FAQ
How do I access Nordicator trading signals?
In order to access Nordicator trading signals you will have to subscribe to our trading signal distribution services by registering and making a monthly payment.
How will I receive these trading signals?
After you’ve registered on our website and made the payment, we will add your Telegram account, to which you will receive notifications about trade opportunities. Upon receiving the signal, you will be presented with a link to a more detailed view of the trade setup. The detailed view will allow you to place orders at the desired price, so you do not miss out on a market move.
Can the Nordicator signals be traded automatically?
Currently, we only offer display of trading signals. Meaning you will have to execute the trades yourselves by using one of your trading brokers.
What payment options does Nordicator have?
We are advocates of cryptocurrencies and use their benefits. The payments can be made in (list is subject to change):
Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Dash (DASH), ZCash (ZEC)
What is a LONG/SHORT position?
A LONG position refers to buying the underlying asset of a financial instrument. For example, if you long Bitcoin at an exchange, it means you are purchasing bitcoin in hopes, that it will rise in value.
A SHORT, fundamentally, means to sell the security at a lower price than it currently holds. Plainly speaking, this means to bet on the devaluation of an asset. For example, if you short bitcoin on an exchange, you will gain profit, if bitcoin loses value.
A SHORT, fundamentally, means to sell the security at a lower price than it currently holds. Plainly speaking, this means to bet on the devaluation of an asset. For example, if you short bitcoin on an exchange, you will gain profit, if bitcoin loses value.
What is leverage?
Leveraging position, basically, means to increase exposure of your position by borrowing money. Most of the exchanges that have leveraged products will allow you to borrow their money in order to increase the potential of profit/loss for your trade. If, for example, you have 1000 USD, that you’ve used to purchase ether and are currently in a long position, a 10% upward movement will result in 100 USD profit for you. However, if you use leverage of x5 and long ether, using the same 1000 USD, means you will have 5000 USD exposure in the trade. So, using this scenario, a 10% increase of ether value would result in 500 USD profit.
It is very important to mention, that this can also affect the losses. Using over-leveraged positions is one of the main culprits of retail traders - as the trade may go wrong and the leverage you use will also increase the losses. By using the abovementioned example, if ether goes down by 10%, and you have a long position on ether, using x5 leverage, you will lose half of your portfolio.
It is very important to mention, that this can also affect the losses. Using over-leveraged positions is one of the main culprits of retail traders - as the trade may go wrong and the leverage you use will also increase the losses. By using the abovementioned example, if ether goes down by 10%, and you have a long position on ether, using x5 leverage, you will lose half of your portfolio.
What does peak profit mean?
Peak profit means the highest point of profit for a particular trade. Each trader has own risk/reward plan, and the market signals show the possible entry point. We, ourselves, employ a strategy that involves multiple Take Profit (TP) and Stop Loss (SL) points. That's how we manage the risk. If, for example, a trade on our dashboard shows a profit of 35%, it does not necessarily mean that we exited at that point. Moreover, if we choose to hold the trade longer, for example, until a reversal market signal, we actually may lose money on a possibly profitable trade. Trade by employing your own risk management strategies.