Hello, Traders! Today is February 4th, and I’m excited to share insights from a live trading session using the Sonic Trading System by Day Trade to Win. Before we begin, remember: trading involves risk—only trade with money you can afford to lose.
Managing Market Open Volatility
At 9:30 AM New York time, the market opens with a rush of volatility as traders enter—whether trading Nasdaq (NDAQ), E-mini, or Micro contracts. Overnight traders exit positions, and new traders jump in. I recommend waiting 5 to 10 minutes before placing your first trade to allow the market to settle.
Live Trading with the Sonic Trading System
First Trade Signal – A Cautious Start
The first trade signal was a long entry at 6024.50, which quickly hit its profit target. However, I typically advise waiting for more stability before jumping in.
Optimizing Entries and Exits
A second signal at 6029.50 offered a stronger opportunity. A key tactic: wait for a pullback to improve your entry price. If the trade reaches its profit target before you enter, cancel the order—this is key to effective risk management.
Once in the trade, I held my stop-loss level and avoided premature exits. Many traders panic and exit too soon, but if your stop remains intact, patience is crucial.
Using Time-Based Stops for Efficiency
A time-based stop ensures trades don’t stagnate. If a trade doesn’t move within 15 to 20 minutes, I consider exiting. In this case, my trade took 10-12 minutes to hit the target, which was well within my planned window.
Recognizing a Strong Trend
During the session, all signals pointed long, reinforcing a clear upward trend. When trades align in one direction, that’s a strong confirmation.
At one point, I missed a winning trade due to a phone call. Missing trades is fine—never chase the market! More opportunities will arise.
Understanding Risk-Reward Ratios
Each trade must have a solid risk-to-reward ratio. If the stop-loss is significantly wider than the target, I skip the trade. Patience leads to better setups.
Wrapping Up a Profitable Session
After 30-40 minutes of trading, I secured multiple winning trades. With just one contract per trade, I was already up several hundred dollars. Scaling up to two, three, or four contracts can generate $1,000+ profits per session with the Sonic System.
Key Takeaways for Traders
- Avoid overtrading – If you’ve had 3-5 winning trades, step away.
- Watch for news events – Avoid trading near major economic reports.
- Use limit orders – Optimize entries for better execution.
- Practice first – Use NinjaTrader’s simulator or TradingView before going live.
- Join our live training – Get real-time insights in our daily live classes and Friday training sessions.
Get Started with the Sonic Trading System
Ready to take the next step? Visit DayTradeToWin.com and sign up for a free member account. Gain access to trial software, including the ABC system, and master price action trading.
Join our Accelerated Mentorship Program for instant access to all trading strategies and software. Let’s get you on the right path in the next live training session!
Happy trading! 🚀