safetrading.today: How long do you trade in general?
VIP Margin Signals: I've been trading for nearly 6 years now.
safetrading.today: What was your financial market before you started to trade cryptocurrency (USA, Europe, Russia, New York, Forex)?
VIP Margin Signals: I started trading Crypto early 2017 and prior to that Forex and commodities (Gold,Siver, Oil, Copper).
safetrading.today: Do you work/Did you work in other trading companies? If yes - in which ones? Is it a public or private company?
VIP Margin Signals: Never worked for another company. I may someday, but the best thing about trading for a living is living on your own terms.
safetrading.today: Did you trade with your own money or with money of your company where you did trading?
VIP Margin Signals: I traded my own money and was fortunate enough to have other investments that helped me build my trading account quite fast.
safetrading.today: Please provide contacts (Telegram, Viber, Skype s.o.) of the person who can guarantee you did trading in that company.
VIP Margin Signals: Never traded with or for another company.
safetrading.today: How much money did you earn while trading?
VIP Margin Signals: At the start - Not much haha.... Now, Im pretty happy with the income but Im pushing to get to the next level for sure... Its a learning curve and takes time to become consistent. Once consistent, then its a matter of finding ways to boost that trading account.
safetrading.today: How long do you trade cryptocurrency?
VIP Margin Signals: Since about March 2017.
safetrading.today: Is your company legally registered?
VIP Margin Signals: Yes, we are Australian and registered here.
safetrading.today: Do you have your own office? Could you provide its address?
VIP Margin Signals: I work from my home mainly or laptop if Im travelling. Theres no need for me to have office space and trading can be done anywhere with an internet connection... What a life....
safetrading.today: Can you name real people who were the initiators of this projects? Would be perfect if you could provide their contacts too.
VIP Margin Signals: Margin Signals was founded by myself and Capfive. We now have an addition 5 members on our team. Im not sure if they want their real names disclosed but we can easily be contacted on Telegram @robbosmarginsignals and @capfivemarginsignals
safetrading.today: Which crypto exchange do you use for crypto trading and why?
VIP Margin Signals: Bitmex for Leverage trading and Binance for ALT coins.
safetrading.today: How many people are there in your team?
VIP Margin Signals: 7 in total.
safetrading.today: How much time do you use on preparation for trading every day?
VIP Margin Signals: Going through all my pairs and narrowing down to a watchlist and possible trades for the day - between 1hr to 90 minutes.
safetrading.today: How much time do you trade every day?
VIP Margin Signals: Depends on if I have many pairs on watch or current running trades. Prep time 90 mins max. Then Ill spend an hr managing any current running trades. Then a few times a day Ill scan my watchlist to see if anything has developed. It would be rare that I trade anymore than 4-5 hours a day.
safetrading.today: How often do you open a deal (1 time/day, 1 time/hour)?
VIP Margin Signals: I'm a swing trader, so I focus on higher timeframes but execute off a 1 hr chart. Ill have on average of 20 trades a month across both Crypto and Forex, this can vary a lot depending on market conditions.
safetrading.today: Do you trade on your own or use a bot?
VIP Margin Signals: I trade on my own. We do have an Auto Trader that copies my trades for members accounts. At this stage no bot, but maybe in the future.
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.
VIP Margin Signals: Mainly Technical Analysis, but its very important to understand correlations in the market. ie, BTC and ETH are moving very similar currently, often XRP will move opposite to BTC and sometimes LTC moves first, giving clues to BTC's next move. With ALT coins, Fundamentals are needed so I'm always on the lookout for announcements, forks, partnerships, rebrands, Justin Sun Shills, Media FUD etc... But I predominantly stick to technicals.
safetrading.today: Is your trading strategy based on technical indicators? If yes - which indicators do you use?
VIP Margin Signals: For me Price action and multiple timeframe analysis is key. Indicators are always lagging so they are just some icing on the cake, I dont base trade entries off them solely. But in saying that I use 200, 50 and 20 emas, Stotch RSI and MacD. Combine that with Fibonnacci, horizontal levels and trends, thats about as complex as I get.
safetrading.today: Is the preservation of capital or multiplication of it a priority for you?
VIP Margin Signals: Preservation is absolute Number 1. There will always be more trades to take, but if your capital is gone, your done....
safetrading.today: What is the win rate percentage of your strategy?
VIP Margin Signals: Mid 60%
safetrading.today: Which Risk Reward do you use in trading?
VIP Margin Signals: 1:3 is the sweet spot. 1:2 Ill still trade though.
safetrading.today: Can you provide an amount of deals made on cryptocurrency market?
VIP Margin Signals: Wow.. umm Trades? many hundreds, probably thousands. Mid term/holds maybe 50.
safetrading.today: With what Buying Power have you started?
VIP Margin Signals: I started off slow in crypto to test the waters, so only a few thousand. Then scaled up quite fast to a large amount.
safetrading.today: What Buying Power do you have now?
VIP Margin Signals: haha not telling!!! But I cant market buy a lot of ALTs without causing issues.
safetrading.today: Do you have an experience of fiduciary management of clients’ capital?
