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: firstname.lastname@example.org
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