In today’s markets,change is the only constant. Price volatility, shifting economic indicators, unexpected news, and institutional moves create an environment where traders must adapt—instantly and intelligently. For the unprepared, this frequency of change leads to inconsistency, emotional decision-making, and often, capital loss. For the informed and system-driven trader, it opens the door to opportunity.
That’s where the NeverLossTrading (NLT) Timeless Day Trading Concept steps in—engineered not just to survive change but to thrive in it.
Understanding the Frequency of Change in Today’s Markets
Market dynamics today are driven by an amalgamation of:
High-frequency trading algorithms
Macroeconomic uncertainty
Rapid shifts in investor sentiment
Real-time global news impact
This produces non-linear price movements, where standard time-based candlestick charts often fail to provide clarity. A 5-minute candle can be packed with movement in volatile periods and dead quiet in calmer sessions. For day traders, this results in missed entries or false signals.
Why Time-Based Charts Fail in High-Frequency Environments
Traditional time-based charts (1-minute, 5-minute, etc.) assume a constant pace of change—but markets don’t operate on a schedule. Some days the first 30 minutes are packed with 80% of the day’s activity; others, momentum doesn’t build until the last hour.
Here’s what traders encounter:
Overtrading due to false signals during low activity
Lagging indicators not aligned with price momentum
Emotionally driven exits when time-based stops are hit too early
The NLT Timeless Chart: A Volatility-Adjusted Solution
The NLT Timeless Concept adjusts not to time, but to price action and volatility, aligning the chart with meaningful moves, not arbitrary minutes. This concept utilizes custom tick sizes that adjust to current volatility—creating more reliable setups that reflect real buying and selling behavior.
Benefits include:
Fewer but more accurate trading signals
Better alignment with institutional activity
Easier identification of trend confirmation and exhaustion
Smarter entries at turning points or breakouts
Example Chart #1: E-Mini S&P 500 Futures Day Trade
The chart demonstrates, in a real-time example, how we traded one of the high-probability setups in our NLT Red Zone: the NLT Euro Channel Break. We shorted the market when the price dropped below the channel border and did not trade the prior sell signal, because the border was in the way of bringing that trade to target. We follow clear-cut rules that are all documented and taught in one-on-one training and coaching sessions.
The trade yielded a return of $325, involving the trading of one contract.
Adapting to Market Change: The Core of the Timeless Concept
Every trading day is different, and NLT traders adapt by:
Monitoring tick movement across assets
Rebalancing their chart settings when movement frequency shifts
Using signal-based setups like the NLT Light Tower, Delta Force, and Top-Line to guide entries and exits
This creates a dynamic approach that grows with the market instead of reacting after the fact.
How to Trade for a Pre-Defined Income Budget
Unlike aimless or goal-less trading, the NLT method encourages setting a daily or weekly income target and reverse-engineering trades based on:
Risk tolerance per trade
Position size
Expected SPU (Speed Unit) from entry to target
Time availability
Example: A trader targeting $300 per day using the E-mini S&P 500 (ES) at $12.50 per tick would need to capture 24 ticks, which can realistically occur in 1-2 trades per day using the Timeless system. With defined entry, target, and adjustment levels, the trader operates on a rule-based approach, not emotion.
The following example shows how to trade crude oil futures at NLT red zones, which occur multiple times during the day. We share the afternoon opportunity and a morning trade. You will easily spot how those signals are confirmed in the price movement of the next candle and come to their system-set target (dot on the chart). We execute trades with bracket buy-stop or sell-stop orders with a system-defined target and stop. This is how you can let the price move come your way, and the order is automatically executed.
Example Chart #2: Crude Oil Futures (CL) Timeless Setup
Why Futures Are the Ideal Instruments for NLT Timeless Day Trading
1. E-Mini S&P 500 (ES)
High volume and liquidity
Tight spreads
Relatively low tick cost per contract
2. Crude Oil Futures (CL)
Volatile and fast-moving
Clear reaction to news/events
Ideal for breakout and reversal plays
3. Gold Futures (GC)
Strong technical patterns
Good hedge against inflation and macro moves
Reacts well to global uncertainty
All three markets support precise execution, scalability, and are available on major platforms with low commissions and tight margins.
