Your bankroll is the total sum of money you have allocated for trading. One crucial factor for a trader is to follow basic bankroll and risk management guidelines. Risk management aims to keep the likelihood of going bankrupt (losing all of your trading money) as low as possible.
The bankroll graph in your dashboard represents the allocation of your bankroll currencies. A bankroll currency is any quote currency your bots are trading. For example, if you have two bots, one grid bot on BTC/USDT, one DCA bot on BNB/BUSD, and one signal bot on ETH/BTC; then USDT, BUSD, and BTC are your bankroll currencies.
Having a bird's eye view of your bankroll is important to avoid overextending your account. The bankroll graph will help you to do just that, let's go over each section:
If you can see 'Over' section in the graph, it means that your account is overextended for that bankroll currency. Being overextended doesn't mean that there is an inminent risk, but you should always keep an eye on this value because if the market changes drastically, your bots could end up using all the available currency and run out of funds.
Features
Use Cases
Resources
Help & Support
All rights reserved. Copyright © 2024.