That logic is absurd. It isn't "naive and stupid" to partake in any business opportunity that one has properly analyzed. Each trader is capable to evaluate their own situation and review their own performance metrics, and eventually decides whether trading a combine with TST is or isn't for them.
You are on vacation, presumably not by yourself, you are not interested in TST combines and you aren't even trading. Yet you feel compelled to post long-winded negative diatribes in here? Think about that for awhile. There are some self-realizations about yourself for you to face. And hopefully change, for your sake.
Winding down my Combine. 3 days left. Will post final results Friday after close. I am not taking risks anymore. No sense. Starting Balance: $30,000 Max Position Size: 3 Daily Loss Limit: $500 Max Drawdown: $1,500 Winning Day %: 70 Max Drawdown: -654.5 Largest Winning Day: 497 Largest Losing Day: -355 Avg. Winning Day: 237 Avg. Losing Day: -210 Combine Rules Rule met Average Net P&L greater than $0 for each product traded Rule met Overall Winning Day percentage of 55 or greater Rule met Largest Losing Day will not hit or exceed Daily Loss Limit Rule met Account Balance will not hit or exceed Trailing Max Drawdown Account Balance High: $31,793 (Jul 22) Trailing Max Drawdown: $30,000 Current Account Balance: $31,793 AVERAGE 105 9 22 4 2 2 91 99 -81 2:1 67 2 1 00:09:33 00:06:57 JUL 22 32 2 5 1 1 0 37 37 0 1:0 100 1 0 00:00:13 00:00:00 JUL 21 25 10 25 5 1 2 65 187 -68 1:2 33 1 1 00:15:24 00:04:46 JUL 17 175 10 25 5 2 3 60 125 -16 2:3 40 1 2 00:02:36 00:00:08 JUL 16 297 6 15 3 3 0 104 104 0 3:0 100 3 0 00:04:47 00:00:00 JUL 15 497 6 15 3 3 0 170 170 0 3:0 100 3 0 00:05:45 00:00:00 JUL 14 25 10 25 5 3 1 40 41 -75 3:1 75 3 1 00:03:36 00:04:14 JUL 09 287 10 25 5 3 2 117 150 -68 3:2 60 1 1 00:04:16 00:12:49 JUL 08 380 8 20 4 3 0 100 133 0 3:0 100 2 0 00:07:55 00:00:00 JUL 07 290 4 10 2 2 0 150 150 0 2:0 100 2 0 00:04:17 00:00:00 JUL 02 195 12 30 6 5 1 66 62 -87 5:1 83 5 1 00:06:49 00:21:58 JUL 01 242 8 20 4 2 2 134 200 -68 2:2 50 2 2 00:04:50 00:00:48 JUN 30 -355 12 30 6 3 3 66 12 -120 3:3 50 2 1 00:12:24 00:12:59 JUN 26 -307 8 20 4 1 3 90 37 -108 1:3 25 1 3 00:12:34 00:25:57 JUN 25 -152 6 15 3 1 2 62 25 -81 1:2 33 1 1 00:26:38 00:27:41 JUN 24 -142 12 30 6 3 2 75 12 -137 3:1 50 3 2 00:06:12 00:02:37 JUN 23 397 6 15 3 3 0 137 137 0 3:0 100 3 0 00:06:30 00:00:00 JUN 19 -95 18 45 9 3 6 72 100 -58 3:6 33 2 5 00:37:35 00:04:27
I wouldn't want to be part of any firm that would have me. Sounds like a scam, shut up and take my money type of deal.
Didn't a couple of "elite" trader gurus with 10 trillion posts take a swing at the combines and fail miserably in the first day! I figured after making 20 k a day blindfolded the comparatively easier parameters of a simulator would be an easy mole hill to step over for the trading giants.
I truly appreciate the personal attack, but I couldn't fail to notice the lack of arguments against any of my observations. Please PM me if you have any. I also forgot, that we are supposed to post only positive things about the subject. My bad. In the maintime, just thank me that I do the due diligence what some of you obviously can't do, and ScalperJoe was talking about: I agree, underlying that PROPERLY is the keyword.