Consistency Comes From Structure
The greatest enemy of consistent trading performance is emotional, reactive decision-making. NLT’s rule-based system teaches traders:
When to enter and why
When to exit at a target or adjust based on structure
How to identify valid setups and ignore noise
The value of not overtrading during ambiguous conditions
Example Chart #3: Gold Futures
The gold futures chart shows three trading opportunities in a row, all of which came to their system’s set target, yielding $500 return per trade.
Conclusion: Master the Frequency of Change with NLT Timeless Trading
Markets will keep changing. Volatility will rise and fall. The frequency and speed of moves will continue to evolve—but your trading doesn’t have to feel chaotic.
With NeverLossTrading’s Timeless Day Trading Concept, you’re equipped with:
A strategy that adapts to the market—not the clock
Entry, exit, and adjustment levels designed for consistency
Daily income potential with limited and defined risk
A professional path to replacing randomness with rule-based confidence
Day trading, with its promise of quick profits and adrenaline-fueled action, has captivated the imagination of traders worldwide. However, success in day trading requires more than luck and instinct; it demands a robust strategy backed by reliable tools and indicators. In this article, we will explore the art of day trading and how the innovative NLT Timeless concept can revolutionize your approach to the markets.
Understanding Day Trading
Day trading involves buying and selling financial instruments within the same day to profit from short-term price fluctuations. Hence, day trading requires swift decision-making and precise timing.
Challenges of Day Trading
Day trading presents several challenges: volatility, market noise, and emotional decision-making. Traders must navigate these obstacles while executing trades quickly and efficiently. Moreover, the fast-paced nature of day trading can amplify the impact of emotions such as fear and greed, leading to impulsive actions and costly mistakes.
Introducing the NLT Timeless Concept
The NLT Timeless concept is a revolutionary approach to day trading that leverages advanced algorithms and proprietary indicators to identify high-probability trading opportunities. Unlike traditional time-based charts, which plot price movements against time intervals, the NLT Timeless concept focuses on price increments, providing a clearer picture of market dynamics.
Key Features of the NLT Timeless Concept
Enhanced Precision: By capturing price movements in increments rather than fixed time intervals, the NLT Timeless concept offers enhanced precision and accuracy in identifying momentum price moves and reversals.
Reduced Noise: Traditional time-based charts often suffer from noise caused by fluctuations in trading volume and volatility. The NLT Timeless concept filters out this noise, allowing traders to focus on significant system-defined price movements.
Dynamic Analysis: The NLT Timeless concept adapts dynamically to changing market conditions, ensuring that traders stay ahead of the curve and capitalize on emerging opportunities.
Real-time Insights: With real-time indicators and analysis tools; traders can make informed decisions quickly and confidently without being overwhelmed by information overload.
Benefits of Using the NLT Timeless Concept in Day Trading
Improved Timing: By focusing on crucial price turning points, the NLT Timeless concept helps traders enter and exit positions precisely, maximizing profit potential.
Enhanced Risk Management: The NLT Timeless concept provides clear signals for stop-loss and take-profit levels, allowing traders to manage risk effectively by acting on increments that bring risk and reward in an always acceptable relation, often not a given by time-based decisions.
Greater Consistency: With its systematic approach to trading, the NLT Timeless concept helps traders maintain discipline and consistency in their trading decisions, reducing the impact of emotional bias.
Expanded Opportunity Set: The NLT Timeless concept enables traders to diversify their strategies and capture broader market movements by identifying trading opportunities across various price frames and asset classes, allowing decisions at multiple price increment levels.
Examples
NLT trading decisions are based on a couple of rules, and we best start when not to accept a signal:
In an NLT Purple Zone, because of the ambiguity of price direction.
When an NLT Box Line cuts the way to target short, indicating supply or demand levels.
There is no entry at the exit level of the prior signal.
We enter a trade when the spelled-out buy> or sell < price threshold is ticked out in the price development of the next candle. If this does not happen in the price move of the next candle, we will delete our order.
The trade target is highlighted by a dot on the chart and specified by the system.
We now take a recent example for the E-Mini S&P 500 Futures Contract on April 8, 2024, between 3 a.m. and 1:30 p.m. EST, highlighting and discussing eight trade situations.
E-Mini S&P 500 Futures Contract April 8, 2024
Situation-1: A confirmed short signal came to target two after two candles, and we do not consider the second signal on the way down (down moves are framed in red, up in blue).
