troll denied. it's chump change.
Topsteptrader
- Thread starter deaddog
- Start date
troll denied. it's chump change.
Apparently not but it seems help is at hand with the VPS from SpeedyTrading as far as internet outage & OCOs are concerned & hopefully for the preset cancel too.
Email. Messages:
Hi
I would like to try your VPS if it can solve my problems with Auto trades shut downs (Cancel & flatten all positions) at a predetermined time & execute OCOs' on the Ninja trader platform WHEN THE PLATFORM & COMPUTER IS SHUT DOWN.
(ie: a power failure or internet outage)
I can set Ninja to flatten all trades at 2pm CT. But as I live in australia, I am asleep at this time.
I need this facility as I am a "TopstepTrader" combine trader.
Ninja is connected to Rithmic.
Thanks
Hello,
Yes, that will solve your problem.
Your own PC will only be used to log on the VPS where Ninja will be running, and all the strategies management will be done from there. So your own PC can be powered off, your Internet can go down, ..., it won't affect the Ninja instance running on the VPS.
Just tell me when you're ready to start the trial, we'll create your VPS right away.
Regards,
Sam
Lets hope this is all as it seems. $60/mth well spent if so.
Otherwise it would mean dragging myself out of bed at 6am to shut all trades etc down, after trading until after midnight.!!!!!!!!!!!
Last edited:
"Likes" cover quite a wide range of meanings, don't they? I intended that one, kind of, as "I agree with the factual content of this post, and see the problem alluded to."
Hard to argue with the facts ?
The bottom line is you are either a shitty trader because you keep failing and blowing up or the challenge you are trying to win at is shitty.
So which is it ?
I know 5 traders who pull 100k+trading their own money yet none of them could pass the combine and ltp. I don't know any traders who passed both and are pulling 100k plus with tst.
Why do you think this is the case ?
Last edited:
Ok that's good to know. It's definitely and added benefit if the "strategies management" feature can execute a contingent trade order within a specified time period.
Cos' of crazy rules meant to keep you on the hampster wheel. They say otherwise but let's face it. So long as you have a sensible SL & TP you have a 50/50 chance of success with any BS news announcement. As for the end of day shut off. That is debatable too. They say it's to keep a calculation of trade reports. This should surely not be necessary on a daily basis. I would have thought weekly would suffice.
At present we have TST, MES & Savius. MES is the only one that does not have the BS news rule.
Definitely the former. Outright directional trading is a tough tough game.
They probably employ strategies that are not viable at TST. Bulk of my stuff is multi-leg spreads which requires tiny round trip costs and custom margining, something TST doesn't offer.
There are clearly many successful traders who couldn't possibly pass a Combine simply because their trading methods aren't well suited to the Combine assessment requirements.
No surprise there, surely?
Those aren't the ones TST are trying to identify. They have a simple and effective method, gradually developed, to identify one sub-group of traders whom they classify as "safe risks" to back with their money.
Are you suggesting there's something wrong with that?
You certainly seem to be, almost every time you post here, yet you're strangely unable to articulate what you think is wrong with it.
Since you ask, it's a combination of two reasons ...
1. Your prejudice against them predicates that you don't look at the reports of the successful traders, on TST's blog, on their "squawk radio", on YouTube and in the forum where several of them regularly post. Nothing wrong with that, of course, if you choose not to, but it's weird when you choose to ignore them and then persistently comment here implying heavily that they "therefore" don't exist;
2. TST is offering aspiring, unfunded traders a one-year funding-deal: how many of those qualifying for it do you imagine are realistically going to make as much as $100,000 out of it in their first year? My impression from comments made by Michael Patak and John Hoagland, and by those successfully funded, is that many are making a living but few are taking as much as $100,000 within a year. Hardly surprising, to someone who actually understands what's going on and how it works?
Agree and I would add that if a trader banks $50k via TST then everyone knows that person is likely to then trade their own account on 100%. Its to get people started in the business. Geez.