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    Going long and short EUR/USD on two different broker accounts.

    you've never spent five minutes on any serious options board without seeing this topic repeated many times. Options straddles are as old a trading tactic as option contracts have been listed for trading the idea is direction bias neutral, you expect a big move to erupt but have no clue as to...
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    Going long and short EUR/USD on two different broker accounts.

    not a hedge... a pure straddle. Big difference
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    Going long and short EUR/USD on two different broker accounts.

    ... your $3,000 short account is now $0 while your $3,000 long account is $6,000 because price went +2 ticks far enough to wash the bid/ask spread. Now you place a -30 pip stop on the current long position, it holds and continues upward another +100 pips further. Now your $6,000 account is...
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    Topsteptrader

    c'mon mav... I'd expect more from you than that type of bush-league stupid talk. Notional value and control means less than nothing when it comes to intraday futures trading. Whether your account is $5,000 or $50,000 or $5,000,000 balance and you trade 1 ES contract, you still risk -$100 per...
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    Topsteptrader

    My point. Who cares what $$ they have or not? Wasting endless hours trying to compute anything else is exactly that... a waste of precious time = life better spent living, instead. Far as trading = work goes, if they offer an opportunity to flip 10 or 15 or 50+ contracts and you think you...
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    Topsteptrader

    Yes, presumably the backer(s) have deep pockets and scaling up has much greater potential in the same block of time as an individual trying to pyramid their own modest account. That, in today's ultra-low volatility environment, to boot. In my own case I was (may be again someday) interested...
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    Topsteptrader

    There are all kinds of logical conclusions. Space does not permit listing them entirely. A few... intraday trading is more lucrative at certain times versus other times. certain instruments offer more / less potential for intraday trading than others. no one can ever be profitable every...
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    Topsteptrader

    you are asking a rhetorical question: the traders' obsession with ES and CL intraday isn't mine... it is the mass majority of traders out there. imo that's mostly due to public popularity and day-trade margins promotions from brokers directly as for the interest rates, grains, metals and...
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    Topsteptrader

    Pure intraday trading for futures markets is a relatively new opportunity. Only since contracts went electronic has there been real potential there... so we're talking roughly a decade for all popular markets combined. Meanwhile, swing trading futures markets has existed for centuries. An...
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    Trader P/L 2014

    Anyone who is actually trading this year realizes markets are different now, they've changed dramatically due to HFT domination and extreme governments manipulation. That combination over time has led to multi-years lows in volume, volatility and open interest across all popular financial...
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    Success sustainable?

    how do you do that with <$25,000 account balance and pattern day-trade rules?
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    Success sustainable?

    what kind of options, specifically?
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    Hedging with puts - Confused

    I can save you from any further brain damage involved with this equation. If you are fully hedged a futures position, you are essentially net-flat. All you accomplished was paying an additional round-turn cost to freeze loss-gain potential on your futures position. To fully hedge = to go...
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    ES Journal - 2014

    human logic suggests one can place stops "outside" of random noise = key support & resistance which differs for every trade extensive mathematical back-testing always proves that variable stops offer no higher win % than basic fixed-dollar stops, providing each measure is roughly equal to one...
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    Topsteptrader

    "learning" to trade might take six months or several years... depending a whole lot on prevailing market conditions at the given times. back in the early 2000s, a lot of prop traders and at-home traders caught on pretty fast solely because market action was fast. Volatility was high, ranges...
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    Topsteptrader

    Wrong about exactly what? The subject matter of this thread is based on the OP inquiring about validity of TST, others who have participated in the program sharing their experiences, and others still who have not participated offering input as well. I've stated my current position plenty more...
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    Topsteptrader

    the challenge with low vol = low range is, price moves plenty far enough to take out stops on the risk side but does not move far enough for favorable reward. A 6-point range means price churned sideways thru most of that, a 12pt range usually means price churned thru 4pts on the low end and...
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    Topsteptrader

    imo with VIX levels the way they are for everything including 6E and CL, it would make more sense to think along the lines of swing trading versus pure intraday. Take whatever trade signals your method confirms but if/when afternoon price turns fill, close / reopen those trades into the...
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    Topsteptrader

    For the record, I believe TST is a solid company who offer a genuine opportunity for traders to prove themselves and be funded with capital backing. There is no disputing that fact, as it is proven by existing traders already funded. From what I've seen and experienced, TST is a well-run...
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    Topsteptrader

    Today's ES range: 6.00 points = $300 per contract span Today's TF range: 12.00 index points low to high = $1,200 per contract span and then 9+ index points high to low = $900+ per contract span TF => 400% greater range than ES overall, and far more volatile ** If you see a no-brainer...
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