Saturday, June 17, 2017

Challenge update: Stage 2 achieved at US$ 15k


Hi traders!

We made it once more taking the account from US$ 10,000 to US$ 15 k in less than 6 weeks!

We started trading the Challenge #11 on May the 8th with 2 lots, reached the end of first Stage at US$ 12k and this week we reached the 3rd Stage which we start trading ES from Monday with 4 lots.

This Challenge account has been going up smoothly as we never went underwater, straight up from when we began with US$ 10,000, we did have some losses along the way, of course, but we finally made it once again. All trades have been posted in our trading room with clear entries (before getting filled) and exits.

The secret is to have an edge and just follow the rules with discipline, we don't have to be perfect as traders, I also make several mistakes, don't get me wrong, we're human beings and on some days you're not at the top of your performance, but I always tell the traders who trade with me: don't try to be perfect. We don't need to buy right when market turns, as long as our STOP LOSS is not hit, we hold the position until it reaches our partial and main targets, depending on the style one chooses to trade.

Our system is really simple, the calls I make in the trading room are very clear leaving no room for doubt, our entry levels are known BEFORE market tests our price, not after price is going up or down as I have seen in several trading rooms I visited, I post the levels ALWAYS in advance, giving traders plenty of time to insert their orders.

We never know in advance which trade is going to work or not, so we take ALL SETUPS according to our OWN trading style, be it conservative or aggressive, aggressive traders make more money though, when using our system  traders know all setups have the same probability of working, we know that 70%+ of the trades will work as expected and will reach our profit target and 30% or less will get stopped out, as traders we have to accept that or we shouldn't be trading.

If you don't have your own system to trade, use ours, you'll see right from the first day we know exactly what we're doing we're never in a rush to do anything and if you have your own levels, my comments will be of great help for you to follow market direction, all through the trading day I comment on what market is doing and its probabilities and post the conservative and aggressive entries.

Join us this week: Click here: Diamond Setups, the only edge you need.

Feel free to send me email if you have any questions: renatrader@diamondsetuips.com

"Don't be afraid to really use your imagination. Let it run wild. It's one of the most powerful tools you've got." - Laird Hamilton


Saturday, May 20, 2017

Challenge Update: Stage 1 reached at US$ 12,000


What a week! Lots of activity in the markets.

Those wider moves helped us to achieve our first target, we call it: "Stage 1" at US$ 12,000 from US$ 10,000 in less than 2 weeks, not bad!

Our target has been achieved using only 2 trading styles from our Diamond Setups ES signal service, we've taken all day and overnight trades, that combination gives us healthy consistent results without having to risk too much due to the "small size" of our account, just US$ 10k.

Now our next target is at the 50% mark, "Stage 2" at US$ 15,000, we will increase the size we trade from 2 to 3 lots, let's see how we do in the coming weeks, I'll keep you updated as usual.

If you're not a member of the Diamond Setups Service, join us this week, it costs less than 2 points if you trade just one contract and we get most of the trades right with a small risk, max 2.75 points on every trade (except overnight, max risk is 4 points on o/n trades with a 90% win ratio, nothing to worry about when stopped out).


Click here to go to the Diamond Setups Signal Service


"Don't dwell on what went wrong, instead focus on what to do next. Spend your energies on moving forward toward finding the answer."  Denis Waitley









Disclaimer: Levels posted in the Diamond Setups website are not a recommendation to buy or sell futures, trading futures is risky and you may lose all your capital, levels posted are for educational purposes only.

Saturday, May 6, 2017

Challenge #11 starts on Monday, May 8th - from US$ 10,000 to 20,000 trading ES


It's been a while since we started Challenge #10, no doubt that has been the most difficult one so far as it has taken us 6 months to complete it, for the first time since we started the challenges we lost over 20% in the beginning, we started right when a losing streak happened, yes, losing streaks do happen to us every 3 or 4 months, and we went way below water but since January we could start our way back up again and finally met our target last Friday.

Now we're ready to face a brand new challenge, let's see how long it will take us to double the account this time As you probably know, we trade ES (S&P 500 e-minis) only, one single instrument, we take 1 or 2 trades a day for the challenge (DTs + O/N, see description of trading styles below), but more active traders can take more trades as our trading system provides much more opportunities to trade depending on how often you like to pull the trigger.

The Diamond Setups system provides entries in at least 5 different ways:

- SC = scalping - from 2 to 6 trades a day - depending on volatility, the more volatile and wide market is, the more opportunities to trade we have in this style - minimum target: 3 or 4 points, small wins quickly add up, win ratio: 70%+

- DT = day trading - only 1 or 2 trades a day, minimum target: 4 points - 70%+ of the trades work in our favor.