Situation-2: A confirmed long signal needed five candles to reach the system set target.
Situation-3: A confirmed short signal came to the target.
Situation-4: A dashed NLT Box Line cuts the way to target short, and we do not accept the trade.
Situation-5: A confirmed long signal came to the target. All signals have their tops at the red dashed line, which was not infringed on the way to the target.
Situation-6: No trades in the NLT Purple zone and no trades at exit levels.
Situation-7: A confirmed short signal that reached its target.
Situation-8: A confirmed long signal came to the target, and we did not consider the next signal after the trade initiation candle.
We do not always claim to have all winning trades, but we have high probability setups above 68%.
Crude Oil Futures Contract April 8, 2024
Seven trading opportunities, six worked, and one failed, accepting NLT signals mechanically.
Here is the spotlight for gold futures on the same day:
Gold Futures Contract April 8, 2024
We could add countless examples but offer you the chance to meet in a live online session to count the good and bad trades and enter the NLT Timeless High Probability Trading world.
To stay informed about our free trading tips, subscribe here.
Conclusion
Day trading can be rewarding for those with the right tools and knowledge. The NLT Timeless concept offers a unique and powerful approach to day trading, providing traders with the insights and confidence to navigate the markets successfully. By mastering the principles of the NLT Timeless concept, traders can unlock the full potential of day trading and achieve their financial goals with greater consistency and efficiency.
All our teaching and coaching is one-on-one; hence, spots are limited, and you do not want to miss out.
Day trading, with its potential for quick profits and rapid market movements, can be alluring and adrenaline-pumping. However, without a well-defined plan and a specific budget in place, it can lead to overtrading and financial pitfalls. This article will explore why day trading with a plan and adhering to a weekly budget are essential for success and how the innovative NeverLossTrading approach can amplify your trading journey.
Setting the Foundation with a Plan
Day trading without a plan is like navigating uncharted waters without a map. A solid trading plan is your compass, guiding your actions and decisions in the market. It outlines your trading goals, preferred markets, risk tolerance, entry and exit strategies, and more. With a plan in place, you gain clarity and direction, allowing you to approach each trading session with a focused and strategic mindset.
We developed systems, indicators, and strategies to act at crucial price turning points that will lead by a high probability to directional price moves with:
System-specified price thresholds to enter trades so that you can operate with buy-stop and sell-stop orders in the development of a price move
Forecasting high probable exit points where your trades close with limit-orders
Set risk/reward-adequate stops to bring your trade to target and not violate risk acceptance rules
Multiple indicators confirm crucial price turning points, increasing the probability of success by combining strong price move indications with channel breaks and no hindrance to the target.
Unfortunately, many who see the potential in day trading never learn what it takes to be successful and harm their trading accounts.
Day Trading Success Variables
What is Needed
Why 76% Fail
Focus on crucial price turning points where buyers take over from sellers or vice versa, considering the overall price pattern: A high-probability systemforecasts future price actions at or above 65% with bar-by-bar indications. The statistical likelihood at a 65% chance of winning six or more out of ten trades is 75%
Acting spontaneously, not considering overall price patterns, and either working with a low probability system, below 55% accuracy or deciding nonfact based to take trades. In essence, the likelihood of winning six or more out of ten trades is 50.4% or random
Acceptable risk and reward relation. We could write a long paragraph, but your system needs to give you a solid forecast of likely price moves from entry to target and dimension the stop so you have a chance to close the trade in your favor
Allowing a high-risk tolerance is not a success principle; individual failures will drag down prior attainments, resulting in a negative balance. Opposite, when one only allows a tight risk tolerance, it constantly triggers stops, and nothing gets achieved
Trading is all about risk control and understanding that underlying securities’ price action at certain times of the day is riskier than at others
Novice day traders neglect time-based happenings and transact when they have time, not when the market best allows
Following a trading plan that specifies when to trade, when not, and how often
Frequent transactions without following a defined concept and plan
A simple trading plan includes two components:
Which situations or chart setups will be favored
How often to transact to achieve a set goal
Most traders strive for a positive winning average and take a high emotional toll when they face a losing streak. After four losses in a row, most people have no more confidence in their system and interact with trades instead of letting them come to system-specified targets.
Losses take a high emotional toll, often leading to unstructured trading decisions. Therefore, we want to introduce you to a strategy to minimize the maximum possible loss while striving for a specific set outcome.
