This post is more likely to be interesting for beginners, who are only groping their way in the world of investments and are only thinking of taking their first steps in this direction. Here I plan to talk about my vision of this topic and try to encourage the further study of investment options in more detail.
Copy trading is one of the ways of investing that implies copying on your account the trades of experienced traders. The mechanism is quite simple and easy to master.
Investments on Forex feature equally high risks and profits. That is why one should only trust their assets to experienced Forex players – traders demonstrating stable and high results. It used to be quite complicated: one had to find a successful trader, check their trading statistics, sign a personal management agreement and hope that the trader will go by its letter.
The system of PAMM (Percent Allocation Management Module) accounts emerged out of the necessity to unite the experience of successful traders with the funds of the investors, eager to use their money efficiently.