In this article, we provide a , explain how to use it, and why it is the only tool you need to protect your trading account from drawdowns.
Here's a step-by-step guide to creating a basic Quotex money management Excel sheet:
Keep your Excel sheet open on a secondary monitor or split-screen alongside your Quotex web terminal. Enter data immediately after a candle closes.
Highlights whether your strategy performs better during the London, New York, or Asian market sessions. How to Set Up Your Quotex Excel Sheet
for a 1% risk management strategy so you can build your own safe sheet? Quotex Money Management Excel Sheet | PDF - Scribd
This model naturally preserves your capital during a drawdown. 2. The Compounding (Anti-Martingale) Model
This guide is for educational purposes only and should not be considered as investment advice. Trading binary options involves risk, and you can lose some or all of your investment. Always use proper risk management techniques and trade responsibly.
(Link: [Insert Your Google Drive/Dropbox Link Here]) (Note: This sheet is virus-free, works on Excel and Google Sheets, and requires no macros.)
You reinvest your profits from the previous trade into the next one for a specific number of "steps" (e.g., a 3-step compound).