Ryan's Funded TopStep & Beyond Trading Journal

October 11th, 2016, 11:02 PM

@ryanzw,
I hope you get to return to live trading before too long. I've never tried TST, but it does seem that the rules of the funded account are very tough to comply with, especially at the beginning.
As to your trading system : I trade ES, not NQ, but they are very similar, and some of my trades are like yours, i.e. fading levels based on OR, or IB., and measured move targets. I've found that observing the TICK helps a lot when choosing to enter or not, and gives me a higher win rate. Of course there are successful traders who never use it, and we all have to find our own way.
Best of luck.

October 11th, 2016, 11:34 PM

ryanzw

Unfortunately I have lost my top step account, time to go back to the drawing board. Despite my extremely poor performance in the Topstep account I still believe I have a profitable trading methodology, its just my execution of that methodology that needs serious work.

I will take some time off from the journal but plan to start again after I figure out the next step.
Thanks for the support, unfortunate that I couldn't do better but I will be back again.

Don't let this get you down too much. Everybody gets knocked down, it's all about how you get back up that counts!

October 19th, 2016, 01:36 PM

ryanzw

I guess my plan is to try and see if I can do better tomorrow but if i am down to -950 I will stop trading and take advantage of their "redevelopment" offer which means I can go back to the combine for free and if I beat the objective I can start over in funded account, bypassing the funded prep step.

By the numbers you've posted it looks like you were doing the $50K. Why not continue and take advantage of the full 10 trading days and the full $2K draw down?

EDIT: I read to the end of the thread after writing the above. I hope you still get the re-development opportunity? You'll bounce back, if you need any ideas on how to keep that consistency moving over to live, shoot me a message!

Ryan's Funded TopStep & Beyond Trading Journal

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Ryan's Funded TopStep & Beyond Trading Journal