Why my performance is different from the group's performance?
The performance result of your trades can differ from the performance result of the signal group you are a member of for several reasons:
- The signal entry: the entry point of the position may differ from the group's entry because it's based on an average of the entry range. Each member's entry will be at a different point within that range.
- Target exits, with market orders, you may get a different and potentially lower price for your target exits compared to the signal group's results.
- If you enable the Trailing Stop (to secure the target climb), you may be stopped out by price fluctuations, but the signal continues to be monitored as long as other members are still in the trade.
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The profit decreases when you don't use BNB to pay the Binance fees due to rounding issues. Some currencies on Binance have specific trade rules that don't accept order amounts with decimal places.
When paying the commission fee in the currency you're trading, you may end up with unsold coins that can't be counted in your profit.
Follow an example: LINK/BTC- If you buy 14 LINK and pay the commission fee with LINK, you will end up with 14 - 0.014 LINKs or 13.98 LINK
- When selling, the LINK rule dictates that decimal places can't be sent, so you can only sell 13 LINK
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In addition to paying the commission fee in BTC you have 0.98 LINK unsold and not counting in your profit.
RESULTS
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7% of your coins couldn't be sold to account for your profit
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In addition, you will pay the commission fee in BTC, with no discounts.
- You didn't enter a signal and it is computed in the group's performance. It may happen that you don't enter the signal due to lack of balance or because of a limit entry order created and canceled later on when target 1 hit.
People who risk more get higher targets but, on the other hand, the loss on other signals can be greater too.
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