Human nature and psychology have much to do with it. Fear and greed – two very strong emotional feelings make people do things they otherwise wouldn't, if their head would be clear. To keep investors mind on track professionals try to teach people using PAMM plans and stick to them. One of the most important chapters of a PAMM investment plan should be the money and risk management chapter. Since most of investors know nothing about this topic, they constantly lose money in FOREX.
