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.