Sunday, January 21, 2018

Do you trade to win or not to lose?



Hi traders!

We've just had another good week trading ES, no matter what happens we know we have to do what is right and not what makes us "feel more comfortable", it's the only way to be successful in trading.

Many traders know exactly what to do, where to jump in and out, what position size to use, how to make a good risk management using the correct STOP order size, not too big nor too small, and also have a well funded account but they still fail to succeed in this business! Why's that?

Instead of trading to win they might be trading not to lose!

If a trader does not have the right mindset to trade, he will end up making some small little mistakes that will keep him apart from being successful, a small detail will prevent them from making money.

They take trades only to give up after it runs a couple of ticks, taking profits too early, letting emotion get in the way of what would have been a real good trade. Or getting out of the trade with a few ticks of loss not giving enough room for market to breath, they get out of a good trade even when their STOP LOSS orders have not been hit, and that's what will make them lose money, because they give up on trades that would be profitable in spite of knowing that for every 10, 20, 50 trades they take there will be a certain number of losers but the great majority, provided they have a proven trading methodology,  will work as expected giving them profits that quickly add up towards a winning week and month.

On the other hand if a trader is not disciplined enough to pull the trigger when the setups that matches his criteria are in play, frustration will make him lose more and more as he will end up taking "revenge trades" outside his initial plan trying to quickly recover from a loss or missed good trade making him lose even more money and making it each time more and more difficult to meet his goals.

The only way to be successful in our business is to have an edge, a system that will allow you to take setups that clearly meet a certain criteria and that will put statistics in your favor, like the casinos do, and from every 10, 20, 50 trades you know most of the trades will work as expected but some of them will fail and there is nothing wrong with that.

Don't trade another single day without having clear rules to follow, rules that you know will help you go from point "A" to point "B" in the least amount of time, in the beginning it might be painful to be 100% disciplined, you will need to break the initial barriers that are holding you, those are the hardest to break, you will have to crawl before you can start walking, and finally in the near future, after breaking that wall, you'll be able to run!

I have years of stats from our system results and I know it highly pays off week in, week out, those who are able to follow the rules at least 80% of the time, yes even those who are not able to religiously follow the rules 100% of the time will still be able to consistently grab profits, but those who aren't, are sure to be on the side of the great majority of traders, the 90% of losers in the markets.

Trust me, market will reward big time those who no matter what do the right thing day in, day out, taking money from those who have no patience and discipline and giving it all to the disciplined traders.

So use a trading system you know works, if you don't have one there are several of them available on the Internet, mine is just one of them, a really good and simple to follow trading system, the Diamond Setups, I've been using it for more than 8 years now and I assure you it works like clockwork, allowing you to have a free state of mind focusing on the good execution of your trades only.

To Learn more, click the link ==> Diamond Setups


Insanity Is Doing the Same Thing Over and Over Again and Expecting Different Results - Albert Einstein (?)










Saturday, January 13, 2018

Generous Market, Stingy Market - Challenge Update



It feels so good when almost everything we do works as expected and we get highly rewarded for doing the right thing. Stage 2 target of Challenge #13 has been achieved at US$ 15,000+, from its beginning at US$ 10,000 on December the 11th, more than 50% profit in a little more than a month, one day more to be exact. Now on to the next target at US$ 20,000, we'll increase the size we trade to 4 lots on ES.

When we follow a set of rules with discipline, market pays off big-time, every time.

In my experience in the trading room I run from 9 AM to 4 PM EST daily for more than 7 years, I've learned that most traders when they start trading think they must win everyday to be successful in this business, if when they start they're not lucky enough to begin when market is being generous, they will quickly give up thinking trading is not for them, or that there's a conspiracy against them to make them lose, while those who are lucky to start when market's distributing money will stick around much longer.

