Trader Make Money
Trader Make Money (TMM) is a specialized platform designed for cryptocurrency traders, particularly those using exchanges like Binance, OKX, Bitget, and Bybit. It provides a comprehensive trading journal that automates trade tracking, analysis, and performance reviews, with a focus on improving trading strategies through detailed insights.
Key Features:
- Automated Trade Sync: By connecting via an API, TMM automatically imports trades from supported exchanges. This includes profit calculations and hidden fees, reducing the manual work involved in journaling your trades.
- Customizable Dashboards: Users can tailor their dashboard to show metrics and analytics that matter most to them, helping them monitor their trading performance at a glance.
- Powerful Analytics: TMM offers hundreds of metrics, all displayed in widgets that users can customize. This enables traders to evaluate their trading styles, success rates, and risk management efficiency.
- Risk Management: The platform flags trades that deviate from your predefined risk management rules, helping users stay disciplined. It also offers real-time alerts via Telegram when corrective action is needed.
- Free Plan: TMM provides a free plan that includes basic trading journal features, making it accessible to beginners who want to start tracking their trades without upfront costs.
- Telegram Integration: The service also integrates with Telegram, sending real-time updates on trade executions and results, allowing users to monitor performance seamlessly
Advantages:
- Automation: The API sync significantly reduces the time spent manually entering trade data.
- In-depth Analytics: With customizable dashboards and extensive metrics, TMM offers traders valuable insights to optimize their strategies.
- Beginner-Friendly: A free plan is available, allowing new traders to start using the service without financial commitment.
- Risk Management: Built-in tools for monitoring and enforcing risk parameters help traders maintain discipline.
Areas for Improvement:
- Some users have noted that the platform’s user interface could be more intuitive, especially for those handling multiple accounts or large trading volumes.
- Spot trading support on Binance is still a requested feature, as the platform primarily caters to futures traders
Reviews
Overall, Trader Make Money is a robust tool for serious crypto traders, especially those looking to improve their performance by analyzing past trades and optimizing their strategies through data-driven insights.