How to use a signal
Five minutes, once. Read it before your next trade.
1.What the four numbers mean
- Entry
- The price the setup was measured from. It is a reference level, not an order that was placed for you.
- Stop loss
- The price at which the idea is wrong. This is where you exit to cap the loss.
- Take profit
- The price at which the idea has played out. This is where you exit to take the gain.
- Buy or Sell
- The direction. On a buy the stop sits below the entry and the target above it. On a sell it is the other way round.
The gap from entry to stop loss is your risk. The gap from entry to take profit is your reward. Compare those two distances before you do anything else.
2.The entry price is a reference, not a fill
Signals are generated by a scheduled job that runs on weekdays at 8:00 AM New York time, before the US open. That is the whole schedule β there are no intraday alerts and nothing is pushed to you the moment a price moves. At the moment a signal is written, its entry is anchored to the live market: the generator rejects any stock or crypto signal whose entry has drifted more than 0.5% from the current price, and any forex signal more than 3 pips. That accuracy is true at 8:00 AM and only then.
By the time you open the app the market has moved, and nothing has been bought or sold on your behalf β Signal Whisper is not connected to any broker. So do not chase the entry. Measure instead.
The skip rule
Take the distance from the entry to the stop loss. If the price has already moved more than a third of that distance toward the stop, skip the signal β your risk is now larger and your reward smaller than the trade you were shown. If it has moved more than a third of the way from the entry toward the take profit, skip it too: most of the move has already happened.
Worked example
A buy with entry 100.00, stop loss 96.00, take profit 108.00. Entry to stop is 4.00, so a third is 1.33: at 98.60 or below, skip. Entry to target is 8.00, so a third is 2.67: at 102.70 or above, skip. Between roughly 98.60 and 102.70 the setup still resembles what was published. Outside that band it does not.
Skipping costs you nothing. There is another batch tomorrow morning.
3.Sizing the position is your decision
Every signal is booked internally at a fixed $1,000 notional β the position size is simply $1,000 divided by the entry price. That is a bookkeeping convention so a Bitcoin signal and a four-dollar altcoin signal can be compared in the same table. It is not a recommendation of how much to trade, and any dollar profit or loss you see on a signal is on that $1,000 basis, not yours.
Your size should come from what you are willing to lose. One common approach: decide the most you would accept losing on a single trade, then divide it by the distance from entry to stop loss. On a $5,000 account risking 1%, that is $50 to lose; with an entry of 100.00 and a stop at 96.00 the distance is $4.00 per unit, so $50 divided by $4.00 is 12 units. Pick your own numbers β but pick them before you enter.
4.Managing the trade is yours to do
We publish the levels. We do not touch your broker: Signal Whisper has no broker connection and cannot place, move, or close an order for you. Everything below is ordinary risk management that you apply yourself, in your own platform.
- Set the stop when you enter
- Not later. A stop you intend to add if it goes against you is not a stop.
- Breakeven
- Moving your stop up to your actual entry price, so the trade can no longer lose. Traders commonly do this once the trade has moved in their favour by about as much as they were risking β roughly half way to the target. Move it earlier and normal noise will stop you out of trades that would have worked.
- Trailing
- Moving the stop along behind the price as the trade goes your way β by a fixed distance, or under each higher low β so that a reversal still leaves you with part of the gain. The trade-off is that you always exit somewhat below the peak.
- Decide the rules before you enter
- Where the stop goes, what moves it, and what would make you exit early. Deciding any of that while watching a live profit and loss is where most of the damage happens.
None of this happens automatically. If you want your stop at breakeven, you have to move it yourself.
5.What the track record does and does not tell you
Each signal is graded against market data after the fact: the price has to actually trade through the entry level, and the outcome is recorded when the take profit or the stop loss is reached. It is a record of what a set of published levels did. It is historical and measured β it is not a forecast, and it is not a promise about your account.
Your result can differ from it while both are correct. That is normal, not a contradiction:
- The record uses the reference entry price. You got a different fill, at a different time, possibly on a different day.
- The record uses the fixed house position size. You used your own.
- The record exits at the published stop loss and take profit. Real exits carry spread, slippage, fees, and gaps straight through the level.
- You choose which signals to take and which to skip. The record contains all of them, winners and losers alike.
If a published set of levels reached its target and your own trade still lost, the most likely explanation is one of the four above β not that one of the two records is false.