Hello, Traders! It’s Election Day—a day that can bring increased market volatility and unique trading opportunities. Today, we’re diving into how the Sonic Trading System can help manage trades in this fast-moving environment. We’ll focus on a one-minute chart, as it provides a good balance between quick insights and accuracy.
Before we begin, a reminder: trading involves significant risk. Please trade only with funds you’re prepared to lose, as there’s no guaranteed outcome in trading.
For today’s session, I’ve switched to a one-minute chart. This timeframe is popular among traders who want to capitalize on quick trades while keeping a clear view of trends. Right from the start, the Sonic System signals some potential entries.
Key points to consider:
The first trade setup I followed today was a long position around 5774, which earned about $87 (excluding fees). Using limit orders minimizes slippage and lets you have better control over the exact entry point. Although some quick trades hit their targets before I could enter, patience is key—it’s better to wait for the right setup than chase each trade.
Instead of market orders, I use limit orders to control entry prices. If a trade setup appears but the price jumps right to the target, it’s usually best to skip that trade rather than chase it. Take your time to assess each signal, focusing on the entry, stop, and target to make sure the trade aligns with your goals.
Our mentorship program offers hands-on training on the Sonic System, including how to use tools like the news indicator for staying aware of impactful events. Whether you use NinjaTrader or TradingView, our program provides the resources to support your trading journey.
If you’re ready to learn more, visit daytradetowin.com to get started. You’ll find details on our trading tools and mentorship program, plus access to trials and resources to improve your trading skills.
Stay sharp and trade smart—let’s make today a winning day!
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