Combine closed. I passed it. All parameters met. Starting Balance: $30,000 Max Position Size: 3 Daily Loss Limit: $500 Max Drawdown: $1,500 Winning Day %: 60 Max Drawdown: -654.5 Largest Winning Day: 497 Largest Losing Day: -355 Avg. Winning Day: 237 Avg. Losing Day: -158 Combine Rules Rule met Average Net P&L greater than $0 for each product traded Rule met Overall Winning Day percentage of 55 or greater Rule met Largest Losing Day will not hit or exceed Daily Loss Limit Rule met Account Balance will not hit or exceed Trailing Max Drawdown Account Balance High: $31,793 (Jul 22) Trailing Max Drawdown: $30,000 Current Account Balance: $31,578 JUL 25 -130 2 5 1 0 1 125 0 -125 0:1 0 0 1 00:00:00 00:04:02 JUL 24 -42 2 5 1 0 1 37 0 -37 0:1 0 0 1 00:00:00 00:00:28 JUL 23 -42 2 5 1 0 1 37 0 -37 0:1 0 0 1 00:00:00 00:00:08 JUL 22 32 2 5 1 1 0 37 37 0 1:0 100 1 0 00:00:13 00:00:00 JUL 21 25 10 25 5 1 2 65 187 -68 1:2 33 1 1 00:15:24 00:04:46 JUL 17 175 10 25 5 2 3 60 125 -16 2:3 40 1 2 00:02:36 00:00:08 JUL 16 297 6 15 3 3 0 104 104 0 3:0 100 3 0 00:04:47 00:00:00 JUL 15 497 6 15 3 3 0 170 170 0 3:0 100 3 0 00:05:45 00:00:00 JUL 14 25 10 25 5 3 1 40 41 -75 3:1 75 3 1 00:03:36 00:04:14 JUL 09 287 10 25 5 3 2 117 150 -68 3:2 60 1 1 00:04:16 00:12:49 JUL 08 380 8 20 4 3 0 100 133 0 3:0 100 2 0 00:07:55 00:00:00 JUL 07 290 4 10 2 2 0 150 150 0 2:0 100 2 0 00:04:17 00:00:00 JUL 02 195 12 30 6 5 1 66 62 -87 5:1 83 5 1 00:06:49 00:21:58 JUL 01 242 8 20 4 2 2 134 200 -68 2:2 50 2 2 00:04:50 00:00:48 JUN 30 -355 12 30 6 3 3 66 12 -120 3:3 50 2 1 00:12:24 00:12:59 JUN 26 -307 8 20 4 1 3 90 37 -108 1:3 25 1 3 00:12:34 00:25:57 JUN 25 -152 6 15 3 1 2 62 25 -81 1:2 33 1 1 00:26:38 00:27:41 JUN 24 -142 12 30 6 3 2 75 12 -137 3:1 50 3 2 00:06:12 00:02:37 JUN 23 397 6 15 3 3 0 137 137 0 3:0 100 3 0 00:06:30 00:00:00 JUN 19 -95 18 45 9 3 6 72 100 -58 3:6 33 2 5 00:37:35 00:04:27
What more is there to say? The attorney in you just relentlessly badgers every nuance of the business side of TST. I'm not interested in debating that angle, because it doesn't mean s(quat) to me. I hope they make a zillion dollars annually from their business operation. Meanwhile, the ONLY thing I care about is the funding process. Can traders pass the combine, get funded, perform adequately and size-up over time? That's it, end of story. All your other concerns are meaningless to me. So if you're waiting for some type of response to all the same rehashed rehash yet again, please don't sit on your hand in anticipation. fwiw I'm four days into a CL combine with 75% daily win rate and about halfway to the $3,000 profit objective. Should have it passed and wrapped up before the old ten-day period, but unlike all the past times, this time we have all the time in the world to get there