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

Quote from ammo:

i have admitted nothing,putting words in my mouth, more lies and insults from a fool,if you want to read the market ,learn market profile , start with a notebook and hand chart it from open to close ,normal business hours, hand charting will force you to take note of the markets back and forth movements, after a few months you will be bored and your hand will know where the market is going , while it waits for it to get to the square so you can fill it in, apply that same short term knowledge to a longer term chart and combine it with the daily , once you can spot these fill in areas you wait for it to move in a direction and go with it, knowing the target /destination in advance..trading couldn't be made any simpler... spx should visit 1421 and possibly 1406 this week,if we break 1428 area.. i don't know much ,but i try to share it..mav you are becoming quite the troll with the insults

I'm the troll? LOL. Everything is a scam to you. Fine. TST is a scam. Now move the fuck on. You have said this over and over now. We got it. Start your own thread and give people your market calls. Stop shitting on this thread. You made your point. Got it. Run along now. I'm dead serious. I'm going to start hitting the complain button if you keep repeating yourself over and over and over again. I'm Dr. J and TST is a scam. Close this thread moderators. Time to move on.
 
Quote from Maverick74:

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.


When I first read about TST I was very skeptical. But the fact that Patak goes out of his way to tell guys to be patient and wait for spots is a HUGE tell. He wants guys who can trade, not guys who will churn a ton of commission and hand over a good % of their profits back to Patak in commissions. A lot of firms that back guys push them to trade like maniacs and do a ton of volume.

Cool Trader was just another example of someone with zero game plan,zero risk management.....was just throwing shit against the walls. The fact that he called himself a HFT was comical. HFT's do not trade manually clicking the order book. They have a program do all the work, the only need for a person is to adjust parameters or turn the thing off if the volatility gets out of control.

Your buddy Lucias seems beyond delusional. I have said this before and will say it 1000 more times. IF someone is as good as Lucias stated, they can get backing. Obviously he is not a good trader. I read some of his babble......is beyond insane.
 
MAV, i've noticed that when you can't win a debate ,you start throwing insults ,you did the same in the bigot thread, that's really childish, you might want to outgrow that,makes you look like a two year old throwing a tantrum, just read your last post,when i'm wrong ,i just admit it,and concede the loss, walking away a little smarter,i think it's called learning or maturing
 
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.

Honestly CT, if 20 guys go into the combine with no strategy, no risk management, no idea (like you did) all 20 will fail.

If 10 guys go in with a defined strategy, excellent risk management, wait for set ups......I would bet 7-8 of them would get funded. Patak's combine is very achievable to go to the next level.

The problem is, most guys these days, especially newer guys do not want to put in the time to come up with a great plan/risk management. They want to go for the home run every trade, do 50 trades a day. They want to be Mr Millionaire Trader right away. Good luck with that.
 
Quote from ammo:

MAV, i've noticed that when you can't win a debate ,you start throwing insults ,you did the same in the bigot thread, that's really childish, you might want to outgrow that,makes you look like a two year old throwing a tantrum, just read your last post,when i'm wrong ,i just admit it,and concede the loss, walking away a little smarter,i think it's called learning or maturing

I've never seen you do that. You're a troll. Now get out of here. Pitch your services somewhere else. No one is buying here. I tried to have a civil conversation with you but you kept attacking. Over and over again. I asked you some very straight forward questions which you refused to give straight answers. Why don't we just agree that we don't like each other. I won't talk to you on other threads and you stay off my threads. I'm an adult. I can do that. Can you? Or are you going to fucking stalk me now like the troll that you are and follow me to every TST thread ready to throw your "it's a scam" line out there. Be a man and walk away Ammo. There are 40k threads on ET for you to piss on. I'm only on a few of them. Please, avoid mine. Thanks.
 
Quote from Maverick74:

I'm the troll? LOL. Everything is a scam to you. Fine. TST is a scam. Now move the fuck on. You have said this over and over now. We got it. Start your own thread and give people your market calls. Stop shitting on this thread. You made your point. Got it. Run along now. I'm dead serious. I'm going to start hitting the complain button if you keep repeating yourself over and over and over again. I'm Dr. J and TST is a scam. Close this thread moderators. Time to move on.
i think you better find a corner and go cool off before you embarass yourself any further, your even doing tst a dis service now, mike is trying to find traders and make a little money off the combine, it's a win win,he doesnt need your help,tst is a good program for those that sim first using tst rules,for the rest it's money in tst's pocket
 
Quote from ammo:

i have admitted nothing,putting words in my mouth, more lies and insults from a fool,if you want to read the market ,learn market profile , start with a notebook and hand chart it from open to close ,normal business hours, hand charting will force you to take note of the markets back and forth movements, after a few months you will be bored and your hand will know where the market is going , while it waits for it to get to the square so you can fill it in, apply that same short term knowledge to a longer term chart and combine it with the daily , once you can spot these fill in areas you wait for it to move in a direction and go with it, knowing the target /destination in advance..trading couldn't be made any simpler... spx should visit 1421 and possibly 1406 this week,if we break 1428 area.. i don't know much ,but i try to share it..mav you are becoming quite the troll with the insults [/QUOTE

For those that use profiles, consider putting them out of the way, i. e., to the left of the current forming price bar. Also add a pane that shows the leading indicator of price.

