the solution now or later when they figure it out is them,not a prop firm,or advice or whatever hooey they are using as an excuse,you could teach them acd and a handful ,after coming from a guy who learned to apply it profitably ,would get it, it's not the method, it's not the teacher, it's that that person has to be number 1,not his fathers son or his brothers brother,a husband , a father etc...just one,not connected to all the other stuff to make him lucias, he needs to be lucias and all that other stuff is an aside..you have to be in tune with the market ,no different than a fireman and a fire ,and countless other examples,you need to be committed to the task at hand,just yuou ,alone, you can't be a leaner,depending on other things which often provide an easy out when wrong, a lie, a rationalization,that bs costs you a career ,in trading, several startup accts..this sn't a political load of crap,the numbers are on the screen and your mind is your sword or gun or lifejacket and it needs to be focused,the market eats bullshitters everyday,i believe it's built on the human's appetite to accept failure
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Cooltraderdude's TopstepTrader Combine (daily trade report and journal)
- Thread starter TST_Hoag
- Start date
Quote from Maverick74:
Don, the reason I keep asking you if you are with me is because it's very obvious you are not reading this thread. There have been over 20 pages about me and surf doing a combine. Surf asked me to do it with him as he is going to write an article about it. Michael also personally asked me. I didn't want to do it really as I have a shit load of positions on right now. But since no one else stepped up, I agreed to it. There is no profits to split as it's a combine!!!!! LOL. Seriously, I know we have discussed this about 18 times now. You keep giving me a hard time by talking down to you but Don, you are not doing a good job keeping up here.
So anyway, yes, Michael offered Surf and myself a freebie to demonstrate what the previous guy couldn't. Going through the entire process. Don, can I ask you a serious question. Do you really not understand this? Or are you just being coy for some other reason?
"But since no one else stepped up", not true.... Read my first post on this board.
If you are used to Ninjatrader, good luck with Cunningham, feels like stonage.
Cooltraderdude could observe your trades as a trader friend via cts software, win win for everyone.
eagle 11
eagle11
Quote from ammo:
the solution now or later when they figure it out is them,not a prop firm,or advice or whatever hooey they are using as an excuse,you could teach them acd and a handful ,after coming from a guy who learned to apply it profitably ,would get it, it's not the method, it's not the teacher, it's that that person has to be number 1,not his fathers son or his brothers brother,a husband , a father etc...just one,not connected to all the other stuff to make him lucias, he needs to be lucias and all that other stuff is an aside..you have to be in tune with the market ,no different than a fireman and a fire ,and countless other examples,you need to be committed to the task at hand,just yuou ,alone, you can't be a leaner,depending on other things which often provide an easy out when wrong, a lie, a rationalization,that bs costs you a career ,in trading, several startup accts..this sn't a political load of crap,the numbers are on the screen and your mind is your sword or gun or lifejacket and it needs to be focused,the market eats bullshitters everyday,i believe it's built on the human's appetite to accept failure
Ammo, let's try this again. I am not interested in helping Lucias. There are a million Lucias's out there. I can't help them all. Your "solution" cannot revolve around me teaching the world how to trade. Telling him to find his inner self and all that new age crap is great, but he needs a solution "now" as in tonight. He needs a plan. All these guys on ET need a plan. None of them have one. You can see that if you spend a few minutes perusing some of the journals on here. Even the title of the threads should give it away.
This is what I'm trying to explain to the naysayers. There are 3 options most people have and 2 out of the 3 are almost impossible for most of ET. So where does that lead them? I guess technically there is a 4th. They could go to Collective2 like Lucias and sell subscriptions. They could try to start a fund which would be a disaster of course. For the first time, this combine could give a guy living in Utah who went to a community college and works a night job a "shot" at becoming a trader. It's still a long shot as we all agree. But it's still a shot.
