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

[austinp]

Quote from volente_00:

If they wanted to fade the money would be made fading the 95% that fail the combine

How do you fade sim trade results with real money? What if the sim trader you fade happens to kill it all thru? You have no pattern of behavior to that... hell, you don't even have marked trades to study in actuarial.

The whole "bucket shop" fade myth is no more real than the concept of martingale fading price moves to catch highs & lows for net profitable over time. Both are fairy tales perpetuated by myth and misconception.

 

[optionbull]

Quote from volente_00:

If they wanted to fade the money would be made fading the 95% that fail the combine








Unless you make the unprofitable traders pay you every 2 to 4 weeks to apply for a dream

volente_00

you will get attacked... unless your hugging and kissing this "opportunity" they will find a way to get you to go away... think how many people they get from here that go "check it out" over at TST...

its a business!

 

[ammo]

Quote from austinp:

How do you fade sim trade results with real money? What if the sim trader you fade happens to kill it all thru? You have no pattern of behavior to that... hell, you don't even have marked trades to study in actuarial.

The whole "bucket shop" fade myth is no more real than the concept of martingale fading price moves to catch highs & lows for net profitable over time. Both are fairy tales perpetuated by myth and misconception.

the fade is in the 99% of applicants who don't make it,they paid for the chance

 

[austinp]

Quote from optionbull:

volente_00
you will get attacked... unless your hugging and kissing this "opportunity" they will find a way to get you to go away... think how many people they get from here that go "check it out" over at TST... its a business!

Yes, you've got it all figured out. They screen the hell out of paid applicants, fund the few who pass stringent requirements and then proceed to fade their trades expecting said funded traders to lose.

Yup... makes perfect sense to the rest of us.

 

[austinp]

Quote from ammo:

the fade is in the 99% of applicants who don't make it,they paid for the chance

those aren't faded trades... you are off-topic with semantics

 

[ammo]

Quote from austinp:

those aren't faded trades... you are off-topic with semantics

the idea of fading a loser is to make money ,if you get 2,3,400 losers a month,i wouldn't call that semantics, i call it smart

 

[volente_00]

Quote from austinp:

How do you fade sim trade results with real money? What if the sim trader you fade happens to kill it all thru? You have no pattern of behavior to that... hell, you don't even have marked trades to study in actuarial.

The whole "bucket shop" fade myth is no more real than the concept of martingale fading price moves to catch highs & lows for net profitable over time. Both are fairy tales perpetuated by myth and misconception.

The losses of the majority will more than cover the few who get lucky.



You don't need to study anything when all of this can be done with computer technology


200 combiners


5% kill it and make 5k in their combine


50% break even


45% lose 2k


Fader loses 50k fading those who killed it

Fader makes 180k on those who fail it




Net 130k

 

[volente_00]

Quote from austinp:

Yes, you've got it all figured out. They screen the hell out of paid applicants, fund the few who pass stringent requirements and then proceed to fade their trades expecting said funded traders to lose.

Yup... makes perfect sense to the rest of us.

I said fade the entire combine not the traders who were chosen to trade live.

Actually I would be more implied to do as pekolo has mentioned and back those who are consistently profitable with 10-100 time the size that they are allowed to trade live.




But if you really want to argue, the fact that there are currently only around 30 live traders out of a minimum 5400 combine participants provides evidence that even fading those who go live would even be profitable with enough time given. It has already been stated that most who go live get sent back down and the majority also see a major reduction in performance once they are funded.

 

[austinp]

Quote from volente_00:

The losses of the majority will more than cover the few who get lucky.

You don't need to study anything when all of this can be done with computer technology

200 combiners

5% kill it and make 5k in their combine

50% break even

45% lose 2k

Fader loses 50k fading those who killed it

Fader makes 180k on those who fail it

Net 130k

well, I fail to see how you can "take the other side" of sim trades with real money, but you seem intent on that being a viable strat somehow. I have nothing more to add of value to this conversation than what's already said.

 

[volente_00]

Quote from ammo:

the idea of fading a loser is to make money ,if you get 2,3,400 losers a month,i wouldn't call that semantics, i call it smart