Frequently Asked Questions

I am a 25+ year veteran day trader who is offering my expertise to the trading community.  My experience covers commodity futures, FOREX and stock options with approximately 246 custom designed fully automated, semi-automated and professional tools under my belt.  We utilize some of those tools in my room.

You might be surprised what a very persistent, creative and well-experienced trader can accomplish when paired with a very talented programmer.  There's a lot of skepticism in this industry... because many of you have been victims of one-time wonders, liars/scammers and very naive (inexperienced) individuals who have crowded the retail space. 

In fact, most individuals "selling or teaching" on the internet are not going to help you reach your goals. The right Tools and right teacher are like finding a red diamond.  I can help you stop your struggling.  However, you have to be willing to move beyond your skepticism... at least one more time.  

If someone were to ask what makes me a different trader… really different I would say this… number one, my very unusual tool set… and two… I can make good money nearly every day.  I am not a one hit wonder… or once or twice a week (or year) “wonder” which is often the case for many YouTubers.  That means, I can generate good returns nearly every trading day. This means you can learn how to duplicate what I do.  If you understand the implications of this, then you’ll understand why this makes me different. 

My goal is to help struggling futures traders... namely S&P e-mini traders become profitable quickly. If you've never been in a consistently profitable room, let's change that for you.  While we can equally trade the Nas100, Dow or Russell 2000, we focus on the S&P 500 in my room.  By having access to the right "Market Relevant" tools, you'll be surprised how quick your trading can turn around.  Implementing custom-designed Professional grade tools can be the difference between stress-free profits and a long, painful, 'hope you make it' journey. 

My room is the only place you'll find this particular set of tools.  I've spent years refining and selecting the tools I use, so visit my room to see for yourself.  Plus, you're not left alone.  I'll tell you when I'm buying (or where I'm buying) and when I'm selling (or where I'm selling).  No confusing, after the fact mumbo-dumbo chitchat.

Window shoppers can ask a lot of questions, so if you're looking to be a successful S&P e-mini day trader, I can assure you, time in my room will not disappoint.  I cannot guarantee that you will make consistent profits from utilizing my software and trade calls, but I can guarantee that I will.  However, I think you can too once you've logged some experience, familiarized yourself with my Tools and the Market.

Once you've read my manual, experienced my room and seen the power of my Tools, you'll understand why I can make that statement. 

No FREE trial:  Across the years I've given away literally thousands of hours of my time, however this service is designed for dedicated, "professionally-minded" day traders, thus I will not be offering free trials! 

Besides, to fully understand and properly utilize the custom tools you will be observing in my room, you need my trading manual. Otherwise I would be repeating myself multiple times every single day someone new comes into the room.  I suggest reading my manual through twice at a minimum.

When you purchase my trading manual, you will receive a 30-day pass to my room as part of the Introductory offer.   *And traders, if you can't afford $119, you have no business wasting time in this career field. Come back at a later stage in life when you are prepared.

• For those wondering, I do not sell my Tools.

      However, if you're ready to 'STOP the STRUGGLE' now, then join our community of dedicated traders.

END GOAL:   1) Understand how the Market functions and how to properly implement my STS trading Tools. 2) Learn my entry method and...  3) Become consistently profitable in the shortest amount of time.   

   You will learn many valuable lessons from our time together in the room. However said, keep in mind that my room is dedicated to learning my Tools.  *Once again, our sole focus is for you to understand my tools and how to properly implement them, understand my entries points (and exits)... use proper money management and stay consistently profitable throughout the process.

   If you have never traded before, give yourself some time to learn.  YouTube videos reveal that it took anywhere from 1-3 years for many traders to become consistently profitable. With me, I'm saying give yourself 4 months. It may not take that long, especially if you have experience, but expect to "pay" some tuition while you're learning the nuances of price action.  It's stated that successful day traders are paid well, but don't be a moron and think you can make good money consistently without experience, training and the right Tools. 

Note: Of course it's possible you could be profitable from the 1st or 2nd week if all you do is take the trades I take.  However, every person should learn the process so they know where to take a trade without my input... and that process takes time.  This will bring a confidence and freedom to your trading that you've never had before. It positions you to transition into the captain's chair.

Starting advice:  New individuals can go into a room and if they can't get the hang of things within a few days, they bail or don't want to "pay" anymore money to continue to learn.  If you had quit college after a few weeks into a 3 or 4 year degree, do you think an employer is going to give you a job if the position requires a degree?

   *I can assure you, successful trading is as much about you and your mental agility as it is about high quality Tools and a competent teacher or mentor.  

"Until a trader learns to master himself or herself, he or she will never master the Markets... because psychological warfare is part of active trading." (RDT)

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In this industry... many Marketeers sell trading courses for several hundred to several thousand dollars when many folks don't really know if they will actually be successful traders.  So at this point, these marketeers are really selling you "hope" because, in reality, many traders will never be consistently profitable and most courses will never take you across the finish line time and time again.   Therefore, I want to offer you an opportunity to learn a skill that can benefit you for the rest of your life!  Professional guidance accompanied with Professional Tools.

