Andreas (safetrading.today)
How long do you trade in general?
Logicalorange (SublimeTraders Team)
We have been trading since 2005.
Andreas (safetrading.today)
What was your financial market before you started to trade cryptocurrency (USA, Europe, Russia, New York, Forex)?
Logicalorange (SublimeTraders Team)
We have been trading stocks, commodities, and Forex . Our main focus was on the NYSE exchange and the automotive industry.
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?
Logicalorange (SublimeTraders Team)
In the beginning, logicalorange has had an internship with Lehman brothers. In present have built and further optimize trading algorithms for Wealth Square.
Andreas (safetrading.today)
Did you trade with your own money or with the money of your company where you did trading?
Logicalorange (SublimeTraders Team)
In the beginning, as every trader, we started trading in demo accounts. Then we started investing our own capital and logicalorange has also traded on behalf of Lehman brothers from 2007-2008.
Andreas (safetrading.today)
Please provide contacts (Telegram, Viber, Skype s.o.) of the person who can guarantee you did trading in that company.
Logicalorange (SublimeTraders Team)
Lehman, as you know no longer exists. Wealth Square's management is the same as Sublime Traders.
Andreas (safetrading.today)
How much money did you earn while trading?
Logicalorange (SublimeTraders Team)
We can not disclose this information.
Andreas (safetrading.today)
How long do you trade cryptocurrency?
Logicalorange (SublimeTraders Team)
We started really trading cryptocurrency at the end of 2015.
Andreas (safetrading.today)
Is your company legally registered?
Logicalorange (SublimeTraders Team)
Wealth Square is currently being legally registered and is approved by the AMF (French regulatory institution).
Andreas (safetrading.today)
Do you have your own office? Could you provide its address?
Logicalorange (SublimeTraders Team)
We have a small office in Paris, though in the current pandemic context we are mainly working from our home offices.
Andreas (safetrading.today)
Can you name real people who were the initiators of this project? Would be perfect if you could provide their contacts too.
Logicalorange (SublimeTraders Team)
The main initiators of the Sublime Project are Andrei Stanciulescu(@logicalorangex) and Ovidiu Roman (@oviwan888).
Andreas (safetrading.today)
Which crypto exchange do you use for crypto trading and why?
Logicalorange (SublimeTraders Team)
For the spot markets we use Binance because of the variety and volume. For the futures markets, we are using Bybit, Bitmex, and FTX. Bybit because of the speed of execution and small wicks, Bitmex mainly for the volume and FTX for the unique instruments it proposes. We also use Binance futures for certain pairs.
Andreas (safetrading.today)
How many people are there in your team?
Logicalorange (SublimeTraders Team)
We have 3 people in our team.
Andreas (safetrading.today)
How much time do you use in preparation for trading every day?
Logicalorange (SublimeTraders Team)
We spend around 6-8 hours per day, scanning, validating, and providing signals to our channels.
Andreas (safetrading.today)
How much time do you trade every day?
Logicalorange (SublimeTraders Team)
Depends on the days. Being that we mainly trade with bots on our side, we only supervise the operations.
Andreas (safetrading.today)
How often do you open a deal (1 time/day, 1 time/hour)?
Logicalorange (SublimeTraders Team)
As we are diversified, we open trades in multiple timeframes. For SPOT we use 4h and 1D timeframes, for the FUTURES markets we mostly use 1h.
Andreas (safetrading.today)
Do you trade on your own or use a bot?
Logicalorange (SublimeTraders Team)
As discussed before we mainly use algorithms to trade for us. We sometimes post manual trades if we see fit.
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.
Logicalorange (SublimeTraders Team)
We have a unique approach to trading. We do not trade fundamentals in crypto as we believe they are weak and highly manipulated. We mainly base our trades on quantitative analysis. See this blog posts for more info on our approach: https://sublimetraders.com/cryptocurrency-market-analysis/the-quantitative-approach-of-sublime-trading-signals/
Andreas (safetrading.today)
Is your trading strategy based on technical indicators? If yes - which indicators do you use?
Logicalorange (SublimeTraders Team)
While our trades are mainly based on the quantitative analysis we do use technical analysis to translate our trades for our users. In technicals, we mainly focus on VWAP, SR, Pivots, and Waves.
Andreas (safetrading.today)
Is the preservation of capital or multiplication of it a priority for you?
Logicalorange (SublimeTraders Team)
The preservation first, multiplication after. We need to stay in the game in order to be profitable after.
Andreas (safetrading.today)
What is the win rate percentage of your strategy?