Let us pick day trading futures as an example. To get started, we work with you to achieve a pre-specified target of $1,000, trading one futures contract of /ES (E-Mini S&P 500). Depending on your broker, the required capital to apply this trading principle ranges between $500 and $12,000.
When you reach your weekly budget goal, you fold your trading activities. Then, after successfully producing the desired return for multiple weeks, you can scale up by adding contracts.
With the help of your system, you specify high-probability setups, considering multiple evaluation points instead of just taking every opportunity on the go.
Your focus and effort are on a sound appraisal process rather than action-oriented trading.
As a day trader, you need to know daily economic news events that can impact the price action of the underlying instrument of your choice. We help our subscribers by announcing them daily on our Telegram Channel. To get you in the groove, we invite you to join our channel and stay updated with the overall market sentiment and when vital events may impact the market (this link will only be active in the short term).
NLT Day traders learn to consider time-based channels, where critical price points attract or reject evolving price moves. As a special offer, we will include those channels for all new subscribers (the offer ends on Memorial Day 2023), regardless of the systems chosen. This concept aims to find situations where strong system indications announce a potential price move, and you only carry out trades at channel breaks, increasing the likelihood of success to 70%.
Following our principle, a few trades help you to achieve the weekly goal. Hence, selecting your trades well when confirming indications increases the likelihood of success instead of risking your money at mediocre setups.
We best share time-based price channels by adding chart examples of the week of July 17, where we took four trades and did, with one transaction on Monday, Tuesday, Thursday and Friday.
Overtrading, driven by emotions and the urge to capitalize on every market move, is a common pitfall among day traders. Setting a specific weekly budget acts as a safeguard against overtrading. You avoid emotional decision-making and stick to your trading plan by allocating a predetermined amount for each trading week. This disciplined approach protects your capital, reduces the risk of significant losses, and fosters a long-term view of trading success.
With our systems, there are rules to learn. As in the cockpit of an airplane, you will learn to read the charts and act along with them, letting the chart tell when to buy or sell.
In the following example, we will share a channel breakout trade for the E-Mini S&P 500 futures contract. Indeed, our indicators also work for other assets like stocks and FOREX. If you want to see how they perform life:
In the example above, we combined the signal: Buy > $4561.75 with the break of the red channel and went long in the underlying instrument. The transaction was open for about 18 minutes and closed on the system-set target for a return of $300 per contract.
Considering the rules of a series, we regularly stop trading an instrument after the first win. Why that?
We apply statistical reasons when you play a game with a 70% likelihood of winning; having two winners in a row has a likelihood of 70% x 70% = 49% or a 51% chance of losing the second trade.
Hence, as smart traders, we take our profit, settle on the instrument, and find time to do other things while striving for our weekly income budget.
/ES July 20, 2023, Day Trading Example
The chart shows two potential trade situations:
Sell < $4582, which we did not accept, in fear of the price movement to target (dot on the chart), to be rejected by the channel border, which was not the case in the example, but we traded carefully.
Buy > 4579.80 penetrated the channel, and we took the opportunity to set the system target (dot on the chart).
The transaction was open for about 40 minutes and produced $250 per contract.
Following the rule of a series, we closed /ES trading for the day.
So far, the week yielded $287.50, $300, $250 = $837.50 per contract, and we needed one more trade to achieve the set budget.
/ES July 20, 2023, Day Trading Example
Buy > $4572.3 was confirmed in the price movement of the next candle. To aim to the gray channel border and keep risk and reward in a meaningful balance, we placed a limit order filled at 10:43 a.m. ET. The transaction auto-closed in about four minutes for a return of $200, achieving the set budget for the week, acting at crucial price move indications in combination with channel trades.
Our budget-focused approach allows traders to manage trades with precision while preserving capital, and you are not required to spend countless hours in front of the screen. NeverLossTrading incorporates advanced charting software, real-time market data, and comprehensive analytics, empowering traders with deep insights and accurate decision-making tools. By leveraging technology, traders gain an edge in a fast-paced market and can confidently execute trades that align with their predetermined plan. Day trading with a plan, adhering to a weekly budget, and incorporating NeverLossTrading as your ally set the stage for long-term success. Patience, discipline, and continuous learning are the cornerstones of a trader’s journey, and NeverLossTrading reinforces these values by instilling a systematic and methodical approach to trading.
