Here are the latest trading signals statistics update covering December 1-31, 2020
Headline Numbers
Our algorithms generated over 221 in 31 days across the various strategies.
That’s an average of 7 seed signals closing every single day for our members all around the world.
What makes that number extraordinary is that when you break down the winners and losers we saw a massive 85% of them hitting at least target 1!
That’s 4 out of 5 signals offering up at least some profit potential! Only 15% (33) of our signals generated and vetted by the experts went directly to stop-loss.
Our Best Trade
The market has been so bullish that the price dipped around 15-20% from the top of our entry zone before quickly picking up momentum and hitting target 1 and target 2!
Afterwards, we saw a period of sideways action where the price ranged around 10% for 5 hours then skyrocket hitting target 3 and eventually target 4.
Interestingly, our top trade from Dec 1-15 (TFUELUSDT) also hit targets 1 and 2 rather quickly then saw a bit of sideways action within the same range.
Key takeaway for becoming more profitable with ProfitFarmers Signals:
Sometimes you’ll miss a signal while it’s within the entry zone, making it seem like you’ve lost your opportunity to earn.
This is not the case. As seen in the trade breakdown above, there’s still ample opportunity to profit by manually joining the trade ‘late’ in order to gain from targets 2, 3 and 4.
Target spread and profit per target
We broke down the winners to discover which targets were being hit. This is what we saw:
So 71% of all the signals hit target 2, 3, or 4!
Why is that so awesome?
Well, the average profit from each entry looks like this:
That means the majority of signals have been generating extremely profitable opportunities!
In summary:
- 57% of trading signals hit target 1 and generated achieved an average gain of 5.79%
- 91% of trading signals hit target 2 and generated achieved an average gain of 9.6%
- 53% of trading signals hit target 3 and generated achieved an average gain of 11.56%
- 05% of trading signals hit target 4 and generated achieved an average gain of 17.44%
Top 10 Trades
We’ve listed out the other top 10 trades over the period for you too.
December seems to be the month dominated by Injective Protocol (INJ). It appeared twice within our top ten list, and both times were paired against USDT. Incredibly, both trades achieved 48.03% and 32.19% peak gains in less than a day!
Kudos to SKALE (SKL) for achieving 33.62% and 31.49% gains in 12 hours against BTC and USDT respectively.
Be more profitable and start making trading work for you again.
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