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.

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!

Stage by stage, breaking targets down

Hi traders!

We're about to achieve our main target (5 points short) at US$ 20,000 in our Challenge #14, where we try to make 100% profit trading ES (S&P 500 e-minis) with a US$ 10,000 account.

In our Challenge we create smaller targets to make them more "easily" achievable, we break that target down into 3 Stages:

Stage 1: from US$ 10,000 to US$ 12,000 trading 2 lots, so our first target is a 20 point target.

When that target is done we start Stage 2: from US$ 12,000 to US$ 15,000, now trading 3 lots, then our target is 20 points one more time.

We're now ready to start the 3rd Stage: from US$ 15,000 to US$ 20,000, we then increase size to 4 lots, having a final target of 25 points.

Such a simple trick makes it look much better than having one single target at 100%.

The rules for the challenge are very clear, in case we lose and go back to a previous Stage we would decrease the size we trade back to that Stage size limit.

If we take our main target of 65 ES points and break it down into trading days we would need around 33 trading days or 7 trading weeks to reach it if we make just 2 points a day, aggressive traders using our trading system, the Diamond Setups, have been able to make an average of 9 points a day this year so far.

Of course, those 3 Stages are just the beginning for a trader who is trying to make a living out of trading, he/she will need to add a couple more Stages to reach the tipping point when he/she would be able to have reached a decent income level that'd allow him/her to live (almost) anywhere in the world comfortably.

Just to give you an idea of the continuation on the milestones a trader would have to conquer until he/she can start living out of trading, check the examples below:

Stage 4: from US$ 20,000 to 30,000 trading 6 lots, another 33 points to reach target.

Stage 5: from US$ 30,000 to 40,000 trading 8 lots, 25 points

Stage 6: from US$ 40,000 to 50,000 trading 10 lots, 20 points.

And then, the breaking levels when trading for a living becomes feasible:

Stage 7 (living the dream): US$ 50,000 to US$ 80,000 trading 20 lots, 30 points

Stage 8: the sky is the limit...

Think about it, that's "just" 173 points separating a trader from living his/her dream, go for it!

FYI, aggressive traders using our system have made 323 points this year so far, of course the market has helped a lot, it is being exceptionally good for day traders since the beginning of the year, but have in mind those points are not from "huge winners", the great majority of the trades gave from +4 to +6 points, very few were +10 trades.

In order to be able to reach those targets you'll need a trading system, an edge, if you still don't have one, use ours.

Join us in our next Challenge #15, click here to learn more  ==> Diamond Setups

Best of luck!

A week to remember! - Challenge #14 update.

Hi traders!

It was hard to believe such huge volatility during the whole week!

I remember that during several days last year we were praying for some volatility, as day traders the hardest time to trade is when market is too tight in ranges of less than 10 points, we had to wait for hours for a 3 point target, it was really frustrating to see just 1 or 2 trades a day, during those days I kept telling traders in our trading room to be patient, we knew that volatility would be back sooner than later, but not even in my wildest dreams I would expect something like we've seen this week, not even in 2008 when 50 point swings were normal during a trading day.

Day traders have had so many opportunities to trade this week, too many actually, we had to skip some setups trying to take the higher odds trades only, but even a small rotation would give us +8 or 10 points, really incredible to see so many chances for +10, +20 points on ES, those who had the courage to trail some of those trades could have been able to make even 300+ points in the week!

There were so many "wow!" moments that they became common place, we got used to take profits of at least +10 points on most trades, long story short we achieved 2 of the 3 targets in our Challenge #14 - from US$ 10,000 to 20,000, and on Monday we reached our 1st milestone at US$ 12,000 after just 1 week, and yesterday we met our 2nd target at US$ 15,000 and broke it closing the week with US$ 16,000+ in our Challenge account.

