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  1. M

    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    Hey nice job Austin. You have been beating oil with an ugly stick for a week now. Can you post your performance metrics for both Beans and Oil? It sucks if you miss the metrics on beans then it nulls the combine altogether. My best advice for anyone who wants to trade more then one product...
  2. M

    The ACD Method

    BTW, if you guys are looking for a good natty equity ticker, BOIL is more commission friendly and moves more in price and it's optionable! Check it out.
  3. M

    The ACD Method

    Watch the 5 day number lines to confirm. Currently I have Crude at 0 on my 5 day. I have noticed with momentum trades you want to see the 5 day confirm which for me is a + or - 5 reading. My 30 day for Crude is -13 which has come off nicely from -28. But that negative reading means it still...
  4. M

    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    I'm too disciplined for your taunting. :)
  5. M

    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    No, you can't. http://articles.chicagotribune.com/2012-08-09/business/chi-cftc-urges-quick-action-on-futures-account-insurance-20120809_1_cftc-officials-peregrine-ceo-russell-wasendorf-futures-customers They are currently trying to pass this. To my knowledge, and this article is 2 months...
  6. M

    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    This is what happened to a lot of the fixed income shops here in Chicago. Almost all of them were trading mean reversion on the yield curve and they got blown out. Worked for many years. The FED certainly didn't help matters by buying up all the cash paper out there. I heard Mr. Gross played...
  7. M

    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    Surf, how soon is your article going to be posted?
  8. M

    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    Not anymore. I think "most" of the stock edges are gone. Even the biggest HFT firms are only making fractions of a penny now per share. But they do millions of shares a day so the p&l looks sexy. It's very deceiving. Ten years ago there were so many edges in stocks the hard part was...
  9. M

    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    Let's put a number on a long time. I have only traded futures once in my life for daytrading and that was 4 years ago. I think it's a good point of reference for people to gauge how hard this combine is. I'm not the best barometer at this point because I just don't have enough hours in this...
  10. M

    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    When Michael called me I warned him about this. I told him that the "other" message board (BM) was a much better venue for this as the maturity level is much higher. I have no idea why that is. Most message boards have a pretty low common denominator. For some reason BM is a higher quality...
  11. M

    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    Nice job today Austin! How long have you been actively trading futures?
  12. M

    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    Honestly, this thread has gone so far off topic that it's no longer about the combine and instead is about everything but. So no, I really have no issues with the public scrutiny. I think it might be worse for a newbie trader who still has a tendency to get emotional about things. I don't get...
  13. M

    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    Yup. Tying up loose ends. Had two products out of the five that were NOT meeting the performance criteria. Checked one off that list today with ES. So now 4 out 5 are meeting the performance criteria with one to go, the Aussie Dollar. Of course I fully admit it's silly to go for the full...
  14. M

    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    Guys, is there anyway we can keep this thread on topic? Otherwise, let's just close it.
  15. M

    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    Well, if you want to get specific, technically it's 30k. The combine Austin is doing allows you to lose 6k before getting sent back. When he goes live again they wipe that loss out. Michael stated that they are willing to do that 5 times. So if by "give" you mean how much in losses will they...
  16. M

    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    I'll take a stab at this. Somewhere in this 100 page thread I've already stated this but I'll state it again for those who don't wish to read the whole thread. I'm not a daytrader. Surf is not a daytrader. I haven't daytraded in 10 years. I have never really daytraded futures other then a...
  17. M

    2nd Debate:Obama trying to be aggressive

    I thought you were supporting Ron Paul? Whoops. :D
  18. M

    Fight at Hofstra!

    Wow, Rachel Maddow also has a full on erection for the post debate coverage. I knew it! :)
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