Do I think TST's combine is perfect? No, as I've stated many times, there are several things I would change and do differently both to help the trader and the investor. I looked at Pulsar. And I looked at Index Elite. If I thought they were better, I would say so. Now maybe next week a new one will pop up and it will be better. If it is, I'll say it!
Maybe a new prop firm will get started that will take in that kid from Utah with a community college degree. If I see it, I'll post it! And if you read back even further on these threads I even gave advice to young people who are still in college. That is to get out of finance and into computer science and learn programming. That is where 95% of all the trading jobs are today. Even the manual discretionary jobs want a guy with programming experience.
Also I suggested if one is just getting out of school this very day, get out of the US and move to Singapore. The far east is the future of trading, not NY or Chicago. Shanghai, Singapore and Hong Kong form the Asian triangle. Which will be the center of the trading universe. And move from financials into physicals where "real" trading is still done, not the HFT crap that we have here. I have given this advice over all these TST threads. I gave this advice not because I'm selling anything or associated with anything but because I believe it's true to the best of my knowledge. This is real actionable advice. Not lighting an incense candle and listening to new age music and discovering your inner self. This is a very hard business and guys need a plan. A REAL plan. Trading on a ninja simulator for two years is not going to cut it nor is funding a futures account with 1800 bucks. That is my opinion.
1st thing we all need is a plan ,which you mentioned,you have to find something and master it in sim,then trade it,this requires the 2nd thing,inner self crap as you referred,you have to be able to hold thru risk til target,or take your planned loss ,both of these ,sound simple,but if you haven't conditioned yourself to (horse blinders) ignore everything but the screen, the fear and greed and skittish lack of adhereing to a plan trump the plan,and the account goes bye bye. TST's proposal is fine but it's geared towards scalping which is tough when you sell a 1 lot and the spu's pop 2 points,you hit the stop,next trade,next trade, and as cool trader found out,you are down 1200 and your loss limit has been exceeded,your combine money gone ,very few can scalp, the hft's and the arbs are massaging 2 and 3 point bounces on a 20 point down move and vice versa,they have long and short stats and pick off the small scalpers, cl you enter a one lot and it moves 70 cents against you in 4 seconds,boom, acct gone,it is the hardest way to trade on a small loss limit,if you can do it,you are a very good trader, the top 5%,this leaves me thinking that TST"s business model,keeps 95% of that combine money,so it's a great for TST,but chances are slim and you need to scalp on sim for months on their rules,if you want to get backed by TST. Personally, i think there are a lot of easier ways to trade than scalping and i would urge the 95% to keep their combine money in thier pocket,as far as the lucias's of the world, you can start with 2k and survive,succeed ,but you need to sit on your hands and take maybe 1 sure trade a week, then 2 ,then 3,in 6 months your trading the same but 2 lots, and so forth,it's boring, you have to watch the market and wait and wait,but if you have found a niche or an edge,use it,just in small steps at first,no different than selling services, one customer, then two ,etc,,,
Quote from ammo:
1st thing we all need is a plan ,which you mentioned,you have to find something and master it in sim,then trade it,this requires the 2nd thing,inner self crap as you referred,you have to be able to hold thru risk til target,or take your planned loss ,both of these ,sound simple,but if you haven't conditioned yourself to (horse blinders) ignore everything but the screen, the fear and greed and skittish lack of adhereing to a plan trump the plan,and the account goes bye bye. TST's proposal is fine but it's geared towards scalping which is tough when you sell a 1 lot and the spu's pop 2 points,you hit the stop,next trade,next trade, and as cool trader found out,you are down 1200 and your loss limit has been exceeded,your combine money gone ,very few can scalp, the hft's and the arbs are massaging 2 and 3 point bounces on a 20 point down move and vice versa, cl you enter a one lot and it moves 70 cents against you in 4 seconds,boom, acct gone,it is the hardest way to trade on a small loss limit,if you can do it,you are a very good trader, the top 5%,this leaves me thinking that TST"s business model,keeps 95% of that combine money,so it's a great for TST,but chances are slim and you need to scalp on sim for months on their rules,if you want to get backed by TST. Personally, i think there are a lot of easier ways to trade than scalping and i would urge the 95% to keep their combine money in thier pocket,as far as the lucias's of the world, you can start with 2k and survive,succeed ,but you need to sit on your hands and take maybe 1 sure trade a week, then 2 ,then 3,in 6 months your trading the same but 2 lots, and so forth,it's boring, you have to watch the market and wait and wait,but if you have found a niche or an edge,use it,just in small steps at first,no different than selling services, one customer, then two ,etc,,,
