Chartkitchen.com
If you like this provider
Get 10% DiscountExchanges
binance,bittrex
Monthly subscription
119.95 USD/month
3 month subscription
299.95 USD/3 months
6 month subscription
539.95 USD/6 months
Website link
www.chartkitchen.com
discord link
R6dpekj
Bots
no
Auto Trading
no
Live Trading
no
Margin Tradings
yes
Trust Management
no
Term
short/mid
Number of users
561
Status
approved
Support languages
Reports
Profit
+150%
Margin Profit
–
Communication
Price
–
Chart Kitchen Review - Do You Want to Know the Recipe for Profitable Trading? [Safetrading 2020]
Chart Kitchen is the crypto signals channel that offers calls of good quality and quantity using Discord.
If you read some of our audits, you will know how much we love to offer you really good channels.
The more groups I see, the faster I understand that good services are very rare.
Today we will talk about Chart Kitchen, and I will tell you everything you need to know about their services, prices, experience, etc.
Let’s go!
What Is Chart Kitchen?
The Chart Kitchen Discord service itself was opened in March 2020. In the beginning, traders posted signals and gave them absolutely for free.
At the beginning of June, guys decided to charge the subscription fee.
Despite having a young channel, traders of Chart Kitchen have a good level of experience, and below I will tell you about every trader and its experience level.
The head analyst ‘invetas’ has run a small signal channel since 2018. He has been trading cryptocurrencies since 2015. Since early 2017 it became his sole income stream, and he started to trade full-time. Before that, he traded Forex and CFDs on an irregular basis.
Another trader - the owner of Chart Kitchen has been trading currencies and other financial assets irregularly since 2008. He started to trade cryptocurrencies in late 2013. Chart Kitchen is the first channel he runs himself actively and focuses on building up the educational and content-sensitive branch of the service.
‘Leonidas’ has run a crypto community and signal service since 2018 as well. He got into trading cryptocurrencies in 2016. However, his focus has been more on algorithmic and bot-based trading, as well as fundamental analysis.
‘AP’ has joined the cryptocurrency markets in mid-2017. He has been trading stocks, especially on the MOEX since 2016. He is responsible for social marketing and graphic design.
‘MonsieurBroom’ is mostly responsible for community engagement and management.
‘Crim’ takes care of the backend of the service. At the same time, he serves as editor for their content.
Are you impressed?
I am!
Crypto Signals
It goes without saying that this channel can offer really profitable crypto signals, and below I will tell you about them in detail.
At first, this channel is unique because they provide many signals (as you like, yeah) and they are well analyzed and are going to bring profit.
As you see, here everything is mentioned - entry price, targets, stop-loss, and explanation of every trade.
According to the rules, Safetrading reviewed the signals of Chart Kitchen for April, May, and June 2020. The general profit is 150%. Remember that this profit means that you invest 10% of your capital in every trade. If you invest more, your profit will be more as well.
And now it’s time to talk about the best signals during the period of Chart Kitchen review.
TOP 1 crypto pair is ICX/BTC that brought 92.20% of profit, and the deal was opened on 19.05.2020 and closed on 26.05.2020.
TOP 2 crypto pair is GO/BTC that was opened on 09.06.2020 and closed on 23.06.2020 with 40.45% of the profit.
During the Chart Kitchen review, there were no trades that were closed by stop-loss, only a couple of them were “red” but the losses were minimal.
Chart Kitchen Advantages & Disadvantages
As I know, this is the most interesting part for our users.
The first advantage I want to discuss is the website. It is informative, everything is mentioned - prices, contacts, services, etc. And it is very, you know, attractive, by the way, you can find a lot of helpful articles on their blog.
The second advantage is communication. I received detailed answers to my questions and didn’t need to wait for a long time. So, I suppose, you as the potential user will get the same benefits :)
And the third advantage is, of course, signals. The team of traders is highly professional and their calls are really profitable and analyzed.
What about the disadvantages?
Sometimes users write to us that it is very strange when the audit contains only pros but no cons.
You know, I can’t make them up! The only thing that can be a disadvantage for some users is the price which, compared to other services we have, is high.
Final Thoughts
Today in this Chart Kitchen review we talked about the new channel on our platform.
Yeah, they know how to cook profit, haha :)
Shortly speaking, behind this channel there are traders with a lot of years of experience in trading.
Yes, they don’t offer auto trading but they offer quality.
As I told you before, their prices are not low, you can see them below:
But I think that these are good fees for legit service.
If you still have some questions about this service, feel free to contact the team using their website.
Good luck!
Andreas (safetrading.today): How long do you trade in general?
Chart Kitchen Team: Our chief technical analyst has been trading cryptocurrencies since 2015. Personally, I started to trade stocks as early as 2008. I’d estimate the average trading experience of our team to be around seven years.
Andreas (safetrading.today): Do you work/Did you work in other trading companies? If yes - in which ones? Is it a public or private company?
Chart Kitchen Team: We have not worked in any legacy market trading companies. Several of our members were involved with cryptocurrency trading projects and signal providers before though.
Andreas (safetrading.today): How much money did you earn while trading?
Chart Kitchen Team: I hope you understand that we are reluctant to discuss exact numbers. Let me put it this way: Our chief technical analyst lives most of the year quite comfortably in SE Asia, financed only via full-time trading. I diversified my earnings into real estate over the course of 2017 and 2018. Maybe that helps to get a general idea.
Andreas (safetrading.today): How long do you trade cryptocurrency?
Chart Kitchen Team: Our chief technical analyst is trading cryptocurrencies since 2015, full-time since early 2017. I've been trading cryptocurrencies since late 2013. On average I'd guess our team is active in the space since 2016.
Andreas (safetrading.today): Which crypto exchange do you use for crypto trading and why?