Logicalorange (SublimeTraders Team)
We have multiple strategies, having a single one would be unrealistic given that the markets are never the same. In general, on all our strategies combined we aim for 20% per month.
Andreas (safetrading.today)
Which Risk Reward do you use in trading?
Logicalorange (SublimeTraders Team)
For our signals, our minimum standard is 1,7/1 and our average RR is 3,5/1.
Andreas (safetrading.today)
Can you provide a number of deals made on the cryptocurrency market?
Logicalorange (SublimeTraders Team)
Overall it is very difficult to quantify but we think a few thousand trades.
Andreas (safetrading.today)
With what Buying Power have you started?
Logicalorange (SublimeTraders Team)
We started with $50k.
Andreas (safetrading.today)
What Buying Power do you have now?
Logicalorange (SublimeTraders Team)
We now trade a pool of about 200BTC.
Andreas (safetrading.today)
Do you have an experience of fiduciary management of clients’ capital?
Logicalorange (SublimeTraders Team)
Yes we do, it is part of Wealth Square's activity.
Andreas (safetrading.today)
Please provide contacts of the person who can confirm your experience in fiduciary management of his/her capital?
Logicalorange (SublimeTraders Team)
We can not disclose Wealth Square's clients.
Andreas (safetrading.today)
How much money have you earned with the crypto market?
Logicalorange (SublimeTraders Team)
We can not disclose the amounts but we can say that we got in ETH at $2.
Andreas (safetrading.today)
Name please the cryptocurrency you earned the biggest amount of money with?
Logicalorange (SublimeTraders Team)
BTC and ETH.
Andreas (safetrading.today)
What is your trading result as a percentage of the starting deposit at the moment?
Logicalorange (SublimeTraders Team)
1000%
Andreas (safetrading.today)
Do you follow other crypto traders? If yes - which ones?
Logicalorange (SublimeTraders Team)
We value the insight of Anton Kreil even if he's not a crypto trader he provides valuable information about markets in general.
Andreas (safetrading.today)
Do you use signals of other crypto traders? If yes - which ones? Is it BitMEX, Binance, Bittrex, Bitfinex, or Poloniex?
Logicalorange (SublimeTraders Team)
No.
Andreas (safetrading.today)
Do you use leverage? How often and which one?
Logicalorange (SublimeTraders Team)
We do, it would be a pity not to, given that we know the market pretty well. We go from cross to max X20.
Andreas (safetrading.today)
How risky is your trading?
Logicalorange (SublimeTraders Team)
Our risk appetite is moderate.
Andreas (safetrading.today)
Which risk percentage do you set on every deal?
Logicalorange (SublimeTraders Team)
This is dynamic. No two trades are the same we try to keep it at 2% ACC size.
Andreas (safetrading.today)
What maximum drawdown did you have? How did you get out of it?
Logicalorange (SublimeTraders Team)
We had a -47% month in our beginnings. We got out of it the following months with discipline and trying to correct the risk percentage.
Andreas (safetrading.today)
Do you have a maximum drawdown limit at which you stop trading and no longer work?
Logicalorange (SublimeTraders Team)
We don't. This would mean that we would lose by not respecting all the procedures we put in place over the years.
Andreas (safetrading.today)
Is your risk constant or variable?
Logicalorange (SublimeTraders Team)
It is mainly constant but can be varied a bit considering the market conditions.
Andreas (safetrading.today)
Have you had margin calls?
Logicalorange (SublimeTraders Team)
Yes, whoever says they didn't either didn't trade enough or is hiding that. Margin calls are a reality check for traders and they are a necessary evil.
Andreas (safetrading.today)
Do you think it is possible to gain profit from every deal in crypto trading?
Logicalorange (SublimeTraders Team)
Not every trade is a win, let's make that clear. We have a set of tools that help us predict and analyze the markets that are generally available in investment banks, and even with those, we can be wrong.
Andreas (safetrading.today)
Do you think it is better to risk and earn a lot of money or to risk with small earnings?
Logicalorange (SublimeTraders Team)
We don't believe in extremes, everything has a balance.
Andreas (safetrading.today)
Do you listen to other people’s advice while trading?
Logicalorange (SublimeTraders Team)
Rarely.
Andreas (safetrading.today)
Do you think emotional background has an influence on traders’ results? Please describe such a situation from your own experience.
Logicalorange (SublimeTraders Team)
We do, we strongly believe that trading is a mind game. We have had such experiences in the forex market and we have learned from that.
Andreas (safetrading.today)
Do you have a cryptocurrency market statement certified by a broker?
Logicalorange (SublimeTraders Team)
No, we don't.