  I think you can see by my approach and character, I'm not trying to take advantage of your inexperience, naivety or wallet.

I've made it easy for you to test the waters. You won't have to pay a lot of money to discover whether we are a good fit and whether active trading is something you can do... and want to do.  

Remember traders, a little luck is good, but we can't rely on luck.  We apply ourselves and draw upon experience and training to pull profits from the Market.  Active trading requires understanding the auction process.  Once you have a firm grasp on the process, your personal trading will no longer be a struggle!

With my Introductory offer of (US)$119.00,  I've made the decision easy for you.  Thereafter, you can choose a monthly subscription or a 90-day subscription if you want to continue.

Willingness to learn...

Besides having an up-to-date computer and reliable internet connection, you need a mind to listen and learn.  With Discipline and Patience comes Precision! (DPP)  And without those attributes, you stand a slim chance of reaching your dreams!

These are the elements you must implement to trade successfully.  You will discover this is exactly what we practice in my room every day.  The process is there to protect your capital and mental health.

Once you've signed up, you'll receive my professional trading manual written from years of experience. The manual goes over, in depth, things you need to know as a trader... how I utilize my Tools and the method I use that will take you across the finish line time and time again.  My tools provide a complete picture, not just another piece of the puzzle.  The manual contains information you will not find anywhere else. Even if you choose not to trade exactly as I do, my Tools are designed to allow you to confidently develop your own style. 

*I am committed to your success and have invested thousands of hours and dollars to help your dreams (and my dreams) come true!

After joining, you'll have access to my Discord trading room> Red Diamond Trader.  *Please include your first name and last initial when creating an avatar for the Discord room in case I need to address you personally.

Come prepared to place trades from either a demo or Live trading DOM. If you have little to no experience placing orders in your DOM, then you need to practice with a demo account (Must have a live data-feed), then move to a Live funded account later.  *There is a link and information near the end of this page regarding a broker if you don't already have one.

You need to know my style of trading...  I use an unique combination of tools including order flow, timing blocks and key levels for entering and exiting.  So with discipline and patience... comes precision.

Since my Tools are very responsive to Market ebb and flow,  I watch a 1-minute chart continuously and reference a larger time frame throughout the session.  I show the price areas on the larger time frame at the beginning of the day I expect price to target before switching over to the 1 minute chart.

It's easy to assume because I use such small time frame that I take a lot of trades each day.  However, that would be a wrong assumption.  I take the best trades each day, so if the Market is rotating nicely, we will take several trades. Otherwise, we will attempt to trade into any trend move that may develop. 

   The one thing many traders attempt to do and usually destroy their account in the process is... catching tops and bottoms. With my custom tools, we often catch a top or bottom with precision.  However, I do not recommend a new trader practice this until they have observed our tools for several weeks.  So I usually teach a more "confirmed" approach that gives up very little of a beginning move that new traders can implement. My Tools are very visual and very intuitive.

Please remember:  This is active day trading the S&P e-mini, therefore you need to be available between 9:20-11:45am EST Monday-Friday.  Of course, if there are days you cannot be in the trading room, that is your prerogative.  On days when important News is released, being in the room around 8:20am EST can be advantageous.  I often start my software around 8am (EST)  *And for those who want to spend all day trading, I leave the software running for your benefit.

Note: There are no long-term commitments.  Also this opportunity is for individual day traders with single accounts.  Professional large-funded traders are excluded for the sake of guaranteeing our fills.

1) Having the right Tools... then wrestling with your own emotions.  It's very difficult to be a successful trader if  a) you can't handle loss well and  b) you consistently neglect to use a stop-loss in order to avoid a 'loss'.   No one likes to close out the day with a loss.  We like the feel of winning and profiting from each trade.   Although I maintain a very high win/loss ratio, experienced traders know a few losses are inevitable.  Allowing emotions to affect trading discipline and psyche will hinder account growth. 

   Statistically, using a stop-loss consistently... could mean fewer winning trades if our entry is not precise.  BUT it can also keep us from having a huge devastating LOSS.  So traders you have to make a decision!  Which path will you take?

   The path of those who consistently use a stop-loss and have a steady climbing equity curve or someone who is lax in this area... who can also have a quick and robust equity curve, but with large draw-downs along the way which may devastate your account at some point.  So pick your path!

 *The better you become at picking the right locations to enter the market, the better trader you become.

2) You need money... (your own or a funding company's)

It doesn't take a lot of money to trade the micro- ES. ($50 margin) or  ($500 margin for the e-mini) depending on your broker.  However stated, brokers also have a minimum opening account size requirement.  Bottom line: Your goals will determine your account size.  

Tip:  I would advise against the urge to fund your account too soon.  It will draw your attention away from learning to earning and usually... in this case, most traders experience more loss than necessary because they are not ready to trade real money yet.

    When you are ready, my recommendation would be to have a minimum of 4,000 US to trade.  I'm only thinking of this from a cost effective standpoint. However, if you only trade micros while you develop the skills to trade well, then your main concern is not the subscription cost as that could be viewed as tuition while learning.  If you have been willing to pay money to go to college or trade school, what's makes you think this is any different? 

