Top Secrets of a Profitable Trader!!!

You need to know this, it will help you manage your trading Risks.

Today I want to tell us one way to avoid losing all funds while trading.

In every of my wallet accounts, I split my funds to different sections. I can have 20% funds in Futures, 30% in Spot trades and 50% in my Funding section.

I do this everyday because I have to manage my spendings and profits.

The percentage in my Futures wallet is for trading for the day, after trading and getting profits, I split again and transfer some to my Funding section.

With this, I won't trade more than I budgeted for the day. If I trade in loss, the account stays that way till next day then I split funds again.

My daily Futures balance depends on what I am willing to lose in that particular day.

My funding section serves as my bank account if I need to deposit to Futures.

Also, when the amount in Funding section is smiling, I withdraw to my bank to smile better😂

In summary, learn to manage your spendings on trades. This will help you build a better trading life and also keep you far from blowing your trading accounts.

The image attached shows amount split between Funding wallet and Futures wallet.