Well, let's see...if I had a slew of clients who paid me for market analysis, I'd gradually accumulate positions in stocks and then I'd announce an upgrade or downgrade depending on where I needed price to go
is this why the OP has decided to quit posting after only a few days? how can he tell potential clients now how easy it is to trade if he failed at 4 combines in a row, with fake money? vendors.... <iframe width="640" height="360" src="http://www.youtube.com/embed/vIMwMsY0ndo?feature=player_detailpage" frameborder="0" allowfullscreen></iframe>
His website is still there and his public trade logs is up to date. In fact, I just read his public trade logs at his website and they are up to date with him and his clients posting real-time trades along with price action commentary. In addition, he's still showing his broker statements (not the TST combine stuff). I do remember seeing somewhere here at ET austinp saying the combine is a distraction from what he does with his trading involving that paying client chat room. Yet, he said in this thread the combine (if passed) with give him access to other business opportunities with TST as if he was implying he's looking for something more than just being funded. Anyways, seems like a tough thing he's trying to do...keep his obligations with his paying clients /w chat room while at the same time doing the combine. Maybe he finally realize he can only do one and not the other instead of trying to do both at the same time. Yet, didn't he say somewhere he would put aside his website stuff to fully concentrate on the combine ??? 1) That's not the OP 2) That's not a vendor 3) That guy bounced back in his trading and is still around (he's an ET member) but post very rarely as always even before that big blowup. Edit: By the way, there's another video on Youtube of another guy losing 173k while trading the Emini ES but he didn't get crazy like the Highprobability guy. Anyways, that guy too bounced back and posted another video after taking 3 days off from trading to calm down...in that video he made back his entire loss plus another 105k in profits. I think his broker was Global.
I know, all you had to do was look at the prices. this was years ago. sorry, it was a bad attempt at humor. ET is good comedy; tried to add. I guess failed. oh well
I see it's back up. Have never seen a clearinghouse-broker produced statement on his website or a representation that he trades real money. I do see fill logs that could be real money or a demo or sim account.
I think he use to post that stuff too at his website. Yet, he did post such here at ET a few times but some folks said he was cherry picking instead of showing every day of the year. At least one thing you know for sure...the combine is simulator and he's not posting any info for the past few trading days here at ET.
I am sure he focused on the paid chat room instead of combine results because of the opaque nature of the chat room. time stamps, less than 100% information told, excuses, more excuses, and then tell them how great his system is... versus his system failing in the combine, 4 times. not good for business. that won't help pay the mortgage.
I actually doubt that. Being profitable in real life is not guarantee for passing. What most people don't realize that the Combine is a special obstacle with special (and perfectly stupid) rules. But it is what it is. What is important though that an otherwise profitable person can easily blow it or just not able to pass it due to the unreasonable rules. So what a Combine candidate should do first is to change his style according to the rules and parameters and see if that works for him. What usually happens to Austin is that he isn't content with making 5K (let's say) because that doesn't let him pass his chosen Combine, so he has to swing it. And when he swings it, he blows it. Just my guess but this happens to many other Combiners... --------------------------------------- Let's use the analogy of jogging and the Combine just to see the difference between being profitable and passing the Combine. Let's say I am a good jogger on my own terms. When I choose my own route (uphill, downhill, rain, heatwave) I can run easily for 3+ hours. But when I am trying to enter a marathon with its special (and not so favorable) routes and who knows what kind of weather and time limits, it is possible that I have to give it up half way and not being able to finish. That is how doing the Combine and your real life trading differ....