The Pay-In/Pay-Out feature is a manual ledger allowing you to record capital inflow and outflow from your broker account. This feature facilitates tracking and managing financial transactions related to trading activities.
Why to use it?
-> Maintain a precise ledger of all deposits (pay-ins) and withdrawals (pay-outs) associated with your trading account.
-> Enables you to keep track of funds allocated for trading, aiding in better decision-making and overall portfolio management.
Tools-> Payin & Payouts
How to use it?
-> Select the transaction type – whether it’s a deposit (Pay-In) or withdrawal (Pay-Out) from the broker account.
-> Input the transaction amount, specifying the deposited or withdrawn sum.
-> Provide the transaction date to accurately timestamp the financial movement.
-> Include any relevant notes or comments for future reference or clarification, if necessary.
a) Is the Pay-In/Pay-Out feature essential for all traders?
-> It’s highly beneficial for traders to maintain accurate financial records. However, its necessity may vary based on individual trading practices and the need for organized financial tracking.
b) Can I edit or delete a recorded transaction in the ledger?
-> Yes, users generally have the option to edit or delete entries, ensuring accurate and updated records. However, specific platform functionalities may vary.
For further support and understanding join our trading community group-> Telegram Link
The videos and content on this platform are purely for educational purposes to showcase the Stolo product and help people understand how the product works. We will not be responsible for your profit and loss. Please consult with your investment advisor before making any financial decisions.