potential before the entire world, and in perspective to attract large capitals of international investors into their trade.”
According to the representative of Forex Trend, 40 PAMM accounts of the company will take part in the contest. At the first stage, which lasts 4 months, 2,500 dollars will be invested in every PAMM account. The accounts, which show not less than 50% profitability, will enter the second stage (not less than 25 accounts). At the second stage, which will also last 4 months, investments will equally divided between accounts, and TOP 10 PAMM accounts with highest Sharpe ratio will go further enter; at the same time, their Kalmar ratio is supposed to be not lower than 4.
The third stage, duration of which is 2 months, will define three winners – traders, whose PAMM accounts have shown the highest absolute profitability. And at the final 4th stage the profit, gained during the previous stages of the tournament, will be equally divided between finalists. Every week an account with worst absolute result will drop out of the contest. The last manager, in other words, the winner, will be honoured with a special prize and will give interview to Forbes.
“Therefore, the new contest project for PAMM managers from Forex Trend and Forbes will stimulate the appearance at the market of new rather talented traders, to whom investors will be able to entrust their means without any worries; Just like today people trust all our managers, who regularly accumulate investors’ capitals at minimal risks.
And the profit, brought by managers of our company, are much higher not only than interests from bank deposits, but also than profitability of largest stock exchange products, including indexes Dow Jones, S&P 500, Nasdaq, Nikkei, RTS, and many others,” concluded Andrei Polishevich.
