10 Days With TopStepTrader
- Thread starter austinp
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who cares about the long run? what is wrong with earning for a short time?
in any case there are traders who run 20-30 yrs as a "short run".
Quote from TrendLineBreak:
Pekelo said something like this before, "So he gets a medal for trying? He is a vendor and should have passed this by now."
The first 2 Combine he did, we didn't really get an update because he simply stopped posting.
When austinp shows a chart, and talks about it, I know exactly what he's talking about because I was a former student.
And I agree with baggerlord, there is immense value in what he taught us.
Then how come it hasn't worked for me? When the market is moving well, we make a killing. When the market is choppy, we get destroyed.
That's the missing part I'm trying to figure out, how not to get destroyed when the market is choppy.
So this is my suggestion to austinp. So what if it is a losing Combine? Just finish it for all to see.
You will get more respect by doing that.
Have you worked out how things would be if you simply did not trade on choppy days? Would the difference to P&L be significant?
I'm not a day trader but I have followed a pretty good CL trader and seen the same thing. He does wonderfully when there are good swings, but then he trades on choppy days and loses. I believe he is profitable overall, cost on choppy days is probably more in terms of frustration to him and small losses.
Bit like card counting in the casinos, you only play when the odds are in your favour.
Last night I watched just a few videos on youtube. I see zero losses. so it's like Austin never loses on youtube, and makes it seem easy to trade. he even bashes the message boards, as if they are all loser traders.
and it's clear he is pumping sim trades as real now on his homepage. this is a little sad.
remember. in the after-life, god will not be happy with people who lie. and fraud is one of the deepest pits of hell, according to dante's inferno.
i'm sure we will all be bashed for being idiots, and excuses are yet to follow. likely just text posts from him and no P/L from the combine. I want to see the funding letter....if not, failure. there is no 2nd place in the combine. you either make it or fail.
and it's clear he is pumping sim trades as real now on his homepage. this is a little sad.
remember. in the after-life, god will not be happy with people who lie. and fraud is one of the deepest pits of hell, according to dante's inferno.
i'm sure we will all be bashed for being idiots, and excuses are yet to follow. likely just text posts from him and no P/L from the combine. I want to see the funding letter....if not, failure. there is no 2nd place in the combine. you either make it or fail.
I would just like some clarity on his website, are they actual money or sim trades?
Is it just me or did his website disappear as well?
Is it just me or did his website disappear as well?
Quote from TrendLineBreak:
Pekelo said something like this before, "So he gets a medal for trying? He is a vendor and should have passed this by now."
The first 2 Combine he did, we didn't really get an update because he simply stopped posting.
When austinp shows a chart, and talks about it, I know exactly what he's talking about because I was a former student.
And I agree with baggerlord, there is immense value in what he taught us.
Then how come it hasn't worked for me? When the market is moving well, we make a killing. When the market is choppy, we get destroyed.
That's the missing part I'm trying to figure out, how not to get destroyed when the market is choppy.
So this is my suggestion to austinp. So what if it is a losing Combine? Just finish it for all to see.
You will get more respect by doing that.
Everyone makes a killing when the market is "moving well", the problem is nobody can predict if the market is going to "move well" today or chop the entire day, week or month, you only know that the market is choppy when your trades dont work anymore i.e trades getting stopped out and you lose money.
Day traders typically have small profit targets, over time the slippage, stop losses, commissions and bid/ask spreads ensure that they fail.
Patience to wait for those situations is difficult, but absolutely golden.
There are price environments where even the best micro-scalpers can struggle and I started a thread in the trading forum about it recently. Looking forward to contributions from others who've "mastered" avoiding the chop or maneuvering through it with limited damage.
Quote from NoDoji:
Patience to wait for those situations is difficult, but absolutely golden.
There are price environments where even the best micro-scalpers can struggle and I started a thread in the trading forum about it recently. Looking forward to contributions from others who've "mastered" avoiding the chop or maneuvering through it with limited damage.
I'll look for the thread and sub.
I'm a swing trader with a soft spot for a nice entry.
wrb is a vendor from what I understand. I am sure he would have no problem passing a combine and getting funding.
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