Hey there ProfitFamers!
It’s time for the quarterly ProfitFarmers news covering July, August, September of 2021. If you want to read full details about what happened during those months, then follow the links to the Monthly blog posts!
Let’s review what happened in Q3 2021!
July finally marked the end of the 70-day downtrend for Bitcoin that began during the May crash, which saw Bitcoin prices shave off about 53% from the peak.
Despite the bearishness of Q3, ProfitFarmers managed to secure 287 wins from a total of 357 trades – that’s an 80% win rate! Goes to show that ProfitFarmers can perform in any market!
If you’ve been keeping up with our Market Updates, you’d know that we are bullish on Quarter 4. If you’ve enjoyed this quarter, get ready for the next!
The future aside, let’s look at our statistics from last quarter and everything that was new in the platform during this time. Scroll down to read more.
Signal Results Highlights
Results Report Download
What went down with ProfitFarmers during Quarter 3.
Released New CM family of Signal Strategies.
We’ve updated our strategy guide to include the CM strategies (our newest strategy family, though not yet complete). We highly recommend that you read up on them so that you can make the most out of these signals when they appear on the dashboard.
New CM strategies: CM2, CM3, CM9, CM10, CM11, CM12, CM14, CM15
These are designed to trigger during choppy/sideways markets. These signals will frequently be ‘closed early’ due to the nature of choppy price action and micro-trends.
Trading Future Signals with Spot!
- This is for those members that want to trade Futures signals but do not want to use any leverage.
- This feature was also introduced partly in response to the sudden Binance announcement where futures trading in some European countries and Australia was disallowed.
Added Breakeven Stop loss #3
Move SL UP (2 steps behind) when TP target hits –
This will make your stop loss move to your entry price once T2 is hit. Once T3 is hit, Stop loss will move to T1. By moving the stop loss two steps behind, decreases the risk of you being stopped out prematurely while keeping your gains relatively safe.
Risk Management Calculator!
Have you ever wondered how much money you should use on each of our trading signals? If so, you’re not alone.
Many of our members ask us this too! We’ve answered that exact question in this article: Risk Management 101
Why is the answer within Risk Management?
Because in order to know how much you can use per trade, you have to know EXACTLY how much you are okay to risk losing.
We’ve even included a free trading calculator that lets you calculate how much you can trade with on a specific signal in SECONDS! Video tutorial included!
Want that calculator? The download link is inside the article
Trading signal statistics - full breakdown
Our algorithms generated over 357 signals in 92 days (3 months) across the various strategies available in our arsenal. That’s an average of 4 seed signals closing every single day for our members all around the world.
When we broke down the winners and losers, we saw a massive 80.38% of them hitting at least target 1,2,3, and 4!
That’s 287 out of 357 (3 out of 4) signals offering up at least some profit potential! Only around 19.61% (70) of our signals generated and vetted by the experts went directly to stop-loss.
Our Favorite trade for the Quarter
Our favorite trade this quarter started on August 31, 2021, and closed on September 7, 2021. It’s FTMUSDT!
Target Spread And Profit Per Target
Overall, an amazing 44% of our signals hit targets 2, 3, or 4! That’s half of our signals offering some serious potential gains! Target 1 was hit more often than any other target! Followed by Target 2!
Let us check the Average peak gains from each entry. You can see amazing results!
- 36.41% (130) of our signals hit target 1 and made an average peak gain of 11.37%
- 21.85% (78) of our signals hit target 2 and made an average peak gain of 28.48%
- 10.64% (38) of our signals hit target 3 and made an average peak gain of 47.81%
- 11.48% (41) of our signals hit target 4 and made an average peak gain of 66.95%
Only 19.61% of our signals went directly to stop-loss.
Average depth for July - September 2021
We’ve seen these past few months, the prices have been dipping at an overall average of around 43% from the top of our buy zone.
That means for this period, the best ‘average’ way to get into the trade is to set your entry price just around 40–45% if you were trading spot or around 41% if you were keen on trading Futures*.
If in doubt, use our laddering feature to take the stress away!
*Keep in mind that history does not guarantee future results.
Top 10 Trades for the Quarter
It’s really inspiring to see that most of our signals for this quarter achieved at least 100% peak gains! FTMUSDT also provided us with a 154.56% peak gain in just a week!
With that, we close off Quarter 3 of 2021. July, August, and September had its ups and downs, but now we are ready for Quarter 4.
We are very happy about your continuous support on the Platform. This really helps us to keep going! Despite many challenges especially with the recent market results. Still, we believe that if you want to gain more success, then the first step is to be grateful for many things you have. Only after you build an “attitude of gratitude” can you begin to grow and build on your happiness or achieve a measurable level of success.