Saturday, March 24, 2018

Two big winning trade setups - Challenge update

Hello traders!

Huge volatility continues, it looks like Bears still want it lower next week, we'll see, for us, Diamond Setups traders, it does not matter whether it goes up or down, as long as it moves we can make money.

We met our Stage 1 target this week after 2 weeks, 20% profit target reached so on Monday we start Stage 2, next target at US$ 15,000, 50% profit, we'll increase the size we trade to 3 lots now.

There are so many ways to trade, in our system we have different setups for different styles of traders.

Some traders like to take more trades along a trading day, others would rather take one single trade a day but they would go for bigger targets, two of our setups can be used in those two different trading styles.

We call those setups: DS1 & DS10, those who know our system know exactly what to do to trade those setups, the DS1 is presented several times a day, every single day, this week for instance, it has been possible to make over 70 (seventy) points with that setup, traders who took most of the DS1 setups did really well, each point on ES (the instrument we trade, S&P 500 e-minis) is worth US$ 50.00 per contract, so if a trader would have traded just 1 lot he could have made over US$ 3,500 trading just one type of setup. Our minimum target on each trade is +3 points, so if a trader would have taken just 3 points on each of the winners then he'd have made around 30+ points this week.

But not all traders are the same, those who prefer to take just 1 trade a day and try to go for bigger targets, they take the setup we call: DS10.

DS10 is presented once a day (on some days they don't show up, I'd say they happen on 80%+ of the trading days) always in the afternoon either around 2 PM or near the regular trading hours close at 4 PM, traders who take it can take profits at 10+ points or just hold into overnight or even next day for bigger targets by trailing the position, this week those who decided to trade only this setup, had the possibility to make over 100 points, by taking one trade a day only, that's more than US$ 5,000 on the week per contract. This setup has been making an average of 50+ points a week this year so far.

When you know what to expect from certain types of market behaviors and you have the discipline to take the trades and only leave if stopped out or at your target, you can consistently make it big, week in, week out.

Learn a trading system that works like clockwork, there are several of them in the market, ours is one of them, the Diamond Setups, pattern recognition is our main thing.

Join us this week, click here to learn more

Act as if what you do makes a difference. It does. - William James.

Saturday, March 10, 2018

Awesome time to trade

Hello traders!

We've just had the most incredible journey in our Challenge #15 as it has been completed in less than 3 weeks this time!

Even for us, me and the traders who trade with me live in our trading room, it was hard to believe we were able to actually achieve each stage target in just one week. We break our main target into 3 Stages, the first 2 stages have 20 points targets and the last one, 25 points, so we just made 65 points in less than 3 weeks.

That has been possible thanks to the big opportunity window we've been having since December and mainly January allowing us to take an average of 4 trades a day due to higher volatility. Although we had some great opportunities to score big trading ES (S&P 500 e-minis), we could have made 15, 20, 50 points on some of the trades we took but we never caught such big moves on a single one, trailing is a different animal and sometimes you will have to give all your profits back when price retraces back to your entry point and beyond, so we prefer to guarantee profits by taking "small bites", our minimum target is 3 to 4 points, but there have been some trades where we were able to capture 8, 10, even 15 points in a single trade, but the great majority of our trades are around +4 points, we know that when we have several opportunities to trade everyday like now, it will quickly add up as most of our trades work as expected, this past week for instance we've had a 90%+ win ratio.

We are aware that this volatility might dry up sooner or later, but with or without it we're confident our system rules will consistently allow us to be profitable week in, week out as it has been on the last 8 years.

By the way, our next Challenge, #16, starts on Monday, March the 12th.

In case you don't know, our challenge consists of trading a US$ 10,000 account trying to double it trading ES with clear targets and rules, our first target is at 20% trading 2 lots, then we increase size to 3 lots with our next target at 50% (US$ 15k) and on the last stage we trade 4 lots aiming the final target at US$ 20,000.

Learn how we do it, join our training program and make money while you learn how to use our system. Calls are very clear in our trading room, here's an example of a call on Friday, that one was a real time setup after NY open:

[Mar 9, 2018 10:10:22 AM EST]     RenaTrader    long valid
[Mar 9, 2018 10:10:30 AM EST]     RenaTrader    2763.50-62.50
[Mar 9, 2018 10:14:15 AM EST]     RenaTrader    trailing 2762

When I posted those levels traders already knew them and were waiting for a confirmation, when it came up I posted the levels confirming them. Normally we use a 2.75 point STOP, but now with higher volatility we've increased it to: 3.75, those who bought and trailed could have made 20+ points.

Learn more by clicking here ==> Diamond Setups

Look what traders are saying in our trading room:

[Mar 9, 2018 3:42:45 PM EST]     Adrian    well done again. awesome week RT. appreciate your hard work.

[Mar 1, 2018 3:58:21 PM EST]     spreader    Wow! nice levels Rena

[Mar 1, 2018 3:34:14 PM EST]     nktrader    nice trading RT

"When the student is ready, the teacher will appear."

Best of luck!