You’re invited to attend an interactive webinar I’ll be conducting on TopstepTrader’s Squawk Radio tomorrow (Friday the 17th) at 12 Noon Central (1 PM Eastern) about "Lessons Learned From Trading in a Combine."
During the webinar, I'll be briefly reviewing my performance in my first ever Combine, and I'll then be sharing with you what I learned about trading in a Combine. Hopefully you'll pick up some tips to make you a better trader!
TopstepTrader’s Squawk Radio will be open to guests at 7:15 AM CST - so be sure to invite friends and colleagues. To access Squawk Radio:
Yesterday I talked to the Director of Scouting at TST regarding my rollover Combine. My fear was that any system I use that might pass the Combine might not pass the Live Trader Prep that TST requires of most traders.
After our discussion, I am fairly confident that any mechanical approach I use that passes the Combine should also pass the LTP.
Based on that, I am going to get ready for the next Combine, which I will likely start in mid June (I have some other commitments before then).
If you recall, with the 3 strategies I used on the Euro, my biggest potential issues/problems were:
A. Expected profit was not enough to confidently pass Combine.
B. Daily win percentage might not be enough to pass Combine.
C. I only had a few weeks to develop the strategies for the Combine, so I went with the best I could do in short time.
My current plan, given I have a few weeks before the next Combine:
1. For Combine #2, continue trading the 3 strategies I used in Combine #1.
2. Add a fourth strategy to the mix, still trading the Euro. Ideally, it will not interfere with any of the existing strategies. This might be very difficult to do, though.
3. If #2 proves impossible or impractical, I will look to add another market, possibly Gold or Oil.
4. If I find a great Euro strategy that interferes with one of my original strategies, I may swap them.
I'll keep everyone informed on my progress, and I'll also update the status of original strategies every so often.
If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
The following 5 users say Thank You to kevinkdog for this post:
I think you have shown us an excellent way how to turn an idea into a tradeable system, and I am sure passing a Combine will be just a matter of fine tuning. I am sure you never go live trading after just a week or two since the inception of the system. Thank you!
The following user says Thank You to xelaar for this post: