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

Quote from Maverick74:

No, the reason for doing this demo on ET was because TST was getting attacked relentlessly by some of the locals here. So they became a sponsor and offered a few free combines to explain what the process is.

I didn't hear if you said you wanted to showcase your "talent" Don. :D

I currently am long a shitload of risk reversals in ES options as well as a pretty sizable bond option position short vol and leaning a little long deltas. Any other questions? LOL.

Really? E's options eh? OK, good luck with them.

I stay quite busy trading, and play online poker when bored. But, I support you 100%.

Don
 
icing-the-kicker-t-shirt-vintage-t-shirt-review-snorg-tees-snorg-tees.gif


In the sport of American football or Canadian football, the act of icing the kicker or freezing the kicker is a tactic employed by defending teams to disrupt the process of kicking a field goal just prior to the snap. Typically, either a player or a coach on the defending team will call time out just as the kicker is about to attempt a game-tying or game-winning field goal. This is intended to distract, frustrate, annoy, and make the kicker nervous, increasing the likelihood of his missing the kick.

http://en.wikipedia.org/wiki/Icing_the_kicker
 
Quote from Maverick74:

icing-the-kicker-t-shirt-vintage-t-shirt-review-snorg-tees-snorg-tees.gif


In the sport of American football or Canadian football, the act of icing the kicker or freezing the kicker is a tactic employed by defending teams to disrupt the process of kicking a field goal just prior to the snap. Typically, either a player or a coach on the defending team will call time out just as the kicker is about to attempt a game-tying or game-winning field goal. This is intended to distract, frustrate, annoy, and make the kicker nervous, increasing the likelihood of his missing the kick.

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

You were the kicker on your football team...?

Haaaaaa....!!!! Haaaa...! Haaaa....!!

Isn't that the loser position...?:D

No but seriously don't choke on Monday!
 
Quote from CoolTraderDude:

You were the kicker on your football team...?

Haaaaaa....!!!! Haaaa...! Haaaa....!!

Isn't that the loser position...?:D

No but seriously don't choke on Monday!

Shouldn't you be busy looking for a job on Monday? :D
 
Quote from Maverick74:

Shouldn't you be busy looking for a job on Monday? :D

Actually now that you mention work, I should be getting ready to go to work tonight...!

:cool:

I'm out...

Later...!
 
Icing the kicker pretty much falls into the lame and useless category. Time and again I see the time called and the kick is made, or the kick was missed and then made as a result of this stupid rule. It is another pathetic marketing ploy, whcih makes me more inclined to turn off the NFL as I have the NBA and am for the most point with MLB. We have a sophmore on the local highschool team that hits 55 yard field goals with no effort. At the NFL level the newer rule is just stupid. I don't need any pro sport to go on for another 15 minutes, and the assines rules that make pro sports last longer has caused me to walk away and turn off all of them rather than watch these idiots, the refs , or whoever, whether pros refs or amatuers, to say enough, and I walk away from every game beyond my home team. I watch 50% less football than I used to and I am pretty sure I am not the only one. I haven't watched the NBA in at least 10 years.
Trading is a different entity, and the comparisons are rare. For me there is no one paying me to trade, I get paid when I trade and am successful. Pro sports, that useless QB, running back, Kicker, etc, gets a paycheck regardless. I have had the same disscussion with others and they seem to think I have a great job until they get I don't get paid when I take a day off, I have no sick time, etc.
Kickers and trading get a life, no comparison, they get paid despite their miss.
 
Quote from Maverick74:

If you simply focus on passing the combine you are going to develop bad habits and trade scared. CTD was a perfect example of this. You heard what he said. He said after he was down after 4 days, he did the math and the only thing he could do was take big shots. Now explain to me with that attitude how that guy is going to develop good trading habits. See Joe, here is the problem. If getting funded was the be all end all, then why are so many guys getting sent back to the combine after they go live? It's because they have NOT become consistent. Who cares about passing the damn thing if you are going to manipulate your trading simply to pass. They are going to cut you off fast. You're never going to see a check. You are not going to profit off of it. So what's the point?

You might as well focus on becoming a good trader. That way when you do go live, you'll be able to stay there and get paid!!!!!!


That's why the correct approach for someone who has never traded futures is to practice first before taking the combine.

At the bare minimum, taking the 14-day free sim trial and getting familiar with the platform/products are a given. Developing a strategic plan on how meet the parameters is also important.

CTD did neither, so the odds of passing was low. And since it was a free combine, there was nothing to lose by winging it.

However, CTD's statement regarding the purpose of the combine was to get funded, which I agree with. As I posted already, the TST website is also promoting that.

If someone pays for the combine, then they're going to at least make an attempt to pass.

So the goal remains the same, which is to get funded, although the approach to how you get there will vary for each trader.

Take the examples of the past three funded trader reports that were posted. All of them traded CL, and they passed by "gunning it" into the close. What would you have them do?

Change any of the parameters?
Not trade crude in their live account?

Personally, I'd rather take a strategic approach, which would include keeping a practice account open through a paid membership, having access to all the other tools if needed, and reviewing my daily stats. Then, when I'm ready, I'd pay for a combine.

I'd like to hear your take on how a trader gains "consistency" when they have 10 trading days to make $3,500.
 
Quote from CoolTraderDude:

3500/50000= 7% ROI in 10 days... Surely most sought after fund managers could pass this without gambling... Because most return that in like a year... :D



your numbers are wrong

You only have to return $3500 on $2500 worth of intraday margin in 10 days to get funded.


Piece of cake man
 
Quote from Maverick74:

I have a problem with this statement. Let's say one decides to trade two lots of CL at 100k a contract. That's 200,000 in notional. That's a 1.75% return capadre. Of course one can trade up to 5 contracts, but I'm trying to keep things within reason. Why bring up notional? Because notional return is the world hedge funds live in. Anyway, good luck in your next endeavor.

Only 45% return annually

No problemo amigo
 
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