As traders we need to bear (not sure I should use this word, so out nowadays) in mind being successful in trading is not about a single trade, day, week or even month, it's the long run that counts, from every 10, 20, 50, 100 trades we take using our trading system we can expect a win ratio of 70%+ in average, that does not mean it will give us 70% of winners the whole time, it varies according to market generosity, market's behavior changes, having tremendous generous X some stingy periods, we may expect a wave line more or less like below along a trading month/quarter:

We will have really "easy" periods (like this past week for instance) when almost every trade we take will work, giving us a 90 or even 100% win ratio, that's the time when we make the big money, those wins will cover any small losses we might have had in the past days and much more in profits.

We have to be ready for those periods when market gets stingy, experience enables us to see early what is happening and we will play more defense than attack, being more selective and waiting for the high odds setups only until we see we can start being more aggressive again as the weather clears up allowing us to move faster onward and upward.

If you don't trade with a system and you're not sure you will consistently make money in the weeks ahead, join us, learn a simple trading methodology so that you'll be able to trade with the necessary confidence in order to be successful, click the link below to learn more:

Diamond Setups trading system: www.diamondsetups.com

Learn to trade with a free state of mind, a visual trading system, pattern recognition, you see it, you trade it.

“What has happened in the past will happen again, and again, and again. This is because human nature does not change, and it is human emotion, solidly built into human nature, that always gets in the way of human intelligence. Of this I am sure.” - Jesse Livermore


That's the reason why our system has been working like clockwork for the last 7+ years.

Saturday, December 30, 2017

Challenge #13 update: 1st target met at US$ 12,000



In just 3 weeks we met our first target from US$ 10,000 to US$ 12,000, a 20% profit using simple techniques that anyone can follow and become consistently profitable.

On to the 2nd target at US$ 15,000, trading 3 lots now. The only instrument we trade for the challenge is the ES (S&P 500 e-minis)

Trading isn't about predicting what happens next, it's about having a system with an edge.

After a hiatus of 1 year I will start teaching my methodology again in 2018.

The Diamond Setups trading system consists of 10 setups that yield 70%+ of winning trades in any instrument you decide to trade: futures, stocks, options, forex, cryptocurrencies, you name it.

The methodology is a set of rules that if you follow with discipline you will without any doubt make money consistently, when you learn our trading system you will be able to spot correctly the "key levels" where market may turn, making you able to trade what you see, leaving no room for guesswork, allowing your mind to be in a free state, a must in our business.

I'll show you exactly how I do to find the levels we use in our trading room to consistently make money trading the ES, 1 to 1 in around 6 hours of classes at your convenience, after that time you will be able to join our group where I continuously show the trades while they happen in real time, where you can ask any questions about trading and our system.

What you can expect after you sign up to learn our methodology:

- Know exactly when and at what price to enter the market and the target for that trade
- Choose a trading style that best fits your personality: scalping, day or swing trading
- Know how to control risk according to your account size
- Never allow a big loss to happen by using STOP LOSS orders
- When to just watch the market waiting for a high odds setup
- How to increase the size you trade when reaching set targets

And many other small tricks I've learned in my 20 year journey in the markets, for a very honest fee: only US$ 575.00

When you sign up you also get:

- 1 to 1 trading of at least 6 hours at your convenience
- Flexible times for you to learn our methodology
- 30 days of free trading room access after you finish the 6 hour training
- Access to the Diamond Setups group where I show examples of trades on a daily basis in real time
- One year of access by email or messaging for you to ask me any questions on trading

Learn how to trade from someone who has been there, done that and loves to teach, many traders have done it and are really happy that they chose our trading system, take advantage of my 20,000+ screen time experience.

Learn more, click here ==> Diamond Setups


When the student is readythe teacher will appear



Saturday, December 9, 2017

New Challenge starts on Monday, December, the 11th



YES! We've made it one more time, from US$ 10,000 to 20,000 in less than 3 months, that was real quick, it was not easy as we had some losing streaks along the way, but it's all part of the trading game, after years of experience trading we know every 3 to 4 months we will have a losing streak, meaning we're ready to be stopped out, 3, 4, 5 even 6 or 7 times in a row without any problem, we're traders and we never give up, so we went through it survived with small losses and finally recovered and achieved our 100% profit target.

