Nataly Kambur
Not so long ago, during the soviet era, graduates of universities and technical colleges did not have to bother about further employment as this was the issue the government took care of. With the arrival of market relations, however, the graduate allocation function passed into oblivion. Today, the fresh specialist has to look for their place under the sun independently.
Graduates of the have not faced this employment problem so far. What does a newly trained trader have to do? Of course, trade. The question of Where? is not relevant at all. The Internet is still here, there are hosts of dealers and brokers. You only need money. This is the problem people face most often. If you enter the trading profession seriously and for a long time, you usually lack your own money for a decent account that could generate profits to make you a good living. One needs to raise other people's money.
This is where Forex Trend comes handy. It is trader/investor cooperation systems such as PAMM and PAMM 2.0 created by it that help the trader trade invested funds.
Currently, over one hundred traders use the PAMM system to manage invested capital totaling over 50 million dollars. However, Forex Trend does not rest on its laurels (because stagnation of a business means death) and continues increasing its staff of professional traders.
Seeking skillful managers, the company contacted the with an offer to hold joint competitions to select traders that meet investors' requirements. Quite a few successful and recognized traders graduated from the Academy in due course. This is why this offer is not accidental.
Soon, the 3rd Academic Contest will start. It will be the second time Forex Trend is involved as a broker. Based on the contest outcomes, the company is prepared to make interesting offers to most successful participants. It must be noted that a PAMM manager should understand first of all that their primary task is other than rapidly to increase the account balance. Their strategy and trading system are much more important as a means to reduce risks with clear and weighted market entries as well as money management and psychological stress resistance.
This is why the contest will last for three months so that prospective investors could use this lengthy term to check the viability of the trader's trading strategy, ethics and willpower.
What the winners get is stated in the contest's rules. Prizes are more than decent and adequate from the viewpoint that one should not share fish — you'd better give a good fishing tackle for independent use. That’s right. But... as Forex Trend assured us, the company will present an updated investor offer to its customers during the contest results stage.
What is it about? In two words, there will be improvements based on the PAMM 2.0 module that involves the manager responsibility level (simply put, the system prevents losses from depleting the account below a threshold set by the investor).
Now everyone used to work in the classical Asset Management framework will be able to trade without risks of the investor's failure to deliver on their obligations to the trader. Given the fact that all participants can directly communicate with investors on the company's forum during the contest, show their professionalism in the assessment of the market situation, one can suggest that even if you do not win the contest you will get an opportunity to reveal yourself as an experienced trader within the new service.
Let's not anticipate events but one this is sure. The joint effort of the Academy and Forex Trend can implement the trader employment program.
Graduate employment is another step forward on the path of strengthening cooperation between the and Forex Trend. On the one hand, it solves the issue of job creation in the socialist way. On the other, jobs are offered to the most successful — like in market relations.
Nataly Kambur
