Declaration of the PAMM account sbonch:413899

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 sergeybonch
Acc. type ECN
Manager's capital $1,700
Min. deposit disallowed
Opening date Apr 20, 2018
Publication date Apr 20, 2018
Max. leverage 1:3000

Trading Strategy

Description of the trading strategy The main trading strategy (TS) used on this PAMM, is based on the classic approach "Against the crowd." ----------------- The idea behind the TS: "The price in the foreign exchange market moves by itself against the majority of participants, while earning a minority. If it were the other way round, forex would cease to exist. " ----------------- In the TS, the data are used: book orders of the Oanda broker, the ratio of open positions according to the data of the Myfxbook site, CME data, as well as indicators of horizontal volumes. Trading on the vehicle is done manually and not in the form that is described on many Internet resources. In the TS, averaging and increasing the lot are used, but not in the classic sense of the grid and martingale, but from the levels that the price can reach before turning in the right direction, and is designed in such a way as to withstand even very strong movements (in several figures) that can be provoked by news and other events, when the price moves without the participation of market makers. With heavy drawdowns, work is underway to partially close loss-making positions in a plus or break-even position, using averaging orders of increased volume, without waiting for a full rollback. ----------------- The profit is taken by the number of points, and not by the size of the position. There are no plans for profitability, how much they give, we take so much. Sometimes I "overstay" profits. Positions can be held for a long time, I do not see anything shameful in their transfer through the weekend, and even more so in the night, especially if the direction of the deal is with a positive swap. It's pointless to impose your plans on the profitability and time of holding a deal on the market. ----------------- Also on the PAMM can be used additional automated vehicles, which will be reported additionally. ----------------- Automatic translation of Google, the original is in Russian.

Link to this declaration

Money Management
Max. leverage 1:3,000 (2,500)
Martingale No
Hedging No
Goals
Max. Drawdown to 100% (100%)
Max. daily loss 100% (99%)
Declaration is Valid
Declaration date Oct 5, 2020
Declaration age 7,5 m.
Number of changes 3
Last change Oct 6, 2020
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