Declaration of the PAMM account xJUSTICEx:531408

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 xJUSTICEx
Acc. type ECN
Manager's capital $5,000
Min. deposit disallowed
Opening date Oct 6, 2022
Publication date Oct 6, 2022
Max. leverage 1:200

Trading Strategy

Long-term account with minimal drawdowns. Strategy and trading style imply the following features: 1. trading style – self-involvement (no algorithms); 2. type of strategy – rollbacks, reversals, trend continuation; 3. stop-loss use; 4. sometimes once deal is open there can be a temporary drawdown (certain strategy) which can be equal up to 4% of the account. In this case manager decides whether new position should be opened for this deal for "averaging" it or initial deal should be closed; 5. adequate leverage using in relation to the available capital under management; 6. time of the open deal, depending on strategy, can vary from 1 hour to 5 hours. In some rare cases - 12h+; 7. the result of this account is recommended be estimated no more than every quarter. FYI: 1. Unfortunately the declaration was violated due to intentional opening of a high-risk deal + the price made a 180 degree reversal within minutes because of speculative moves. 2. In the investment world 50% per year profit is considered as a decent one.

Link to this declaration

Money Management
Max. leverage 1:100 (54)
Martingale No
Hedging No
Goals
Max. Drawdown to 49% (49%)
Max. daily loss 37% (49%)
Declaration is Broken
Declaration date Feb 17, 2023
Declaration age 22 d.
Violation date Mar 10, 2023
Number of changes 0
Last change Feb 17, 2023
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