Cooltraderdude's TopstepTrader Combine (daily trade report and journal)

Quote from ammo:

mav your leaving out the size and loss limit restrictions,that changes abilities on sim quickly
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YES. I concur. Could not agree with you more. I'm simply pointing out that these guys who are raging on this thread (about what I still don't know), but they are contradicting each other with every post. I agree, with no rules, sim trading is fun, it's a game. For the kids ya know. But once you pay for it. Once you have to follow rules and guidelines. That changes things. But these guys go apeshit once a blotter comes up and talk about how easy it is to make money on a sim. I just want these guys to pick a side, any side. Hell, just flip a coin and decide where you are on this. LOL. But don't make two contradicting arguments. That is just poor message board etiquette. And we can't have that around here. :)
 
Quote from volente_00:

It's just chickenshit to show 18 profitable traders out of the 200-500 that are playing the game. Ive seen people kill it on sim, I've mentored traders that think they are ready and 90-95% of the time once they go live it all falls apart. Sim is great for testing a strategy or figuring out a platform but it gives a false confidence to those who use it for to long.
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volente_00- Lets calm down. I show these daily on my twitter account (or try to update it daily).

The image below shows our biggest losing Combine accounts (those with loss limits, the ones without loss limits are practice accounts).. As scouts we see positive in this image, as a majority of the recruits are shutting it down BEFORE hitting their loss limit. Doing this day in and day out INSTILLS discipline. We instill discipline and help people recognize when they need to shut it down.

https://twitter.com/MichaelPatak/status/248486834940813312/photo/1/large

mp

ps. look at the person without a loss limit (-$18k for the day?!).... Loss limits are there to protect you and give you the opportunity to live to trade another day..

lastly anyone help with making this an image rather than a link? mav I liked how you did it?
 
A3LNdbhCIAAMC7q.jpg:large


That's going to cost you Michael. :)
 
Quote from Maverick74:

It's looks like the biggest losers were trading Crude as well! :)
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Whoever lost $18K trading oil today has one hell of an edge, just needs to flip their chart monitor 180 :p
 
Quote from NoDoji:

Whoever lost $18K trading oil today has one hell of an edge, just needs to flip their chart monitor 180 :p
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It's one of the ET traders who thinks stops are for sissies. As Michael said, this is what happens when you don't enforce rules on traders. The scary thing is, that guy that lost 18k is looking for someone to back him/her. :eek:
 
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