Anybody heard of topsteptrader (review) | Trading Reviews and Vendors


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Anybody heard of topsteptrader (review)

  #241 (permalink)

Belfast N.Ireland
 
Trading Experience: Advanced
Platform: NinjaTrader
Broker/Data: Stage 5
Favorite Futures: ES
 
Shivaya's Avatar
 
Posts: 120 since Jun 2009
Thanks: 60 given, 475 received

Why not a BMT Combine?

Personally I would love to see every single vendor of systems/indicators etc with a set of combine figures. I am a big fan of what they are doing and any trader having a go with them is to be commended. Well done!

TopStepTrader's rules are genuine and I believe it will one day be a requirement in the industry to show your credentials in the form of some type of combine figures.

Recently I have visited several $xxx a month rooms for a trial only to find the trader is on Sim101. Every excuse under the sun is given for why, but the truth is known to all experienced traders. This game is 98% mental. The rooms where live trading is going on is the future.

I'd say a Sim101 room is worth about $20 a month. The same room Live is about $99 a month. anything over that and the vendor is making more in fees than in trading.

Being consistent on Sim with an E for Edge-Ratio (MFE/MAE) of +2.00 to 3.00 or more is the goal to get to. Showing a Sim101 account over a period of 90 days with an E-Ratio over +2.00 means you are trading brilliant. That will only ever happen when losses are cut short and some big profits allowed to run.

I have been driving for 40 years, trading for 20, could I pass the current diving test? Could I pass the combine test?

I think there is an idea here that Big Mike could develop. A futures.io (formerly BMT) combine? TST has already set the scene. I can see it sorts out the traders from the rest.

Like they say, great traders talk trading ideas, average traders talk about stuff, and small traders talk about each other. The Combine is a Great Idea!

Thanks to Mike and TST for bringing it to our notice.

Shivaya

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