VIP Margin Signals: Only managed a few large personal whale accounts, but nothing for firms or businesses. It is something that will be on our radar in the mid term.
safetrading.today: Please provide contacts of the person who can confirm your experience in fiduciary management of his/her capital?
VIP Margin Signals: Probably not in a public interview without permission, but Im open to inquiries and giving details.
safetrading.today: How much money have you earned with crypto market?
VIP Margin Signals: Much more than I have lost.. Ive live off my crypto proceeds and it has also changed my life forever... And its only warming up.
safetrading.today: Name please the cryptocurrency you earned the biggest amount of money with?
VIP Margin Signals: A Shitcoin called ZCL. I bought in before the announcement that it would be forked to Bitcoin Private. I bought in at $23 and sold around the $300 area, maybe $290's approx 1200% gain.
safetrading.today: What is your trading result as a percentage of the starting deposit at the moment?
VIP Margin Signals: I track all results, so Ill forward you our total accumulation and results since Margin Signals started. Currently we average 20% account growth per month since we started.
safetrading.today: Do you follow other crypto traders? If yes - which ones?
VIP Margin Signals: Not so much anymore, when I did I found they clouded my own judgement and my results suffered. Im an established trader and can back myself to trade profitably long term. Im always looking to learn more or tweak my trading style of course but thats done in other areas. There are a few traders out there that I respect and get great results though.
safetrading.today: Do you use signals of other crypto traders? If yes - which ones? Is it BitMEX, Binance, Bittrex, Bitfinex or Poloniex?
VIP Margin Signals: No.
safetrading.today: Do you use leverage? How often and which one?
VIP Margin Signals: Yes, leverage on Bitmex. Very rarely anymore that 10x on the alts. ETH we may go as high as15-20x BTC not often lower than 10x but up to 30x.
safetrading.today: How risky is your trading?
VIP Margin Signals: As a swing trader my risk is naturally lower. People seem to think that more profit is made with more trades. I find that more trades mean more room for error. Ive consistently achieved the same or better results than scalpers with 3 trades a month compared to their 100. Its all about risk:reward for me. I have members often frustrated that we can go a few days or week without a trade. Once we hit a winner though, they tend to understand quickly haha.
safetrading.today: Which risk percentage do you set on every deal?
VIP Margin Signals: I recommend to members. 10% of portfolio in Bitmex, then each trade is 10% of the account balance. Therefore risk is 1% per trade.
safetrading.today: What maximum drawdown did you have? How did you get out of it?
VIP Margin Signals: 40%. We held some trades through a Bitmex Maintenance, stops didnt trigger and they got liquidated by double our risk on the trade. So whilst not a trading drawdown so much, there were external factors that damaged accounts. Luckily the following 2 months were amazing and recovered them in full.. Other than this Bitmex issue, the biggest drawdown was about 20%. Its part of trading, two steps forward - 1 step back. Trading needs to be looked over a 3-12 month period, its pretty easy to get bogged down with 3 losing trades in a row.
safetrading.today: Do you have a maximum drawdown limit at which you stop trading and no longer work?
VIP Margin Signals: If you are always trading 1% its mathmatically impossible to blow an account. If you have the long term results and consistency, you just need to double check your emotions, back test your trades and keep hitting the trades with 1% risk.
safetrading.today: Is your risk constant or variable?
VIP Margin Signals: Always 1% (10% of account balance).
safetrading.today: Have you had margin calls?
VIP Margin Signals: No.
safetrading.today: Do you think it is possible to gain profit from every deal in crypto trading?
VIP Margin Signals: No. There will always be losing trades. Great, wealthy, high end traders still lose 30% of their trades. its how they manage the downside and what the rewards are on the winners. Anyone claiming 90% strike rate is full of shit. 9 x $10 winning trades and 1 x $130 losing trade is still 90% right???? still a loser though as risk reward is out of whack.
safetrading.today: Do you think it is better to risk and earn a lot of money or to risk with small earnings?
VIP Margin Signals: Start small but still have money on the table, learn the emotions of losing money and compound the trade sizes as your account grows. Its painfully slow to start, but when the compounding kicks in, shit gets real - and fast.... Compounding 1% trade sizes helps the emotions and keeps you focused. Dont risk anything that keeps you up at night.
safetrading.today: Do you listen for other people’s advice while trading?
VIP Margin Signals: While trading? Not really. Im constantly trying to improve with back testing and study, so I do watch various webinars, you tube on certain subject that help....
safetrading.today: Do you think emotional background has an influence of traders’ results? Please describe such a situation from your own experience.
VIP Margin Signals: Absolutely 100%. The most important part of trading. Start of this year my results were poor for a couple months, when I went back over my trades I had actually lowered my leverages and widened my stoploss without knowing. This is a fear of taking a loss, I sorted this out and my trading is great again, but took me some time to dissect it. Emotions are 90% of trading. Learning technical analysis isnt that hard. sticking to a trade plan no matter what is very hard.
safetrading.today: Do you have a cryptocurrency market statement certified by a broker?
VIP Margin Signals: A trading account statement? As of last month we show all our members an official trading account along with a results spreadsheet to prove our trades arent fudged.