Registered: Aug 2012
Posts: 59

Cooltraderdude has begun a 10-Day Combine (http://www.topsteptrader.com/Combine). The account parameters are $50K / 5 lot buying power / $1K daily loss limit. Cooltraderdude has 30 calendar days to complete the 10-Day Combine.

Cooltraderdude's Combine objective is to profit $3,500 and follow the Scouting Criteria: http://www.topsteptrader.com/scoutingcriteria. If at the end of Combine he has met the Combine objective, he will be provided with a fully-funded trading account (no capital contribution required) http://www.topsteptrader.com/fundedtrader.

Cooltraderdude's TopstepTrader profile: http://www.topsteptrader.com/ViewPr...raderdude/0/p/0

On this thread, we will be posting his trade reports (this is normally private for all TopstepTrader recruits, but cooltrader has agreed to let us post his reports), cooltrader will also be keeping a journal of his Combine experience on this thread.

__________________
TopstepTrader is structured to educate, develop and fund traders. Learn more: http://www.topsteptrader.com/. Questions? Contact us: scouting@topsteptrader.com or +1-312-252-9858.

Registered: Aug 2012
Posts: 284

CoolTraderDude, great chat on the phone last week and looking forward to seeing how you trade in the next 30 days. Patience and discipline is key... Remember trade smart and always trade for tomorrow.

mp

__________________
TopstepTrader is structured to educate, develop and fund traders.

Tryout- Enter our Trading Combine

Learn more:
http://www.topsteptrader.com/

Questions?
Contact us: recruiting@topsteptrader.com or +1-312-252-9490

Trader Profile:
http://www.topsteptrader.com/ViewProfile/NEBRASKA/0/p/0

Registered: Dec 2007
Posts: 751

Allright...

Day 1 finished with -$150...

Had some issues with getting to know the platform but that's not the problem.

The problem is that I have to make $3500 to pass the Combine.

Assuming an average of $350 a day for 10 trading days this means that I'm actually down -$500... Due to the fact that I lost $150 and didn't make $350 today. That's just a rough way of looking at it...

So... Now I'm faced with a difficult choice... Go big or go home...! To have a chance at beating the Combine I need a big day tomorrow...!

My poker experience tells me that the more you fall behind, the harder it will be to beat the Combine. I have 9 trading days left in which to make $3650...

BUT here is the difficult choice... You have to take small losses and make big wins... If I trade bigger size the losses will get bigger as well.

Holding smaller size longer is another solution... But it's unlikely that I'll be able to pull off a $850 winner with just one lot...!

I'm looking at doing about 4 lots and waiting for a good opportunity in the market... I'll probably lose -$800 or I'll win +$800 on my next trading day.

Just some thoughts for now...

Registered: Mar 2002
Posts: 17325

Hey CTD, I think it would be helpful if you can give some background on your. How long you have traded and what you normal trade and what your success has been. Thanks.

Registered: Dec 2007
Posts: 751

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Quote from Maverick74:

Hey CTD, I think it would be helpful if you can give some background on your. How long you have traded and what you normal trade and what your success has been. Thanks.

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Registered: Mar 2002
Posts: 17325

If you are open to some criticism, I'll give you some. Or maybe we'll call these things "suggestions". One, the ES had a f*cking 3 handle range today. I have stated on these threads before that I think ES is bar none the worst trading product ever made sans 2008. If you want to do well in this combine, drop it! Two, the Euro's best trading is from 2am central time to about 9am. The earlier the better. After 9am the Euro has no flow. Again, going to be hard to make money. Three, you are seriously over trading. I'm going to seriously recommend you trade crude, bonds, gold or even the grains. Now before you tell you me how volatile these products are or you have never traded them before, let me remind you that this is EXACTLY what combines like this are for. It's NOT real money. Just my opinions of course.

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