Who Is A Money Manager In Trading?
Money management in trading is essential.
Often, effective management of funds means being disciplined and following a given tested strategy.
A big part of this, without a doubt, is implementing a risk management plan that goes hand in hand with a trader's risk profile.
Admittedly, traders vary.
The aggressive type is greedy when others are fearful, willing to take on the market, catching a falling knife. But, of course, the market can remain more solvent than a trader.
So, in some instances, a money manager can take charge of the ship, helping in steering it to profitability.
A trader can use the services of a money manager to take charge of a trading account for a fee.
These money managers are time-tested, vetted, and boast of an impressive track record of profitability.
Ordinarily, a money manager will direct all investment and trading activity of an account but with some limitations. For instance, they can't add funds to a client's account, nor can they transfer funds.
CryptoAltum does welcome established money managers, bringing them to the fold. All they have to do is apply.
Several perks come with being a money manager with CryptoAltum.
One of them is the flexible percentage of performance fees, additional introducing broker (IB) commission on all trades placed, access to the high leverage of 1:500, and an offer proportional by equity asset allocation.
This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.
CryptoAltum does not accept any clients under the age of 18.