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Search: Posts Made By: bobwest
Forum: Trading Reviews and Vendors January 14th, 2022, 08:52 AM
Replies: 932
Views: 382,804
Posted By bobwest
Very good question. Aside from that...

Very good question.

Aside from that question, which is about TS compared to the others, there's this, and it applies to all of them: it is easy, super-easy to come up with statements like "none...
Forum: Trading Reviews and Vendors August 15th, 2019, 12:00 PM
Replies: 932
Views: 382,804
Posted By bobwest
Perhaps Hoag will answer definitely what platform...

Perhaps Hoag will answer definitely what platform he's using for TPO Market Profile in this webinar.

Bob.
Forum: Trading Reviews and Vendors August 15th, 2019, 11:37 AM
Replies: 932
Views: 382,804
Posted By bobwest
From the look of it, probably CTS T4. John...

From the look of it, probably CTS T4. John Hoagland has used it in the past for market profile. I recall that T4 is pretty expensive. You can go to the CTS website for details, assuming I have gotten...
Forum: Trading Reviews and Vendors May 5th, 2019, 08:47 AM
Replies: 932
Views: 382,804
Posted By bobwest
You need to flag TopstepTrader with this...

You need to flag TopstepTrader with this username to get their attention.

Bob.
Forum: Trading Reviews and Vendors February 14th, 2018, 07:52 AM
Replies: 932
Views: 382,804
Posted By bobwest
Funny that I just now became aware of the changed...

Funny that I just now became aware of the changed terminology. It's Combine Step 1 and Step 2 now on their website. I think it was still Combine and FTP a short while ago.

I think matthew28 is...
Forum: Trading Reviews and Vendors February 10th, 2018, 08:03 PM
Replies: 932
Views: 382,804
Posted By bobwest
I think the substance of what you said is...

I think the substance of what you said is correct, in that the time spans have changed, but the "second phase" is still called "FTP" (Funded Trader Preparation.)

A rose by any other name.......
Forum: Trading Reviews and Vendors February 9th, 2018, 08:38 PM
Replies: 932
Views: 382,804
Posted By bobwest
The data feed, when it is charged, is levied by...

The data feed, when it is charged, is levied by the CME; the Combine fee is charged by TST. Two different things. I was talking about the CME data feed fee.

To get the data feed from CME, normally...
Forum: Trading Reviews and Vendors February 9th, 2018, 03:52 PM
Replies: 932
Views: 382,804
Posted By bobwest
It isn't TST, or NT either. The data fee is...

It isn't TST, or NT either. The data fee is charged by the CME. The CME exchange regards funded TST traders as professionals, because, by definition, they are trading other people's money (TST's).
...
Forum: Trading Reviews and Vendors February 9th, 2018, 02:37 PM
Replies: 932
Views: 382,804
Posted By bobwest
You're welcome. One slight clarification to...

You're welcome.

One slight clarification to the trailing loss limit: in the funded account, you start out with a zero balance, because they just record your profit and loss, and any withdrawals....
Forum: Trading Reviews and Vendors February 9th, 2018, 01:36 PM
Replies: 932
Views: 382,804
Posted By bobwest
Hi Danny. I'm not sure that you've got all...

Hi Danny.

I'm not sure that you've got all of it right about the funded account.

I hope that someone at TopstepTrader will see this and kick in if I have gotten anything wrong, but here is my...
Forum: Trading Reviews and Vendors December 7th, 2017, 03:20 PM
Replies: 932
Views: 382,804
Posted By bobwest
Obviously, this is a personal choice. I...

Obviously, this is a personal choice.

I agree about someone selling a service, but the fact is that many do not provide it. Also, at various times people have come on FIO and simply faked a...
Forum: Trading Reviews and Vendors December 7th, 2017, 08:27 AM
Replies: 932
Views: 382,804
Posted By bobwest
Pretty much agree. I think you're...

Pretty much agree.



I think you're being too nice to these guys runnng trading rooms. I'm pretty sure that none of them are profitable, or even trade. Why should they bother? There are much...
Forum: Trading Reviews and Vendors December 4th, 2017, 11:56 AM
Replies: 932
Views: 382,804
Posted By bobwest
:sarcastic: Bob.

