My Metric Trade
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General Trading Rules (Applicable to Both Crypto & Stocks)

Trade with a Strategy

  • Use My Metric Trade’s no-code interface to define clear entry and exit rules.
  • Avoid emotional decisions by relying on automated rule-based execution.

Risk Management is Key

  • Always set stop-loss and take-profit levels.
  • Use dynamic position sizing to protect capital and reduce exposure.

Avoid Overtrading

  • Don’t trade impulsively or to recover losses.
  • Stick to your predefined strategy and avoid revenge trading.

Diversify Your Portfolio

  • Don’t put all your capital into one asset.
  • Use My Metric Trade’s dashboard to manage multiple brokers and instruments.

Monitor and Optimize

  • Use real-time analytics to track performance.
  • Refine strategies based on actionable insights.

Crypto-Specific Rules

Understand Volatility

  • Crypto markets are highly volatile and operate 24/7.
  • Be prepared for rapid price swings and use automation to stay responsive.

Invest Only What You Can Afford to Lose

  • Crypto is riskier than traditional assets. Limit exposure to a small portion of your portfolio.

Use Secure Platforms and Wallets

  • Ensure your exchange and wallet are reputable and secure.

Stay Informed

  • Follow news, updates, and sentiment analysis as crypto prices are often news-driven.

Stock-Specific Rules

Follow Market Hours

  • Unlike crypto, stock markets have fixed trading hours. My Metric Trade automates trades even when markets are closed.

Use Fundamental and Technical Analysis

  • Stocks often require deeper analysis of company performance, earnings, and macroeconomic factors.

Avoid Penny Stocks and Illiquid Assets

  • Focus on well-established companies with good volume and transparency.

My Metric Trade does not provide financial advice. However, one simple principle that every trader might consider is: don’t fall in love with a financial instrument. Instead, define clear buy and sell rules, aim to buy during market dips, and sell during upward trends.

My Metric Trade is designed to support wave-based trading in financial markets. Its simplicity allows users to execute small, rule-based buy and sell transactions with the potential to generate incremental profits. At the same time, it helps protect against market downturns by enabling the setup of stop-loss rules and other indicators.