NexusFi: Find Your Edge


Home Menu

 





Impossible Mission, TST Trading Journal


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one Almostakbal with 23 posts (66 thanks)
    2. looks_two bobwest with 3 posts (12 thanks)
    3. looks_3 rleplae with 2 posts (4 thanks)
    4. looks_4 andersjr82 with 2 posts (0 thanks)
      Best Posters
    1. looks_one bobwest with 4 thanks per post
    2. looks_two Almostakbal with 2.9 thanks per post
    3. looks_3 rleplae with 2 thanks per post
    4. looks_4 Tymbeline with 1.5 thanks per post
    1. trending_up 6,799 views
    2. thumb_up 90 thanks given
    3. group 13 followers
    1. forum 39 posts
    2. attach_file 11 attachments




 
Search this Thread

Impossible Mission, TST Trading Journal

  #11 (permalink)
 
Scalpingtrader's Avatar
 Scalpingtrader 
Hanover, Germany
Legendary Amateur Trader
 
Experience: Beginner
Platform: NinjaTrader
Trading: ES
Posts: 1,945 since Apr 2014
Thanks Given: 3,144
Thanks Received: 5,147


trendisyourfriend View Post
The profit objective for the 150k combine is equivalent to growing the account size by 120% on annual basis (200 days).

Annual basis (200 days of trading)
1 sequence is 10 days to meet the objective of $9000
There are 20 such sequences in a year (10 days * 20 = 200 days)
Profit on an annual basis = 180k ($9000 * 20)

120% = 180k/150k

A trader that can do this is an excellent trader in my book.

the new combines are all continuous. There is no obligation to make the profit target within any specific number of days.
That being said, once you go on the funded account, life-support will be cut after ten days and you got to work with what you accumulated in that period.
At least that's how I am currently informed, please correct where wrong or unclear

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
How to apply profiles
Traders Hideout
Exit Strategy
NinjaTrader
ZombieSqueeze
Platforms and Indicators
MC PL editor upgrade
MultiCharts
Trade idea based off three indicators.
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
29 thanks
Just another trading journal: PA, Wyckoff & Trends
24 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
21 thanks
GFIs1 1 DAX trade per day journal
17 thanks
  #12 (permalink)
 
rleplae's Avatar
 rleplae 
Gits (Hooglede) Belgium
Legendary Market Wizard
 
Experience: Master
Platform: NinjaTrader, Proprietary,
Broker: Ninjabrokerage/IQfeed + Synthetic datafeed
Trading: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
Posts: 3,003 since Sep 2013
Thanks Given: 2,442
Thanks Received: 5,863


trendisyourfriend View Post
The profit objective for the 150k combine is equivalent to growing the account size by 120% on annual basis (200 days).

Annual basis (200 days of trading)
1 sequence is 10 days to meet the objective of $9000
There are 20 such sequences in a year (10 days * 20 = 200 days)
Profit on an annual basis = 180k ($9000 * 20)

120% = 180k/150k

A trader that can do this is an excellent trader in my book.

In my opinion, the analysis is slightly different.
You need to achieve $9000 in minimum 10 days (just to avoid you do a lucky shot 15 contract CL and hit a home run.

You can achieve the $9000 target in any number of days, 10 or more.

I agree with you, 9000$ in 10 days you need to take big risk and stay out of trouble with the daily 3K and 4.5K max draw-down. But most likely you go steady a bit slower to achieve that 9K

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #13 (permalink)
 
MiNMLTR8DR's Avatar
 MiNMLTR8DR 
Bellevue, WA
 
Experience: Intermediate
Platform: Tradestation
Trading: ES
Posts: 8 since Sep 2015
Thanks Given: 2
Thanks Received: 1


I've noticed many people keep saying you only have 10 days to reach $9000 for the 150k account to be funded.

The website says you have to trade a minimum of 10 days to be qualified.
So it can take as long as you want to reach the $9000 as long as you are willing to pay the $375 per month?

Sorry I didnt read rleplae's post.

Reply With Quote
  #14 (permalink)
 
Tymbeline's Avatar
 Tymbeline 
Leeds UK
Market Wizard
 
Experience: Intermediate
Platform: Tradovate
Broker: Tradovate
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 647 since Apr 2015
Thanks Given: 2,347
Thanks Received: 1,057


MiNMLTR8DR View Post
So it can take as long as you want to reach the $9000 as long as you are willing to pay the $375 per month?


This is correct. So you have about 22 trading days (if you choose to use them all) before the fee goes through again. Slightly fewer over the holidays, I suppose.

(What's less clear - to me, anyway - is the perception that the $150k Combine confers such advantages over say the $50k one as to make it worth paying $375 rather than $165. I can see that for someone who needs, because of their methods, to start trading a funded account with 3 contracts rather than with 2, according to TST's funded account scaling plans, might find it more suitable ... but for the overwhelming majority of participants, it's hard to see so much advantage? Present company excepted, of course.)

Apologies for all the "general chat" in your thread, Almostakbal, and best wishes for the Combine!

Reply With Quote
Thanked by:
  #15 (permalink)
Almostakbal
Budapest
 
Posts: 35 since Feb 2016
Thanks Given: 11
Thanks Received: 75


Quantslab View Post
best whishes too from here but i have a question finally if you really sucesss the tst goals and time how they guarant you get a funded account? i always smell a Scam in that Site:
you pay and get a test with them but they discretionally selec you if youare a wiiner to get funded account
finally how they get a ideal business Getting 100$ 200$ or more money from tradre enthusiasts we dont know if they really offer funded accounts to real good traders

Thank You,
Yes, rleplae right, somebody have to going trough the test, and than we will see.
I dont loose too much if scam, max my time and couple box, but I will get experinece, what sometimes more better than 400usd.

Reply With Quote
Thanked by:
  #16 (permalink)
Almostakbal
Budapest
 
Posts: 35 since Feb 2016
Thanks Given: 11
Thanks Received: 75

Here the first trade, Gold
I will try to make video from all of my trade, its can be good for me to learn.


Reply With Quote
Thanked by:
  #17 (permalink)
Almostakbal
Budapest
 
Posts: 35 since Feb 2016
Thanks Given: 11
Thanks Received: 75


rleplae View Post
My question to @Almostakbal what is your edge ? (to me it seems your experience and edge are likely on the DAX),
going for CL and GC, seems a different animal, especially the GC !

Ohh yes, gold, oil is a different animal, I just hope I will still in a game in a combine. Impossible Mission


rleplae View Post
wish you a lot of luck and curious to follow this effort

Thank Your wish!

Reply With Quote
  #18 (permalink)
Almostakbal
Budapest
 
Posts: 35 since Feb 2016
Thanks Given: 11
Thanks Received: 75

I was dont like this trade, RR ratio not was good. I was feel before when I enter to trade, this is why I just go with 1 lot.



Today no more trade in gold, in us session I will try CL

Reply With Quote
Thanked by:
  #19 (permalink)
Almostakbal
Budapest
 
Posts: 35 since Feb 2016
Thanks Given: 11
Thanks Received: 75

Maybe little bit early, before us session open.

Short, -7tick


Reply With Quote
  #20 (permalink)
Almostakbal
Budapest
 
Posts: 35 since Feb 2016
Thanks Given: 11
Thanks Received: 75


I dont give up the short, so short again, and I was make a big maistake. Too early breakeven.


Reply With Quote




Last Updated on January 3, 2017


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts