Declaration of the PAMM account michael280101:388356

Trading Strategy

Hello dear investors. Let me tell you a little about my self and a strategy that I use for trading. My name is Michael, I am an entrepreneur and a FOREX trader. Since 2012 I've been involved in trading activity. During these years FX market gave me an opportunity to go all the way from a beginner to a professional. Using my experience and knowledge, I have developed my own system and tested it in real market situations. My strategy is based on the fundamental principles of trading and because of this, I believe it can endure the test of time. I trade manually, intraday with strict loss control. Profit is always twice as large as a potential loss. I DO NOT USE averaging, martingale and any other risky technics. My trading system is not a grail, it includes losses as well. I trade with a risk management of 4%-5.5% per trade. Because of this, if I'm not right several times in a row a drawdown might be up to 20% or even more. But ultimately, due to the mathematical advantage, this PAMM account will end up with a positive balance. My advice is always to wait for the drawdown and only invest in that moment. Though, if you want to invest on the profit peak, stay put and endure a potential period of drawdown. Thank you for your attention. I wish happiness to all of you and a good profit.

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