Hey there ProfitFarmers!
Here is the latest trading signals statistics update covering the 4th quarter of 2021 (Oct-Dec)!
Results Report Download
This quarter definitely did not follow popular expectations of what Bitcoin’s price should be doing (by popular, we mean what certain excitable people talk about on Twitter!).
After hitting an all-time high of 69k back in November and casually dipping 38% in December, popular sentiment shifted to extremely fearful just before the end of 2021.
Currently into the new year the markets remain fearful, which means it continues to be a good buying opportunity (buy the fear, sell the greed).
If you want to follow the ProfitFarmers Instinct, then check out this article to see what Altcoins we are accumulating during the dips.
We expected the dip, did you?
Luckily for us we’ve got Nostradamus reading the charts for ProfitFarmers – as we predicted the dip in this December 1 Market Update, and to those that heeded our warning should have been safe from carelessly trading during this volatile period.
December called for caution so we didn’t make many trades, although we did make some signals the overall recommendation was to sit on your hands and wait.
To see how ProfitFarmers did during this non-conforming quarter of the year, check out our statistics breakdown below (this will be our last quarterly update as we’ll focus on Monthly reports for 2022 and beyond!):
Trading signal statistics - full breakdown
Our algorithms generated over 262 signals in 92 days (3 months) across the various strategies.
That’s an average of 3 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 78% of them hitting targets 1,2,3 and 4!
That’s 205 out of 262 signals offering up at least some profit potential! Only [22%] (57) 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 months of October, November and December.
Our Favorite trade for the Quarter
Our favourite trade over this quarter started on November 18, 2021 and closed on November 26, 2021. It’s GALAUSDT.
The reason why we love this trade so much is that it generated almost 300% gains in only 8 days!
Even if you put only $150 in this trade, by the end of 8 days your $150 would have been $600 – that’s a brand new Playstation 5 paid for in only 8 days and with a click of a few buttons.
It’s so easy it almost feels like cheating 😛
Best performing coin of the quarter
Throughout the quarter we’ve been consistently trading SAND, and it’s been consistently giving us awesome results! The best one came in November generating over 1500% gains!
Target Spread And Profit Per Target
Overall, 42% of our signals hit targets 2, 3, or 4! That’s almost half of our signals offering some serious potential gains!
Only 21.76% of our signals went directly to stop-loss
Below is the Average peak gains of each target.
- 36.64% (96) of our signals hit target 1 and made an average peak gain of 12.06%
- 24.43% (64) of our signals hit target 2 and made an average peak gain of 25.41%
- 8.02% (3) of our signals hit target 3 and made an average peak gain of 47.42%
- 9.16% (24) of our signals hit target 4 and made an average peak gain of 155.48%
Quarter 4 turned out to be pretty decent for our signals despite the uncertain market conditions and a rocky December!
Average depth for October - December 2021
During the quarter the prices have been dipping at an overall average of around 40% 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 around 40-48% if you were trading spot or around 35-38% if you were 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
SAND dominates our quarter 4 top 10 trades. This was due to the crazy hype around the metaverse that happened around November, where we furiously traded SAND jumping on every opportunity. May 2022 be a year where more trading opportunities like this happen!
We are looking forward to the new year with all of you ProfitFarmers! To more gains ahead!