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

Quote from volente_00:

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 ?
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I'll assume that those numbers are correct and that they give a good representation of the chances you have to pass Combine... Obviously there's some problems with assuming that...

BUT if it is close then that tells us the following...

30/5400 = .005 or .5 % chance of passing Combine...

Compare it to a double 0 roulette wheel...

1/38 = .026 or 2.6% chance at getting your paying number...

This means that betting "straight up" any number at roulette is a better game for you and you have more chances there than beeing a trader with TST. In fact you have 5 times the chance at straight up roulette.
 
Quote from CoolTraderDude:

I'll assume that those numbers are correct and that they give a good representation of the chances you have to pass Combine... Obviously there's some problems with assuming that...

BUT if it is close then that tells us the following...

30/5400 = .005 or .5 % chance of passing Combine...

Compare it to a double 0 roulette wheel...

1/38 = .026 or 2.6% chance at getting your paying number...

This means that betting "straight up" any number at roulette is a better game for you and you have more chances there than beeing a trader with TST. In fact you have 5 times the chance at straight up roulette.
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Yeah, but those numbers aren't correct. So garbage in, garbage out.
 
Quote from Maverick74:

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.
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unless you've seen the 50% returned, it's not a fact,my advice to a young trader was to master an edge on sim then trade it,this is not a thread about me,or my limited knowledge of the markets, so i haven't gone into it,i have always shared what i do know with et,you have repeatedly made personal attacks which have nothing to do with the subject...if the above is an example of a quality post,then we are on different planets
 
Quote from volente_00:

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
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Lots of ways to look at it volente... Usually it's best to look at the ROA of the "ROI" and your "assets" not the margin requirement. On $50000 it's 7%... On a $1000 one way stop out bet that would be 350%...

Eitherway with your example it's still 140% return in 10 days.
 
Quote from ammo:

unless you've seen the 50% returned, it's not a fact,my advice to a young trader was to master an edge on sim then trade it,this is not a thread about me,or my limited knowledge of the markets, so i haven't gone into it,i have always shared what i do know with et,you have repeatedly made personal attacks which have nothing to do with the subject...if the above is an example of a quality post,then we are on different planets
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I think we are on different planets. I'll leave it at that. Good luck with your trading and please stay off these threads.
 
Quote from Maverick74:

I think we are on different planets. I'll leave it at that. Good luck with your trading and please stay off these threads.
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You don't have any right to tell anyone to stay off of threads... It also makes you look like you're trying to shut people up.
 
Quote from CoolTraderDude:

Lots of ways to look at it volente... Usually it's best to look at ROA of the "ROI" and your "assets" not the margin requirement. On $50000 it's 7%... On a $1000 one way stop out bet that would be 350%...

Eitherway with your example it's still 140% return in 10 days.
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You know what's funny CTD, if you put in as much time with your trading as you did with your analysis of TST, you wouldn't have blown out in 5 days. I mean seriously, you have put hours upon hours into whether this model is a scam or not yet couldn't even take 5 minutes to figure out what the active futures contract was that you were trading. This is the problem with ET. Guys spend their lives bitching about how hard the market is on this message board and spend little to no time on improving their own trading. I'm just sayin...
 
Quote from Maverick74:

You know what's funny CTD, if you put in as much time with your trading as you did with your analysis of TST, you wouldn't have blown out in 5 days. I mean seriously, you have put hours upon hours into whether this model is a scam or not yet couldn't even take 5 minutes to figure out what the active futures contract was that you were trading. This is the problem with ET. Guys spend their lives bitching about how hard the market is on this message board and spend little to no time on improving their own trading. I'm just sayin...
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Blaming the trader on an almost impossible to do mission unless you take a heavy gamble...? Again... Doesn't make you look to good... AND it doesn't change any of the facts of the model...
 
Mav how are you still responding to this drivel? I admire your patience.

Cooltrader of course it is your fault that you blew out. Don't blame the model. You were trading when you didn't know how to use the software. You didn't even understand the products you were trading. Man up and take a little credit for failing the combine! You want to blame anyone but yourself when you weren't willing to put in a couple hours to make sure you knew what you were doing before you started. That is pathetic. If you accepted some blame and acknowledged your shortcomings you might stand a chance to not repeat them in the future.
 
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