6 months TopStep 50K Net Profits

[Sekiyo]

 

[p0box4]

Four contracts in these market conditions could mean you hit the max draw down again in just a matter of minutes. I would be more careful if i were you, good luck!

 

[Sekiyo]

Four contracts in these market conditions could mean you hit the max draw down again in just a matter of minutes. I would be more careful if i were you, good luck!

True.
First went with 2 contracts.
But it went up, averaged down and get out with a smaller target.
True it's risky to trade 4 contracts with a 3K max daily loss as it's 15Pts max risk.
Even if the volatility is currently on the downside ... We never know.
And it's better to be precautions rather than over leveraged.

Currently short 1 contract @ 3151.5
Target 3097.5

 

[p0box4]

True.
First went with 2 contracts.
But it went up, averaged down and get out with a smaller target.
True it's risky to trade 4 contracts with a 3K max daily loss as it's 15Pts max risk.
Even if the volatility is currently on the downside ... We never know.
And it's better to be precautions rather than over leveraged.

Currently short 1 contract @ 51.5

If a company announces they found a vaccine for Corona tomorrow, market is going to take off hard and it will happen fast. It's unlikely, but it can happen.

 

[Sekiyo]

If a company announces they found a vaccine for Corona tomorrow, market is going to take off hard and it will happen fast. It's unlikely, but it can happen.

True. Nothing is impossible !

 

[Sekiyo]

I am a seller @ 3156.50

View attachment 220421

EDIT1:
Filled 1 @ 151.5. Target 3097.5
Even though we might head toward 3077.5

EDIT2:
We've reached 53.5 but order not filled yet.
View attachment 220422

Nice floor

View attachment 220423

Pull back

View attachment 220425

3135 ?

View attachment 220426

Bingo

View attachment 220428

Finally sold a 2nd contract @ 3146.75
View attachment 220436

Average price is then 3149.125
View attachment 220437

I'll TP today's low @ 3127
View attachment 220438

Was 20 more points in the money with one contract.
Now I am struggling with 2 contracts ...
Bullish movement building up.

I am safe below 3165.
Upside Risk is 3180.

 

[Sekiyo]

Filled @ 3127

TST's Report

My report

 

[comagnum]

Good idea to use a volatility based positions sizing strategy. The indexes have been making price moves close to 4 times their long term avg!

 

[Sekiyo]

Good idea to use a volatility based positions sizing strategy. The indexes have been making price moves close to 4 times their long term avg!

View attachment 220470

Yes it's insane to be exposed to such variation in PnL with so few contracts.
Love it it's way better than slow market. Traders love volatility.
But yeah it's riskier so exposure is downsized.

Nice charts !

 

[Sekiyo]

LMAO

This is a simulation of 1000 paths picking among the 22 trades, returns, for 253 times.
Starting capital 150K. Min ever reached 135K.
Else is Bankroll at 253rd day.

Just funny.
Nothing else.

And this is what the simulation looks like if tomorrow I hit 0.95

And what if I hit 0.99 5 times in a raw ?