6 months TopStep 50K Net Profits

Discussion in 'Journals' started by Sekiyo, Feb 6, 2020.

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  1. Overnight

    Overnight

    It was a cash treasury holiday today.

    Everything will be back in sync tomorrow.
     
    #521     Oct 14, 2024
    Sekiyo likes this.
  2. Sekiyo

    Sekiyo



    C’mon Padu ! We can do it.
     
    #522     Oct 15, 2024
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  3. Sometimes clicking the "like" button isn't quite enough - just wanted to say that I wholeheartedly and unreservedly agree with every word of that,
     
    #523     Oct 15, 2024
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  4. padutrader

    padutrader

    i wonder if TST us to
    if i trade with what Brooks says with what stops he says i can lose two trades before i blow my combine.
     
    #524     Oct 15, 2024
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  5. Sekiyo

    Sekiyo

    On a technical note about TopStep.

    upload_2024-10-15_14-39-22.png

    No Max Daily Loss for TopStepX users anymore.
    But I use SierraChart and we can't change once we pick our platform.

    upload_2024-10-15_14-41-41.png

    That's not a big deal but ...

    upload_2024-10-15_14-42-12.png

    Which means ...
    I have a 50k account with a max daily loss of 1,000$,
    If I grow the Express Funded Account to +10,000 while risking 10% (+1,000) per day,
    Then I won't be able to "scale" or risk more than the default 1,000$ daily loss.
    + they take 10% after the first 10k withdrawal
    + the account is limited to 5 contracts

    Therefore I might not withdraw 50k (46k) from TST but only 10/20k then trade on my own.
    Still need to have 30 days > 200$ (~3months?) to be able to withdraw 100% of the account.

    That's the plan.
    Let's see.
     
    Last edited: Oct 15, 2024
    #525     Oct 15, 2024
    Darc likes this.
  6. Sekiyo

    Sekiyo

    The only option is to trade the micros :/
    Because losing 2 trades in a row is ... going to happen ?

    Or try to lose less on a trade by trade basis.
    A 5points stop is legit. It's 250$.

    That's 8 trades until you blow up a 2k account.
     
    Last edited: Oct 15, 2024
    #526     Oct 15, 2024
    Darc likes this.
  7. Sekiyo

    Sekiyo

    13pts overnight range o_O

    Bought 11.25
    Out -1.25

    Sold 12.75
    Out BE (-1.00)

    No news incoming ...
    Going to wait for some move ...

    Bougth 10.5
    Bought 9.5
    Sold 11.25
    Sold 11.25

    Going to call it a day.
    PA is shit

    +1.25 for the day ...
    Let's call it flat.
     
    Last edited: Oct 15, 2024
    #527     Oct 15, 2024
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  8. padutrader

    padutrader

    i shifted to gold...

    so far so good.

    i found gold moves better maybe because it is not based on movements of 500 companies.

    or maybe it is only today-one day i mean
     
    #528     Oct 15, 2024
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  9. padutrader

    padutrader

    it has been happening to me

    very costly way of learning.

    but thinking the Brooks way is working even though i only got the course for a day.

    i am thinking exactly the way Brooks says to think.

    i doubted him till now but now i am going to trust in him blindly
     
    #529     Oct 15, 2024
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  10. p0box4

    p0box4

    I got an email if I wanted to increase my DLL while I was still in the XFA.
     
    #530     Oct 15, 2024
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