Finished today my last Combine. Target was $53500, finished at $53483. 1 tick and a fee worth below. I think it is ok. so, let's see how things will go. Meanwhile I have signed with another broker for T4 demo 2 weeks and going to continue practicing to avoid rust accumulation. waiting for what TST will tell me. Here is my results: Starting Balance: $50,000 Max Position Size: 5 Daily Loss Limit: $1,000 Max Drawdown: $2,000 Winning Day %: 65 Max Drawdown: -60.0 Largest Winning Day: 605 Largest Losing Day: -955 Avg. Winning Day: 414 Avg. Losing Day: -272 Combine Rules Rule met Average Net P&L greater than $0 for each product traded Rule met Overall Winning Day percentage of 55 or greater Rule met Largest Losing Day will not hit or exceed Daily Loss Limit Rule met Account Balance will not hit or exceed Trailing Max Drawdown Account Balance High: $53,560 (Apr 7) Trailing Max Drawdown: $50,000 Current Account Balance: $53,483
Thanks guys but it is no use to congratulate me. Just got email from TST that I am eligible for just Rollover, not even Live Trader Preparation which was what I was expecting. The reason is I ended 1 tick below $53000 profit target. I do not think it can be a reason and I do feel like I hit wall face first. I have been doing Combines since Nov 2012 and was on rollovers since November 2013. I do believe I have absolutely done my job and deserve being funded or at least move towards Live Trader preparation which was what i was actually expecting instead another Rollover. I am very upset. I do not think it is how traders like me should be treated. this way on tiny technicalities. I am still going for another Combine but this time for $30K cause target is $1500 and I traded 1-2 contracts anyway. There is not much difference. I am starting my 30K Combine tomorrow. I have always traded $50K but it looks like it is better to go with $30K especially that my largest DD has been $1000 since November.
You were hoping that they would bend the rule on profits? To what p&l level, should they bend the rule or not?
1 tick is not exactly a deal breaker. I was taken below by slippage. In any case. i am not going to engage in any arguments here but let my trading decide. In any case, I do not think it is a good idea to treat traders who are making progress like I have this way. There are rules that must not be broken but we are humans and not machines. I have not come out of the blue with positive results. I have been trending.
Pretty chicken$hit but I'm not surprised at all. The whole gig reminds me of a casino. They do everything they can to keep you playing the game until you eventually lose.
After reading this I think all they are interested in is your deposit. I have send them an email with a question regarding the LTP rules, from what is on there website the rules are different and until now I have no reaction back from them so if someone can explain what they mean by ´´The Profit Target in LTP is greatly reduced compared to the Profit Target in the Combine´´. found here: http://help.topsteptrader.com/knowledgebase/articles/231905-how-is-ltp-different-from-the-combine And can they restrict the markets that you trade in the LTP? If for example you only trade CL and in the LTP you have too trade 6E. Good trading, JJ