Account management service
I would like to ask an expert about it. If someone had already used this service and being an experienced account manager or user of account management company advise me.
What is important before joining any account manager?
It mainly depends on you. How you see things and how careful you are. Anyway you should at least see the following things
"Trade History" "Drawdown Levels" (stop loss strategy and actually loss history of his account) "Broker" "Behavior of account manager" (It will be suspicious if he is lying. He will try to be extra-nice)
But its not the fixed things that you should check. Its your own mind. An important thing is that you should never give your money to someone you dont know in real life. There will be 95% chance of scam if you trust a person and give your money to him for management. Account management should be done under your control.
Bee There is no term like "sufficient money". So aim for a satisfied life.
It mainly depends on you. How you see things and how careful you are. Anyway you should at least see the following things"Trade History" "Drawdown Levels" (stop loss strategy and actually loss history of his account) "Broker" "Behavior of account manager" (It will be suspicious if he is lying. He will try to be extra-nice)
But its not the fixed things that you should check. Its your own mind. An important thing is that you should never give your money to someone you dont know in real life. There will be 95% chance of scam if you trust a person and give your money to him for management. Account management should be done under your control.
I think a beginner investor will also look at these things before investing. You r right that it is all about using your brain. The only mistake sometimes people do is to handover their money to the account manager. This is the riskiest option.
The good or ill of a man lies within his own will. – Epictetus
i think the basic think is to give some one who is physical touch with you and set a meeting and sign agreement on the giving account to him.
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@ Ironical, I go with you
