Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

[austinp]

Quote from nazzdack:

If he had a funded account, he would have lost his funding when he experienced greater than a 50% drawdown from his intra-day profit peak of ~$3200 down below $1600. :eek:

I didn't see that in the rules. Busy mowing the lawn right now an having lunch. Will get familiar with all details after dark tonight, and join the fun next Monday

 

[Xspurt]

Quote from marketsurfer:

Whoa, they cut your funding completely when you lose 1/2 of your daily profits? That's brutal---- Or just shut you down for the day?

Remember I said it was not real life trading rules and you said how so? That's one of them

Rule number 1: read the rules

 

[pbb]

Quote from marketsurfer:

Talking about tilt-- got a bit too aggressive into the lunch hour--

Wishing you a great ride some hours ago didn't help I guess. Too bad, just thought whow when I saw your first print. Don't they have some build in feature to save some profit when some sort of up limit is reached?

Just curious and won't judge, it's your style and I do respect that. When you were of from +3k to let's say a small plus, didn't you think of logging of, to be able to have a fresh start tomorrow and trying to make a full combine over the next weeks. This 'so called' combine review isn't really going anywhere when no one will actually make it half way.

With a start like this morning and another 5 days with smaller profits, you would have been king. Again too bad, would have been nice to see you make it.

 

[marketsurfer]

Quote from austinp:

I didn't see that in the rules. Busy mowing the lawn right now an having lunch. Will get familiar with all details after dark tonight, and join the fun next Monday

I don't see it either, AP. I don't think its there---

surf

 

[nazzdack]

Quote from marketsurfer:
----cut your funding....
----lose 1/2 of your daily profits?
----brutal....
----shut you down....

1) Big print giveth and small print taketh.
2) That "devil" is in the firm's "details". :eek:

 

[austinp]

Quote from Xspurt:

Remember I said it was not real life trading rules and you said how so? That's one of them

Rule number 1: read the rules

Overall Winning Day % of 50 or greater

all I see is that... which means five out of ten days minimum must finish green. I see nothing at first couple passes that talks about specifics of intraday peak-draw cycle parameters

 

[marketsurfer]

Quote from pbb:

Wishing you a great ride some hours ago didn't help I guess. Too bad, just thought whow when I saw your first print. Don't they have some build in feature to save some profit when some sort of up limit is reached?

Just curious and won't judge, it's your style and I do respect that. When you were of from +3k to let's say a small plus, didn't you think of logging of, to be able to have a fresh start tomorrow and trying to make a full combine over the next weeks. This 'so called' combine review isn't really going anywhere when no one will actually make it half way.

With a start like this morning and another 5 days with smaller profits, you would have been king. Again too bad, would have been nice to see you make it.

Thanks, Brother. Yeah, I should have quit for the day rather than ramping up and getting aggressive cause it was house money. I hope MAVERICK is cranking in the coin--- surf

 

[marketsurfer]

Quote from austinp:

Overall Winning Day % of 50 or greater

all I see is that... which means five out of ten days minimum must finish green. I see nothing at first couple passes that talks about specifics of intraday peak-draw cycle parameters

The peak to trough intraday shut off permanently doesn't really make any sense.

Betting nazzdack misread it.

surf

 

[austinp]

Big picture: this is a test to see who...

Can be net profitable at least five days out of ten.

Can trade at least ten days out of thirty to prove consistency.

Can limit losses greatly.

Does not book nine small wins and one whopper loss.

Does not plunge all-in for a big score and game over.

In other words, see who really knows how to trade. The small entry fee is a filter to sift out non-serious parties, and also a decent income to buffer potential future loses I assume.

That's how I see the big picture at cursory glance... trolling for profitable prop traders = asset managers = whatever title applies

 

[nazzdack]

Quote from marketsurfer:
----peak to trough....
----sense.
----misread....

I have looked beyond the combine to see what things are like for the "live" traders. There are additional parameters. The "50% profit drawdown above $500" guideline was there last time I looked.