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

Looking to trade in the Combine today and hopefully I don't suck... Nothing would be worse than to make money in practice but to lose in Combine... However, sometimes that's the nature of the game...
 
UPDATE:

4 winners, 1 loser in Combine

NET: +$62.50

Couldn't get any real luck... I couldn't get long on my big money trade because there was no liquidity, spread actually widened...!

What to do...?

Continue trading or stay now...? Tough call... Thinking about it...!
 

Attachments

Quote from CoolTraderDude:
----hopefully I don't suck....
----Nothing would be worse than....
----lose in Combine....
More...
You seem to have a mild case of Self Esteem Deficit Syndrome. A very bad affliction for a trader to have. :(
 
Quote from satchel:

Good stuff. Now this sat mir guy is in here messing with your ego, and you are engaging him. Ignore that. Your ego and trading should have nothing to do with each other. Some quotes on separating ego from the trade.

Marty Schwartz:
  • I turned from a loser to a winner when I was able to separate my ego needs from making money. When I was able to accept being wrong. Before that, admitting I was wrong was more upsetting than losing the money.
  • When I became a winner I went from 'I figured it out, therefore it can't be wrong' to 'I figured it out, but if I'm wrong, I'm getting the hell out, because I want to save my money and go on to the next trade.'
  • By living the philosophy that my winners are always in front of me, it is not so painful to take a loss. If I make a mistake, so what!
More...

Beware of very very general comments that can be interpreted in many ways. I have a class right now in CULT leaders. They say something very general that is left up to the interpretation of the group. The group is seeking meaning. When actually looked at they have said very little and let YOUR imagination run with it.
 
Hello all-

I will be announcing a new funded trader during my "Drill a Scout" session of our broadcast at noon CST today.

I encourage you to stop in...

Also... cooltraderdude is trading very sound so far. He has shown great poise. A lot can be said about that type of trading while having all eyes and opinions on your performance.

We relate this type of thing (those that blog or post their Combine) to being a batter at the plate with hecklers, and fans in the stands all watching and waiting for that talent to produce. This is pressure and cooltraderdue is handling is well thus far.

mp

ps... if you don't have access to our Squawk radio chat room already, you can gain access right away by sign up for the free 2 week trial https://www.topsteptrader.com/twoweektrial/WT
 
Mr. CoolTraderDude, if you have a minute to catch an old man up on what exactly is going on here. I have scanned the last few pages, and I see you saying you're "in the combine" which I guess is real money vs. paper trading, is that correct? Then I see you said "no real money"? I'm confused, which isn't hard, but just like any casual observer, I'm rooting for you, but not sure where you stand.

Care to help? Thanks,

Don
 
Quote from Don Bright:

Mr. CoolTraderDude, if you have a minute to catch an old man up on what exactly is going on here. I have scanned the last few pages, and I see you saying you're "in the combine" which I guess is real money vs. paper trading, is that correct? Then I see you said "no real money"? I'm confused, which isn't hard, but just like any casual observer, I'm rooting for you, but not sure where you stand.

Care to help? Thanks,

Don
More...

:)

Hi Don...

The Combine is a simulator as well... All of this trading is done on a simulator that mimicks live trading.
 
Anyway...

It's all over now...

-$1287.50... Broke one of the Combine rules... Oh well... Kept looking for the bottom on that market and stopped out spectacularly.
 
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