Im not a good trader and I know exactly why.

I feel every tick. I chase the move that already happend, and I close the position the moment it goes against me. That is how I am made and I can not fix it, but in trading this is expensive. Psycology decides much more than analysis, and mine was working against me. So I admitted the thing that took me long time to admit: I should not be the one who make the calls. Better to follow people who are good at this.

So in 3 years I lost more than 10K USD doing exactly that.

One channel gave me more lessons than all the others together. It called trades for 10-20% of the dep per entry. Now I know this is the tell, then I didnt. I was running a test deposit of 3K. After 5 trades I am up like a thousand and feeling clever. Then one position go the wrong way and the account was liquidated.

I wrote to the owner. He was totaly relaxed about it: dont worry, just top it up with another 3K and we will make it back. I told him he is running a scam and left. What stayed with me is how calm he was. He said this before, many times. My blown account was a normal Tuesday for him.

And this is where the economics become obvious. A channel like this dont need winning trades, it needs a queue of new subscribers. You call enough trades, some of them land, and those ones go to the marketing, plus 30% cut of what you made. Very often the owner trades his own 100USD account, so his losses cost him nothing. The statistics are invented. The reviews are bought. Fake reviews is the main problem of this industry, and I wrote about how the money actually flows and the red flags I wish I knew in more details since then.

But I want to be careful here. The easy version of this story is that everybody who sell signals is a thief, and that is not the true. Some channels made me money. Some of these people are honest, disciplined and better at this than I will ever be. Their problem is they are standing in a market so full of fabricated track records that nobody can tell them from the fraud. A place that measures everyone the same way should help them first of all.

So I built one. It does 3 things and all of them are things I needed and could not find anywhere.

1) It measures channels instead of quoting them. We take the signals a channel published and replay them on real historical candles, so the track record you see is the one we computed, not the one they claim. The methodology is published in full, with what we exclude and why, and what we found when we run it over the whole catalogue is a public number, not a sales page.

2) It lets you test your own strategy before it cost you anything. The same signals give completely different result depending which ones you take, how you size them and where you exit. That is why two people follow one channel and first one is in profit and second one is liquidated. Our backtests run your rules over the real history of the channel, on a screen instead of your account.

3) It keeps the history that exchanges quietly drop. Copy traders reset. A page with the last 30 days can hide an account that was wiped out twice this year, and this is exactly what you needed to know. We keep the long view, so the blow up cycles are visible and not edited out.

One more thing I added later, and it is the part I am most happy about. When we write down what a channel posted, we take the exact text and hash it, and once a day all of them go into the blockchain, Arbitrum. I know how this sounds, every second project in crypto puts blockchain in the title and means nothing by it. For me it means one thing only: from that day I can not edit a signal to make some channel look better, and I can not quietly delete one to make it look worse. Not the channel, not me, not somebody who pays us. If you dont trust me, and in this industry you should not trust anybody by default, then dont — check it yourself, on the chain, without asking me anything.

There are things I will not promise you. I can not tell which channel will be profitable next month. Nothing here is a financial advice and a good score is not a guarantee. What I can promise: the numbers here are measured and not reported, we publish them also when they are ugly, and when we are wrong we correct it in public and say it.

I built this because I payed money for the lessons that should be visible from outside. If it saves you one mistake from my list, it did its job. And maybe your discipline is so strong that you can follow any channel and still take profit, then use the site just to find out which one.

— Dmitri, founder of ChainRated
Questions, corrections, or a channel you think we have measured wrong: get in touch.