Bad Day
Today did not go as planned for many different reasons. I went into to today with a very nice account buffer and decided to get a little more aggressive so I could put myself ahead comfortably. Unfortunately, this did not happen and I gave back a good chunk of my buffer.
What...
I finished day 3 of my topstep trader combine +$1700. I had placed 3 trades, 1 loser, and 2 winners. I caught a nice piece of both legs up and decided to call it a day and get ready for my other job. My last trade of the day I decided to trade a 2 lot only because I was already up $1000 and...
Exactly! Based off of my past results, trading style, max risk per trade, and Topstep's combine parameters, I have come to the conclusion that 3 lot trades seem to make the most sense to me initially from the beginning. However, it is likely that I will adjust my lots per trade, either more or...
Actually, what I am displaying is a trading report from topstep trader's t4 trading platform. I understand you probably saw the ninjatrader logo at the bottom of the picture, but ninja trader is not available with topstep trader right now. When I do my post for my journal on ET, which is...
Today was day two of my TopstepTrader combine tryout. I finished in the green netting +$1215. However, it was a bit of a struggle getting profitable today. I had four losers in a row before getting a winner. I was down to my last bullet and I caught a monster leg up and that was enough to...
Today was my first day trading CL in Topstep Trader's simulated trading combine. I finished +$915 placing 9 trades, 3 lots each time. I had 3 winners and 6 losers total. This puts me slightly above what I need to average daily to reach their profit target they have set in place for me ($12K...
$150,000 account
20 day trading tryout
Max position size - 15 contracts
Max daily loss - $3000
Max drawdown - $4500
Profit target $12,000
Other rules
Only trade permitted products, during the permitted times
Trade the required number of days of the Combine
Always implement...
Welcome to my Topstep Trader journal! TopstepTrader is a full scale recruitment and trader development agency. To put it simply, I am paying a $400 fee in an attempt to qualify for a $150k trading account with their firm. I will have 20 days to prove myself through their trading simulator...
Tough trading day with the NQ again. It seems like when NQ trends well, I do okay. If NQ is more range bound, I struggle big-time with my style of trading. My accuracy has been very poor the last few days with NQ as well.
I also decided to play with CL again today and had good results. I...
Today was a tough day for me overall. I had a difficult time reading the price. Another tight range day (19.5pts) for NQ. I also felt a little more impulsive and impatient this morning. Kids were a bit more distracting than usual and the family plans we had later in the afternoon was...
From what I hear, August is usually not optimal for trading because the majority of the significant players are not active during this month. It seems like a good time to take it easy, refine your skills, and not to expect too much.
Well, I guess if your HIGHly skilled to begin with, it could be done. I really don't know why anyone would want to be impaired in any way while risking trading capital. :confused:
Today I had to go to work and was unable to trade. I did study my NQ chart this evening in an attempt to further increase my price action skill/knowledge. I know, everything makes more sense after the fact, but this is just an exercise I do to help train my eye for the real deal. See the...