Conclusion
Day trading is a high-stakes endeavor that requires a strategic approach to achieve consistent success. By developing a well-defined trading plan, setting a specific weekly budget, and incorporating NeverLossTrading’s innovative techniques, day traders gain a competitive edge and protect themselves against the pitfalls of overtrading. Remember, planning, discipline, and embracing the NeverLossTrading advantage are your keys to unlocking the path to long-term day trading success. Start your journey today and pave the way for a rewarding and profitable trading future.
Our Offer
We help our students simplify technical analysis by providing a holistic approach that combines chart patterns, trend analysis, and market indicators. Traders are equipped with practical tools and methodologies to identify high-probability trade setups, helping them make informed decisions based on market trends and price action.
Executing trades at the right time and price can be challenging, especially in fast-moving markets. NeverLossTrading offers techniques for precise trade entries and exits, allowing traders to capture optimal returns. With its focus on high-probability setups and systematic approach, NeverLossTrading helps traders improve their trade execution and timing, maximizing their profit potential.
The financial markets are dynamic and ever-evolving, requiring traders to stay updated and continuously learn. NeverLossTrading promotes a culture of continuous learning, providing educational resources, webinars, and personalized mentoring. Traders gain access to a wealth of knowledge and expertise, empowering them to adapt to changing market conditions and enhance their trading skills.
Trading challenges are an inherent part of the financial markets, but with the solutions offered by NeverLossTrading, traders can overcome these hurdles and thrive in their trading endeavors. By addressing emotional biases, providing effective risk management techniques, simplifying technical analysis, optimizing trade execution, and fostering continuous learning, NeverLossTrading equips traders with the tools and knowledge needed for success. Embrace the solutions provided by NeverLossTrading, and embark on a journey toward consistent profitability and trading excellence.
To succeed in trading, you best work with an experienced coach. Our #1 competitive advantage is the support and customer service we offer. Veteran traders have been through more ups and downs than you can imagine. So, experienced pros have probably experienced whatever you’re going through. If you are ready to make a difference in your trading: We are happy to share our experiences and help you build your trading business. Trading is not a typical career, and you best learn from those who are long-term in this business to cope with the rollercoaster of the financial markets. We are here to help and provide feedback on what you might be doing right or wrong. Strive for improved trading results, and we will determine which of our systems suits you best. The markets changed, and if you do not change your trading strategies with them, it can be a very costly undertaking. Hence, take trading seriously, build the skills, and acquire the tools needed. Trading success has a structure you can learn and follow.
Thomas Barmann (inventor and founder of NeverLossTrading)
We had an up-trending market for more than ten years, but this changed in 2022 when the market started to go down and moved sideways. In such an environment, longer-term buy-and-hold does not yield desired returns; shorter-term strategies are the better choice:
Day Trading
Swing Trading
Last week’s article explained how to swing trade with the NeverLossTrading Concept, and we do not want to repeat the same message; if you are interested in holding positions for multiple days, please check for our concepts here.
Day trading is when a trader buys and sells securities on the same day. However, more than 76% of short-term traders lose money; hence, knowing how to day trade is not generic, and we want to assist in applying suitable strategies. If you do not believe this number, we are happy to back it up:
Before we dive into the topic, let us give a short stock market overview of the S&P 500 based on SPY (ETF), and you see an expanding purple zone (directional price ambiguity), reaching from the week of 1/16/2023 to today (May 12, 2023). Hence, we do not want to commit to longer-term trades when institutional investors do not: We follow the market and trade what it allows.
Institutions have better tools for analyzing the markets
They have more insights than private investors
We do not have an edge in competing for knowledge
However, we have an edge:
By the size of their investments, they need to scale in and out of potions, and our indicators find changes in supply and demand that lead to a high likelihood of directional price moves
We copy their action and gain an edge by opening and closing entire positions faster than they can
Day trading is one way of participating when we have no longer-term commitment, and it has several advantages, including:
Potential for high returns: Day traders can earn high returns on their investments by taking advantage of small price movements within a single day. The high percentage of failing day trades follows a high participation rate, and we will share how to act differently.
Flexibility: You can earn your desired income in two hours from the comfort of your home instead of commuting and working eight hours for somebody else.
