I have some personal questions to mister FX Viper because I think he's horribly wasting his potential by creating a closed PAMM account service, which is obviously not profitable enough for any real investors to care about, considering the simple math of 2.5% credit card transfer fee to the requested broker>3.5$ to 5$ fee on each trade with a scalping strategy which may result in extra 1% over month>-30% from all investors profits>-2.5% for withdrawing funds. All those fees combined result in a maximum of 10-15% annual income, which obviously can't even outperform a simple bank deposit in some countries... Just compare it to buying something simple like a biotech ETF which can provide you with 90-100% annual return and you'll see the difference...
Now, not only investors are prevented from profiting on your skills, you also gain much less yourself by creating a closed site with private investment strategy when you could've gained approximately 500$ for EACH of your trades if you provided your signals for free on any big signal-providing website, which greatly outperforms your 30% monthly income by subtracting your 30% fee from your subscribers profits, which is also amplified by fact that some months may end up having 0 or less profit and then the fact that your scalping strategy produces lots of trades each year, leaving a private PAMM service greatly behind in the dust... Why not simply advertise yourself more and move onto some signal-providing site, hm?
Well, lets consider I'm wrong and it would be much less that 500$ per trade with 1 mil. subscribers (in case people whom i talked to lied or were misinformed themselves) but it still doesn't change the fact that getting 15% yearly income is highly unattractive to your investors all over the world, considering that stock markets may earn them much bigger profit. So, if you still want to keep your PAMM service for some reason your best bet would be moving to a much higher-risk broker with higher margins than just x3. Why won't you use x500 with your brilliant scalping tactic of 95% successful trades? Another good selling point could be you focusing on creating a specific shorting strategy for when the dollar finally collapses, considering that scalping can't really profit greatly from this event... So, my second question is, why not use higher risk brokers with leverage x500 and not use some of your time to invent a good shorting tactic to abuse the incoming dollar collapse in the near future?
If you've combined all those 3 ideas at once I think you could've easily outperformed even best biotech ETF's and mutual funds, but what I see now is you wasting your potential and preventing your loyal investors from obtaining a much greater income like that...
Now, not only investors are prevented from profiting on your skills, you also gain much less yourself by creating a closed site with private investment strategy when you could've gained approximately 500$ for EACH of your trades if you provided your signals for free on any big signal-providing website, which greatly outperforms your 30% monthly income by subtracting your 30% fee from your subscribers profits, which is also amplified by fact that some months may end up having 0 or less profit and then the fact that your scalping strategy produces lots of trades each year, leaving a private PAMM service greatly behind in the dust... Why not simply advertise yourself more and move onto some signal-providing site, hm?
Well, lets consider I'm wrong and it would be much less that 500$ per trade with 1 mil. subscribers (in case people whom i talked to lied or were misinformed themselves) but it still doesn't change the fact that getting 15% yearly income is highly unattractive to your investors all over the world, considering that stock markets may earn them much bigger profit. So, if you still want to keep your PAMM service for some reason your best bet would be moving to a much higher-risk broker with higher margins than just x3. Why won't you use x500 with your brilliant scalping tactic of 95% successful trades? Another good selling point could be you focusing on creating a specific shorting strategy for when the dollar finally collapses, considering that scalping can't really profit greatly from this event... So, my second question is, why not use higher risk brokers with leverage x500 and not use some of your time to invent a good shorting tactic to abuse the incoming dollar collapse in the near future?
If you've combined all those 3 ideas at once I think you could've easily outperformed even best biotech ETF's and mutual funds, but what I see now is you wasting your potential and preventing your loyal investors from obtaining a much greater income like that...
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