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

satchel · Sep 22, 2012

Quote from Maverick74:

Yeah wtf. Now everyone wants to do a combine? When did this happen?

You know what would be fun is to setup a tournament or an ET challenge and keep standings and stuff. Not sure how this would look. Could be a round robbin like tournament or maybe just a scoreboard. I don't know, there's probably a way to do this which will be good for business for them and get more of ET involved and make it fun.

If Surf gets involved, this thing is going to go viral for sure. I'm afraid it might shut down the ET servers. Baron will have to think about this.

Yeah, Hi! Can you imagine the website hits...

Quote from satchel:

The idea of 'combines' is intriguing. It gets to the heart of the matter, execution. Forced to take only the best shots (physical practice) vs being a monkey on a sim.

In any case,
New business model A: License out the combine software/reporting module to ET. Require all new members to take a 10-day combine before being allowed a single post. Reap the benefits of attracting the real elite. Relegate the rest to the newbie forums (or P&R) .

New business model B: All ET members have key combine stats listed under their profile names. Imagine only allowing access to post on threads in the Trading forum based on the simple criteria that you can trade. Utopia.

License this stuff out - isn't making money while you sleep the secret to riches?

justrading · Sep 22, 2012

Quote from Maverick74:

Yeah wtf. Now everyone wants to do a combine? When did this happen?

You know what would be fun is to setup a tournament or an ET challenge and keep standings and stuff. Not sure how this would look. Could be a round robbin like tournament or maybe just a scoreboard. I don't know, there's probably a way to do this which will be good for business for them and get more of ET involved and make it fun.

If Surf gets involved, this thing is going to go viral for sure. I'm afraid it might shut down the ET servers. Baron will have to think about this.

Well if you leave out the extras like coaching it makes it easier on TST. Just a straight trading contest according to their combine rules. TST runs the contest for ET. Contestants are encouraged to keep journals on ET, Surf writes about it.

Top 3 get offers from TST either for funding or a free real combine if they insist on doing it their way, plus MP can cherry pick among the rest.

The TST-ET Turtle Combine Contest.

SteveNYC · Sep 22, 2012

Quote from CoolTraderDude:

Oh hell yeah!!!!

Mav do the Combine with a live journal...!!!!!

You've made a really good point here... Reality... Manning throws 500 yards in simulator but sucks a little again when he goes live and gets sent back to simulator... Manning is toast!

My example wasn't hypothetical. It actually happened. NY Giants beat the TB Bucs last Sunday 41-34. http://sports.yahoo.com/nfl/boxscore?gid=20120916019

Manning 3 INTs --> 3 TDs for Bucs. Manning not benched. Manning not sent to the NFL Combine. Manning throws 510 yards. Giants win. Good game. I saw it.

SteveNYC · Sep 22, 2012

Quote from Maverick74:

I would entertain the idea if another ET'er wants to jump in as well. I'm busy at the moment with a few things but maybe later this fall I would entertain the idea. Do you honestly think anyone on the TST threads that were attacking me would trust me to give a fair review? LOL.

We just want you to test drive the Combine.

We are not going to laugh at you if you don't pass.

It's all about the Combine.

marketsurfer · Sep 22, 2012

Quote from Maverick74:

Yeah wtf. Now everyone wants to do a combine? When did this happen?

You know what would be fun is to setup a tournament or an ET challenge and keep standings and stuff. Not sure how this would look. Could be a round robbin like tournament or maybe just a scoreboard. I don't know, there's probably a way to do this which will be good for business for them and get more of ET involved and make it fun.

If Surf gets involved, this thing is going to go viral for sure. I'm afraid it might shut down the ET servers. Baron will have to think about this.

I'm 100% committed to doing this with you Mav. Let me know when you are ready to start. It will be a blast, I'm looking forward to trading under scrutiny, and it will provide great fodder for an article.

marketsurfer · Sep 22, 2012

Quote from marketsurfer:

I'm 100% committed to doing this with you Mav. Let me know when you are ready to start. It will be a blast, I'm looking forward to trading under scrutiny, and it will provide great fodder for an article.

In my opinion this idea is way bigger than TST or even ET. Although they should both benefit from TST's brilliant concept ---I see it as way to revitalize day trading, to bring interest back to the business, to make it interesting once again. Like Mav says, once this goes viral, not only will everyone involved benefit, the business ( we all love) wil get a must needed adrenalin injection. surf

trendlover · Sep 22, 2012

Aaaah cooltraderdude, I think you feel your trading with no plan is can make you money is really the same like you feel you have superior genes. Be careful with the big ego.

But good luck! Only luck is part. Just like is only luck to be born in the USA with so much wealth and freedoms.

MichaelPatak · Sep 23, 2012

Quote from nazzdack:

1) My interpretation is you have to do "2 out of 3" for EACH market you trade, i.e. S&P, Euro, Crude Oil, Corn, 30-Year Bond et al.
2) If you trade "too many" markets, you could easily falter with one and have to repeat the process, unless an "accomodation/priviledge" is given. :eek:

Yes that is true. That is why we say minimize the amount of products you trade. Its smart to do this as you stay very intune with the product you are trading which is key.

mp

ammo · Sep 23, 2012

Quote from marketsurfer:

In my opinion this idea is way bigger than TST or even ET. Although they should both benefit from TST's brilliant concept ---I see it as way to revitalize day trading, to bring interest back to the business, to make it interesting once again. Like Mav says, once this goes viral, not only will everyone involved benefit, the business ( we all love) wil get a must needed adrenalin injection. surf

i'm sure the hft"s would love the larger portions to feast on

CoolTraderDude · Sep 23, 2012

Quote from trendlover:

Aaaah cooltraderdude, I think you feel your trading with no plan is can make you money is really the same like you feel you have superior genes. Be careful with the big ego.
But good luck! Only luck is part. Just like is only luck to be born in the USA with so much wealth and freedoms.

People have been on my case about trading without a plan...

So let me reply to that...

There is a huge difference between objective probability and subjective probability the market is definitely in the subjective probability category.

For those who do use plans I suggest Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets by Nassim Nicholas Taleb...

http://www.amazon.ca/Fooled-Randomness-Hidden-Chance-Markets/dp/0812975219

...or... you can get a synopsis here...

http://en.wikipedia.org/wiki/Fooled_by_Randomness

In my experience every plan that I've ever had went out the window... So I don't bother with them anymore...

If I had a plan it would be ABC... That's "Always Be Cutting"...

I play a game with the market somewhere in between "hot potato" and "chicken"...