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It takes time but londonkid will understand it too. It is obvious the more ammunition one has the longer one can last in gun fight. Livermore went bust few times. I guess he was a decent trader, no? I read those Market Wizards books. Most of those Wizards would not make it through Combine, I...

Haha, big secret. Obviously it is about equity. Guys with small account tend to even devise strategies matching as they think risk of their account. Small stops, small daily loss limit and all. But frankly, it is BS. Day trading is for those with deep pockets. To be frank trading from higher...

First Combine I believe I passed when you might remember I lacked few bucks to make target for $50K account. Second Combine I passed last summer and got live funds without LTP. After 10 days I was down a bit , some $100. I had to take 10 days Combine. I passed it but failed LTP. Got another...

Bad luck. Market changed drastically especially March/ April. I was allowed to trade ZS only and they died on me. I traded both my and TST money and lost on both. Albeit, I later moved to trade different instrument with my money and traded losses back, but TST money I would lose anyway due to...

No luck on live account. I passed 3-4 combines and 1-2 LTP. I actually lost count. But it is all history now.

Could not pass it :) Here substitute war for trading and you got it :) "Fortune, which has a great deal of power in other matters but especially in war, can bring about great changes in a situation through very slight forces. Julius Caesar"

Exactly.

This corpse has been picked to the bones after years of discussions. Yet, hyenas are still coming to lick old bones ;) I think everything must be clear by now. I followed Maverick74 advice from last spring and put my money where my mouth is.

Excellent post. I realize Crispy you are not posting here anymore, but i wonder, are you using trailing stops, move stop to BE or just leave trades running win or lose till the end of the day. Instinctively I knew this too that leaving profitable trades running till the close might bring...

But the whole point is to make money within their parameters and rules. Some adjustments or changes are needed then. There is no restrictions on this during Combines but once TP or Live there is, so it makes sense to tarde Combine the way live money traded. Hence changes are needed.

You mean 5:1 R:R? I think opportunities in day trading for such R:R are pretty slim unless it is scalping with very small stops. But it is not a point. The point is. TST set some rules that define trading environment. So, trading plan should be adjusted according to those rules to succeed in...

This is what I got from TST yesterday. so, it is pretty clear:"No positions on within 5 minutes of a major economic or industry specific number release" I remember there was something about not entering trade 10 or 15 min after release too. But not here.

CT, you need to ask specifically about which news cannot be traded into with instruments you ar eplanning to trade. Talk to TST. It is their rules. I actually sent email to ask again regarding news. Just to be on safe side but with ZS economic releases ain't having no impact. But those...

I also have a rule that I simply do not trade those news days at all. Just like I do not trade Fridays. Most of the time market does nothing before release and than it goes nuts. With such small risk we are given it is suicidal at least imho to go into news releases. CT, I think you need to ask...

I trade only ZS/ beans hence I asked about them. Beans are considered in league with other grains corn and wheat, so I should avoid all news releases that come at 12:00 EST. But it happens once rarely twice a month. All other news releases are after the market close. I also asked TST about...

CT, I read this thing by Russian guy in Russian. http://my-trade.livejournal.com/447365.html I actually read his following article somewhere else where he stated that either Michael or John contacted him and he got second chance due to not getting that news schedule or something. I tried but...

I got all information and can start trading live. I will start next week Monday. Patience, discipline, consistency and a bit of luck won't hurt!

I am in the process of getting it right now. Already got Green Live badge. will start either later this week or next Monday I guess.

I see what you mean.

It means it is better to trade form higher TF. go slow, rightÉ