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    Opposite you....

    most likely idle until after weekly inventory report. Big picture: long bias outlook above O/R and short bias outlook below O/R will post trades ahead of time, upon execution, about where I plan to exit, data past exit
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    Opposite you....

    I'll play tomorrow and Friday only, CL futures intraday. How much financial pain are you looking to suffer?
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    Topsteptrader

    I completed two combines successfully, and several others prior unsuccessfully. Of those others, very first two met all parameters successfully on the CL side while second symbols (ES, ZS) failed to qualify. Part of the failures were due to 10-day limits before the continuous combine choice...
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    Topsteptrader

    I actually think most traders who are serious about success, can. But most traders aren't mentally prepared for what success really demands... especially in modern financial markets with their constant algo-riddled spikes and chop all night & day. In my personal case, I've evolved the...
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    Topsteptrader

    fwiw: received the funded acceptance email from TST today... completed 10-day process with 100% win rate. Next personal goal is collecting $5,000 wired in asap. Then working towards increasing max contract size over time until trade executions liquidity becomes a real consistent problem :)
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    Topsteptrader

    true, I never meant to disparage 1099 status... just not the 60/40 tax break on futures contracts, but then again taxes & accounting vary dramatically on each individual situation. And creation :)
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    Topsteptrader

    To my knowledge they have funded nearly 300 traders around the globe so far in 2015, maybe more I'm not sure. There is a mailing list you can be on that profiles each individual funded, shows their combine results, interviews with them in the live squawk segment daily, etc. The "rules" have...
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    Topsteptrader

    The "cushion" is not losing big enough to go bust out of the gate. I start with 1-lots CL using a -5 tick (-$50) initial stop on losers, targeting +20 to 50+ tick (+$200 to $500+) gains in winners. I also use a scaled-in entry approach where winning trades move far enough in favor to add a...
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    Topsteptrader

    "Oh, my god. But I love it. Keep it alive." Seven of the minimum ten (max sixty) days completed in FTP mode... all necessary parameters to qualify now exceeded. I'd like to wrap with all ten net profitable just because who wouldn't, but now it's merely a matter of time. FOMC sessions along with...
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    Topsteptrader

    TST refill costs -$100 lesson. There is a finite number of those any trader can hit. generic sim reset has no consequence... can be done virtually forever, no lesson learned other than maybe bad habits = no pain?
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    Topsteptrader

    A couple of readers here emailed me to point out the fact that I have not met all parameters in the FTP yet. There needs to be a daily win rate of 50% overall and theoretically I could fail that. Which is/was true. But after today we have 4 wins / 0 loss days with a net balance above $1,700. So...
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    Topsteptrader

    imo the overall TST combine process is an excellent tool for instilling self-discipline in traders on the risk management side. The same thing CANNOT be done in sim mode where frustrated traders can simply waive their magic wand, hit reset and pretend the failures never happened. Instead of...
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    Topsteptrader

    then I began the second FTP last week, today was session three of what I believe is ten minimum, met all parameters to qualify so now a matter of playing out the string until notified otherwise and I think we go live soon afterwards. biggest challenge was juggling multiple accounts, real cash...
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    Topsteptrader

    sorry for the lack of follow-up here... been busy with real money trading and real life along with TST progress. FTP failed on a technicality, went below $0 on the 11th day which I wasn't aware of being a stipulation, my mistake 100%. So the next complimentary combine was successfully completed...
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    Topsteptrader

    Scalability is beside the point. Lescor and -$20k, a TST combine with -$2k shutdown is the exact-same process involved. Some winning days, some losing days, some days the equity curve rolls both ways before settled. The all-too-common message boards' misconception is day-trading must mirror...
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    Topsteptrader

    For the past few years since inception of this thread, I've tried to be open-minded and objective about the entire process. Years ago I continually railed for an open-ended combine process because imo any ten days at random involves too many variables for true vetting. Now let's assume Aspiring...
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    Topsteptrader

    http://www.elitetrader.com/et/index.php?threads/grinding-it-out-day-after-day.187730/page-160 This thread is required reading for all ET viewers... first place everyone should go, read it thru about five - ten times and then read it again until the realities of trading really sink in. Like...
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    Topsteptrader

    How can you expect anyone here to take you seriously when you post bullshit like that? If you want a real conversation, go spend those same nine days in a real combine and show everyone how it's done. That C2 crap is a joke, and a bad one at that.
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    Topsteptrader

    You just don't get it and you never will. The only thing that matters in trading is end result. The end result of my demo was $3,300+ after all costs, ready to be wired out and spent if real. The only true legendary thread in this site is Lescor's "Grinding It Out" year-long saga where he...
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    Topsteptrader

    I was invited to complete a FTP with the start of my choosing, which of course is asap tomorrow. Now we shift back to less aggressive mode because the proverbial benchmark bar has been lowered. All trades begin as 1-lots with -5 tick initial stop. When price appears to be breaking up or down...
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