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TST Combine results and strategies for passing


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TST Combine results and strategies for passing

  #51 (permalink)
 
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 josh 
Georgia, US
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yiehom View Post
My preference goes to the 10 days MINIMUM. Why suffer 10 more days if avoidable?

Well, if the goal is to pass, become funded, pass the live combine, and then trade successfully for many years, then what's 10 more days? Said another way, if you can trade the 10 days successfully, shouldn't you be able to trade the 20 days successfully?

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  #52 (permalink)
 
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 Daytrader999 
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josh View Post
Well, if the goal is to pass, become funded, pass the live combine, and then trade successfully for many years, then what's 10 more days? Said another way, if you can trade the 10 days successfully, shouldn't you be able to trade the 20 days successfully?

Yes, you should be able to do that since you need to successfully pass the Live Combine too and build your account cushion, or you'll have to go back to the Combine status you just completed before...

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  #53 (permalink)
Pedro40
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As I mentioned earlier, just by profit target wise, there are 3 Combines: 1 easy, 4 averages and 3 harder. Usually the longer the Combine the smaller the average daily profit target.

For example compare the 30K/10days and the 30K/20days. The first one has a $23 per day per car profit target (you can trade for 22 days), the later has a $15 (you can trade for 42 days). That is a 50% difference....

Now in the old version it was $50 vs. $30. So with the changes, even the new 10days Combine is easier than the old 20 days, profit target wise...

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  #54 (permalink)
 
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 yiehom 
Luxembourg
 
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The target at hand is to succeed at the combine. After that I believe the conditions are a bit different.



josh View Post
Well, if the goal is to pass, become funded, pass the live combine, and then trade successfully for many years, then what's 10 more days? Said another way, if you can trade the 10 days successfully, shouldn't you be able to trade the 20 days successfully?


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  #55 (permalink)
vercetti
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I wonder if TopStepTrader will be announcing before the end of the week that Ninja Trader is available.

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  #56 (permalink)
vercetti
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Lets keep this post going. New traders will benefit from information coming here.

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  #57 (permalink)
Pedro40
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I am posting a response here from another thread, because it belongs to this discussion, not in that journal:


xelaar View Post
. I gave it a lot of thought and it made me realize there is no point taking a small Combine, work on passing it and end up (hopefully) with a small capital, while I could trade with larger risk on my own. So even though large combines are more expensive and have more demanding risk control and the target profit, they actually give two major advantages:
1. Having much larger daily loss and number of contracts they allow to start small and build up some cushion first and increase risk gradually during the Combine. So initially the target is building the cushion and raising the number of cars traded, and once it is done next target is achieving Combine profit target. With 30k Combine you hardly can do that, with 500 usd max dd, even with 1 car traded initially it's easy to screw up this badly and it is the end of Combine. But even as you build up a cushion, you still have max loss of 500 and with 3 cars at this point it's just 16 ticks away from a disaster. While with 150k Combine you actually have 3000 daily loss limit to play with and a lot of space to build up
2. When you are funded with 30k you need to put a lot of effort to work out to the same limits as you would have if you do this from beginning in the 150k Combine. So actually you do a lot of free work building a cushion and not taking any money away before you can do some work for a pay, while TST is having a totally free ride as you are not endangering any capital they have provided anymore!!!
3. I consider that with a largest Combine it is much more easy to make it to the refund or rollover, because again you can ignore profit target for a moment and just trade right with metrics in mind and be very far away from getting close to loss limits. So while in relative terms you need to produce more profit percentage and have less percentage of limits but it gives you an opportunity to be wrong many times on smaller positions and still be able to get to rollover or refund to try again.


I agree, the smallest Combine is although the easiest, but for real money generation, it is almost worthless to pass. According to Mr. Patak, the 50K is the most popular, and I agree, that is the one what most beginners should try first. The price is only slightly higher, but there is more room to make mistakes.

Now the 150K Combine with the 3000$ DLL is the exactly same like the 50K with 1000$ DLL, so there is no advantage in either, but the profit target is less for the 50K, so keep that in mind.

Your 3rd point, to make it to refund/rollover, it is equally easy/hard in all Combines, you just have to make $1 and have good stats...

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  #58 (permalink)
 
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 xelaar 
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thanks appreciate your response. by easier to roll over I mean its hardest to hot max daily loss or max dd unless you use all cars but then thete is more room to buil the cushion. all depend on a strategy but trading with 1 or 2 trades per day I think is the hardest to pass a combine becase you need to trade with planned size from the start.

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  #59 (permalink)
 Brewer20 
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Pedro40 View Post
I am posting a response here from another thread, because it belongs to this discussion, not in that journal:



I agree, the smallest Combine is although the easiest, but for real money generation, it is almost worthless to pass. According to Mr. Patak, the 50K is the most popular, and I agree, that is the one what most beginners should try first. The price is only slightly higher, but there is more room to make mistakes.

Now the 150K Combine with the 3000$ DLL is the exactly same like the 50K with 1000$ DLL, so there is no advantage in either, but the profit target is less for the 50K, so keep that in mind.

Your 3rd point, to make it to refund/rollover, it is equally easy/hard in all Combines, you just have to make $1 and have good stats...

I agree that the two combines traders should focus on are the $50k and the $150k. If you look at the requirements, once funded, for account cushion and such, they are the same for $30k and $50k, and $100k and $150k. So presumably they would be easier to achieve on the $50k and $150k accounts.

Plan your trade, trade your plan.
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  #60 (permalink)
 Timot 
London
 
Posts: 26 since May 2011



vercetti View Post
Lets keep this post going. New traders will benefit from information coming here.

I'm a new trader but I have no idea of what you are talking about here. I cannot make any sense of the posts. Thanks.

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Last Updated on June 9, 2013


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