🤯 How misleading & detrimental it can be to follow Smart Money without verified proof of their trading profitability.

By Candlestick | Candlestick | 1 Nov 2023


 

Please! Do not blindly follow the so-called 'Smart Money' in the market!🧑‍🦯

Showcases how misleading & detrimental it can be to follow Smart Money without verified proof of their trading profitability.

 

The address 0x4de6c375a3, yourmomwashere.eth, is labeled as a 'Smart Trader' on the 'Spot ** chain' platform, alerting a trade of buying $PENDLE.

Image

 

HOWEVER!
This trader’s profitability is consistently at a loss, regardless of the timeframe—be it 1M, 3M, 6M, or a year.

 

TraderScan analyzes the profitability metrics: RoI, PnL, Win Rate, etc., across all tokens and makes it accessible and transparent to users.

Image

 

Last 3M, yourmomwashere.eth:

- Only won in 5 out of 80 tokens traded

- Endured a loss of more than half of the initial investment

Just imagine if you follow him.......

 

With TraderScan, uncovering any address's profitability metrics, across all tokens, is made possible.
The decision-making power is in your hands.👇

https://www.candlestick.io/traderscan/trading-performance/

 

How do you rate this article?

40


Candlestick
Candlestick

Crypto Trading Signals & Analytics for Alpha Traders 20+ Exclusive Actionable Signals, 60+ Charts & Metrics, 20+ Smart Money Charting, 99% of Trades & Liquidity Activities.


Candlestick
Candlestick

Crypto Trading Signals & Predictions for Alpha Traders 20+ Exclusive Actionable Signals, 60+ Charts & Metrics, 40+ Smart Money Charts, 99% of Trades & Liquidity Activities.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.