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


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Anybody heard of topsteptrader (review)

  #842 (permalink)

Point Roberts, WA, USA
 
Trading Experience: Advanced
Platform: IB and free NT
Broker/Data: IB
Favorite Futures: ES
 
aquarian1's Avatar
 
Posts: 3,731 since Dec 2010
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I took off the second cycle -month two.
The reason is that is it a lot of money, a lot of money.
I really don't want to get into people attacking me - so a deleted it.

Any trader can work it out themselves - make their own spreadsheet.
I believe they don't because the math is very revealing.

If people were going to start a business they would work out 3 forecasts as part of their business plan.
poor
expected
good
People don't with trading (at least in points/contract - which is what it should be worked in.).

Considering how much work they put in it is rather amazing that they don't.

People will do Monte Carlo analysis, statistical modelling, complex indicators, years of study, take courses, read text books, argue about rules of thumb risk management etc--
but they will never work out the three scenarios which are a simple spreadsheet (or piece of paper).

Very important insights come out of the math. But they don't like these insights.

Keep your mind in the future, in the now.
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