It’s Tuesday, October 22nd, and we’re diving into the Sonic Trading System again, following up on yesterday’s session where we took five trades back-to-back. Today, we’re looking to continue building on that success, analyzing not only what happened right as the market opened but also tracking moves later in the day.
Trading is risky, and you should never trade with funds you can’t afford to lose. Be mindful of the potential downsides, and always use protective stops to guard your capital.
Today’s Performance
Starting at around 11:00 AM, we’ve had a series of trades on the Sonic system. Our first long signal of the day appeared at 58.73. I aimed to get in a tick better but missed the fill as I recorded this. It’s always a good idea to let the trade go if you miss the target price—don’t chase the market! Patience is a critical trait in successful trading.
Let’s break down the numbers so far:
- Total Trades: 6
- Wins: 5
- Losses: 1
With five winning trades and only one loss, we’re sitting at a solid win ratio, which is what you want to see from any trading system. The Sonic system has a great track record of capturing quick profits, and today’s performance reinforces that.
Example Trade Breakdown
Our next trade came in at 58.78.50 with the target set at 58.88.75. That’s about 2.25 points, translating to over $100 per contract. Even after slippage and fees, that’s still a profitable outcome, and it only took a few minutes to hit the target.
Why Price Action Matters
Price action trading means reacting to the market, not predicting it. We had a long position here, and within minutes, the trade hit the target. This is what you want: fast, decisive profits. If a trade takes too long or goes sideways, it’s better to cut your losses or move on to the next opportunity.
Sonic System Flexibility
The Sonic trading system is semi-automated, which makes it compatible with funded trading programs like Apex or Topstep, where fully automated systems aren’t allowed. It’s a hybrid solution, focusing heavily on price action rather than relying on conventional indicators.
This flexibility is ideal for both NinjaTrader and TradingView users, allowing traders to customize stop losses and targets based on their strategy or risk tolerance. You can adjust settings to suit your style—whether you prefer smaller stops or larger targets.
Trade Recap:
- Entry Price: 58.78.50
- Target Hit: 58.88.75
- Profit per Contract: Over $100
We entered this trade for a reason, and it delivered in under 10 minutes. This fast-moving market action is what makes Sonic so powerful. When you catch the right moves, you want to exit with profits as quickly as possible.
Wrapping It Up
If you’re new to Sonic or price action trading, now is the perfect time to dive in. With a free membership at DayTradeTowin.com, you can access essential resources like free software and a course to help you get started.
Our system works with both NinjaTrader and TradingView, and if you’re interested in learning more, we offer an Accelerated Mentorship program that bundles all our tools into one comprehensive package.
Stay tuned for more market insights and live trade breakdowns! Subscribe to the DayTradeTowin YouTube channel for daily updates, or visit our website to get started with our free member account.
Trade smart, trade safe, and always use proper risk management!