Cooltraderdude's TopstepTrader Combine (daily trade report and journal)

Discussion in 'Prop Firms' started by TST_Hoag, Sep 17, 2012.

  1. I'll assume that those numbers are correct and that they give a good representation of the chances you have to pass Combine... Obviously there's some problems with assuming that...

    BUT if it is close then that tells us the following...

    30/5400 = .005 or .5 % chance of passing Combine...

    Compare it to a double 0 roulette wheel...

    1/38 = .026 or 2.6% chance at getting your paying number...

    This means that betting "straight up" any number at roulette is a better game for you and you have more chances there than beeing a trader with TST. In fact you have 5 times the chance at straight up roulette.
     
    #641     Sep 29, 2012
  2. Maverick74

    Maverick74

    Yeah, but those numbers aren't correct. So garbage in, garbage out.
     
    #642     Sep 29, 2012
  3. ammo

    ammo

    unless you've seen the 50% returned, it's not a fact,my advice to a young trader was to master an edge on sim then trade it,this is not a thread about me,or my limited knowledge of the markets, so i haven't gone into it,i have always shared what i do know with et,you have repeatedly made personal attacks which have nothing to do with the subject...if the above is an example of a quality post,then we are on different planets
     
    #643     Sep 29, 2012
  4. Lots of ways to look at it volente... Usually it's best to look at the ROA of the "ROI" and your "assets" not the margin requirement. On $50000 it's 7%... On a $1000 one way stop out bet that would be 350%...

    Eitherway with your example it's still 140% return in 10 days.
     
    #644     Sep 29, 2012
  5. Maverick74

    Maverick74

    I think we are on different planets. I'll leave it at that. Good luck with your trading and please stay off these threads.
     
    #645     Sep 29, 2012
  6. You don't have any right to tell anyone to stay off of threads... It also makes you look like you're trying to shut people up.
     
    #646     Sep 29, 2012
  7. Maverick74

    Maverick74

    You know what's funny CTD, if you put in as much time with your trading as you did with your analysis of TST, you wouldn't have blown out in 5 days. I mean seriously, you have put hours upon hours into whether this model is a scam or not yet couldn't even take 5 minutes to figure out what the active futures contract was that you were trading. This is the problem with ET. Guys spend their lives bitching about how hard the market is on this message board and spend little to no time on improving their own trading. I'm just sayin...
     
    #647     Sep 29, 2012
  8. Maverick74

    Maverick74

    OK skipper. :)
     
    #648     Sep 29, 2012
  9. Blaming the trader on an almost impossible to do mission unless you take a heavy gamble...? Again... Doesn't make you look to good... AND it doesn't change any of the facts of the model...
     
    #649     Sep 29, 2012
  10. Mav how are you still responding to this drivel? I admire your patience.

    Cooltrader of course it is your fault that you blew out. Don't blame the model. You were trading when you didn't know how to use the software. You didn't even understand the products you were trading. Man up and take a little credit for failing the combine! You want to blame anyone but yourself when you weren't willing to put in a couple hours to make sure you knew what you were doing before you started. That is pathetic. If you accepted some blame and acknowledged your shortcomings you might stand a chance to not repeat them in the future.
     
    #650     Sep 29, 2012