Declaration of the PAMM account TantraAdvisors:328194

Investment declaration describes Manager's promise to investors. The Declaration has no legal force, but it clearly affects the reputation of the manager.

PAMM account info
Manager TantraAdvisors
Acc. type ECN
Manager's capital $300
Min. deposit disallowed
Opening date Nov 30, 2014
Publication date Nov 30, 2014
Max. leverage 1:500

Trading Strategy

Tantra Advisors track and trade major currencies and commodities. In currencies we trade only major currencies like Euro, Pound, Yen, Frank, Aussie and Canadian Dollar and in commodities we trade spot Gold and Silver. Most of the trades are against dollar pairs but at times crosses, particularly yen crosses may also be traded. System is discretionary and manual. Positions may be liquidated intraday or may be carried overnight.

At any point of time not more than five positions may be open, each with 1:3-1:4 leverage (max exposure upto 1:30), however for overnight carry, only three positions at max (total 1:15 exposure) can be present.

Each trade is issued with a stop ranging from 100-200 pips, depending upon the trade setup. Stops may be moved only towards the entry and never extended away from it.

Link to this declaration

Money Management
Max. leverage 1:40 (771)
Martingale No
Hedging No
Goals
Max. Drawdown to 30% (100%)
Declaration is Broken
Declaration date Dec 5, 2014
Declaration age 2 m.
Violation date Dec 11, 2014
Number of changes 0
Last change Dec 8, 2014
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