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high win rate is usually an indication of holding positions past appropriate stop loss levels. that practice always ends in one trade wiping out many smaller gains.

nobody dumps a trade of this size on the open market. you would get a very unpleasant phone call from regulators. big institutional brokers like GS would be more than happy to take the position off your hands quietly in a basis trade. for a fee of course.

if the 2nd amendment was intended to limit power of the state over masses, it has done a rather lousy job. imho, over the past century or so the level of control exerted by the american state over its citizens has risen meaningfully. my suspicion is that the sense of security created by...

people in america are scared in their own homes. owning a gun makes them feel more secure. the more guns they buy, the more guns end up ‘on the streets’. the more guns end up ‘on the streets’ the more frightened they become. who benefits from this dynamic? someone important once said: ‘If...

imo there are three distinct ways to achieve success in the trading business: #1 develop, market and sell tools and services to prospective and current traders. if that does not interest you and you have a light to mild gambling itch you may try option #2... #2 get a job with a shop that...

i’m sure many people have done very well doing what you’ve described. there are many ways to extract interest. some go for base hits, others swing for the fences. whatever you do, heed the advice of Floyd Mayweather and ‘protect yourself at all times!’

i think it’s best to focus on the process( of which, as someone earlier astutely pointed out, risk management is probably the most important component). plucking one event (one trade or one day’s profit or loss) out of the process and having an emotional reaction to it is, albeit human...

i apologize. i didn’t mean to raise your blood pressure - i come in peace. i have nothing against TopSpeedTrader, capitalism or any attempt by fellow man to pursue profitable enterprise. peace and prosperity :fistbump:

265 pages of spirited debate around TST! Thank you, jinxu, for bringing this treasure trove of pure joy to my attention. :fistbump:

i’m IN a hot tub, i cannot be IN an online trading forum at the same time. what is this ‘lt’ that’s called capitalism? There is so much semantic ambiguity and confusion - no wonder we can’t communicate.

I’m not sure it could. Countless lambs have to be sacrificed to pay rent, salaries and launch few successful careers. i guess i’m ok with that. i have to take a quick shower - saying that makes me feel a little dirty. :cool:

it’s not really ‘their’ money that they are risking. it’s your money that you’ve paid to participate in the gauntlet. money they collect up front from you(i mean collective ‘you’) offsets any potential losses. i don’t disagree with Xela’s point of view that one should only pay to play if...

majority of people in the group you are referencing are inexperienced, eager and desperate to trade. So desperate and innocent, in fact, they are willing to fork over hundreds if not thousands of dollars out of the capital they so desperately need to participate in these combines or gauntlets...

I would gladly give my funder 20% of my profits and 100% of my loses.

i have a feeling that a lot of the anger stems from the misunderstanding of what a ‘funded account’ is. in my eyes it is just a continuation or next phase of their educational process where you get to hone your trading craft with real cold hard cash. i don’t think it’s designed to provide long...

i’ll probably be derided for saying this but i’m going to put it out there anyway: i think there is value in this service for a serious candidate at the beginning of his journey.

i can see why some people sense a faint foul smell emanating from the TopStep operation. They run this business for profit and as we all know to separate people from their money you often have to resort to some skulduggery.

they should create a TopStep Institute and begin bestowing TopStep designation to any candidate who successfully completes their obstacle course. Something people could proudly put on their resumes and wow potential employers. just an idea.

my familiarity with TopStep is peripheral but the value proposition of the service (whether clearly articulated by the operators or not) is that if you go through the process successfully you come out as a successful trader on the other end. Online academy for aspiring traders, if you will.

you seem to imply that textbooks written by experts are useful. i think that’s meaningless. usefulness of the message conveyed by the expert depends on the person interpreting it. statements like that should always include ‘to me’ as in ‘to me textbooks written by experts were useful’. the...