I am a financial engineer by training. Worked for a few years but decided to put my training into practice and so here I am, practicing what I had learnt in practical.
I wonder if those who are setting up PAMM stop copying from the top eagles and passing off as theirs? It is not ethical. Those guys have spent a lot of efforts in analyzing and getting such great results. Copying their results and putting up PAMMs and what's worse spamming us with the PAMM is down right despicable.
I got a shock when a brokerage asked me if I want 1:1000 leverage. Isn't it crazy? I consider 1:50 already very excessive. The right combination is 1:10 and I have only seen one person https://www.mql5.com/en/users/pfsignal_com doing that, most think that the greater the leverage, the better it is. Nothing is further from the truth, it takes a lot of precision and experience to do forex with a 1:10 and Michael did it fantastically.