Topsteptrader

Discussion in 'Prop Firms' started by deaddog, Jun 25, 2013.

  1. Maverick74

    Maverick74

    I'll give you props for your honesty. That alone separates you from most traders who not only lie to others but more importantly lie to themselves. Once people realize it's not "topstep" that is holding them back but themselves, then they are firmly headed in the right direction. Good job.
     
    #441     May 11, 2014
  2. 1) ? ..... ! ..... That means you went from $30,000 to $31,455 to atleast below,($31,455-$1,500), $29,555 and back up to $31,155. :eek: :(
    2) If you can smooth things out a little, you're there! :D
     
    #442     May 12, 2014
  3. Thanks guys.

    I could not trade on Monday, but I did today. One day left. I crossed Combine objective. $1510 total P&L today.
    All 1 contract trading.
    Tomorrow my last day and I have registered for the next Combine.
    Pretty sad. Could have getting ready for live trading. I do not think I need any live preparation at all. Trading has been within Jr.Trader parameters anyway and I have been doing positive Combines with rollovers but this one since November.
    Looks like I am total combined +14% on all my combines with max DD of 2%.

    Will post my final results tomorrow. TST track record is making some mistakes. Divided my Combine into 3 instruments but I only traded one. It just separated it into 3 same names and record is broken between them. Strange.
    I want to make it in coming Combine. i feel i am good to go. Live money is not a problem. i had traded live all the time form the very start before going on Combines.
    I also noticed. i actually did not know it that trader can trade futures with just $5000-6000 deposit.
     
    #443     May 13, 2014
  4. No Nazdack,

    I did not go that low. Hit some $29650 probably. will check when post my final results. I would not hit $2000 trailing stop but on $30K it is $1500 loss limit.

     
    #444     May 13, 2014
  5. Maverick74

    Maverick74

    Good work! If they made an error let them know and they will correct it.

    As I said before countless times, I think the TST combine has served it's purpose for you as a training ground and you have proven your discipline. I see no reason why you should not fund your own account. You put in the time and demonstrated maturity in your trading. I would absolutely fund your own account at this point.
     
    #445     May 13, 2014
  6. If one is not honest to himself one cannot make a progress.
    This time I think it was a bit of bad luck along with me unaccustomed to lower risk with $30K Combine and of course getting cocky after 5 days winning streak.


     
    #446     May 13, 2014
  7. I have been thinking of this but I am being careful and would love to get funded. It is my goal for now. But I do have a plan B now. Need more improvements.
    Statistically speaking it is a matter of time I will pass and get funded. may be next one will do. The most important to continue trading the way I am doing now and better while on live account.
     
    #447     May 13, 2014
  8. Maverick74

    Maverick74

    What is holding you back from funding your account? Fear? Remember this is a long process. Start with one lots and move your way up. Perhaps if you fund yourself and you fall back, at least it will expose some area you need to work on again. Trading real money will expose a man's flaws really fast.
     
    #448     May 13, 2014
  9. I know about that. I have been trading live money for some 3 years before I started Combines. My trading was not good despite me having mastered basics.
    The real progress started last fall.
    I am planning to fund my own account if I am not funded by certain time. But I see few more things to improve. In any case, it is obvious now I can do it. Obvious to me first of all.
    In any case TST is giving only $1500-2000 risk. The rest all depends upon trader making a cushion cause all trading size increases come form increased cushion and I believe traders always keep that cushions while with TST. So, it makes sense, cause traders risk their own money anyway. But firstly I want to get funded. Would love to start with TST and start moving forward.
     
    #449     May 13, 2014
  10. One thing about my previous live trading that I always controlled losses. I had taking profit issues that actually were hurting me and this continued for the whole year of me doing Combines.
    I never blew accounts but I did have some 10-15% DDs over time. Last live trading longer term ended me losing 15% in some 8 months.
     
    #450     May 13, 2014