Great news ! A guy in their Discord also told me we can request (email) to increase the maximum daily risk. But it’s not what’s written black on white
You can request it once you are in the live account, but the risk team will decide if they allow it or not, depending on your performance.
Yes but you said XFA. I don’t know … I believe since there’s no max daily loss limit on TSX then they might be compliant for other platforms ?..
I trade price action (HH,LL). I try to capture the immediate trend. Reversals mark new trends. However I skip counter trends (trends going against the higher timeframe trend). I try to catch reversals (Stop orders) or pullbacks (Limit orders). Even though I prefer pullbacks because there’s less risk but I miss some moves. I try to risk a fraction of the rewards with 50/50 probabilities. However I am not letting profits run. I’ll do some sim / demo trading just to exercise myself letting profits run. Here is my Bible Well done with your holy grail. You’ve doubled the account yesterday. Today also ?! WTF
Thanks About letting profit run best you can you is trade 2 contracts. Sell one contract at a profit. Since you can't know how far a trend will go you hold on the other 1 contract and see if it works. And honestly that's the best you can do because you really can't predict how far a trend will go. I've found that I've never been able to predict a trend and how far it will go. Just can only hope. But what you need to be sure is do you have a good setup and is there a timing signal. Hope this helps I know it may not because there's a lot of secrecy going on with trading.
But if you could show me a chart I would be able to help you better. And don't worry about me trying to steal your secrets. It's likely I don't really care. lol. I already have my own. If you like to you can private message me I try to message you but it says your profile is limited
Good job! You're almost there. I decided to sign up with TopStepTrader too and see what they are about.