Control over investments: Day traders have more control over their investments than long-term investors, who always need to fear overnight gaps that can bring risk and reward of a trade quickly out of balance.
High liquidity: As a day trader, you best focus on highly liquid securities, such as stocks, futures contracts, or FOREX, where transactions close at the spot.
It’s important to note that day trading also comes with risks, including potential significant losses and the need for discipline and self-control. Therefore, it’s essential for traders to carefully manage their risk and develop a solid trading strategy to succeed in day trading.
Day Trading Success Variables
What is Needed
Why 76% Fail
Focus on crucial price turning points where buyers take over from sellers or vice versa, considering the overall price pattern: A high-probability system forecasts future price actions at or above 65% with bar-by-bar indications. The statistical likelihood at a 65% chance of winning six or more out of ten trades is 75%
Acting spontaneously, not considering overall price patterns, and either working with a low probability system, below 55% accuracy or deciding nonfact based to take trades. In essence, the likelihood of winning six or more out of ten trades is 50.4% or random
Acceptable risk and reward relation. We could write a long paragraph, but your system needs to give you a solid forecast of likely price moves from entry to target and dimension the stop so you have a chance to close the trade in your favor
Allowing a high-risk tolerance is not a success principle; individual failures will drag down prior attainments, resulting in a negative balance. Opposite, when one only allows a tight risk tolerance, it constantly triggers stops, and nothing gets achieved
Trading is all about risk control and understanding that underlying securities’ price action at certain times of the day is riskier than at others
Novice day traders neglect time-based happenings and transact when they have time, not when the market best allows
Following a trading plan that specifies when to trade, when not, and how often
Frequent transactions without following a defined concept and plan
Let us go bottom-up through this table:
Trading Plan
A simple trading plan includes two components:
Which situations or chart setups will be favored
How often to transact to achieve a set goal
We cover situations to favor under the topic: “Crucial Price Turning Points” and start with how often to transact.
Most traders strive for a positive winning average and take a high emotional toll when they face a losing streak. After four losses in a row, most people have no more confidence in their system and interact with trades instead of letting them come to system-specified targets.
Losses take a high emotional toll which often leads to unstructured trading decisions. Therefore, we want to introduce you to a strategy to minimize the maximum possible loss while striving for a specific set outcome.
Let us pick day trading futures as an example. To get started, we work with you to achieve a pre-specified target, like $1,000, trading one futures contract per week by selecting trade setups of three underlings, /ES (E-Mini S&P 500), /CL (Crude Oil), /6E (Euro/US-Dollar) for example. Depending on your broker, the required capital to apply this trading principle ranges between $500 and $12,000.
When you reach your weekly budget goal, you fold your trading activities. Then, after successfully producing the desired return for multiple weeks, you can scale up by adding contracts.
With the help of your system, you specify high-probability setups considering multiple evaluation points instead of just taking every opportunity on the go.
Your focus and effort are on a sound appraisal process rather than action-oriented trading.
2. Considering Crucial Times of the Day
As a day trader, you need to know daily economic news events that can impact the price action of the underlying instrument of your choice. We help our subscribers by announcing them daily on our Telegram Channel. To get you in the groove, we invite you to join our channel and stay updated with the overall market sentiment and when vital events may impact the market (this link will only be active short-term).
If you want to see everything unfiltered, check here.
Aside from time-specific news events, NLT Day traders should learn and consider time-based channels, where critical price points attract or reject evolving price moves. As a special offer, we will include those channels for all new subscribers (the offer ends on labor day 2023), regardless of the systems chosen. The idea behind this concept is: to find situations where strong system indications announce a potential price move and you only carry out trades at channel breaks, increasing the likelihood of success from 65% to above 70%.
Following our principle, a few trades bring you to achieve the weekly goal, as explained in point-1. Hence, selecting your trades well when confirming indications increases the likelihood of success instead of risking your money at mediocre setups.
We best share time-based price channels by adding chart examples. There, you will see yellow and green channels that indicate crucial upper and lower price points for the underlying instrument during the day. In the first chart, the action point we are looking for was reached when a candle closed outside the yellow channel with a price move indication (Floating, Sell < $1,0894): Floating indicates that the price broke out of a containment area and can free float for up to three price increments the system specifies. Unfortunately, the candle at the prior signal did not close outside the NLT Time-Based Channel, and of that, we neglected the indication; even so, it worked in the aftermath.
