150K TST Combine

Sekiyo said:
TST is my only account which is SIM

Betting on a 80 Pts rise on the ES @ 3900
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And just like that, there we are. 3900 and then some intraday. What a difference a day makes. Why do you think I am currently in a heavy swing mode? The market moves are too large (for me) to sit there and worry about stops!

Monday my MNQ was down 1400 points. Today it was, at one point, down like 750 points.

As it sits now, it is down like 950.

Combines were designed years ago back when the markets didn't move. Now they do, in a big way.
 
Overnight said:
And just like that, there we are. 3900 and then some intraday. What a difference a day makes. Why do you think I am currently in a heavy swing mode? The market moves are too large (for me) to sit there and worry about stops!

Monday my MNQ was down 1400 points. Today it was, at one point, down like 750 points.

As it sits now, it is down like 950.

Combines were designed years ago back when the markets didn't move. Now they do, in a big way.
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I am glad you’ve found how to handle this market. Swing trading is definitely the way to go or at least watch the 4 hours chart and seat tight till there is something to do on the lower level. I can’t swing with TST as the positions must be closed for maintenance time.

Thanks for the insights.
 
Sekiyo said:
I am glad you’ve found how to handle this market. Swing trading is definitely the way to go or at least watch the 4 hours chart and seat tight till there is something to do on the lower level. I can’t swing with TST as the positions must be closed for maintenance time.

Thanks for the insights.
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I believe TST offers the micro combine, which allows for ON holds. Or maybe it is not them, the other place? That's kinda' why I was egging you on about the MES. If TST is really the place that allows you to trade the micro combine, and allows overnight holds in that combine, why would they not allow it on the 150K mini combine when using micro products? *shrugs* You'll have to dig a little into that.
 
Overnight said:
I believe TST offers the micro combine, which allows for ON holds. Or maybe it is not them, the other place? That's kinda' why I was egging you on about the MES. If TST is really the place that allows you to trade the micro combine, and allows overnight holds in that combine, why would they not allow it on the 150K mini combine when using micro products? *shrugs* You'll have to dig a little into that.
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Yes this is nonsense but I am not going to blame TST for my failure because I knew what to expect !
I believe they do offer a swing account (micro account) but here are my combine's rules:

All positions must be closed prior to 3:10:00 PM CT. If you are trading a Futures contract that closes before 3:10:00 PM, you need to exit that market prior to the daily close to ensure you are flat for the 3:10:00 PM CT hard cutoff.

Holding positions across trading days between 3:10 PM - 5:00 PM CT is not allowed in the 30K, 50K, 100K & 150K Trading Combine accounts.
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Make sense to trade MES for Swing trading during period of high volatility.
 
Sekiyo said:
Trend following.
But yeah entries are ... kinda randoms.

Was buying tiny breakouts on the ladder but it reverse most of the time.

Breaks higher then breaks lower. Breaks lower then breaks higher.

Was buying tiny tops and selling tiny bottoms.

But I figured it out. Works well though when there is a strong and quick moves but these are not the norm.

I zoomed out.

Added trendlines.
5min chart instead of 1min + ladder.
I measure move and get a feel for what’s next.
Look HH HL LH LL and support / Resistance
50% retrace also. Watch the 1h chart too.
ABC pattern.

Was looking to apply Darvas method on the ladder level but it's too noisy and I bought the top and sold the bottom but I might not have applied it correctly.

Too much for too little.
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For trend following I use MA slope as direction indicator and only enter with that direction.

This may sound obvious but one can be misled by higher frequency variations and mistake them for the (new) trend and having a rule for choosing the direction of the entries saves you time and eliminates guessing.

In the meantime, be careful with the daily/weekly loss limits. They are tight.
 
Poljot said:
For trend following I use MA slope as direction indicator and only enter with that direction.

This may sound obvious but one can be misled by higher frequency variations and mistake them for the (new) trend and having a rule for choosing the direction of the entries saves you time and eliminates guessing.

In the meantime, be careful with the daily/weekly loss limits. They are tight.
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thanks buddy.
I definitely try not to fight the trend.
Even though there are reactions of reactions.
I try not to miss the big picture for the “noise”.

I’ve simplified such as buy support in uptrend,
Sell resistance in dowtrend. Let’s see !

Trying to squeeze the reward to risk,
Cut short loss and let profits ride.

Found some nice spots,
But had not the balls to hold,
Some 10:1 reward to risk lmao (overnight).
 
Sekiyo said:
Wish me luck.

150K combine is 1000$ max loss per week.
Or 20 points which divided by 5 is 4pts daily.
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Wish you luck. But if you don't want to have weekly loss limits, try our 150K Practice Session. It's faster, it's 7% cheaper and you don't have weekly loss limits even at step 2 (Qualifying Session). By the way, Step 2 of our Trader's Recruitment Program is always free for your first month!
 
Liberty Market Investment said:
Wish you luck. But if you don't want to have weekly loss limits, try our 150K Practice Session. It's faster, it's 7% cheaper and you don't have weekly loss limits even at step 2 (Qualifying Session). By the way, Step 2 of our Trader's Recruitment Program is always free for your first month!
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You have daily loss limits, with outrageous scaling ideas and outrageous trailing drawdowns. Please stay out of journal threads geared to your competition? Oy!

$250 maximum limit on a daily on your small account. That's FIVE POINTS ON THE ES. FIVE (5) points on the ES. FIVE POINTS.
 
Overnight said:
You have daily loss limits, with outrageous scaling ideas and outrageous trailing drawdowns
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Every prop firm has dalily loss limits and trailing drawdowns. How are our limits worse than anyone else's?
 
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