Chart Kitchen Team: We use Binance and Bittrex for the most part. They offer a large variety of trading pairs and good liquidity for the most part.
Andreas (safetrading.today): How many people are there in your team?
Chart Kitchen Team: Our team currently consists of six core members.
Andreas (safetrading.today): How much time do you trade every day?
Chart Kitchen Team: Our trading alarms are set 24/7. Our chief technical analyst is trading full-time.
Andreas (safetrading.today): How often do you open a deal (1 time/day, 1 time/hour)?
Chart Kitchen Team: That depends on the market conditions. We do not force trades. So it can be five trades a day, just one, or none at times. Looking over the past months, we issued 1.6 signals a day to our community.
Andreas (safetrading.today): Do you trade on your own or use a bot?
Chart Kitchen Team: We use trading terminals, to trade at several exchanges at once. However, I think that qualifies as trading on our own. One of our team members is an expert in algorithmic trading and bot-based trading software. So something is coming up in the future for our members.
Andreas (safetrading.today): Does your trading strategy take into account a fundamental analysis of the crypto market or assets? Please provide an example of such an analysis.
Chart Kitchen Team: We think of technical analysis and fundamental analysis as two separate entities that shouldn’t be mixed. We base our trading signals purely on technical analysis. However, we also have an experienced fundamental analyst on our team, which will release reports about promising projects, that could mature to significant value investments in the future.
Andreas (safetrading.today): Is your trading strategy based on technical indicators? If yes - which indicators do you use?
Chart Kitchen Team: Our chief technical analyst's standard setup is a crypto-adjusted Ichimoku cloud, a 50 and 200 EMA, volume, and RSI. In addition to that, a variety of secondary indicators to confirm the setups. However, we hold classical technical analysis like candlestick- and chart patterns in high regard as well.
Andreas (safetrading.today): Is the preservation of capital or multiplication of it a priority for you?
Chart Kitchen Team: Preservation of capital is the most crucial priority.
Andreas (safetrading.today): What is the win rate percentage of your strategy?
Chart Kitchen Team: Our current strategy ranks between 60% to 80% depending on the month and market conditions.
Andreas (safetrading.today): Which Risk Reward do you use in trading?
Chart Kitchen Team: We don’t work with fixed R:R ratios. However, all our setups have an R:R over 1.0.
Andreas (safetrading.today): What is your trading result as a percentage of the starting deposit at the moment?
Chart Kitchen Team: Our chief technical analyst has been full time trading with no other source of income since 2017. Note that I can’t discuss exact numbers.
Andreas (safetrading.today): Do you follow other crypto traders? If yes - which ones?
Chart Kitchen Team: We do not follow other cryptocurrency traders.
Andreas (safetrading.today): Do you use signals of other crypto traders? If yes - which ones? Is it BitMEX, Binance, Bittrex, Bitfinex, or Poloniex?
Chart Kitchen Team: No.
Andreas (safetrading.today): Do you use leverage? How often and which one?
Chart Kitchen Team: We give leverage signals on an irregular basis, it’s not our core business. However, when we see the situation fit, we go for it. The leverage is not fixed.
Andreas (safetrading.today): How risky is your trading?
Chart Kitchen Team: Our trading approach is rather safe. We utilize set stop-losses and trade spot most of the time. With the risk management we advise, the risk is very calculable.
Andreas (safetrading.today): Which risk percentage do you set on every deal?
Chart Kitchen Team: 1%. However, we advise our members to perform their risk assessment and adjust the numbers to their specific situation.
Andreas (safetrading.today): What maximum drawdown did you have? How did you get out of it?
Chart Kitchen Team: We can’t win 100% of the time, especially when the market turns wild. However, since we have started Chart Kitchen haven’t had a negative month.
Andreas (safetrading.today): Do you have a maximum drawdown limit at which you stop trading and no longer work?
Chart Kitchen Team: We utilize the rule of five. Our trades run with 1% risk loss, with a maximum of five trades open at the same time. If we end up losing all five of them in a single trading session, it’s time to take a stop and to reevaluate the markets for the next day or two.
Andreas (safetrading.today): Is your risk constant or variable?
Chart Kitchen Team: The risk is linear. Every single trade runs with a 1% loss risk of the portfolio, with a total of five open positions at most.
Andreas (safetrading.today): Have you had margin calls?
Chart Kitchen Team: We’ve all had them at one point in our trading career.
Andreas (safetrading.today): Do you think it is possible to gain profit from every deal in crypto trading?
Chart Kitchen Team: It's impossible to win 100% of the time unless you forge the statistics or control the market. The key to success is having your winning trades outweigh the losing ones.
Andreas (safetrading.today): Do you think it is better to risk and earn a lot of money or to risk with small earnings?
Chart Kitchen Team: Traders should always calculate their risk correctly. If your risk assessment only allows you to invest a small sum, that’s what you are going to do. Ignoring proper risk management is an almost certain path to the complete loss of your balance.
Andreas (safetrading.today): Do you listen to other people’s advice while trading?
Chart Kitchen Team: Short and simple answer: No.
Andreas (safetrading.today): Do you think emotional background has an influence on traders’ results? Please describe such a situation from your own experience.
Chart Kitchen Team: Emotions are everything in trading. That’s why every trader should follow a rule-set that allows him to remove emotions from the equation. It takes discipline to stick to your rules and not interfere with your running trades. The same discipline it takes to follow your risk assessment at all times. No matter how lucrative the deal may seem that opens in front of you. I'm quite sure everyone can think of several situations, where it was hard for them to not fall for their emotions over a trade.
Andreas (safetrading.today): Do you have a cryptocurrency market statement certified by a broker?
Chart Kitchen Team: We do not have such a certification, and I want to emphasize on this point that we are not certified brokers.
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