Topsteptrader

Thanks Chef for your honesty. Let me quote from your Reddit interview:

"If you read that post, you'll see that I have lost the funded account at one point. There is a screen shot of my trading combine there. It shows the potential is upwards of$5000/day. Typically a good day can be$3000 or so. I have taken the combine again, passed, and got the funded account back. I start again in January by my own request, restaurant is to busy in December. After that, I will post monthly my profit and loss statements for my readers and the public"

If I were a backer, I am sure you are not the type of guy I am looking for to back, but hey, it is an almost free tryout and you got lucky. Again, the keyword is that you had LUCK.....

P.S.: Your description of truffle taste was priceless....
 
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"ANYONE CAN TRADE!"

Chef Morin
 
Pekelo said:
Thanks Chef for your honesty. Let me quote from your Reddit interview:

"If you read that post, you'll see that I have lost the funded account at one point. There is a screen shot of my trading combine there. It shows the potential is upwards of$5000/day. Typically a good day can be$3000 or so. I have taken the combine again, passed, and got the funded account back. I start again in January by my own request, restaurant is to busy in December. After that, I will post monthly my profit and loss statements for my readers and the public"

If I were a backer, I am sure you are not the type of guy I am looking for to back, but hey, it is an almost free tryout and you got lucky. Again, the keyword is that you had LUCK.....

P.S.: Your description of truffle taste was priceless....
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Honestly dude you are really insulting the chef. You dont know it was down to luck, you dont know him at all. I say congrats to the chef for doing well and holding down his job.
 
Pekelo said:
I know he tasted truffles....That is all I need to know....
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I think I know where you are coming from. That place is where deep down you dont believe it is possible for anyone to trade full time and for that person to have trading as their sole source of income. Moreover for someone to make a LOT of money trading. Some people will say they believe it but deep down they have doubts.

What clears out these doubts is working in a professional environment where you are surrounded by people who trade for a living. Once you experience this you then realise there are people who make a living and more from trading. You are then seeing a competitive, disciplined and accountable environment which you dont have as a stay at home trader.

One of the reasons I like TST is they provide accountability.

Maybe I have this wrong and you are a wildly successful trader from a institutional background.

GL
 
Getting offtopic, but this is the weekend...

londonkid said:
I think I know where you are coming from. That place is where deep down you dont believe it is possible for anyone to trade full time
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You completely misread me. Why would I doubt full time traders? I doubted the Chef, and generally if one has a fairly decent paying job, I always advise them to keep their daytime job. Why? Because the average pizza driver makes more than the average trader, that is why.

Why do I doubt the Chef? Well, he already failed being live trader once. Also, it is hard to make it with full time access and it looks like he is trying to do it with 2-3 days per week, whenever he has a day off.

And to give credit to the Chef, it is also possible he COULD make it on his own, but TST's Live rules are too restrictive and they put a limit to his trading. Who knows? Maybe he should give it a try with a 5 K account.... I am not sure how realistic he is though, when he mentioned making 3K per day as an average daily goal....
 
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Pekelo said:
You completely misread me.
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No impoliteness intended, but you made that rather easy. I misread you, too.

When someone's done two Combines and passed both of them, while holding down a very full-time job, and you post so insistently and prominently that he's simply been "LUCKY", it will come across to some of us as pretty dismissive, you know?

No criticism implied, but the reality is that when you react like that to someone's success at passing Combines, you can perhaps see that it may raise the possibility of "sour grapes" in some people's minds? I've never tried a Combine, myself, but if I did one and passed it, seing such apparently dismissive comments directed here at others in similar positions certainly wouldn't encourage me to discuss it.
 
Pekelo, londonkid, and Xela thank you for your comments. I love the "anyone can trade".

I failed in the funded account once. I learned from it. I was being stretched a little thin at the time, if you care to read about it, it's in the blog.

I got back up, re tested, and I'm back in.

I traded a 3 lot in the 30yr bond, fur the $100k combine. My style of trading, on trending days I can pull 16 ticks, ideally 32 ticks on that one good trade. I don't trade more than 2 or 3 times a day. 5 tick stop.

The POTENTIAL to make $3000/day is there.... Same to loose it. But those stringent topstep rules and my own rules wont let me.

I'll keep trying, and I'll post up my progress as it comes. I like the forum here as well. A lot of great people here with valid opinions
 
WMorin said:
I'll keep trying, and I'll post up my progress as it comes.
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I'm late to the party (mostly here on Saturdays) but wanted to thank you for sharing here, where funded traders usually stay quiet.

It's quite an achievement in my view, to work more than full time (I couldn't anymore), let alone attempt trading in what little waking hours are left, let alone jump through TST's hoops successfully in those! Clearly, you're one to do his homework before diving into a venture, which bodes well in my opinion. :cool:

(And unlike soooo many people around here, I have no curiosity to see your P&L, which is meaningless in and of itself. Your consistency to stay funded long-term, on the other hand, I'm very interested about.)
 
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