Money management is the most crucial part of your trading business. If you take a look at the professional traders, you will see that trading is not about taking trades with a big volume. It’s more about managing losing trades. People fail to make money from trading because they don’t have the skills to deal with the losses. They make things complex by using aggressive steps and thus lose a big portion of their capital. To secure your life in Singapore, you must learn to take the trades with advanced money management techniques.

Those who are struggling to make a profit at trading should follow the tips of this article. By following the rules mentioned in this article, you can expect to become a top trader.

Develop self-discipline

You need to develop the self-discipline to become a top trader. You can’t make any significant progress in life unless you become a disciplined trader. It’s very easy to say that you will follow the rules but once you start losing money in trading, you will learn that making money and changing your life is not that simple. You will be losing money most of the time and will blame the market. But if you take a look at the professional traders’ approach, you will see that they never break the rules. To them, rules are sacred and must be followed if you want become a top trader. So, work hard to improve your discipline.

Know the basic rules of money management

Before you learn about the advanced money management technique, you need to know the basic rules of money management. Ignoring the most basic rules at trading will force you to make a big mistake. Things might be tough at the initial stage, but once you learn to take the trades with discipline, you will be able to execute high-quality trades without having any issues. Trading is not as complex as it seems. But we make things harder if we don’t follow the rules of money management. If you ever visit the site of Saxo, you can learn more about the importance of money management through their website. Once you get the basic skills, you will be able to execute high-quality trades without facing any issues.

Learn to trail the stop loss

Being an ETF trader, you must learn to trail the stop loss. The trailing stop loss feature is the most important part of the trading business. Those who can trail the stops in an organized way can easily make big profits and change their life. But learning to trail the stop is not so easy. You must have strong knowledge about the support and resistance level and only then you can trail the stops. Think about your long term goals and try to develop a unique method you can use to take trades. Forget about the aggressive steps and trail stops by following the principles of logic.

Close the trades partially

Partially closing trades is a great way to secure a decent profit from this market. People don’t realize the fact that trading is a very risky business. They always want to make big profits without thinking about the long term consequences. But if you want to protect your trading capital, you will be able to learn the key things from the core of the business outwards. For instance, you can close profitable trades partially and move the stop loss to the breakeven point. By doing so, you will get a unique chance to make a big profit without hassle.


You now know about the advanced rules of money management. If you want to protect your fund, you must follow the tips mentioned in this article. Once you become good at analyzing the market dynamics, it won’t be tough to protect your trading capital.