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

eagle11 · Oct 12, 2012

Interesting development. BEFORE you do a combine, you should know your odds.
I would change this, change that.... TST guys are trading veterans and they know what they are looking for.
Only a pro will pass the combine AND trade live(funded) over the long term with steady income.

happy trading

eagle 11

Laissez Faire · Oct 12, 2012

Quote from austinp:

Lastly, if you have seen my "pitch" you have seen a large sample size of youtube videos that show real-time charts and work. So please don't cherry-pick for sake of supporting your point.

When you mention cherry picking, I`m reminded of the saying which proposes that people should not throw stones in glass houses.

You always appeared at the ES journal after the market close once in while to show after the fact charts of how great you traded and implying that it was easy for everyone who is able to objectively follow where price itself wants to go without any interpretation or guesswork.

Quote from austinp:
While you and others stared at screens like deer in headlights or worse, selling into an obvious (and after yesterday, expected) trend session, those of us who know what we are doing leaned upside and raked in ca$h from those who lost.

Not mocking traders at all?

Get over yourself.

I will at least openly admit that I have mocked and will continue mocking other traders when it is warranted to do so.

Often it is simply needed and there is nothing wrong with that.

Daring · Oct 12, 2012

This would be a good event for ET vendors to show their market expertise.

Pekelo · Oct 12, 2012

Quote from austinp:

What good does it do to trade profitably but behind pace and finish at +$11,000 at the close of day ten? +$11,000 or -$11,000 is the same thing: failure to qualify.

That is exactly the problem. If that 11K profit was achieved by nice, consistent trading, they should back the guy, rules or no rules. After all, supposedly they are looking for excellent traders...
Who is to say the rules can not be or shouldn't be changed? After all the 12K minimum profit is arbitrary...

volente_00 · Oct 12, 2012

Quote from eagle11:

Interesting development. BEFORE you do a combine, you should know your odds.
I would change this, change that.... TST guys are trading veterans and they know what they are looking for.
Only a pro will pass the combine AND trade live(funded) over the long term with steady income.

happy trading

eagle 11

There is a 95-98% chance that even a pro will fail the combine as well as evidenced in this journal.

The number of current live traders out of the thousands that have paid for the combine supports this.

Ask yourself why so few who go live stay live ?

The answer is because the vast majority passed the combine from a lucky streak.

volente_00 · Oct 12, 2012

Quote from Laissez Faire:

When you mention cherry picking, I`m reminded of the saying which proposes that people should not throw stones in glass houses.

You always appeared at the ES journal after the market close once in while to show after the fact charts of how great you traded and implying that it was easy for everyone who is able to objectively follow where price itself wants to go without any interpretation or guesswork.

Not mocking traders at all?

Get over yourself.

I will at least openly admit that I have mocked and will continue mocking other traders when it is warranted to do so.

Often it is simply needed and there is nothing wrong with that.

Aren't you doing the combine right now ?

Laissez Faire · Oct 12, 2012

Quote from volente_00:

Aren't you doing the combine right now?

If my personal situation allows for it, which I think it will as of now, I will enroll when they offer the Combine with NinjaTrader.

3 (now 2?) weeks last I heard.

MichaelPatak · Oct 12, 2012

Quote from iankotze:

To austinp, If I may I would like to suggest you slow things down rather than speed things up. You are only down 3k so I think you should rather now scale down in size and focus on meeting the performance goals and just get back to break even for a roll over.

That way you can start of fresh for free without your mistakes made because of the new platform and will be more prepared to tackle this thing in the next round with a more steady approach.

6 days is plenty so I think you should be trading no more than a 5 lot. Remember that you also have to get more than 50% win day ratio.

Ian

Ian is exactly right. It is not about going for the profit target as much as it is about using proper trading mechanics. Using proper trading mechanic will keep it so you never pay a dime to tst. Profits will come with proper mechanics and a solid trading plan. When profits come naturally you will be getting yourself into position to naturally make the profit target as you are trading profitable consistently. This takes time but the Combine if taken serious can get you to that point.

Ian congrats on getting back on the funded trader team at TopstepTrader.

Mp

MichaelPatak · Oct 12, 2012

Quote from Pekelo:

That is exactly the problem. If that 11K profit was achieved by nice, consistent trading, they should back the guy, rules or no rules. After all, supposedly they are looking for excellent traders...
Who is to say the rules can not be or shouldn't be changed? After all the 12K minimum profit is arbitrary...

We accept customized Combine evaluation proposals. I with my scout team, review many each day. This is an option if you so choose.

Mp

austinp · Oct 12, 2012

Quote from Laissez Faire:

You always appeared at the ES journal after the market close once in while to show after the fact charts of how great you traded and implying that it was easy for everyone who is able to objectively follow where price itself wants to go without any interpretation or guesswork.

The chart setup you refer to is from a generic 5min timeframe, with the open range and price-action measurements projected from that at precisely 9:35:01am est.

If you, me and 6,004 other ES traders mark the chart like that at 9:35:01am est, we all see the exact-same thing... where price wants to go, more often than not.

I explained the concept in free public videos available to anyone who cares thru ET sponsors' links. I explained all that to you at the time. Did I somehow use the wrong words in my attempt to clarify before?