
Good photometric precision is necessary before we will have a realistic chance to detect planetary transits. What does this mean?
Our light curves are composed of many data points, each of which represents a single measurement for a star's brightness, or magnitude (there is one data point per exposure). Inherent to each data point is an uncertainty in how well it measures the stellar brightness. We call this the photometric precision.

To be detectable, a transit must dim the star sufficiently so that its light curve shows a drop that is distinguishable from random noise. There are different detection thresholds for individual stars because they all have different brightnesses. Also, the brightest stars can be measured to the best precisions. Furthermore, the amount of diminution depends on the type of star being transited and the size of the transiting planet. A larger planet will block a larger fraction of a star's light while a planet of a given size will block a larger fraction of a small star's light than it would a large star. Consequently, the easiest planets to detect by transits are large planets orbiting small stars.
The size of a star depends on its mass and stage of evolution. Most stars seen with the unaided eye at night are low-mass dwarf stars like the Sun, commonly known as Main-Sequence stars. The same is true for most of the stars we observe through the telescope in our search fields. In the figure below, we plot curves showing the diminution in percent of a star's total light due to a transit by planets of 3 different sizes versus the type (size) of star that they transit.

Currently we can detect the transits of Jupiter-sized planets across many types of stars and transits of Neptune-sized planets across M dwarf stars.