On Monday, 12/11/2017 we start a brand new challenge (#13), as usual, we start with a US$ 10,000 account trading live in our trading room with 2 lots, our 1st target is the 20% mark at US$ 12,000, that means we need to make 20 points trading ES (E-mini S&P 500 future).

If you want to join us you can sign up in our website (click on the link below) I charge US$ 99.00/month (non-recurring) and you can have an accurate guide for trading ES according to your own style, I make calls for: scalping, day, swing and overnight trading, all for just a small monthly fee, I'm really proud to be able to offer a high quality service giving traders accurate entry and exit levels day in, day out.

Click here to join our trading room and trade live with us ==> Diamond Setups - Trading room

Of course, if you've been trading for some time you know in trading we also lose money, don't think all the calls I make will work as expected, that's part of trading, but you can rely on a 70+% win ratio, week in, week out.

Best of luck!

Saturday, November 11, 2017

Challenge #12 update: 2nd Stage finally done.


After almost 2 months from the start of Challenge #12 we finally achieved our 50% profit target from US$ 10,000 to US$ 15,000, now, from Monday we're ready to start the 3rd Stage trading 4 lots with our next and final target at US$ 20,000, only 25 points away from it, we're confident we'll be able to make it again.

Discipline is a must in our business, those who are not able to follow rules under pressure will fail to achieve success in anything they decide to do, mainly in trading.

Fear and greed are the big enemies within ourselves that every trader needs to fight, we can do that by having a clear business plan on what to do in each different situation we face in the pursuit of our dream of trading for a living, each situation requires action, for every target achieved, for every setback, we need to make sure we follow that plan no matter how hard it may seem in the beginning, the first stage of a trading account is really sensitive.

When you decide to be successful as a trader the first thing you need to accept is that you will not win on every trade that you take, you WILL be stopped out sometimes, what matters is not just one or two trades but a sequence of trades: 20, 30, 50, 100 trades, after taking those sequences of trades you will get the stats in your favor provided you have applied the rules of a winning trading system.

There are several trading systems available online, ours is one of them.

The Diamond Setups trading system will give you a win ratio of 70+%, no matter whether you decide to scalp, day or swing trade, the outcome will be around that number week in, week out, some weeks above it, some below depending on the opportunities the market will give us during a trading week.

If you do not have a trading system that wins consistently then join us, in our trading room you will get from 2 to 5 trades a day (depending on volatility) and you will see my comments live the whole trading day showing what the market is doing, which are the important levels we're watching and making calls for the exact entry and exit levels BEFORE the trade takes place by playing a "whistle" to give you a heads up about a new trade.

Click here to learn more ==> Diamond Setups - The only edge you need when trading ES.

"The best is yet to come."

Sunday, October 15, 2017

ES Trading: The power of just one point a day


On the last 3 years I've decided to trade only one instrument, ES - Emini S&P 500 futures, I've become a specialist in it, there are many ways a trader can choose to trade it, one of them would be to scalp only 1 point a day, that trade could be at the open and he'd be done for the rest of the day after a less than one minute in it, perfect for those traders who still have a job when they start to trade.

On some days of course, that trade would be stopped out at -2 points and the trader would have to try again 3 times until he gets his one point, but, by experience, that will rarely happen, it will usually give +1 before going to -2, provided the trader has an edge that he knows is a high odds setup.

So, let's see how far a trader could go in just a couple of months starting with only US$ 5,000.

He will have to set targets that when reached he will double the size he trades, he will start trading with a single lot, see below how that might work:

1st target at US$ 7,000, each point on ES is worth US$ 50.00, so to reach his 1st target he will need to make 40 points (40 trades), that would take him 40 trading days or 2 months.

Why would his initial target be a US$ 2,000 profit? Because by doing that when he doubles the size he trades he would have to be stopped out 10 times in a row to give all his profits back, and that would be really difficult to happen if he is trading with an edge, a system that would allow him to achieve his targets with consistency.

