Now just think if you had 200-500 willing to pay every month for that chance with the same failure rate as live trading
Now throw in a true veteran es trader who has made millions and you will have them eating out of your hand
Cooltraderdude's TopstepTrader Combine (daily trade report and journal)
- Thread starter TST_Hoag
- Start date
Now just think if you had 200-500 willing to pay every month for that chance with the same failure rate as live trading
Now throw in a true veteran es trader who has made millions and you will have them eating out of your hand
I've given what I think is the best plan of approach here. I'll go over it again.
Step 1) sign up for the free 10 day trial with no performance reporting. Just work on getting to know the software and learning the ins and outs of trading. If you want, before this try a free 2 week trial with Ninja as well thus giving you 4 solid weeks to put a plan together.
Step 2) start the first combine with the goal of simply being profitable. Don't worry about the other metrics, just focus on making money. Do the 20 day, not the 10 day.
Step 3) Whether or not you qualify for the free combine or not, start a new 20 day, this time with the goal of making money and meeting the performance metrics.
Step 4) Do another 20 day combine and repeat step 3 if you failed to accomplish it. If you did qualify for the refund, do it again.
Step 5) Do another 20 day combine. Continue to do the 20 day combines until you qualify for 3 refunds in a row. This means you are net profitable AND you are adhering to the rules and performance requirements.
Do NOT worry about the p&l requirements. My guess is after the free combine, you will probably need to do 5 to 6 20 day combines before you get 3 in a row. Once you do get 3 in a row, fund your own account at a firm like Velocity Futures. I personally like them because they offer TT, CQG, QST and Ninja and provide a lot of great support. I have no affiliation with them.
So the goal here is to put in a solid 6 months. My guess it will cost the avg guy/girl two combines, the rest should be free. After 6 months being that consistent, you are ready to trade. Now if you don't have any capital to fund your own account. I suggest having 25k at the minimum, then you can keep doing the combine until you meet the p&l requirement or raise the funds on your own through outside sources. This, in my opinion is how one puts together a long term plan to consistency and profitability.
Not trading crude oil in the hole and gunning it the last two days simply to meet some objective that gets you a live account in which you will have no ability to actually trade with consistency or profitability. That is my personal advice.
You only have to hit that once. Not hard to do amigo. Yes, it would be hard to hit that every single month. But one month? Come on dude, now you are just trolling.
Quote from CoolTraderDude:
You were the kicker on your football team...?
Haaaaaa....!!!! Haaaa...! Haaaa....!!
Isn't that the loser position...?
No but seriously don't choke on Monday!
I think everyone wished you well when you stepped up to do the combine.
Have some class and do the same for others.
Quote from volente_00:
Now just think if you had 200-500 willing to pay every month for that chance with the same failure rate as live trading
Now throw in a true veteran es trader who has made millions and you will have them eating out of your hand
Don't give Don any ideas
This is why (A) prop and (B) training intersect a very small space. Why? That would make too much sense (less $).
Wow Mav, you are really doing the combine? Sweet. And why the need exactly?
Apparently it is pretty hard considering there are only around 30 live traders out of a minimum of 5400 paid combines in the past 30 months.
So what are you going to trade in your combine ?
I was challenged.
I'll post about it when they officially set up the thread.
I wish I could give this a try. And man do I wish this was available when I first was trying to trade full time. Would have saved me some cash.
I suggest AustinP, Lucias, and that spreadtrader vendor do it too. Along with Don Bright of course. I'm not knocking any of those people. Two I respect a lot, one a little, and one not at all(as traders, not as people. I'm sure they are all swell individuals). I want to be entertained.
I suggest AustinP, Lucias, and that spreadtrader vendor do it too. Along with Don Bright of course. I'm not knocking any of those people. Two I respect a lot, one a little, and one not at all(as traders, not as people. I'm sure they are all swell individuals). I want to be entertained.
this thread was never about you,it was about whether patak was running a scam,draw in the wanna be's,take the 300$ and give a teddy bear to 1 out of a 1000(carnival) you have been promoting it ad nauseum,patak would not divulge the backer, i always assumed it was Najarian,I know jon, and he's bright ,i don't think you are him, but your relentless religious devotion to promotion makes me think you are one of his lackies