Today, we’re diving back into the Sonic Trading System, following up on yesterday’s session where we executed five trades consecutively. Our goal today is to build on that momentum, analyzing market activity from the opening bell and tracking trades throughout the day.
Trading carries significant risk, and it’s important to only use capital you can afford to lose. Always be aware of the downsides and protect your capital by using stops strategically.
We kicked off the day around 11:00 AM with several trades on the Sonic system. Our first long signal appeared at 58.73, but I missed the fill by a tick while recording. Missing a fill is part of the game—never chase the market. Successful trading demands patience.
Here’s how things stand so far:
With a 5-to-1 win-loss ratio, today’s performance is exactly what you want from any trading system. The Sonic system has consistently demonstrated an ability to capture quick profits, and today is no exception.
Example Trade Breakdown
Our next trade came in at 58.78.50, with the target set at 58.88.75—a 2.25-point move, translating to over $100 per contract. Even accounting for slippage and fees, this trade yielded a solid profit, and it only took a few minutes to reach the target.
Price action trading focuses on reacting to the market rather than trying to predict its next move. In this case, we took a long position, and within minutes, the trade hit its target. Fast, decisive profits are ideal, and if a trade lingers too long or moves sideways, it’s often better to exit early and move on to the next opportunity.
The semi-automated nature of the Sonic trading system makes it compatible with funded trading programs like Apex or Topstep, which often don’t allow fully automated strategies. The system is a hybrid approach, emphasizing price action over traditional indicators.
The flexibility of Sonic is great for both NinjaTrader and TradingView users, as you can customize your stop losses and targets to match your trading style and risk tolerance. Whether you prefer tight stops or larger profit targets, the system allows you to adapt accordingly.
Trade Recap
This trade played out in less than 10 minutes, demonstrating the power of Sonic in fast-moving markets. When you’re on the right side of a trade, quick exits with profits in hand are the ultimate goal.
If you’re new to Sonic or price action trading, now is a great time to get involved. With a free membership at DayTradeTowin.com, you can access essential tools like free software and courses to get you started.
Our system integrates seamlessly with both NinjaTrader and TradingView, and for those looking to dive deeper, we offer an Accelerated Mentorship program that bundles all our tools and training into one complete package.
Be sure to subscribe to the DayTradeTowin YouTube channel for daily updates and insights, or visit our website to create your free member account.
Trade smart, stay safe, and always prioritize risk management!
Hello Traders! Today is Tuesday, January 21st, and the markets are buzzing with optimism. With…
Tech Companies Ramp Up Stock Buybacks Despite Energy-Intensive Operations Tech companies have significantly increased their…
Trump's Second Term Begins: Markets Brace for Turbulence As Donald Trump officially begins his second…
The U.S. stock market extended its rally this week, with all S&P 500 sectors closing…
Price spikes are more common in bear markets than in bull markets. This is an…
Major U.S. indexes ended the day on a high note: the S&P 500 rose 1.8%,…