That volatility and wider intraday ranges have made it possible for us to take as many as 22 trades on ES (S&P 500 e-minis), an average of 4+ trades a day, having 17 of them been winners, making us reach our 2nd target at US$ 15,000 by Wednesday, we finished the week close to reaching the 3rd target at US$ 20,000 already, we might reach it this coming week, less than 10 ES points left to complete.
I certainly never expected targets to have been met so soon, but when Mr. Market is willing to give us $ we take it, when it doesn't, we respect it and move slower, more defending than attacking.
So now we're heading to Stage 3 - from US$ 15,000 to US$ 20,000, trading 4 lots.
We follow the rules religiously, if we lost and went back down to US$ 12,000 then would go back in size to 3 lots, but losing streaks are something really rare to happen to those who use our system properly, we always wait for the good setups (those that have good odds of working) and never over trade, we know patience is a must if we want to be successful in our business.
If you still don't have a trading system that works consistently, join us, usually it takes one or two weeks for new traders to learn to trade using our system, it's really easy to learn and simple to use.
The signals to buy/short always come AHEAD of prices having reached entry levels, leaving no room for ambiguity.
Best of luck!
Diamond Setups - http://www.diamondsetups.com
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