Yeah, pushed the loss limit today to nearly minus 980.00 prior to trading out of the hole to +1400 or so. Then started a series of weak entries, but pulled the plug on myself with the booked gains. Never want to relive the first session fiasco of +3ooo plus to - 1000 plus surf
Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)
- Thread starter TST_Hoag
- Start date
This is an open challenge to all haterz in this thread.
Step in the ring.
Step in the ring.
That's the problem here. I don't think profit objectives are a good thing for 2 reasons. One it messes with your mind when you are forced to hit a target over any time period rather it be for a combine or to make your monthly nut in real trading. No one knows what the market is going to allow you to take from it on any given day. A trader's goal is to grind out as much as it will give. By setting a profit goal one is also limiting their potential. 10 or 20 trading days is just to small of a sample period to judge a long term potential in a trader.
Quote from TST_Hoag:
Day 5 Trade Report for Marketsurfer.
No Trades for Mav.
After 5 sessions he's down $1583, of which $1470 went toward commissions. Only $113 was lost to other market participants who made better decisions than he did on his trades. IOW, marketstuffer is BE vis-a-vis other traders and generates a shitload of commissions that his marginal trading cannot overcome.
Since he already has a day job, he doesn't need money from trading as evidenced by the fact that he spends his days posting his paper trades on the internet to draw an audience. Therefore, marketstuffer is an ideal candidate who will add a bundle to your firm's bottom line. You guys should hire him pronto.
Magna
Administrator
I remind everyone this thread is about trading and the Combine and is not to sink to the level of personal attacks. I realize some of the Usual Suspects who follow certain members from thread to thread have a hard time sticking to trading (especially their own) but please stay on topic. And instead of constantly denigrating another person's trading ability maybe it would be more positive and useful to show your brilliant insights and trading acumen. Thanks.
IT's the funniest thing, they all have excuses why they won't demon strate their acumen. Austin P is the ONLY elite educator type to step up to the plate-- not to mention he seems pretty humble compared to these never lose big mouth trader wannabees who populate this site
The combine thing seems like a good idea for noobs or those looking for access to more trading capital. If one doesn't fit into those criteria, then I don't see the point.
EOM
EOM
To gain credibility on elite as a doer not just a talker--- win or lose. not to mention, why would you not want to trade more capital, with zero downside risk?
Otherwise, why do you post here at all? surf
Capital is not an issue, I have more than enough in my account to cover my trading. Been doing this for a while so I'm pretty sure I know what I can and cannot handle.
As far as credibility, I'm not concerned with that at all. I post here because it's something to do between trade setups. I have to be here at my desk to trade anyways, so it's not like I can go anywhere. Might as well read and post for fun
As far as credibility, I'm not concerned with that at all. I post here because it's something to do between trade setups. I have to be here at my desk to trade anyways, so it's not like I can go anywhere. Might as well read and post for fun