- ST = swing trading -  1 or 2 trades a week, this style is for those who don't have time to follow the market along the whole day, levels are posted on Sunday and are usually valid until Thursday, unless I warn traders that they have been changed. If filled then expect a minimum target of 15 to 20 points.

- O/N - overnight trades - 1 to 3 trades a week, great win ratio of 80%, in March and April we never got a single stop out. Trades do not happen every night, but when they do, they work perfectly. Minimum target: 4 points

- KAC - 1 day swing - 1 to 3 trades a week, this setup is posted almost daily around 1:30 PM EST, the trader usually needs to hold the position until the next trading day, minimum target: 5 points

A trader who would dare to take all the possible setups could make big profits consistently, as long as he/she will not skip any trades for fear, for example.

All calls are made BEFORE the levels are tested giving traders plenty of time to enter their orders.

I always like to remind traders in our trading room that we DO NOT need to be perfect, the only mistake we must NEVER make is to take a big loss, small losses will not kill us, they're part of the game, no trader will ever be 100% right all the time, either you accept that or you should not trade.


Join us on this new challenge, click here to go to: Diamond Setups


"We keep moving forward, opening new doors, and doing new things, because we're curious and curiosity keeps leading us down new paths". Walt Disney



Disclaimer: Levels posted in the Diamond Setups website are not a recommendation to buy or sell futures, trading futures is risky and you may lose all your capital, levels posted are for educational purposes only.

Saturday, April 22, 2017

A traders' #1 enemy: FEAR


Have you ever wondered why it's so much easier to paper trade than trading a live account?

It seems that our brain connects through a different wire when we're trading real money and we end up doing a totally different thing than we would if money wasn't on the line.

In our trading room I can see clearly the difference between fearless and scared traders, the first group just do whatever has to be done in every single setup that is presented to them during a trading day, no matter whether the previous trade was a winner or a loser, something that fearful traders have great difficulty in dealing with, no matter what happened on the previous trade, if the trade was a winner they end up skipping the next setup, afraid that they'd be stopped out and give part of their sought after profits, and when the previous trade was a loser they skip the next trade fearing getting stopped out a second time in a row...

If I would list all the different traps that scared traders fall into, I could write a book on that subject only.

Have you ever had the experience of just watching 1, 2, 3 setups without taking a trade just to see them working perfectly and then when you decide to take the next one it fails? Yes, it's really frustrating.

When we enter a trade we never know in advance whether that particular trade will work or not, we do not need to know what market will do next to make money, we just have to trust the statistics we know gets repeated over and over in that specific type of pattern, all we need to do is to take the "key levels" where market might turn, and expect to see a small rotation or a possible reversal, depending on entry location and when it does not work as expected... out.

Traders have to bear in mind that they need to take 10, 20, 30 trades, according to his own style, and be sure that the outcome from that sequence of trades will certainly be positive, 70% or more of the trades will work and at the end of the day they will be in the black, provided they're using a proven methodology like ours for instance, the Diamond Setups.

But, unfortunately, what I see is that most traders DO NOT want to lose a single dollar, afterall the reason why we trade is to make money, but we know that not all  trades will be profitable, we either accept that or we shouldn't be trading. The right mindset + risk management are key.

We have at least 2 different practical approaches on taking profits in our trading system:

1 - MTs - that group of traders will quickly scale out on half or 1/4 at +2 points or so to protect their profits and then continue in the trade trailing without any risk or just a very small risk.

2 - TTs - in that group they will only take profits at the initial target or they will trail until stopped out on FULL size, trying to let the trade develop to its fullest possible potential, although taking +4 points on each trade quickly adds up, mainly on volatile days when we may have several chances to trade along the day, 10+ points days are not that rare when that happens.

The Diamond Setups system triggers several different setups along a day or week, depending on each trader's own trading style, there are calls for day or swing traders, scalpers, and many times a call near the last hour that needs to be held for the next trading day or overnight, all of them are clearly explained in the member area in our website allowing traders to decide which style they will follow depending on how they feel more "comfortable" to trade.

For instance, if he/she likes to take only 1 or 2 trades a week for bigger targets then he will just check the swing trade levels page and wait until any of those levels are tested, if he/she likes to be more active along the dy then he can take the the day/scalping calls for quick profits with a smaller risk.

There is something for every taste, just make sure you learn what to expect and how much you want to risk and take the setups accordingly, 70%+ of the time those setups will work as expected, conquer fear by following a plan that you know will work on the majority of tries.

