How trading works with the Sonic trading system at Market Open, Targets and Stops!
With a powerful focus on price action, targets, and stops. Used with Apex and funded accounts.
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I’m going to show you the Sonic trading system not just what happened as soon as the Market opens but also moving forward.
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CHAPTERS:
00:00 – Trading the Sonic Trading System
00:25 – Trading is Risky
01:05 – Get a Free Membership
I’m trying to get filled let’s see if it hits that Target which is about 2 and a half points so far you can see we’ve had 1 2 3 4 five six trades so we had six trades the last trade was a losing trade so we’ve had six trades five of them were winners one of them was lost and that’s a great ratio when you think about how trading works if you have five win ERS and one loser that’s a really good way to look at a trading system.
So, currently, we have a signal here at 5873. I missed it as I’m trying to do this video and see if I get filled here. I don’t like to chase the market, so even though it’s a little bit higher from where the signal is supposed to be, I’m not going to chase it. I’m really trying to get either the exact price at 5873 or even a better price, which is always a good idea, so I say this in a lot of videos that we do when it comes to price action and trade management: we don’t chase trades we let trades go as if in this case you see that it hit the target why am I going to continue on with this trade so I missed it I wasn’t fast enough here, and I’m going to cancel the uh the trade so as a rule of thumb, in this case, I should have gotten it I wasn’t fast enough.
We’re going to look at the Sonic trading system again just like we did yesterday where we had five trades back to back today. I’m going to show you the Sonic trading system, not just what happened as soon as the Market opens but also, moving forward, I am getting a tick better.
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