/6E (EUR/USD – Futures) NLT Timeless Chart, May 12/23
Here is an example of the E-Mini S&P 500 Futures contract.
/ES, NLT Timeless Chart, May 12/23
The price of the /ES started an intra-channel price move, where a strong signal pointed out a buying opportunity for the underlying. Finally, the system sets a target with a dot on the chart; however, the channel border builds such a strong price attraction point that you can expand your target to the channel border, increasing the profit potential.
You see underlying critical price channels highlighted in different colors because they occur at system-specific times of the day, which subscribers will learn about in our training and coaching session.
3. Risk/Reward
Time-based charts can show extended candles where it is hard for traders to find an entry that considers a system-set risk and reward relation. For example: if you trade with a 65% system, your maximum risk take should be 1.2 times the reward you are trading for. The 1.2 reward fits two purposes:
It allows a high likelihood for the trade to reach its system-set target
It produces a positive expectation value: 0.65 x 1 – 0.35 x 1.2 = 0.23. If you take two times the risk, the equation is negative. If you allow little risk, your trades rarely reach the target; they get stopped producing a negative expectation value: 0.2 x 1 – 0.4 x 0.1 = -0.12.
On our NLT Timeless Day trading chart, we use system-defined price increments to specify the start and end of every candle, helping you multifold:
Each setup is in the system-appropriate risk/reward ratio, which is often not given in time-based candles
Your entries and stops are less predictable by not following time-based patterns
You trade for meaningful minimum price changes of the underlying instead of being eaten up in volatility
The system produces multiple trading opportunities in the trading day for all assets.
Crucial Price Turning Points
To succeed in day trading, you are in need to act and follow a high probability system that specifies:
Price thresholds to enter trades, so you can operate with buy-stop and sell-stop orders before a critical price point is reached
Forecast high probable exit points where your trades close with limit-orders
Set risk/reward-adequate stops to bring your trade to target and not violate risk acceptance rules.
Let us share an example of the most recent NLT trade indications for the E-Mini S&P 500 Futures Contract.
The chart shows multiple trade situations, each spelling out a price threshold that led to a trade when surpassed in the price continuation of the next candle. Dots on the chart indicate trade targets. The stop shows by a red crossbar. In some instances, multiple indicators announced a strong potential price move.
We recorded the chart on May 10, 2023, between 8.30 a.m. and 2 p.m. ET.
E-Mini S&P 500 Futures on the NLT Timeless Chart
Now you can bring together what you learned, combining channel breaks with high probable setups, and contact us, if you want to be part of our special offer. In our examples, we focused on Futures trading; however, if you prefer day trading Stocks or FOREX, we can show you live what our systems can do for you:
NeverLossTrading is a trading education and software company that aims to help traders improve their performance and profitability in the financial markets by:
Personalized Coaching: in one-on-one sessions, you learn customized trading strategies that fit your unique needs and goals. This personalized approach can help traders better understand the markets and make more informed trading decisions.
Trading Software: NeverLossTrading offers proprietary software that provides real-time market analysis and trading signals. Our indicators are designed to help traders automate their trading decisions and execute trades with greater accuracy and efficiency.
Comprehensive Training: We provide extensive training and education materials to help traders learn the fundamentals of trading and develop the skills and knowledge necessary to succeed in the markets.
To succeed in trading, you best work with an experienced coach. Our #1 competitive advantage is the support and customer service we offer. Veteran traders have been through more ups and downs than you can imagine. So, experienced pros have probably experienced whatever you’re going through.
If you are ready to make a difference in your trading: We are happy to share our experiences and help you build your trading business. Trading is not a typical career, and you best learn from those who are long-term in this business to cope with the rollercoaster of the financial markets. We are here to help and provide feedback on what you might be doing right or wrong. Strive for improved trading results, and we will determine which of our systems suits you best. The markets changed, and if you do not change your trading strategies with them, it can be a very costly undertaking. The markets changed, and it can be expensive if you do not change your trading strategies with them. However, you can make a difference with the right skills and tools!
Hence, take trading seriously, build the skills, and acquire the tools needed. Trading success has a structure you can create and follow.
Thomas Barmann (inventor and founder of NeverLossTrading)
Schedule a private consultation
Email: contact@NeverLossTrading.com
Subject: Timeless Demo