If your interest is to earn well while you learn,  I suggest starting with $7,000 or more.  *More money should not be seen as a license to exercise less discipline and risky positions , but as an option to take advantage of potentially more opportunity.

Your other option is to qualify for a funded account. 

I've known individuals who said they didn't have any money, only to find ways to get money once they've had the experience to trade with me.  

They recognized the opportunity.  In addition, there are a number of companies who will now fund you on favorable terms. (Money you do not have to pay back IF you can prove to them you can actually make money)  

3) There should be a consistent pursuit to be a better trader.  However, if you think finding something better or refining your tools every time a loss occurs is the solution... you may be distracting yourself from the real reason you're losing.  In most cases, traders lose big because they neglect to use proper money management... and lose more often because they are not patient. 

   Even with incredible tools, it's easy to think the problem lies elsewhere... when the problem is not the tools, but in our lack of proper money management or utilizing discipline and patience.  Granted, for some traders it may be poor tools + poor money management and undisciplined trading. 

       How can such a person ever be consistently profitable with such odds stacked against them? 

                           Join our room to see a difference in the outcome! 

                Give yourself 90 days and I see a bright future ahead of you!  

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   ~If you need a practice account with Live (real-time) data or would like to be funded, then please choose one of the companies who offer such service.

*I have no recommendation for a funding company.

For those who desire to simply use a good broker who will offer competitive fees, then consider IronBeam.  Speak to Raymond. He has stated a willingness to offer my customers a good fee structure.  *I do not receive any compensation for this recommendation.  

Please remember you need real-time data to participate in my trading room.  So if you decide to go ahead and open a future's account so you have access to the live data and a demo platform, then feel free to do so.  

However, you should wait until you are very comfortable and competent utilizing my Tools before committing real money in your trading! 

Note: Do not send an email (asking questions) before thoroughly reading over the content found on this site.  If you are too lazy to do that, you will never make it as a successful trader. Besides, I've made it a point to answer every relevant question you could ask here, or in my trading manual... and will be covered once again after you attend my room.  *If you don't think it will be covered by those three avenues, then please send an email.

       Here's wishing all of us many weeks, months and years ahead filled with successful trades! 

You should understand the below terms and how to place the correct orders quickly in your DOM.  We will use these terms frequently in the trading room. 

Sell/Short- If we place a SELL order (For new entry) we are expecting the Market to go down.

Buy/Long- If we place a BUY order (For new entry) we are expecting the Market to go up.

Offset- Means we currently have a position in the Market and by "offsetting" we are closing that position.  So if I am currently Long (meaning I placed a buy order earlier), then I need to place a sell order to offset the buy order.  Once the sell order is filled, I would be flat the Market... meaning I have no position now.

Exit- This word can mean the same as offsetting, meaning we are closing our position, thus exiting the Market.  (Closing out- a trade means the same.)

Enter- Means we are entering or prepared to enter the Market.

Reverse- Means we are reversing our current position in the Market.  If you click the reverse button on your DOM, it will automatically exit your current position and enter the Market going in the opposite direction with an equal amount of lots or contracts.

Limit order- Means we are entering the Market at a limit price.

Market order- Means we are entering the Market immediately.

Stop order- Stop orders are usually utilized to protect a position against loss, but can also be used to enter the Market.

The process of trading futures is not complicated. We can either sell or buy to enter a position with the click of the mouse and another click to exit... all within seconds or minutes.  The skill is learning when to click the mouse.  You will learn this in my room.

• Besides understanding and utilizing 'Market Relevant' tools, you will discover that _(mental)_ preparedness and your _(mental)_ state will have more to do with your success than any other single thing.
   
• You will discover that your _(emotions)_ will be your biggest enemy when it comes to trading successfully.
   
• Applying the right _(strategy)_, _(information)_, _(tools)_ and _(money management)_ is critical and necessary if you are to succeed long term as a day trader.
   
• There is no way you are going to have lasting _(success)_  without confidence and understanding the auction process. Without _(both)_ you’re not going to take decisive action time and time again.   Note: It's difficult to develop confidence if you have inferior or irrelevant tools.
• Prepare your mind and develop the skills so you do not have to rely upon PHD (or luck). (Prayer, hope and despair)

• REMEMBER our DPP (D+P=P) motto: Discipline, Patience and finally Precision. 

● Take it from a complete beginner. The principles, tools, and Trading Room that Red Diamond Trader offers will provide you with everything you need to be a successful trader.   Jonathan C.

● RDT has engaged his many years of trading experience to create a chart with strategic precision. He includes the essential tools for entry and exit strategies while eliminating clutter. His program includes a manual he developed describing the use and function of each tool.  He hosts his own training room which is a clean, fun, and educational environment.  I am thankful for the opportunity to work remote which enables me the time freedom to support my husband's pastoral ministry in a growing, thriving church.  Wendy S.

*To those visiting my site, I've yet to go "public" with my services. I've spent the last few months training, getting feedback from a few amateur traders and refining my Tools so the process of learning is as effective as I can make it for new traders.  Soon I will place a promotional video on YouTube.

However, if you want to get started right away, you're welcome to join now.