Frequently asked questions
What advantages does MarketSpy offer over other indicators?
MarketSpy TradingSuite is not an indicator but a complete trading system. It has a set of replicable rules that dictate optimal entries, exits, stop losses, risk and position management. Indicators simply supply you with a buy/sell signals and you're left on your own from there. MarketSpy does more than that - it clearly defines how one should execute their trades. There are a total of 6 strategies that come with MarketSpy and each is responsible for different types of traders: Momentum scalper, Intraday Swing trader, Breakout trader, Trend follower and more. It's a complete experience for both the inexperienced and the more advanced traders that are looking to learn a new method and replace or enhance their current trading style with something fresh and functional.
Do I need to be good at trading before using MarketSpy?
Experience definitely helps but is not required. If you're just starting out, then MarketSpy may very well end up being your first and last system you'll ever need. It will easily outperform most other solutions available to traders commercially today. The strategies are its strongest suit and you'll be able to learn them within the first few days of trading.
How fast can I make back what I pay for this system?
We've had one trader who made his first trade right after purchasing MarketSpy with a balance of about ~$650 and was up to $4000 in the first three months, with proper risk management and by following the rules. Another was able to fully recover their negative portfolio in under two months. These reports are found in our Discord community forum where traders share their trades. In the end it will of course depend on your risk appetite/frequency of response to MarketSpy signals as well as the size your working capital. It is expected that you should at least quintuple your account in the first year of trading using the strategies with moderate leverage of up to 5x applied per trade. Starting slow is essential as your confidence grows in the first few weeks with MarketSpy.
Do you have a community I can be a part of?
Yes. MarketSpy traders have access to exclusive forums in our discord where they can happily interact with other members and share their trade ideas. There's even a channel called #trade-review where you can ask for a second opinion before acting on your trade. This is better than all of TradingView price prediction channels combined. The noise is minimal and the added value of having access to such a great community of spies is nice
Can MarketSpy be used for scalping?
MarketSpy is scalper's paradise. The strategy called MarketEnemy type-2 or Jackrabbit is possibly the fastest way to make money. Scalping is the most difficult style of trading and requires precision with entries, exits and stop losses. Together with BybitPro personal trade assistant, scalping is finaly easy, enjoyable and profitable.
Is it only for Bitcoin trading?
Our discord community, called Cryptopocalypse Now is narrowly focused on trading bitcoin derivatives with leverage. We are not covering other markets...yet. However we have successful forex and stock traders that use MarketSpy to understand market mood and use this information to make better trade decisions. Every market is different and requires a different approach. Focusing just on Bitcoin only can teach you so much more about trading in general. But go ahead and use MarketSpy with your market of choice - you'll still achieve the same win rate as with bitcoin leverage trading!