Hey there ProfitFarmers!
Here are the biggest news, updates, and stats for the month of MAY.
Results Report Download
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Check out the latest news this month
Ladder into your trades through the trading form!
What is laddering?
Laddering is when you buy into a trade at different entry prices.
When enabled, your entry prices will be split into 5 entries by default and the entry prices will be based on the signal’s entry zone.
The system will use a portion of the amount you’ve allocated to buy the coins once the price reaches those levels. The amount used will be based on the percentage you’ve set.
It’s a neat feature that can be very useful if you are planning to trade signals that have wide entry zones or if you are unsure of the exact entry price you should be aiming for.
As one of our members put it:
‘It’s really a game changer’
Full - Futures copy trading is now live!
Future copy trading is here! This system will allow you to copy-trade Futures signals and set the leverage accordingly. Keep in mind that this is connected to your Binance USDⓈ-M futures account and an amount of USDT in your Futures wallet.
Surviving the BTC crash and thriving!
May has been a very interesting month for crypto. The big BTC crash affected everyone who wasn’t prepared for it!
The good news is our experts have been keeping us safe throughout the market’s highs and lows; meaning people who were keen on our market updates are likely to have come out on top!
Check out this video for our market update timeline for Bitcoin!
How do I get these awesome updates?
ProfitFarmers members will get all of our updates and alerts. People who are part of our FREE Moonbag group can get some of our extremely valuable updates for free!
Headline numbers for May
Our algorithms gave rise to more than 261 signals in 31 days across the different strategies.
That’s an average of 8 closing every single day for our members all around the world.
What makes that number exceptional is that when you separate the winners and losers we saw a huge 76% of them hitting at least target 1!
That’s 199 out of 261 signals offering up at least some profit potential! Only 24% (62) of our signals generated and vetted by the experts went directly to stop-loss.
When do we publish signals?
Our signals are produced algorithmically. Meaning that they may appear at any time of the day! Here’s a graph showing when our signals were created for the month of May.
Our Favourite Trade
So you can see on the chart, the price stayed within the entry zone for around 3-4 hours before gaining momentum and hitting targets 1 and 2.
Afterwards, the price quickly dipped below our initial buy area but didn’t quite hit our stop loss. Then bounced up to eventually hit Targets 3 and 4. Those using the breakeven (trailing) stop loss would have had a tough time given the choppiness but the default stop loss held true for those willing to let it play out.
Overall target spread and profit per target
We broke down the winners to discover which targets were being hit. This is what we saw:
Approximately 51% of all the signals hit target 2, 3, or 4 that means more than half of our signals have been generating very profitable opportunities! Considering May was a rather violent month including a major correction we couldn’t be happier.
When we take a look at the average peak gains for each target, the results become even more impressive:
24.90% of trading signals generated hit Target 1 and achieved an average peak gain of +10%!
19.92% of trading signals generated hit Target 2 and achieved an average peak gain of +19%!
14.18% of trading signals generated hit Target 3 and achieved an average peak gain of +26%!
17.24% of trading signals generated hit Target 4 and achieved an average peak gain of +49%!
Only 24% of our signals hit stop loss and had an average loss of 9%.
Again, these stats look great against the backdrop of a savage market wide dump that punished so many people not in the know. Kudos to our trading team for not only producing plenty of profitable opportunities but also navigating the highs and lows of Bitcoin throughout very complex market conditions!
Based on our average depth, the ideal way to play this month is to set your entry prices to around 40 – 45%* from the top of the buy zone if you were trading Spot or Around 46-51%* if you were trading Futures.
*Keep in mind that this is not always indicative of future results.
Our top 10 trades for May
SOLUSDT is our big winner for the month, hitting an average peak gain of 157.95% in 28 days! RUNEBTC followed very closely behind, reaching an impressive peak gain of 156.19% in a month!
More opportunities in 2021!
Part of what makes the cryptocurrency market so exciting is that coins have the potential to go up and down almost exponentially! Volatility provides plenty of opportunity for those with the right approach.
All you need is a crypto co-pilot, to help you spot these interesting opportunities and navigate you through to the end.
Be more profitable and start making trading work for you again.
Join ProfitFarmers and:
Easily execute trades like an expert
Frequently find more profitable trades with less time
Cure the emotions & FOMO that cuts into profitability
Take your life back and actually ENJOY the journey of trading!