And last but not least: you DO NOT need to be perfect to consistently make money trading futures.

Join us now, click here: Diamond Setups

Or, if you have any questions, send email to: renatrader@diamondsetups.com

Best of luck!


Saturday, April 8, 2017

The Market and its Cycles


Hi traders!

I've been day trading ES for the last 10 years now, and coaching traders, both seasoned players or newbies for the last 7 years, I've seen many newbies start trading only to quit after a month or so, they are not aware on how market works, about its different cycles, they expect to have a linear winning curve and that's not always the case when they begin, as traders we also have more difficult periods and losing streaks, so it all depends on when a new trader joins the market, luck is also a (small) part of our business.

Cycles in the markets tend to last from weeks to months, during some of those cycles it allows to make truckloads of money while during others we will focus on just protecting our capital, being happy with small profits while we "wait" for a more generous market, we've been trading long enough to know that "the good times" are right around the corner.

All day traders need is some volatility to be able to take more trades make more money, we trade ES (S&P 500 e-minis) only and we know when the range is tight it is more difficult to get good chances to trade, one entry missed and boom, we could miss a whole trading day, but when volatility is in play with wider ranges like 15+ points, that's all we could ask for and more opportunities are given for us who live from trading.

In our trading room we have at least 4 types of calls that are made 24 hours a day from Sunday night to Friday afternoon (live Mon through Fri from 9 AM to 4 PM EST), they go from: swing trading to scalping, it all depends on each trader's style to choose their "level of comfort", let me give you some examples:

Day traders may expect to see 1 or 2 trades a day with targets from 4 to 10 points depending on context, STOPs from 1 to 3 points.

Scalpers may have from 2 to 6 trades a day with a minimum target of 4 points, STOPs also from 1 to 3 points

Overnight traders: for those who like to trade during the Asia and London sessions, with targets from 4 to 10 points and STOP of 4 points. Trading levels are posted daily at around 9 PM EST.

From one of the traders in our trading room on Friday:

[Apr 7, 2017 9:13:17 AM EDT]    b    Thanks for the ON levels
[Apr 7, 2017 9:13:19 AM EDT]    b    worked well
[Apr 7, 2017 9:13:30 AM EDT]    RenaTrader    good job, b!
[Apr 7, 2017 9:13:43 AM EDT]    b    +15 for the day

And last, but not least, swing players who usually have 1 or 2 trades a week with targets of 20 points or more with STOP from 10 to 12 points.

This week for instance swing traders who took the swing levels have made 50+ points, once a trader get a trade like that he will have no fear at all to risk 10-12 points in a single trade, he would have to be wrong 4 times in a row to give all profits back which is really rare to happen in our trading system, the Diamond Setups.

All those styles above with 70% win ratio, except for the overnight traders that get a higher win ratio of 90%

If you want to join us, the risk is very small, with just US$ 99.00 you'll have access to all those calls, our trading room is open Monday through Friday from 9 AM to 4 PM EST (NY time)

Click here to go to our website: www.diamondsetups.com

Or, if you have any questions, send email to: renatrader@diamondsetups.com

Best of luck!

"Setting goals is the first step in turning the invisible into the visible.
If you do what you've always done, you'll get what you've always gotten." - Tony Robbins








Friday, January 6, 2017

The power of just 2 points a day trading ES


It's really interesting to see how just 2 points a day on ES with just one lot in the beginning can do wonders to those who have a good trading plan, see the table below:

From US$ 5,000 to US$ 1 M trading ES (S&P 500 e-mini futures)
Stage #    US$SizePts for target  Target in US$












1$5,000.001    40               $7,000.00



2$7,000.002    30  $10,000.00



3$10,000.003           20  $13,000.00



4$13,000.004    35  $20,000.00



5$20,000.006    35  $30,000.00



6$30,000.008    25  $50,000.00



7$50,000.0010    30  $65,000.00



8$65,000.0012    25  $80,000.00



9$80,000.0020    15 $100,000.00



10$100,000.0030    35 $150,000.00



11$150,000.0040    70 $300,000.00



12$300,000.0060    35 $400,000.00



13$400,000.0080    25 $500,000.00



14$500,000.00100   100 $1,000,000.00

That makes a total of 520 ES points, 2 points a day, 10 points a week, trading size grows as targets are met.

In order to be able to make that happen you need a proven trading methodology with a sound risk management and the discipline to execute it.

If you don't have a system join us, try the Diamond Setups: www.diamondsetups.com 



Trading in futures is not suitable for many members of the public. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources and other relevant circumstances.