Flip long 90
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
Flip short 5699
SL 5702
Quick comment on the Topstep thing while the fårikål is cooking. Fårikål = får i kål = sheep in cabbage literally translated. It's Norway's national dish.
I made a 5 figure withdrawal from my accounts yesterday. After my monster win a few weeks ago I'm actually in drawdown from equity highs, but the accounts are still in good health and I will keep trading them after the withdrawal. Fortunately, wise from prior experiences, I was smart enough to size down and focus on staying in the game as opposed to trying to make it all back in one day.
I think it was Ed Seykota who said that a big win can be as destabilizing as a big loss. I also read this post from Anthony Crudele on Twitter earlier this week which really resonated with me:
So, that's my plan for now. For the future, until the money's in my bank account I'm going to shut the hell up. LOL. And maybe even then.
As for Topstep - it seems like a great deal to me for anyone who can trade and don't have much risk capital. It's probably a good deal for those who can't trade, too, as their losses will be smaller.
I'm going to pay down some debt with this AND buy my GF a new Macbook. I consider it a reward for her patience with all the time I'm spending on this (most other girls would have left me years ago) and also because it would be cool to have something physical in the external world that was paid by my trading operations.
caught some short there for +12.5, but STILL red on the day.
Calling it now.
Good luck
Calling it now.
Good luck
Topstep … I’d rather use Earn2Trade Trader Career Path 50 and trade my way up. But both are tight (risk wise) to trade the ES. I mean biggest TS account is 4,500 maximum loss. Which is 1% risk per point. Given the adage “Never risk more than 5% per trade” it’s a 5pts stop loss. That’s … tight for the biggest account.
Also I hate tradovate. It’s a toy. Rithmic Trader a little better. I would use SierraChart. Oh yeah … there’s also NinjaTrader but I don’t like it neither (it’s a good platform though).
Enjoy your gains @Laissez Faire !
Also I hate tradovate. It’s a toy. Rithmic Trader a little better. I would use SierraChart. Oh yeah … there’s also NinjaTrader but I don’t like it neither (it’s a good platform though).
Enjoy your gains @Laissez Faire !
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Ya know, everyone thinks we'll get a sell-off on a .25 vs .50 rate cut. I don't know about that. See a .5 hints that things may be worse than expected. .25 means the plan is working and we're plodding along the intended course. I think I'd sell the initial spike if we were to get a .5, and buy the initial dip on the .25.
Now if he doesn't cut at all, uh-oh... all bets off and watch out below.
Quick comment on the Topstep thing while the fårikål is cooking. Fårikål = får i kål = sheep in cabbage literally translated. It's Norway's national dish.
I made a 5 figure withdrawal from my accounts yesterday. After my monster win a few weeks ago I'm actually in drawdown from equity highs, but the accounts are still in good health and I will keep trading them after the withdrawal. Fortunately, wise from prior experiences, I was smart enough to size down and focus on staying in the game as opposed to trying to make it all back in one day.
I think it was Ed Seykota who said that a big win can be as destabilizing as a big loss. I also read this post from Anthony Crudele on Twitter earlier this week which really resonated with me:
View attachment 349295
So, that's my plan for now. For the future, until the money's in my bank account I'm going to shut the hell up. LOL. And maybe even then.
As for Topstep - it seems like a great deal to me for anyone who can trade and don't have much risk capital. It's probably a good deal for those who can't trade, too, as their losses will be smaller.
I'm going to pay down some debt with this AND buy my GF a new Macbook. I consider it a reward for her patience with all the time I'm spending on this (most other girls would have left me years ago) and also because it would be cool to have something physical in the external world that was paid by my trading operations.
1) Lamb and cabbage? Sign me up! My wife just told me if I give her the recipe, she'll cook it for me
2) Words of wisdom
3) Give her a baby instead, the battery lasts longer
(said respectfully, peace)PS: and congrats again on your recent success, here's to much more in the future!
Quick comment on the Topstep thing while the fårikål is cooking. Fårikål = får i kål = sheep in cabbage literally translated. It's Norway's national dish.
I made a 5 figure withdrawal from my accounts yesterday. After my monster win a few weeks ago I'm actually in drawdown from equity highs, but the accounts are still in good health and I will keep trading them after the withdrawal. Fortunately, wise from prior experiences, I was smart enough to size down and focus on staying in the game as opposed to trying to make it all back in one day.
I think it was Ed Seykota who said that a big win can be as destabilizing as a big loss. I also read this post from Anthony Crudele on Twitter earlier this week which really resonated with me:
View attachment 349295
So, that's my plan for now. For the future, until the money's in my bank account I'm going to shut the hell up. LOL. And maybe even then.
As for Topstep - it seems like a great deal to me for anyone who can trade and don't have much risk capital. It's probably a good deal for those who can't trade, too, as their losses will be smaller.
I'm going to pay down some debt with this AND buy my GF a new Macbook. I consider it a reward for her patience with all the time I'm spending on this (most other girls would have left me years ago) and also because it would be cool to have something physical in the external world that was paid by my trading operations.
This is what I mean you guys and by you guys I unfortunately mean the majority of people on this website, you say and believe things that are incorrect. You fight it tooth and nail until it slaps you upside your face so hard you can no longer ignore it. In this case it's the prop firms, you pooped on them all the time, only to find out that the obvious is true. It's a great value and almost beyond ridiculous to risk your own capital(in most cases for most people, of course there's exceptions), particularly if you don't have a lot or enough of it.
This is just a segway into countless of other things people here say. It's 4 months or so later and everything I said was correct on my end. I've traded well since than, got better each month, as well as made more money each month as the months progress.
Meanwhile people here get so offended, when they are called out that they largely make money because the access to capital, company or team they are a part of. It's like what is the point of all this? It's obvious how most people on these boards are making money, yet it's some song and dance of people jockeying for position trying to fool people into thinking they have some great trading skills or some direct trading edge. It's incredibly disingenuous for some of the big guns here to give out there advice to other people looking to day trade, when they themselves couldn't produce if they were put in the persons shoes they are giving advice to. How much is a joke is that? Again some of them can't even actually day trade in that sense, their literally just relying on on other things to turn a profit.
No, this isn't be being jealous or salty, because I am doing well. It's the exact opposite actually. The better I do, the more I realize how disingenuous, ignorant and arrogant a lot of traders are. The better I do, the more it annoys me that people will sit here and defend some of the absolute garbage people say. Finally looks like I have some people that are serious about trading and willing to help me with coding, development and potentially in other area's. I've made all this progress with none of that help, so just imagine what can be accomplished now that I actually have some of the advantages the people here have.
I came on here to actually make connections and just met with non stop trolling and the people who aren't trolling are worst than the trolls because people actually look up to them and they have no problem either directly giving misinformation or being disingenuous about how they actually make money, just so they can be some big shot, regardless of who's expense it comes at.
