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Watch me turn $150 into $10,000 in 3 months or less!
Somewhere I have read that they like to see ten proper days of trading. Otherwise, taking an extreme example, one could simply try to pick a top or bottom in Crude with a couple of lots and an eighty tick target and do a few combines until the target is hit on the first day, then make or lose a tick or scratch for the next nine days. (For anybody just wanting to pass the Combine and forgetting they don't win a prize, but are expected to be able to repeat their methods). The Live Trader Prep period helps to weed out those lucky passes too of course.
Nice to see you back Hunter. Good consistent start.
You actually can just fill in the remaining days with little nothing trades, once you have made the targets and assuming you don't fail on any of the loss control or other rules.
At one time, they did a "subjective" evaluation, which could take into account things like short little trades that mean nothing, but now it's just a matter of making the numbers. Even then, all that would result would possibly be having to do the Funded Trader Prep -- which used to be their option to assign or not. Now, it's assigned in all cases, no matter what the Combine result.
So it's a matter of how ready a trader believes he is. As @matthew28 just wrote, sometimes it's looked at like a sweepstakes -- you win and you get your prize. But the "prize" is just the opportunity, after the FTP, of really trading. So if you rely on luck to win the prize, you will have a problem later.
The rules don't stop you, either way.
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All that aside, good work, @Hunter Bidgood! Keep killing it.
TST requires you to be flat for some news releases that I would not require myself to be flat on for ES and 6e, so I do not want to add unnecessary complications to my world.
Thanks Bob, I plan on trading it all the way through. The only days I will scratch are days where I do not feel like trading or feel out of sync but still want to get the day on my combine.
Yup that is the way to do it, honestly its what a lot of people do. Don't be like me and hit ur goals and pass the combine early and then decide to continue trading the account normally, shooting for the moon and all of a sudden hit a loser day and then scramble to get back into profit. Happened to me twice and my thought was hey, i should just keep trading normally because if i believe my plan works then i should be alright. While it sounds very logical and reasonable ur on a test, pass it and keep it passed until the day limit is up by doing what @Inletcap said and if this happens on the next combine "the FTP, which is geared towards even further risk management" do the same! once you get past the 1st combine and into FTP you do not have to pay another combine if you mess up on ur "FTP"
The next ten days after u pass FTP will be the days u want to do your thing everyday! Until that if you pass stage one or two take the easy route and enter/exit instantly to fill up any leftover days if you have reached profit goals already.
Hi Hunter, so far your trading record above looks great! May I ask how you trade? Purely technical? If yes, would you mind going a bit in detail of what you do (can be a PM aswell if you like) - I´m always interested in what other people do and things I could add to my portfolio - I also like trading CL a lot!
Hi everyone,
I have gotten a few request for screenshots and questions about how I trade.
I may do something like this at some time in the future but honestly you guys maybe missing the point.
I am a discretionary trader. I have no holly grail. I use the same things as most of you, 30 min, 5 min, candle patterns and order flow.
Nothing that you can not pick up from the webinars here at the Big Mike members section.
I do not trade systems, I trade my gut!
What matters is learning to believe in yourself over time.
I have been fortunate enough to work close with a coach over the past year and he does not even trade anymore.
It is because of the inner work that I have turned the corner I have in day trading, not because of anything outside of myself.
The real value that I am offering IMO is just seeing that this can be done by anyone, if they just work on the right problem...
You can learn from someone else, but not much.... You certainly cannot learn "how to trade." At most, you can just get an idea or two that you can try out, change to fit, and maybe make your own. When you do that, it will not be very much like it was in the other person's hands.
