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Anybody heard of topsteptrader (review)

  #662 (permalink)

Posts: 2,743 since May 2014
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Big Mike View Post
What did everyone think of the webinar? Mike

Somewhat interesting on the personal history and pits part and the two guys combined together make it more lively.

I have tried to understand TST to see if it is something I can recommend in good conscience to say beginner Colombian traders. My main concern is them developing very bad habits from complying with TST rules on the 30-50k combines especially. We have a lot of gifted minds here facing high entry barriers however though I could fund them myself, I can't be bothered managing them so I'm glad someone else is doing it. I accept that TST is a learning tool not a long term affair, impersonal natural selection however regarding the presentation...

I'm scratching my head a little to see how,within the 30-50k 2nd and beginner funded stage restrictions a trader might take the heat using profile delta divergence reading as John describes without being taken out soon enough? Its part of a larger picture but you need to be very competent and experienced to appreciate this I fear.

On one level swing trading techniques are being promoted (edit: or at least seems strongly implied), on another the compulsory news event exits & EOD exits make swing trading very messy. The boss says swing but the rules make less efficient scalps almost inevitable. Maybe he forgets the 1st stage combine is just a sales hook and TST traders cannot trade like he does on his personal accounts?

Worth the time to watch it though.

Last edited by Rory; September 4th, 2016 at 04:15 PM.
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