If you have been following our work for some time you know our system is called the "Diamond Setups", a simple set of rules and trade ideas that we follow to be consistently profitable in the markets, if you still trade without a trading system, learn how to use ours:

Join us today, click here to learn more: Diamond Setups

"Man’s mind, once stretched by a new idea, never regains its original dimensions." ~ Oliver Wendell Holmes

Challenge #13 update: Main target achieved in just 7 weeks

Even after having been trading e-minis (ES) for almost a decade now, it still amazes me to see how "easy" trading can be during some periods, several chances to trade with a high win ratio, above 70%. The Challenge traders are all done in real-time in our trading room, doubling our account in just 7 weeks! That milestone made us break our own record.

December and January have been exceptional months to trade, even without getting the big moves, as day traders it's hard to make 20 points in a single trade, when volatility sets in, direction can change in a dime making us really happy with 6, 8 or even 3 points on each trade, which is our minimum target, it quickly adds up. There's no need for perfection in order to make money consistently, to have an idea on how powerful this business is, one can make a good living if able to make just 2 points a day.

It's really good to see the quantity of opportunities to trade ES can offer when it decides to be generous, but it's not always the case, last year we went through long periods of tight days, challenging our patience to wait for the right setup, on some of those days we did not have a single trade during the whole trading day! They were rare but they did happen a couple of times, the good thing about following a trading system is that if we don't see a setup we do nothing but watch, if market is moving in a tight range we just wait but when we see a good setup we don't hesitate to trade it, when we jump in, we do not know in advance whether that trade will work or not, what we do know is that if we take a sequence of trades with similar setups, statistics will work in our favor giving us the confidence we need to pull the trigger every time and just let profits take care of themselves.

I really have a good time with our fellow traders in our trading room, not only because we make money consistently there, but the symbiosis generated there is great, it gives us the strength we need to be there on a daily basis to fight another day, here's an email I've just received from one of our members:

Hi Renato -

I wanted to let you know that I am starting to get the hang of the DS system.  While I am still learning you have provided a lens into the market for me which frankly I did not have.  The DS set-ups are clearly providing opportunity to make money in the market.  My goal is that I will continue to trade this system for a very long time.


Thank you

xxxxxxxxxxxx


Thank you for the feedback, I'm really happy to be able to share something that is really relevant to those who want to learn a set rules that creates a steady flow of profits to those who follow them with discipline in the difficult path to success in our business.

If you still don't have your own system to trade profitably, use ours, the Diamond Setups.

This week we start our new Challenge, from Monday, January the 29th, we will try to take an account from US$ 10,000 to 20,000 once more, if we're able to do it again it will be the 14th time.

The Challenge consists of 3 different stages, we set 3 targets that we will try to reach:

Stage 1 - from US$ 10,000 to 12,000 trading 2 lots, 

when we reach it we start:

Stage 2 - from US$ 12,000 to 15,000 trading 3 lots, 

and last but not least:

Stage 3 - from US$ 15,000 to 20,000 trading 4 lots

When you join us, besides having the opportunity to participate in the challenge with us where I trade in real-time in our trading room, you'll also have 1 on 1 classes where I'll teach you all the nuts and bolts of our trading methodology, all the rules and the 10 Diamond Setups we use to be consistently profitable.

Join us in our Challenge #14 ==> Click here to learn more

“The biggest thing about making money is time. You don’t have to be particularly smart; you just have to be patient.” - Warren Buffett

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 (?)

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.

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 ready, the teacher will appear. 

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!

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."

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.

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!

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

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.

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.

A trader's #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!

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

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$	Size	Pts for target	Target in US$
1	$5,000.00	1	40	$7,000.00
2	$7,000.00	2	30	$10,000.00
3	$10,000.00	3	20	$13,000.00
4	$13,000.00	4	35	$20,000.00
5	$20,000.00	6	35	$30,000.00
6	$30,000.00	8	25	$50,000.00
7	$50,000.00	10	30	$65,000.00
8	$65,000.00	12	25	$80,000.00
9	$80,000.00	20	15	$100,000.00
10	$100,000.00	30	35	$150,000.00
11	$150,000.00	40	70	$300,000.00
12	$300,000.00	60	35	$400,000.00
13	$400,000.00	80	25	$500,000.00
14	$500,000.00	100	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.

Final target achieved on Challenge #9

...and a new Challenge has come to an end, once again we were able to double the account from US$ 10,000, this time it has taken us 3 months and 10 days to achieve our target, it was not easy, as usual, but we made it once more.

