# Choosing a Strategy that best suits You. Essential tips
{% hint style="info" %}
***Disclaimer:** For educational purposes only. You should not construe any such information or other material as investment, financial, or other advice. DYOR. Never invest more than you can afford to lose.*
{% endhint %}
One of the most important steps that every Follower takes is choosing which Strategies to Follow.\
\
Here are some essential tips, which when considered and applied together, may assist Followers with choosing Strategies that best suit their risk tolerance, profit goals and more.
### 📆 Look for time-proven Strategies with the help of the 'Active Days' indicator
'Active days' reflects the amount of days a Strategy has been active for:
While the activity duration of a Strategy does not necessarily reflect its level of success, a Strategy that has stood the test of time will reflect more extensive information about its profitability trends and profitability history. A good indicator to take into account when searching for reliable Strategies.
### 📊 Take into account a Strategy's profit charts, profitability, Equity stats to determine its profitability trends, growth and ROI potential.
Profit charts and profit statistics of a Strategy reflect its profitability trends and the overall trading success of the Strategy:
It is important to keep in mind that **newly created** Strategies (i.e with a low 'Active days' indicator) with high profitability may often employ high-risk/high-reward trading techniques. While this may quickly bring these traders to the top of the leaderboards in the case of their success, such Strategies may not be suited for Followers looking for a more steady and stable ROI with low risk.\
\
On the other hand, a consistent and steady growth of a Strategy's return on investment over a long period of time, can be a strong indicator of a Strategy with viable trading techniques and effective risk management. Definitely something to consider for those looking for a stable ROI.
### 💰 A manager's personal Equity as an indicator of their commitment to the success of their Strategy
Another key factor worth considering is a Strategy manager's personal Equity. Strategies in which the manager holds a minimum of **0.5 BTC** in equity are awarded one star ⭐ (see 5-star rating description below). This indicator ensures that such Strategies are more seriously committed to the capital at stake. In other words - the more personal Equity a manager has allocated toward their Strategy, the more committed they will be to utilizing low-risk trading techniques and proper risk management to ensure that their Strategy is successful.
### 📉 **Monitor margin chart metrics for risk aversion and capital protection**
When choosing a Strategy from a margin risk point of view, one should always consider a Strategy's margin metrics chart:
The '**Margin' chart** **reflects a manager's Margin usage statistics** at any given point in time. Something worth taking into account when reviewing a Strategy's margin metrics:
🟢 **Green** values on the chart mean margin usage was less than **40%**\
🟡 **Yellow** values designate periods of more aggressive margin usage between **40% to 70%**\
🔴 **Red** values alert about a very risky trading style with more than **70%** or more of margin used
Utilizing a large share of a trader's margin implies the use of very-high risk trading techniques which may lead to large losses sooner or later. When positions go against a trader any available margin is utilized until the unrealized loss exceeds available margin, after which all positions are automatically liquidated. The more margin is allocated towards opening a trade, the more risk the trader takes that liquidation will occur should the market move against them.\
\
For those with a low risk appetite or those who just want to protect their capital by minimizing margin risk, reviewing margin metrics is a crucial step when considering which Strategies to follow.
### ⭐ Considering additional Strategy activity indicators with the 5-star rating system
Each Strategy can receive up to 5 stars in the rating system. Each star corresponds with certain conditions and is awarded if these conditions are maintained by the trader:
Stars are additional indicators of a Strategy's overall activity and will provide additional information worth considering when choosing a Strategy.
### 📶 Be aware of the most frequently traded assets using Strategy's Pie chart
Pie chart displayed in each Strategy reflects statistical and historical data about the assets a manager selects to trade with the most. Assessing this information allows you to estimate how much the selected Strategy compliments your market risk evaluation to further make a weighted decision to Follow.
### ⌛ Patience is Key
When unable to make a decision on which Strategies to follow, sometimes the best option is to simple exercise patience and wait for any changes in Strategies that may gain your favor before Following. This will give you additional time and opportunity to consider which Strategies to Follow.\
\
Trading success is based on a large number of factors which are not possible to predict with absolute accuracy thus it is important to remember that even the best traders are also human and can make mistakes. That being said, the tips provided here are guidelines which may assist Followers with finding Strategies that best suit their risk tolerance and profit goals and may greatly assist with making an informed decision when choosing a Strategy to Follow.
{% hint style="info" %}
***Disclaimer:** For educational purposes only. You should not construe any such information or other material as investment, financial, or other advice. DYOR. Never invest more than you can afford to lose*
{% endhint %}
---
# Agent Instructions: Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.
Perform an HTTP GET request on the current page URL with the `ask` query parameter:
```
GET https://primexbt.gitbook.io/help-center/covesting/finding-the-right-strategy-for-you.md?ask=
```
The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.
Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.