🛠️How to use the Prediction Dashboard
This will become a collection of important sources for the trading with our Prediction Dashboard. If you don't read it, you will fail.
Introduction
Trading isn’t easy. The financial markets don’t create money, they transfer money. They transfer money from losers to winners. With the help of Crypticorn’s AI you can greatly improve your results.
The price, trend, etc. predictions are the most advanced and real AI based indicators out there. An SMA, or an EMA are calculated on the past and are very simple. Our AI is based on more than 50 technical indicators, chart patterns, support and resistance, economic news (job numbers, inflation numbers, etc.), google trends, and many more sources. All these sources lead to our AI’s predictions for prices including the probability areas.
This tool will help every trader to become more profitable and to make and monitor trades much easier and quicker.
Trading General
Don’t get fooled by shitfluencers and scammers. The profits shown on social media are 99.99% faked and not true to lure you into some not working signal groups (even tho posting 95%+ win rates), super expensive trading masterclasses (the information for these is freely available on Youtube, books and blogs lol), or some totally overfitted trading indicators or bots.
There are many ways to make trading work. The two most important things you need to understand are:
Win rate (percentage of winning trades from all trades done)
Reward Ratio (the relationship between the risk and the reward, or the stop loss and your take profit)
Did you know that you can be a successful trader with a win rate of less than 30%? No, well the maths behind it is easy. I think you can figure this out yourself, but let’s move on how to use these two metrics for trading the dashboard.
First, even with a win rate of 50% you can be long-term profitable. The key is the right risk-reward-ratio (RR). Try to have a RR of bigger than 1:1.2. This would mean:
Stop loss of -1%
Take profit of +1.2%
If you only win 50% of your trades, you will make a 0.2% of profit every two trades. Now, all you need to do is to do as many trades as possible to make the most return. So, try to aim for bigger RR. Personally, I use an RR of 1:1.35 and bigger.
How much should you put into a trade? Well, the rule of thumb says don’t use more than 1 to 5% of your total funds per trade.
We are going to extend this short introduction very soon with more blog posts and examples!
Important Notice
We already stated the reality of financial markets, where the losers pay the winners. If you don’t have time all day to trade or monitor your trade, you might be better of with our automated trading bots.
For you to win, others must lose. And the more time you spend on learning to trade the more likely you’ll win.
It’s the same with sports. You can’t expect to be a very good player and beat 80% of the others after one weekend of training and trying. This is clearly not possible. But still people think that in trading, the hardest tournament, it’s easily possible to do so.
Don’t worry, our experienced team will take care of that with our superior fully automated AI trading bots.
Members Results
Many of our members are already very profitable with the usage of our AI. In the videos below I am explaining how I use it. This worked very well for me, and I achieved a win rate of about 86% and an PnL ratio of 1.7 over 90 days (77 days trading).
As it works for me, it doesn’t mean it works for you. You’ll have to try it yourself, with your existing trading knowledge and see if it fits into your trading. You’ll need some time to figure out how to use this superior and never seen before real AI indicator.
Dashboard Explanation
First of all, here is the an explanation on how to use the Prediction Dashboard in ENG and GER.
FAQ
WIP - asking our current members for questions
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