As shown, the majority do not move price and the minority DEFINITELY MOVE PRICE.

The sponsors of the combine offer are just fishing it appears.

Since this threat is popular, I read it to find out how the CW is percolating along. Sad situation.

The chicken feed players just remain where they began.

Elsewhere are two threads. In one a person is only averageing 12 ticks a day on ES and wishes to know how to get her trading to pick up. On another thread the combine has been taken note of as a standard to prove TA works.

I also glanced at a posted trade from a while back. It was in effect for just over 200 minutes and 40 contracts pulled down 44K.
 
Quote from Maverick74:

I think that is fair to a point. Physical sports are unique in that respect. But as I did point out, almost all coaches DID have the physical aspect at an earlier time. They may not have been an all star, but let's be honest, even playing collegiate sports is one hell of a fucking accomplishment. Those coaches that might look fat and dumpy now were studs 25 years ago. What they are offering a young athlete is perspective.

Trading is different in my mind that I believe trading to be very anti-social. Meaning I think most of us that are good at it are generally speaking more the loner types or certainly not social butterflys. Unfortunately, we make bad teachers because of this. Most guys no matter how good they are simply don't have the communication skills to help others.

Whereas there are many guys in this space who are knowledgeable about trading and maybe halfway decent enough, but who ARE social creatures. For the record, I don't know any really outgoing guys who excel at trading. I just think it's a different skills set. However, those outgoing guys can make good teachers. They just have no desire to spend the 10,000 hours behind a screen to master this. They rather be out and about.

So I'm not sure it's so black and white to say someone needs to be a master to teach. I think most newbie traders just need some early guidance. They need someone to point them in the right direction and really give them self confidence. Nobody on this earth can transfer their talent and knowledge to another person at will. Trading simply doesn't work that way. At best, one can silently observe someone who is master trader and make note of his behavior and habits and try to emulate them. Even that will only get you so far, but it's a start.

A lot of useful things helpful to trading can be learned from nontraders: computer hardware, software, programming, nutrition, physical fitness, relaxation, etc. Some knowledge about trading can be learned from people without regard to their trading level: order types, margin changes, new products, pending legislation, etc.

With regard to actually extracting profits from the market, transference is tricky. I think the best that can be done is to offer a structured process where drills are used to build rudimentary skills that take a person from nonparticipation to supervised limited participation to unsupervised limited participation without risk. Participation means trading with real dollars, and the elimination of risk for the learner means his losses are backed up by the transferor.

The combine being discussed here is obviously not for transference but to purportedly showcase a broke person's skills to obtain trading capital. There have been some comments about the real purpose of the combine being a profit-grab by the company at the expense of the dreamers. I think to the extent there are forced add-on services and high commissions, these criticisms are valid. However, as I stated yesterday, a person without money to fund his own account cannot dictate terms. With the small amount needed nowadays to open an account, I don't see this program being attractive to many people outside of a perenially broke population like college kids. In any case, IF the terms are clear and they are adhered to by the company without flim flam (a big IF), I don't see how anyone can reasonably object to this program being made available.
 
Quote from ammo:

i think you better find a corner and go cool off before you embarass yourself any further, your even doing tst a dis service

And the stalking continues....

Par for the course for Ammo. Maybe if I would buy your stupid market profile course you will go away? JUST WALK AWAY AMMO.
 
Quote from Maverick74:

And the stalking continues....

Par for the course for Ammo. Maybe if I would buy your stupid market profile course you will go away? JUST WALK AWAY AMMO.
i did pay for the combine, i can't scalp,i saw the stuff they were teaching and it was repetitive basic beginner stuff,tst is for a very limited type of sniper trader,maybe you should have taken the course before you became the et expert,now move along,you havent a leg to stand on,your winded and completely out of bullshit, just cave , be a man and walk away,admit your a windbag..if you don't you are stalking me,i havent told any lies, have nothing to prove, just don't llike being lied about and insulted, you brought this on yourself
 
Back
Top