There were tough times to day trade during Summer, we had real tight range days, it was difficult for us to catch good setups any missed opportunity could have been the only one of the day, during several days we were able to take just a single trade while on others even no trade at all, a really tough test checking our discipline and patience to wait for a good setup, traders tend to trade carelessly when good setups take long or even don't show up at all.

But, even though, we were able to make it happen because we KNOW determination to succeed is what makes the difference between losers and winners, if we wait and only take the good setups, we know that from every 20 or 30 trades we will be winners on the great majority of them, 70%+ of all trades work in our favor, statistics don't lie, they repeat over and over again, staying the same in the long run.

Ready to start a new challenge with us day trading ES (S&P 500 e-minis)?

Our Challenge #10 starts on November the 1st, once again we will try to take an account from US$ 10,000 to 20,000 in 3 stages:

On the 1st stage we start trading 2 lots until we reach US$ 12,000,

2nd: 3 lots from US$ 12,000 to 15,000

3rd: from US$ 15,000 to 20,000 trading 4 lots.

Join us by clicking here: Diamond Setups

If you want to send me email: renatrader@diamondsetups.com

Best of luck!

Spot the patterns, follow the rules

This month we complete the 6th year teaching our trading methodology on futures (ES) and Forex, it's been a long road up to where we are today, really happy to have been able to reach such level.

It all started on Twitter, back in 2009 I used to post some of my trades and one of the traders that followed me asked me how I did to be right on my calls so consistently and I jokingly said: - "Send US$ 1,000 to my PayPal account and I'll teach you how I do". And to my surprise on the following day he sent that money to my account and I had no other thing to do but to start teaching him how I did through chat on Skype, every time I spotted a new trade I told him whether to go long or short and showed on the charts why I was taking that trade...

At the same time that I was teaching him I was writing all the documentation on each of the setups I used then which later on was all published on my website for all the new members that came after that first one.

Today, after having taught my trading system to over 600 traders since 2010, I learned that most who signed up were looking for "a get rich quick scheme", but unfortunately that does not exist in trading, anyone looking to be successful in this business will have to put in the long hours of dedication and hard work required until they can become successful and able to live off of it, those who don't give up and have the discipline to follow the rules that are taught will be rewarded if they're patient enough to go through all ups and downs of a trading career, as it is the case in any other profession.

Markets change their behavior completely now and then, making totally different cycles along a trading year, we might have something from 3 to 5 different phases that we need to adapt our trading system or die, our job is to spot those changes and tweak the system here and there, it is dynamic, there is no comfort zone where we can sit and stay indefinitely, change is the normal core of our business.

Of course experience does help a lot spotting those changes in a timely manner, that is of fundamental importance if we want to survive and make money consistently.

Our over 20,000 hours of screen time does help showing our members the changes of mood in the markets, all we know is that patterns repeat themselves over and over again, our job is to find those patterns in play and take action by pulling the trigger and managing our risk on each trade.

If you want to be consistently profitable in this game, the only way is to have clear rules and follow them with discipline and patience, to name a few of those rules I'd stand out:

- having the patience to wait until the market shows a pattern that meets a certain criteria and when they do,  not to hesitate pulling the trigger

- taking profits at the predefined targets only

- having a strategy to scale out of a trade or go full size and stick to it

- never, ever taking a big loss

- respecting STOPs and so on...

Patience and discipline are key to success.

It's relatively easy to learn a trading methodology, where to buy/short and why, it will take you 1 or 2, maybe 3 weeks, the difficult part is to have the right mindset to follow the rules.


Our Challenge #9 is coming to an end, we must meet the final target either this week or the next one, we should be able to meet our target once again from SU$ 10,000 to US$ 20,000 in a little more than 3 months this time, so next challenge will begin by the end of this month: Challenge #10.

Join us by clicking here: Diamond Setups

If you want to send me email: renatrader@diamondsetups.com

"We all have dreams. But in order to make dreams come into reality, it takes an awful lot of determination, dedication, self-discipline and effort." - Jesse Owens

Best of luck!