Absolutely completely disagree with you. TST is NOT for scalping and most guys who pass do NOT scalp. As CTD realized when he did his combine, even he said it, no way you can pass this by scalping. TST does NOT encourage scalping. In fact, quite the opposite. They tell guys to be patient and take as few trades as possible. Go for the bigger moves. Ammo, if you trade one lots, you could have a 20 handle stop theoretically on the ES before getting stopped out. Come on. TST is not for scalpers. I agree, scalping is dead and if you read these threads, that was my word of advice to CTD was to stop trying to scalp and go for bigger moves. I also told him to get away from ES and move to Crude. Crude moves 2k a day on a one lot. You are making this harder then it needs to be Ammo.
And btw, Michael already went on the record saying about half the guys qualify for the free refund. Not sure where you are getting this 95% figure from.
Quote from ammo:
with the time mike spends on the tst boards, he doesn't have time to trade, if the trading was more profitable than the combine, he wouldn't be spending his time on the combine,that 's just 2 +2
You just have one excuse after another don't you? I refute one of your lies and attacks and you have 4 more sitting in your pocket. For the record, I have no idea if he trades or not. He hardly posts during the trading day. And I highly doubt he is a scalper. The guy has been a floor trader for about 10 years or so. And now he owns a business. I know a lot of guys that start to burn out after 10 years. Or at least want to cut back their trading. In fact, in your last post, if you actually read the crap you post, you said guys should sit back and take very few trades which is probably exactly what Michael does. LOL. Ammo, give it up man. You sound like a very bitter guy that is reaching for anything. Look, if you want to post real "constructive" criticism on here, by all means do it. But take the tin foil hat off your head and start adding some quality to your posts other then shit like, well if Michael could make billions why doesn't he own his own island crap. No offense, but you are really coming off as a newbie.
,i haven't lied,made any excuses ,or attacked or posted crap,nor am i bitter,reaching, whereing a hat,didn't say mike was making billions, just more at tst than trading,no mention of an island..take your own advice ..done here ..conversation is going in circlesQuote from Maverick74:
You just have one excuse after another don't you? I refute one of your lies and attacks and you have 4 more sitting in your pocket. For the record, I have no idea if he trades or not. He hardly posts during the trading day. And I highly doubt he is a scalper. The guy has been a floor trader for about 10 years or so. And now he owns a business. I know a lot of guys that start to burn out after 10 years. Or at least want to cut back their trading. In fact, in your last post, if you actually read the crap you post, you said guys should sit back and take very few trades which is probably exactly what Michael does. LOL. Ammo, give it up man. You sound like a very bitter guy that is reaching for anything. Look, if you want to post real "constructive" criticism on here, by all means do it. But take the tin foil hat off your head and start adding some quality to your posts other then shit like, well if Michael could make billions why doesn't he own his own island crap. No offense, but you are really coming off as a newbie.
Quote from ammo:
,i haven't lied,made any excuses ,or attacked or posted crap,nor am i bitter,reaching, whereing a hat,didn't say mike was making billions, just more at tst than trading,no mention of an island..take your own advice ..done here ..conversation is going in circles
Yeah, you did. You said 95% of the guys were not getting refunds. When in fact 50% are. Thank you for leaving. I asked you 10 times to give a young trader advice and you were 0 for 10. If you actually posted something that could help someone, that would be different. But man you can't even buy a quality post right now.