And the good thing when you pass the combine with flying colors and not because you bitched and moaned to get a pass, you will realize how much better you are at trading.
So keep going till you get it.
Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)
- Thread starter TST_Hoag
- Start date
And the good thing when you pass the combine with flying colors and not because you bitched and moaned to get a pass, you will realize how much better you are at trading.
So keep going till you get it.
Trader is restricted to what he traded on Combine he/ she passed until he / she becomes a Senior Trader.
Smallstops, I agree with you regarding rules but again. there are rules not to be bent... Like risk control and other risk related. However I do believe TST should be more magnanimous when it comes to profit side. My Combine was a very good one. Not a bit worse than the one passed by another trader recently and I noticed also slightly below target of $3500. Meanwhile he got funded and I did not for the reason of 1 tick below target. I believe if trader was disciplined traded well and ended few ticks below 7% target he should still qualify. Traders have feeling too you know.
I am starting new $30K Combine today so I am out of here until I have results to speak about.
Good trading everyone.
I am starting new $30K Combine today so I am out of here until I have results to speak about.
Good trading everyone.
And the good thing when you pass the combine with flying colors and not because you bitched and moaned to get a pass, you will realize how much better you are at trading.
So keep going till you get it.
Some rules should be bent. You shave have been allowed to do the LTP. It all boils down if TST wants to find and back up traders or not. Seems to me they do not....
If anyone can explain to me why 0.033% makes a difference in profits, I am listening. That is by how much you missed the target....
unless they're really only interested in people that blow through their performance requirements by a wide margin instead of just scrimping on in
Hate to say it but....
This seems to be whats wrong with some kids today. I failed but it is you holding me back. Not my fault.
Does one not enter the combine knowing the rules, conditions and criteria to be met? Of course one does.
Then, they who set the rules gets bashed for adhering to those rules and criteria?
Even if the rule setter chooses to alter the rules and/or criteria for one (or 10) were you cheated because they adhered to the rules that you agreed to?
This seems to be whats wrong with some kids today. I failed but it is you holding me back. Not my fault.
Does one not enter the combine knowing the rules, conditions and criteria to be met? Of course one does.
Then, they who set the rules gets bashed for adhering to those rules and criteria?
Even if the rule setter chooses to alter the rules and/or criteria for one (or 10) were you cheated because they adhered to the rules that you agreed to?
Nice negative view.
or...
Unless they're only really interested in people that blow past their performance requirements by a wide margin instead of failing to meet them.
Could be a different view to take.
Man, I am the hardest on today's kids. But I am actually looking at this issue from the backer's POV not from the failed Combiner's. I also mentioned in the TST thread that the profit target should be more a loose goal not a hard line fail or pass. Of course only if you want to make money and not just collect combine fees....
So if I am the backer, I would rather take a trader with 5% consistent gains than another trader with 7% gains in the Combine period who had 1-2 big hits. Nevermind that even the 2nd trader still could be a very consistent one, and maybe it is just his trading style, but statistics usually tells me that he might just had a few lucky hits.
And again, what is the risk for TST to offer the guy the LTP? If he fails, nothing was lost, if he passes, that just shows that he is good enough for them...
That is fair enough. And I happen to agree with most of what you say, however...
The problem is - they set the rules and the combiner agreed to those rules.
So to grumble about they won't change the rules because I was close - just makes no sense to me.
I agree but if the true intent is to back traders instead of collect combine fees then why wouldn't they use the stats to set the parameters where the most profitable traders get backed?
The same way with the combine sizes, if the objective is $1500 on the 30k combine then why is the 150k combine 12k objective instead of $7500 ?