So now he'd be trading 2 lots...

In order to double the size once again he'd need to achieve US$ 11,000 this time, so that would he'd have a US$ 4,000 profit allowing him to lose 10 times in a row in his next phase trading with 4 lots.

By the end of the 2nd phase he would have already doubled his account making it start to be really interesting.

Let's see the projection on his next targets and sizes, the idea is to reach a level to give him the freedom to live exclusively  from trading, a dream many traders have but are struggling to get there for not having a clear plan, they try to make huge profits in the beginning and end up losing a big part of their account if not all of it many times.

So with this simple strategy you could be sure to achieve a level that would truly change the way you'd trade and live, it's just a matter time, patience and discipline to follow the rules, see the table below:

3rd phase: US$ 11,000- trading size now: 4 lots, next target to double size again US$ 19,000

4th phase: US$ 19,000- trading size now: 8 lots, next target to double size again US$ 35,000

5th phase: US$ 35,000- trading size now: 16 lots, next target to double size again US$ 67,000

6th phase: US$ 67,000- trading size now: 32 lots, next target to double size again US$ 131,000

Now a trader could start living a reasonable comfortable life exclusively from trading, imagine how fast he could go if he could make 2 points a day instead?

If you don't have your own trading system, use someone else's proven methodology, ours is one of them, click on the link below to see how it works:

Diamond Setups, the only edge you need, click here:  www.diamondsetups.com

In our trading room I make calls and comment, during the whole trading day, showing what the possibilities are on every key level the market touches, that helps a lot to trade the strategy described above or anyway you decide to trade.









Saturday, September 9, 2017

Challenge #11 update - Patience and Discipline



After exactly 4 months we are almost there, less than one point away from our 100% target, probably done on Monday, once again from US$ 10,000 to 20,000, it was not easy but we've made it once again.

I always say that luck is also a part of the game, in our system losing streaks do happen every 3 to 5 months, so we expect it to happen at least once during a challenge...

- But what has luck to do with it?

In our challenge trading the ES (S&P500 e-mini futures) we have 3 different stages: Stage 1 goes from US$ 10k to 12k, we start trading with 2 lots, when we reach 12k we increase the size we trade from 2 to 3 lots, the idea is to take a little more risk for faster returns, in case we lose and go back to US$ 10k (or close to it), we'd go back to stage 1 and would start it all over again from 2 lots.

When we reach Stage 3 at US$ 15k (50% profit) we increase size to 4 lots, the max STOP we use is 2.75 points, so if we get stopped out on full size on Stage 3 that's a US$ 550.00 loss, and that's where luck steps in.

It wouldn't be very lucky if the losing streak happens right at this moment, not good to take 5 losses of that size in a row at the beginning of Stage 3, and in this challenge, the 11th, that's exactly what happened! (losing streaks usually gives 5 to 7 losses in a row) Right after we reached Stage 3 - boom! Losing streak... making us go all the way back to Stage 1 around US$ 11,000! So it required lots of patience to go through Stages 1 and 2 once more to be able to reach Stage 3 and then our 100% profit target.

I think patience and discipline are two of the most important characteristics of a profitable trader, I always tell my fellow traders in our trading room that we don't need to be perfect to win consistently, many newbies think they can only make money if their entry is perfect, if they enter a trade and the market goes against them 1 or 2 points fear of losing could make them give up on that trade at breakeven only to see the market perfectly hit our targets...

Another great enemy of a trader is to be in a hurry to reach their targets, big mistake, the main thing is to be consistently profitable, even if slowly, and increase the size you trade as your account grows and don't take profits for your expenses until you're big enough so that the monthly profits will be much bigger than your monthly expenses.

I also make many mistakes in my trading, but there is one mistake I NEVER make, that is: to take a BIG LOSS, never let that happen to you! Make sure you use STOP orders, if hit, wait for the next trade.

If you want to join us on our next Challenge (#12) you will be welcome:

CLICK HERE: Diamond Setups

Best of luck!