For CL, yes. I think he hasn't traded CL since then, but has just taken the odd tick or two on other stuff, as per his plan? (The top image shows March 7th as start date, and 5 days traded since then, with the collective total after 5 days.)
it's all good vphantom. the trade report only shows the days you traded the selected product. I selected CL and only traded this Mar 7th & 8th. Top of the report it says days traded = 5. I traded the 6th day today but it wont show on the trade report until tomorrow, the trade report updates overnight. profit is currently $9260 with 6 days traded.
FTP strategy - I am likely to trade more conservatively until I see what I think is a prime opportunity, this is where I will size up. It just so happened that I saw an opportunity early on with the combine allowing me to get the bulk of the target done 1st day. One of the FTP rules is i must trade a minimum of 10 days with this in mind I will definitely trade every one of the first 10 available days. The reason for this is I want the FTP to be completed as quickly as possible, the FTP is another hoop to jump through, the live account is the only thing that actually matters as that involves actually cold hard green! If I don't see any decent opportunities I will still play for small winners/small losers so when the better opportunities come along I will not have to wait out longer than initial 10 days. This will be different to my strategy I trade in the live account. In the live account I will probably look to cherry pick the first 3 days I trade to make sure I build equity, maybe cherry pick the next 7 depending on the results the day 11 equity figure is critical in the live account.
day 7 and another +1 winner on CL. For some reason the TST trade report didn't update overnight i have emailed them. It should be showing 6 days traded on the trade report. 3 days left before I can submit for access to FTP.
How do the Max Drawdown, Daily Loss Limit and Lot Size evolve, And what are the initial levels, once funded ? Is there more to fees than the price of the combine ? What's the rules to do not break to make it ? For exemple, what if one hit Daily Loss Limit ? Or Max Draw Down ? Seems like one buy drawdown units as : From smallest to largest combine (In $ per DD unit) : 0.095, 0.1, 0.082, 0.1, 0.082 So the 50, 150K would be the least expensive. Assuming we trade with 1Lot only. Otherwise the 1st is bargain. Are those parameters fixed once funded ? Should be correlated with Size -> Lots -> MDD
Day 8 - another +1 tick winner on CL. TST managed to sort out the problem of the trade reports not updating yesterday however it seems as they have not updated again last night. So my trade report is still showing 6 days traded when it should show 7. Anyways Day 8 complete, account profit +$9273. Submit this for FTP entry first thing Friday morning. Hopefully I can start the FTP on Monday. I was toying with the idea of putting in a couple of small losing days just so my combine didn't look gamed with 10 winning days. On reflection I decided to just keep taking the winning days. On another combine run I could have easily had a couple of -$1000 days to start with before hitting the big winning day, it's just the way things turned out that I did it right off the bat. Be careful out there today if you are trading oil, it's inventories and that means tight stops will be targeted. GL
The post was regarding if ANY traders had gains in their live accounts, and TST's email shows that traders were making initial gains. Of course, they could "blow up" the following day, week, or the following two months. It's not likely that TST is also going to send an email regarding # of traders who got sent back to the combine, lol! Sure, it would be great to promote "Jim" who makes $10k a month, and obviously in TST's best interest to show that progression through the combine/FTP/live account. However, the day 11 equity balance relative to the combine traded provides a better level of transparency, since that is the critical junction where the "funding" switches to maintenance margin only. The day 11 balance will provide guidance to see if TST's live trader rules are within reason or too prohibitive for a trader to monetize the scale up plan.
I'd say taking ANY of the combines will help build structure, however the 10k is not ideal if your brother actually plans to take checks with TST in the live account. For that he would most likely require the 100k/150k. If he's using the 10k for training purposes, then sure, it's a great start.
The OP could also register for the $35 simulator only from TST, the trades simply won't be reviewed, however the combine rules would still apply to the account. Since he would be using the same platform, it's also easier to transition from "simulator only" to the simulator combine when he's ready to have the trades reviewed.