It really doesn't matter either way, because the days of people dumb enough to trade blind signal posts from random strangers online ended about a full decade ago. That is nothing personal, not by any means. Simply the fact that no one out there today even vaguely considers trading someone else's trade-call posts. That futile folly never made anyone consistent profits over time even back in the real glory days of stock markets. Now in today's algo-dominated world, there isn't even time for someone to get an entry signal online and execute near that price before the program spike or slam kicked in and blew away.
I was a total noob when I found ET's chat room. I remember banjo and cbk (what a hoot), but I was seriously enthralled with 1Reason (Robert Weinstein) because he had this uncanny ability to pick price turns based on DeMark signals. His trading scared the heck out of me, but I did discover this strange trading method known as "shorting"
Looking at other traders that have tried the 'combine' and familiarizing myself with the 14 day trial,I would like to suggest you stick to one instrument for the combine. You are placing a lot of anxiety on yourself trying to trade 2 instuments at the same time because their conditions apply equally. In other words, you have to be smack on in both instruments to qualify. "Possibly some CL" sort of indicates you don't have a firm plan to attack the combine,which could also cause you a problem.
Looks like in talent search, the real gems are in automatization: http://championship.mql5.com/2012/en/news/181 After one month, the top 10 bottom guys are up 150%, the best is up 600%. No emotions, no psychology, just excellent coding....
Macho- You can submit a custom objective if you want to change up anything but yes that is the reason we do have the rule. We have still yet to this day seen someone that can trade 3 or more products profitably. We always stress to know your market so well that you will know when it is changing its personality and movement. This takes a lot of focus on watching it day in and day out. Doing this same thing in more and more markets spreads you out and is very difficult. mp
1) If you click on the Participants tab and go to page-23, there are still a bunch of Russians who are down more than 90%......for the month! :eek: 2) Some of those profitable dudes WILL have some nasty drawdowns too. :eek:
LOL. A quick glance at the rules and I see they are trading FX with 100 to 1 leverage and they allow 50% daily drawdowns in your account!!!!! Come on dude. I thought you were being serious. So they give you a 100k paper account and their daily stop is 50k compared to 1k for topstep. So let's divide these numbers by 50 ok? So the top 10 guys are really up 3%. And the best guy is up 12%. None of those top 10 guys would have even passed the combine. The top guy, one guy, "might" have passed at 12% "if" he also met the profit objectives. LOL.
I did check the rest. Out of about 450 entries, about 1/3rd is in the money after a month. That is better than the industrial average.... (there are also dozens who didn't trade or had only 1 trade, so the profitable % is around 40%)