Topsteptrader

[SimpleMeLike]

Have you ever traded before?

Yes, I have traded before. Many times. Why do you ask?

 

[gkishot]

Yes, I have traded before. Many times. Why do you ask?

B/C Topstep is the only one who is going to make money. Your positive reviews there is the proof of it.

 

[SimpleMeLike]

B/C Topstep is the only one who is going to make money. Your positive reviews there is the proof of it.

Thanks gkishot,

I actually really like TopStep, it's keep me discipline, saves my money from losses, challenge me, and confirms if actually ready to trade real money for just $150 per month.

Although, I took some losses, i am positive I will earn a funded account soon.

I will keep yall updated.

 

[SimpleMeLike]

The one thing I noticed from the screen shot is on the day you came close to the max daily draw, you had 3 trades with 2 ES lots at a 6 tick stop, and one breakeven trade. That's a tight stop if you're going to take multiple trades a day on multiple lots. There is very little margin for error on the combine.

In any case, best of luck going forward. You still have plenty of time.

Thanks for the help ScalperJoe,

That day was just a bad emotional day for me. I usually use 2pt stop. And does 2 losses I took, price actually turned in my favor.

I learn from it and keep going.

 

[lovethetrade]

Can TopStep steal an edge ?

To answer your question from a few pages back, you have nothing to worry about, if they don't know the entry/exit "conditions" and "logic" that make up your system, there's no way they can steal it just by seeing where your entries and exits are executed.

 

[Xela]

I usually use 2pt stop.

Less alarming! (I'd certainly be much more comfortable, myself, with a 2-point or even 9-tick stop.)

 

[SimpleMeLike]

Less alarming! (I'd certainly be much more comfortable, myself, with a 2-point or even 9-tick stop.)

Thank you Xela,

Yes, my stop loss with ES is max of 9 tick.

 

[gkishot]

Thank you Xela,

Yes, my stop loss with ES is max of 9 tick.

How do you calculate your stop-loss?

 

[SimpleMeLike]

How do you calculate your stop-loss?

Morning gkishot,

I don't have away to calculate the stop loss mathematically. The stop loss used is based on my empirical data of ES price action from the amount of time past spent viewing the chart. This stop loss may change in the future if the price action change in the future. The stop loss also makes sense to me in terms of risk vs reward.

Overall, I am enjoying TST and the benefits it provides my trading at this stage in my trading career.

 

[Xela]

The stop loss used is based on my empirical data of ES price action from the amount of time past spent viewing the chart.

I have the same problem: the longer I've looked at it for, the wider my SL is.

(Joking: I know what you mean, really!

)