Why would you trade the e-mini? Hardest and slowest product in the world to trade. But let's say you are absolutely obsessed with trading the e-mini. I agree, no reason to trade that with TST. Trade that in your AMP futures account or whatever under capitalized soon to blow up FCM of your choice and then trade the "real" contracts with TST in a separate account like oil, gold and nat gas. Seriously, are you not recognizing the patterns with all the funded trader reports? None of them are trading the ES. Almost all are trading crude. Hell Surf is having 4k daily swings with crude.
Do NOT trade QM. Please. Unless you are a swing trader and are going to hold it. Ticks are twice as wide and the order book is EMPTY! I'm dead serious. You'll get 5 ticks of slippage on stops. Sometimes 10. Take that for what it's worth.
Who besides a gambler would try to trade 15 full contracts of anything with their hands tied with a $3000 loss limit ? surf also blew up on day one being a gambler instead of a trader
So what's the point of making some follow an arbitrary account objective but letting others pass with only 40% of it? That's what makes no sense to me as it has been openly stated that if you do the standard and come up at 3499 you will fail the combine. 40% of profit is profit regardless of how little Now I can see a case where if a combiner had a 3 or 4 k drawdown and then only made 1400 as a reason not to back them. Do you know what the rest of the parameters were for this custom ? You would be a fool not to back this trader even if he had run through the combine with a $3500 object just for the lack of drawdown alone.
Let me try to explain this. They allow "anyone" to customize a combine, usually making it more copacetic for their particular strategy. However, if you make one criteria easier, you have to make something else harder. Not "everyone" will want to do this. At first glance, looking at this guy's combine, I assume he made the deal that he will take a smaller draw down allowance in exchange for lower profit objective. This would probably serve my strategy as well. A rather conservative trader who does not use size and manages risk tight, can afford to allow a stricter draw down. I think on the 50k account they allow the account to go down to 48k before you disqualify yourself. This is not the "daily" draw down but rather peak to trough. So this guy probably said, why don't you give me only $500 in peak to trough draw down in exchange for a lower profit objective. This particular deal would NOT work for someone like Surf let's say. Every trader trades differently! Some guys are swingers. Some guys want to trade bigger. Some guys have a low hit rate. TST is allowing you to think about what would be the best way for you to pass this combine based on your "unique" strategy. This is a GOOD thing. And YOU decide it. How on earth can anyone complain about this? It's completely transparent because YOU write the rules. If you don't like it, YOU are the one to blame since it's YOUR idea. This is probably the best part of the whole combine. The fact they don't make everyone use a one size fits all model.
easy... you add side when the market is going in your direction. Not add, add, add, add = puke while struggling to catch a peak turn, martingale suicide style. Add size into directional swings in harmony with market direction.
CL day-margin is $1,000 with my broker. So what's the point? I can trade all my money now, and trade whatever else I want with OPM. 6E, ZS, more CL... lots of active, moving markets out there with high volatility levels and big-range $$ movement intraday. More symbols with size available than anyone in this site has money for