Andreas (safetrading.today): How long do you trade in general?
Secret Signal Service: 3-4 years.
Andreas (safetrading.today): What was your financial market before you started to trade cryptocurrency (USA, Europe, Russia, New York, Forex)?
Secret Signal Service: Crypto only.
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?
Secret Signal Service: No.
Andreas (safetrading.today): How long do you trade cryptocurrency?
Secret Signal Service: 3-4 years.
Andreas (safetrading.today): Is your company legally registered?
Secret Signal Service: No.
Andreas (safetrading.today): Do you have your own office? Could you provide its address?
Secret Signal Service: No.
Andreas (safetrading.today): Which crypto exchange do you use for crypto trading and why?
Secret Signal Service: Mainly Bitmex - leverage trading and high liquidity.
Andreas (safetrading.today): How many people are there in your team?
Secret Signal Service: Currently 4.
Andreas (safetrading.today): How much time do you use on preparation for trading every day?
Secret Signal Service: For our 2 primary traders- Approx 40% 40% monitoring trades, 20% entering/updating trade.
Andreas (safetrading.today): How much time do you trade every day?
Secret Signal Service: This differs every day depending mainly on the market and to a lesser degree on personal circumstances. This typically ranges between 2-8 hours.
Andreas (safetrading.today): How often do you open a deal (1 time/day, 1 time/hour)?
Secret Signal Service: 1/day on average.
Andreas (safetrading.today): Do you trade on your own or use a bot?
Secret Signal Service: We trade manually but also enter trades into Cornix for members and test account.
Andreas (safetrading.today): Does your trading strategy take into account a fundamental analysis of crypto market or assets? Please provide an example of such an analysis.
Secret Signal Service: We monitor the health of the market via crypto news and market cap, however we put more emphasis on Technical analysis.
Andreas (safetrading.today): Is your trading strategy based on technical indicators? If yes - which indicators do you use?
Secret Signal Service: We have our own custom technical indicator we use as primary guidance, however we also use basic indicators like moving averages, rsi and macd to help inform our hypothesis and decision making.
Andreas (safetrading.today): Is the preservation of capital or multiplication of it a priority for you?
Secret Signal Service: Preservation of capital is our priority, however we are in the process of launching a high risk strategy using low capital which more so aims for multiplication.
Andreas (safetrading.today): What is the win rate percentage of your strategy?
Secret Signal Service: Approx 90-95%.
Andreas (safetrading.today): Which Risk Reward do you use in trading?
Secret Signal Service: Typically we aim for 1:2, however this depends on market conditions and our confidence. We generally aim for high strike rate as opposed to high RR.
Andreas (safetrading.today): Can you provide an amount of deals made on cryptocurrency market?
Secret Signal Service: Privately 1000s. Published almost 95 in our signal group over last 3 months.
Andreas (safetrading.today): Do you have an experience of fiduciary management of clients’ capital?
Secret Signal Service: No.
Andreas (safetrading.today): Please provide contacts of the person who can confirm your experience in fiduciary management of his/her capital?
Secret Signal Service: As above.
Andreas (safetrading.today): Name please the cryptocurrency you earned the biggest amount of money with?
Secret Signal Service: BTC/XBT.
Andreas (safetrading.today): Do you follow other crypto traders? If yes - which ones?
Secret Signal Service: Our mentor (wishes not to be revealed), CryptoCred, D4rkEnergY, botje11, Excavo. Many others across trading view and crypto Twitter.
Andreas (safetrading.today): Do you use signals of other crypto traders? If yes - which ones? Is it BitMEX, Binance, Bittrex, Bitfinex or Poloniex?
Secret Signal Service: No.
Andreas (safetrading.today): Do you use leverage? How often and which one?
Secret Signal Service: Majority 5x.
Andreas (safetrading.today): How risky is your trading?
Secret Signal Service: Generally safe and low risk. We're experimenting with high risk trades.
Andreas (safetrading.today): Which risk percentage do you set on every deal?
Secret Signal Service: 5-20% depending on RR.
Andreas (safetrading.today): What maximum drawdown did you have? How did you get out of it?
Secret Signal Service: 30%. By slowly accumulating back, taking less risky trades to avoid losing further.
Andreas (safetrading.today): Do you have a maximum drawdown limit at which you stop trading and no longer work?
Secret Signal Service: If our drawdown came to over 50%, we would probably pack up for a week and reevaluate our strategies.
Andreas (safetrading.today): Is your risk constant or variable?
Secret Signal Service: Generally constant although alternates considering high risk signals.
Andreas (safetrading.today): Have you had margin calls?
Secret Signal Service: Our signals are all margin calls. Privately We trade alts and on some spot exchanges.
Andreas (safetrading.today): Do you think it is possible to gain profit from every deal in crypto trading?
Secret Signal Service: No - this impossible. That's why it's so important to consider strategy and risk management.
Andreas (safetrading.today): Do you think it is better to risk and earn a lot of money or to risk with small earnings?
Secret Signal Service: Risk with small earnings - we always tell our members to start small and only enter what they can afford to lose.
Andreas (safetrading.today): Do you listen for other people’s advice while trading?
Secret Signal Service: We stick to our strategy, and only take advise from our mentor.
Andreas (safetrading.today): Do you think emotional background has an influence of traders’ results? Please describe such a situation from your own experience.
Secret Signal Service: Human psychology and emotion is one of the critical elements to trading. Majority of our trading strategy actually follows simple trading techniques, and what most people dont realise is that when we analyse the market, we are evaluating the emotional state of the masses to help us understand probable direction and ultimately make a decision. When we trade, it's important we have our emotions in tact. There are times where 1 of our traders is not feeling emotionally grounded and has lost consecutive trades as a result. This is why we have 2 traders and can alternate in these situations.
Andreas (safetrading.today): Do you have a cryptocurrency market statement certified by a broker?
Secret Signal Service: No.