Unfortunately, trading money management services are usually reserved for individuals with significant wealth.
Don't be confused. This doesn't mean that money management only important if you have a lot of money. All it means is that this type of service is only profitable for professional managers when an investor is wealthy! The reason is two fold:
The info on this page will probably sound like common sense, but most investors and traders don't even think about it. As safe investors, you know the total amount of money you have to invest before you start investing.
You also need to figure out how many trading accounts you need, how much money to put in each one, and then how much money to put in each investment.
There are two aspects you need to address: Portfolio Sizing and Position Sizing.
By accounts, I mean the minimum amount of money that you want to have in your checking account at all times, the balance of your savings account, the size of your emergency fund, the money in your trading accounts, and last but not least, how much money you currently and plan to have in your retirement accounts.
Definitely not the time to have eyes bigger than your stomach
The total amount of money available for investing (i.e. Portfolio or Account Size) is the balance of your investment and trading accounts.
Each account size will vary, depending on the your:
How you slice up your portfolio can have a big impact on your results
The amount depends on several factors, such as your: