Top Step Trader Funded Account Journey

Discussion in 'Journals' started by Secret Sauce, Oct 11, 2021.

Victory or Defeat

  1. Victory

  2. Defeat

Results are only viewable after voting.
  1. Inching up...

    Screenshot_7.jpg


    Screenshot_1.jpg
     
    #51     Oct 18, 2021
  2. That's fine. One contract or 15? lol
     
    #52     Oct 18, 2021
    Secret Sauce likes this.
  3. Just one. lol. Wish I had enough buffer for 15.
     
    #53     Oct 18, 2021
    nooby_mcnoob likes this.
  4. get to 10K then you have my blessing to risk it all on a good trade.
     
    #54     Oct 18, 2021
    Secret Sauce likes this.
  5. shining-the.gif

    RIP risk management.
     
    #55     Oct 18, 2021
  6.  
    #56     Oct 18, 2021
    Secret Sauce likes this.
  7. btw, again, you don't need to risk it all. Like today, you could have started out with one contract and added a couple of times during the day, at least until NQ blew through 15160
     
    #57     Oct 18, 2021
    Secret Sauce likes this.
  8. Overnight

    Overnight

    THAT's the trap they want you to fall into. Scaling up is a very very bad idea with these companies, because it can all be lost in a minute away from the keyboard. Firms like TST know this, and pray you do it so they can get more money on your next reset. 15 contracts on a max drawdown of 4.5K is the most ludicrous idea I have ever heard. Ever.

    And "OOOOH! IF YOU HOLD A FUTURE THROUGH THAT 1 HOUR WINDOW THE CME IS CLOSED, YOU WILL WIPE OUT OUR COMPANY!"

    Fucking pathetic.
     
    #58     Oct 18, 2021
  9. Have you heard of stops...
     
    #59     Oct 18, 2021
  10. Overnight

    Overnight

    Yeah, I have. Hate them.

    So, let's do the math.

    On 15 contracts long, how far does the NQ have to move (in points), to hit the $4,500 drawdown limit? Go on, we'll wait.
     
    #60     Oct 18, 2021