topsteptrader combine for Oraclewizard77

[Lucrum]

 

[volente_00]

Quote from Zr1Trader:


The value I can see in TST is teaching someone to follow rules with discipline.

The problem is trading is not black and white and another persons rules may not work for your style of trading or personality.
So if you fail at tst, you are going to get mind f$ucked into thinking you can't trade when the problem is you could not perform with such tight parameters that are set up to make the majority a failure to pay the house.

 

[volente_00]

Quote from satchel:

Nothing in this thread appears to have anything to do with a casino, let oraclewizard do his thing (As to the 1 lot CL..the very contract new traders shouldn't trade...Is your reference to the same No Doji that took 1 lot CL 10K account to 100K in a year, that claim? Proof?)

You guys keep pulling out this tired argument, what employer charges you to apply.

TST has already responded to this. Anything in these quotes sound fishy to you?

"Many traders send their track records into prop firms or say they can trade. We simply ask, don’t tell us show us"



Call me crazy but if you showed me an audited track record that showed you have been net profitable trading futures for multiple years and asked me to back you and I got to keep 40% and make another 20% in overides charging you $5 rt commissions and only risk $2,000 of my money I would jump all over that and would not even make you pay me $160 to play my lopsided game.


On the flip side this very argument and the fact that traders generate 1/2 of less of their combine profits after going live and eventually blow up and get sent back to combine seems quite reinforcing that what you did in the past is not even relevant to how you perform in the future as a live trader.

 

[cornix]

Quote from marketsurfer:

Not according to proven professionals in the business. See the recent articles from the prop shop owners and hedge traders posted here.

Definition of "professional'?

 

[cornix]

Quote from marketsurfer:

Very weak and terrible advice for most everyone. OPM is the ultimate trading tool. Those who reject it are naive, don't understand, or may be independent rich folks who like gambling. For the average trader, OPM is a godsend. Going prop rather than being an at home loner opens up a world of potential, ideas and capital.

You make no sense and the above reads as merely an ill fated attempt to defend those who are afraid to demonstrate their ability in public.

Fortunately, not one of the worlds proven top traders took your advice. They all trade OPM.
Ever wonder why?

surf

While I went OPM route myself at least partially, I can perfectly understand those people who don't want to do it and just make a nice living trading their own funds. Not everybody wants to take more responsibility in exchange for more scalability, some people may be very happy without extra buck. Why not?

 

[cornix]

Quote from volente_00:


On the flip side this very argument and the fact that traders generate 1/2 of less of their combine profits after going live and eventually blow up and get sent back to combine seems quite reinforcing that what you did in the past is not even relevant to how you perform in the future as a live trader.

Must say from 1st hand experience that public performance is indeed something extremely tough emotionally. Feels almost like learning to trade from scratch again from the stress point of view. Not just my opinion, I believe most people who ever went public can confirm.

 

[outsource100]

Quote from cornix:

Must say from 1st hand experience that public performance is indeed something extremely tough emotionally. Feels almost like learning to trade from scratch again from the stress point of view. Not just my opinion, I believe most people who ever went public can confirm.

You simply have no clue what markets are,how they work,how to adapt yourself,etc...as i`ve been telling you umpteenth of times admit that fact,finally!

 

[cornix]

Quote from outsource100:

You simply have no clue what markets are,how they work,how to adapt yourself,etc...as i`ve been telling you umpteenth of times admit that fact,finally!

Says who? Where's evidence of your success?

 

[marketsurfer]

Quote from cornix:

Definition of "professional'?

You forgot the previous word "proven". You see there's an entire community of traders that use real names and exist off the Internet. No aliases and proven results --- these folks often say the exact opposite of what the Internet aliases say about trading. I choose to believe and try to emulate those in the real world whom I have seen evidence of their success. You are welcome to follow whatever or whoever you find credible.

 

[trader198]

$400/day, better look for a regular job. plenty of jobs which can generate this steady income.

Quote from NoDoji:

1. I spoke with Oracle once or twice and I have no idea what specifically we talked about, though I imagine it had something to do with researching probabilities for a setup and learning to trade it with discipline, because that's mainly what I discuss with other traders.

2. I never took a 10K account to 100K in a year trading 1 lot of CL nor did I make such a claim.

I once posted something to the effect of:

If I day trade CL with a 500K account and claimed to generate an average profit of $400/day, no one would think the claim was outrageous.

It's possible to generate an average profit of $400/day trading one lot of CL. It's not easy, but it's possible with a well-researched intraday scalping plan.

You can trade 1 lot of CL with a $10K account. Ergo*, it's possible to generate nearly 100K in a year trading 1 lot of CL.

* I really like that word

ADD: Didn't some famous trader once take 10K to a million in a year trading futures?