If I managed a fund I'd never be able to generate the returns I generate because the way I trade is conducive to trading small size and staying under the radar. Why do you guys insist on comparing the methods and results of a small retail trader to a big managed fund? I scalp 15-30 times a day on very small size. My "small retail trader" methods bear no resemblance to the methods of managed funds, investment banks, or large retail traders. I look for the price footprints that tell me when big money is likely to head to the next watering hole and I tag along on their backs like a tick bird. I think TST provides a great opportunity for aspiring traders who have done their preparatory work. TST profits from all the gamblers and funds those who can demonstrate the discipline necessary to trade profitably. I trade my own account for a living and have no interest in getting funded by a third party (and I have absolutely no interest in managing anyone else's money). Brother Surf, your translation of my original words grows more delightfully illustrious with each passing day
trading larger size is relative, and the process always involves adjusting one's trade entry - management style at some point or other whether you ever opt to grow contract block size to the point where trades management approach needs tweaking, you'll be just fine. nothing changes in the way you read = measure price... only changes are entry, stop and exit orders approach
exactly, her continued excuses why not to demonstrate this amazing, hard earned ability to `read charts`make less and less sense to those who are actually in the game. surf
fwiw: I'm not here to prove anything or impress anybody. No offense meant by any means, but there ain't a person here I care enough about for that. Let's face it... this is nothing more than a public message board populated by mostly anonymous people. What in the hell is there to get all worked up about over this one saying that to that one over there? My personal interest in TST is two-fold: I'm interested in the process myself, and I also have a number of existing clients who are net profitable traders that are interested as well. I'm the guinea pig (maybe poor analogy for an Italian? lol) taking one for the team as I get my feet under me here. imo anyone who tried this project with any motivation other than the desire to succeed for personal sake, will fail. So there's no use wasting time trying to prove something to someone else over message board challenges. I do believe the overall project is beneficial to traders who are approriate for it, which would be those on the cusp of profitable to those who are solidly profitable and open to more capital. I realize this is still ET, albeit a much more muted crowd than the rowdy days of old. But inherent resentment towards any program that makes money from other traders will always exist. My opinion is, the paltry fees involved are more than reasonable for services and potential offered. Definitely cheaper than traders posting here with (supposeldy) real money and blowing out -$19,500 from a $20k balance trying to blindly fade ES moves with no clue on how to aptly trade. At the end of that costly lesson, said trader is still not one inch nearer to success as before. Just -$20,000 poorer... thanks to sheer ignorance (lack of knowledge) and the school of blind trial & error.
Original words: Firstly, the only "demands" are coming from you as you continue to demand proof of something in 10 days that even months of proof have been insufficient for you. Secondly, interrupting my live trading for no purpose of value to me is an opportunity cost I've no interest in incurring. And finally, the words I clearly used were "may generate". There is no claim that any specific amount would be generated. I was simply making it clear that if it's sooooo important to you for me personally to demonstrate the power of my TA-based trading methods in a simulated combine environment (I've already demonstrated them here with many live calls), I would like something set aside for the possible opportunity cost of me taking time off work. Surf, since you're certain TA doesn't work, what would you have had to lose?
Ok, Nodoji subtlety "suggested" that she earns $50,000 every 10 days, trading her personal account, by stating that amount rather than another amount needed to participate in the Combine. She did not "demand" payment. I retract those words. thanks for clarifying with the actual post. However, the base argument holds not water as you can trade both accounts simultaneously. Why someone with such skill would turn down free money with ZERO downside risk simply makes no sense. Not to mention eliminating the "broker risk" factor from personal capital. Something doesn't add up. Other than its the fear of public scrutiny and failing to live up to the myth potential of the Combine. surf PS-- i am not 100% certain TA never works in any circumstance. My experience with the business and traders has shown me this. This is why i am so fascinated by those who claim to make it work and want to see it work under controlled circumstances like the Combine-- YET no one every steps up and those who do FAIL.
No Doji why bother even commenting on his demands? let him say what he wants....unless you find this entertaining too this site is hilarious sometimes... I bet half the people on here wouldnt believe in aliens even if a UFO landed on their lawn and an alien came out explaining what planet they were from. People tend to believe what they want to or what their brain "allows" them to...probably to justify something in their lives. yes? no? maybe so? LOL good trading to all
I'm finding this absolutely entertaining, and I believe that laughing hard adds life to your years On a serious note, I believe what TST offers is very valuable for aspiring traders who've built a foundation for trading, but lack sufficient funding to make a living. I worked with a guy quite a while back who wanted to trade oil. I taught him my (then fledgling) trading methods and he was sim trading me under the table with my own damn methods! He went live with a $3000 account and mismanaged perfectly solid trades because of fear of losing. He recouped, got a bit of additional funding to bring his account up to $5000, and commenced to trade very profitably. The TST program would've been fantastic for him. And TST gets plenty of money from the gamblers who want throw a few chips on red or black.
Clearly you want to believe it DOESN'T work as you brush aside any evidence that says it works and continue with your ignorant tirade. A 10-day challenge means nothing, if you look into the P/L thread you see the most successful traders who have posted in the last few weeks only have around 60% in profitable days. Performance is judged on a much longer period, 10 days only attracts degenerate gamblers.