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.