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...and that's perfectly legitimate. Imagine a very high reward-risk system (i.e. 20:1) which also has a 10% win rate. You take a bunch of stop-losses and once in a while, there's a runner that covers them all and adds plenty of profits. Over 10 days, especially if it's a slow system (1-2...

I'm late to the party this week, so I've condensed my contribution below. But first, thank you @schizo for this thread. A great, fresh example that trading is about the process, not the immediate result, and that the ideal psychology isn't ever attained, we just continually improve towards it...

Oh come on!

After listening to the interview Friday, there is one caveat to this: any instrument for which you weren't above $0 in the combine, you cannot trade in your LTP. After you're funded 10+ days though, you're free to add any instrument you like (including any not touched at all in the combine).

Alright, first changes to the "learn more" page today. I wrote a whole thing before noticing their blog post dated today that confirms these are in fact the adjustments: https://www.topsteptrader.com/blog/new-trading-combine-rules-more-funded-traders No more 45% profitable days; The P&L above...

I owe you an apology, actually. I thought this was the funded max drawdown, period, but you're right, reviewing my notes it's only for the first 10 days, after which the account is expected to be positive and never return below zero. Heck you only need the price of 4-5 $150K combines to fund...

I see that as an unfortunate consequence of wild capitalism though. I'm actually surprised that for all the great protections provided by your constitution, there can still be that kind of conflict of interest to the detriment of the population. Lots of checks and balances (almost to the point...

That's been beaten to death here. This thread isn't closed yet? :p Alright I'll throw in my own "yes, but". Hey you should've made a poll with this one!

I was just using Canada as a general example, not specifically. (Although our long ER waits don't seem to be that much longer than elsewhere...) Fact remains that for example in Germany, where health care is also private, an old-school open appendectomy costs about $3K vs $13K in the USA...

I'd just like to point out that feeding the hungry (although barely) and healing the sick is what we do in Canada, and we're a first-world economy. A healthy population is a working population, which in turn pays taxes and consumes. Letting your citizens starve and get sick without care...

Hm, you mean before you reach the agreed upon max negative balance? I'd have to give TST the benefit of the doubt here, in other words without anyone saying it happened to them, I think that's overly pessimistic. I recall only one person here on ET claiming they were micromanaging his live...

I only have one brokerage account right now, at I.B., so I just use their reports. They file profits and dividends with the CRA, so I just file the same amounts on my end. The main cases where the CRA went back on its own law for TFSA's was when there were some very weird account transfer...

I don't see the point, personally. I do things my own way, so I don't see that kind of performance parameter as indicative of how long I'd stay funded myself. Some people might get funded out of luck, a select few out of experience, some because their system is in tune with the current...

This thread is about how we managed in 2015 and if it turned out to be worthwhile; it's not about selling anything, or proving anything. If @d08 says his Sharpe was 1.38, then for sake of this discussion, it was 1.38. :cool:

Median lines are neat, Wyckoff's quite interesting, but I like a more horizontal approach right now.

Yoda has spoken. ;)

(Emphasis mine.) Same here in Canada, by the way. I wasted tons of time waiting for others to catch up in elementary school, I got turned off the concept of school itself in high school (in part because of negative peer pressure - no incentive to succeed) and unsurprisingly I then dropped out...

I agree. As a fun side-note however, in construction it's amazing the amount of nails that missed the stud when you look from the inside (i.e. a roof) with their crazy habit of punching 4-5 of them per second... What's the rush? I'm always amazed, given the overall (high) cost of those...

It's not quite about laziness in my opinion. I happen to have been friends with the TV a bit too much in the 1980's, and then of course the whole school system itself was a big part of my time, and those two affected how I learn most effectively. It's not about being entertained or distracted...

Question is: and what else? Already several big changes in 2015 so far. I guess we'll know in 2 weeks.