Below is a list of standard terms you will likely come across when using Zignaly!
PS (Profit Sharing) | Profit Sharing is the #1 automated trading method! It lets you invest with wealth managers and get 100% identical results. The Profit-Sharing method has benefits over regular Copy-Trading. You will only pay a success fee when you have reached new profitable highs in these positions. |
PS2 (Profit sharing 2.0) | It's the updated version of PS (Profit Sharing) with new Key Features:
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PAMM (Percentage Allocation Management Module) | Clients can commit their assets to a PAMM manager or a professional wealth manager. The manager trades utilizing all investors' funds.
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PnL (Profit and Loss) | It’s a financial statement that shows a position's revenues over a specific time.
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SF (Success Fee) | The fee when a new high water mark is reached. The cost is only based on the difference between the old and new highs. |
HWM (High Water Mark) | When there are profits, and the balance is above the high-water mark, the profits will be split. If there are open positions with losses, the negative amount will be retained until the positions are closed. |
WM (Wealth Manager) | This is an expert who manages investors' funds. Wealth managers must have the experience to pass the Zignaly marketplace listing requirements. |
PSDS (Profit Sharing Daily Settlement) | We will keep track of services daily. During the PSDS, we look at how much money the service made or lost in the last 24 hours. |
CSV | This is a text file format you can download and view previous transaction history for tax purposes. |
PsDeposit | All investments into a service. |
PsWithdraw | All investments out of a service were done before accounting (funds didn't reach the service). |