good post, so in market wizards (can't remember where) they talk about a beginning trader whose job it is to keep getting out when they are wrong. I think they were trying to get the "cut losers" to be like a reflex. I find it interesting that this strategy is still being implemented in the electronic age with hft and all that. carry on.
hitnrun, Agreed, crude had some decent plays. The op who claims traders are making "blanket statements" on what to trade is missing the point. One approach to passing the combine is to watch a product that has good volatility and time it accordingly. Given the $350/avg daily profit requirement, there isn't much room for error if you waste a day or two trading a sloppy non-volatile market.
Can a trader sign up for the 14-day trial and attend the classes before joining the combine, or is it only for those who are already in the combine? The site says the open forum is only on Fridays.
Looks like another new trader got funded. Trading Crude. http://www.topsteptrader.com/fundedtradereport
I know you must feel like you are under the microscope Cool, but just a quick question; If you have not traded futures at all and come from 10+ years of trading, why didn't you take a week or so trading in the practice account to learn the platform and also play around with crude or ES to see what you would want to go "live" with in your SIM account? You can still do this actually, since you have 27 trading days left to complete 7 days of trading. Good Luck to you and also a quick thank you to Micheal for running this so everyone could follow.
Show me where I said no one was passing. I said 3-5% will pass the combine. Of those 3-5%, 95-98% will eventually get sent back to combine 27 live traders out of a minimum of 5400 combine payees Show me where my math is wrong
regarding pics when you want to post an image, when you reply or post you should see "choose File" there is a list of file types that can be uploaded, almost everything but bmp. see attached
kinggyppo... consistently we tell our recruits to manage their downside and protect themselves at all times. So many traders only focus on the upside that they forget what can take them out of the game and that is letting the downside get away from them. mp