Here are the latest trading signals statistics and system updates covering NOVEMBER 1-30!
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Headline Numbers
For November, our algorithms generated over 256 signals in 30 days across the various strategies.
That’s means we are pushing back up towards 8 new trading signals 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 81% of them hitting at least target 1!
That’s 4 out of 5 signals offering up at least some profit potential! Only 19% (48) of our signals generated and vetted by the experts went directly to stop-loss.
ProfitFarmers News and Updates
Bitcoin at a new all time high!
Bitcoin surged from $16200 up to almost $20,000 across most exchanges. Specifically hitting $19888 on Binance to create a new all time high! A large pullback soon followed but that has given room for altcoins to breathe!
It’s altcoin season (or soon will be!?)
The market has really started to pick up again and we have seen some huge gains from various altcoins. Of particular note we saw XRP (RIPPLE) finally break out after a long long time being ridiculed as a dead ‘shitcoin’. Around 150% gains were posted in 6 days!
And that is just the tip of the iceberg. When altseason gets into full swing it’s not unusual to see multiple coins per day racking up double and triple digit gains.
To make the most of it you need to have software or tools that can help you quickly spot the coins that are moving up out of the hundreds of options.
We recently paused the Futures signals just for 2-3 days so that we can move the Futures trading strategy algorithms onto a new server that will receive different price data. Once setup and testing is complete we will be able to turn the strategies back on for you all.
The development team will then focus on the user experience side so that we can bring more full-featured copy trading features to the Futures market.
Our Best Trade
So you can see on the chart that the price dipped around the middle of our buy zone then quickly gained momentum and hit target 1 in under an hour.
After a short pull back, it skyrocketed through targets 2 – 4… reaching a peak gain of 43.9% in just 5 hours!
Target spread and profit per target
We broke down the winners to discover which targets were being hit. This is what we saw:
Another incredible month! 61% of all the signals hit target 2, 3, or 4!
Why does this sound amazing?
Well, the average profit from each entry looks like this:
That means the majority of signals have been generating extremely profitable opportunities!
Here’s a quick rundown of the wins:
- For target 1, more than 20% of the trading signals generated achieved a peak profit of +5%!
- For target 2, more than 17% of the trading signals generated achieved a peak profit of +7%!
- For target 3, more than 17% of the trading signals generated achieved a peak profit of +12%!
- For target 4, more than 25% of the trading signals generated achieved a peak profit of +16%!
For losing trades, it just means that 18% of the signals hit the stop-loss and on average, lost 4%.
Top 10 Trades
We’ve listed out the other top 10 trades over the period for you too.
It’s around the start of alt season (at the time of writing) and already, we’re seeing a lot of interesting action. ALPHA not only came out on top; it took 3 spots in our top 10.
Twice it went up against BTC, resulting in gains of 43.9% and 22.7% in their respective trades. Interestingly enough, ALPHA also went against USDT and resulted in a peak gain of 42.84% in just 5 hours!
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