 Did You Broker Provide Transparant Real Pamm Account |
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Replies(1 - 9)
| tenkofx |
 Sep 10 2014, 03:45 PM
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Active Money Maker
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Posts: 424
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Experience Points: 475
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| tenkofx |
Sep 17 2014, 02:51 PM
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Active Money Maker
Group: Validating
Posts: 424
Dream Points: 1,872
Experience Points: 475
Joined: 5-December 13
Member No.: 455,943
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BEGINNING OF THE SECOND TRADING PERIOD
At the start of the second trading period, the balance of the PAMM account is USD 2,000, each having USD 1,000.
RESULTS OF THE SECOND TRADING PERIOD
Unsuccessful trading during the second trading period results in a 20% loss, which decreases the balance of the account by USD 400. The balance of the account is now USD 1,600, with the USD 400 loss distributed among the participants in proportion to their share in the PAMM account, i.e. USD 200 of loss to each:
No performance fee is payable to the manager in the event of an unsuccessful trading period.
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| tenkofx |
Sep 24 2014, 03:25 PM
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Active Money Maker
Group: Validating
Posts: 424
Dream Points: 1,872
Experience Points: 475
Joined: 5-December 13
Member No.: 455,943
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BEGINNING OF THE THIRD TRADING PERIOD
In the third trading period, one more investor joins the PAMM account and invests USD 2,400, which increases the total balance of the PAMM account to USD 4,000. This alters the shares of the participants. The manager and the first investor will still have equal shares, i.e. 20% each, while the new third participant, who has invested USD 2,400, will have 60%:
RESULTS OF THE THIRD TRADING PERIOD
Successful trading increases the balance of the PAMM account by 50%. The profits earned are USD 2,000. This amount is distributed among the participants in proportion to their share in the PAMM account:
The investors will each pay the manager 20% in performance fee. However, investor 1 suffered losses in the previous trading period, so the performance fee payable by investor 1 from his profit in the third trading period will be only USD 40, which is 20% of his net profit in the two trading periods (USD 200).
As a result, the manager receives USD 680, investor 1 receives USD 360 and investor 2 receives USD 960.
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| tenkofx |
Oct 1 2014, 03:16 PM
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Active Money Maker
Group: Validating
Posts: 424
Dream Points: 1,872
Experience Points: 475
Joined: 5-December 13
Member No.: 455,943
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OVERALL RESULT OF THE THREE TRADING PERIODS
After the three trading periods and payment of the manager�s performance fee, the investors each receive a net profit. The manager earns profits due to his initial investment and the performance fees payable out of the profits earned by his investors.
Investor 1: initial investment $1,000, profits earned $700, less manager performance fee $140, total net profits earned $560.
Investor 2: initial investment $2,400, profits earned $1,200, less manager performance fee $240, total net profits earned $960.
Manager : initial investment $1,000, profits earned $700, plus manager performance fees received $380, total net profits earned $1,080.
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