:sarcastic:

Bob.
Forum: Trading Reviews and Vendors December 4th, 2017, 10:28 AM
Replies: 932
Views: 382,804
Posted By bobwest
To add just one thing, I also have no doubt about...

To add just one thing, I also have no doubt about whether the TST program is on the up and up, or whether they provide exactly what they offer.

It's easy to say, on the internet, that "It's a...
Forum: Trading Reviews and Vendors December 4th, 2017, 09:19 AM
Replies: 932
Views: 382,804
Posted By bobwest
Totally agree with this. I would add that no...

Totally agree with this. I would add that no opinion ever seems to be changed, either.

As to anyone publishing their live trading results, almost no one will, because it really is no one else's...
Forum: Trading Reviews and Vendors December 4th, 2017, 08:57 AM
Replies: 932
Views: 382,804
Posted By bobwest
Precisely. Took a lot fewer words to say it than...

Precisely. Took a lot fewer words to say it than I did, too. :faint:

Bob.
Forum: Trading Reviews and Vendors December 4th, 2017, 08:55 AM
Replies: 932
Views: 382,804
Posted By bobwest
OK, we were talking about different things, and I...

OK, we were talking about different things, and I didn't understand your point.

Having a loss control discipline is going to require you to not lose 100%. There will be some limit at which the...
Forum: Trading Reviews and Vendors December 2nd, 2017, 10:16 AM
Replies: 932
Views: 382,804
Posted By bobwest
This is not a bad analysis by Pedro, which anyone...

This is not a bad analysis by Pedro, which anyone looking at TST ought to think about. For that matter, anyone looking at futures ought to think about the issues of leverage, which is the important...
Forum: Trading Reviews and Vendors December 1st, 2017, 07:43 PM
Replies: 932
Views: 382,804
Posted By bobwest
Most of the posts I have made on the subject are...

Most of the posts I have made on the subject are just explanations, as I understood them, of this or that TST rule or policy. That made me seem like an expert or an unofficial spokesman to many...
Forum: Trading Reviews and Vendors December 1st, 2017, 06:37 AM
Replies: 932
Views: 382,804
Posted By bobwest
I am probably an idiot to post again on this...

I am probably an idiot to post again on this thread, because of the controversies generated within the FIO community over TST, but here goes....

( :doh: )

I do pretty much agree with...
Forum: Trading Reviews and Vendors November 20th, 2017, 01:10 PM
Replies: 932
Views: 382,804
Posted By bobwest
Thanks for this thoughtful review. (I can...

Thanks for this thoughtful review.

(I can only comment on the TST program; I have no experience with OneUp.)

I agree with the point you made in the beginning about needing, realistically, to...
Forum: Trading Reviews and Vendors January 19th, 2017, 07:56 AM
Replies: 932
Views: 382,804
Posted By bobwest
Personally, I don't know this guy Morris, and,...

Personally, I don't know this guy Morris, and, while I did get an email about a group of presenters they are going to put on in an all-day webinar, I just deleted it without interest.

My feeling...
Forum: Trading Reviews and Vendors January 11th, 2017, 09:51 AM
Replies: 932
Views: 382,804
Posted By bobwest
(Cross-posted from the TST AMA thread) One...

(Cross-posted from the TST AMA thread)

One thing I missed when I took the screenshot of the rule change above was an offer for new Combines. So here is the bottom of the previous screen shot.

I...
Forum: Trading Reviews and Vendors January 11th, 2017, 08:29 AM
Replies: 932
Views: 382,804
Posted By bobwest
That's entirely possible. People do manage to,...

That's entirely possible. People do manage to, but it's certainly an individual thing. I would not say it's for everyone, or every trading strategy.



Not that I can see. They have published...
Forum: Trading Reviews and Vendors January 11th, 2017, 08:02 AM
Replies: 932
Views: 382,804
Posted By bobwest
Thanks. Perhaps they need to clarify the...

Thanks. Perhaps they need to clarify the question, then.

I was basing my reply on what Michael Patak said in the audio replay of his talk on Friday, linked to above, where he clearly does say that...
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