Yes - this is a different proposition altogether: nothing wrong with adding to winning positions after moving the stop-loss to break-even or better, of course, so that the funds to exposed to risk at any given time are strictly limited.
Question for TST Traders
- Thread starter xoxo555
- Start date
Yes - this is a different proposition altogether: nothing wrong with adding to winning positions after moving the stop-loss to break-even or better, of course, so that the funds to exposed to risk at any given time are strictly limited.
Good observation. On Feb 24th, to get 100 contracts on just 4 trades, she'd have to have clipped 15 lots on two trades, and 10 contracts on two trades, or some combination thereof. Also, given the average duration of 13 minutes, it implies very low volatility during the period in which she traded.
This type of trading, of course, is NOT possible in either the FTP or the funded account until one reaches the necessary profit levels to trade size, since the funded trader prep and live account both have the "scale up" rules enforced.
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They are open for business finally, one step left out, supposedly:
https://oneuptrader.com/how-it-works
https://oneuptrader.com/how-it-works
Which one, OneUp? They are too new to have any funded traders yet, and they had some troubles due to too many people trying to sign up.
Must be a good business selling dreams...
I heard TST has patent pending on their "combine process" or something like this. Will use it as weapon against other dream sellers "combineering" firms.
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I heard TST has patent pending on their "combine process" or something like this. Will use it as weapon against other dream sellers "combineering" firms.
Nice prediction, turned out to be true. TST is suing OneUp. I am guessing it will be dismissed...
I'm guessing it won't get as far as a courtroom.
When they take some legal advice, OneUp will appreciate very quickly that they don't have a leg to stand on, and it will be settled out of court pretty smoothly. Just my guess.
See my reference to Amazon's 1-click buy in the other TST thread. Europe kicked their claim out, the USA recognized it as a patent and made B&N change its buying experience to 2 clicks.
So OneUp could just change their rules enough that it doesn't resemble completely TST's combine. And there is the jurisdiction issue too.