Thank you for the suggestion bobwest. I realize there are many ways to get unanswered questions answered here, or through TST direct. But Big Mike's query was what we thought of the webinar, so that is the feedback I provided.
I feel that with a few modifications, TST might get a bit more interest from their webinars by folks who are new to this "line of work". Lord only know how many people lost interest after the first 15 mins. Nobody has an attention span these days. That's the basis of my feedback. :-)
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Somewhat interesting on the personal history and pits part and the two guys combined together make it more lively.
I have tried to understand TST to see if it is something I can recommend in good conscience to say beginner Colombian traders. My main concern is them developing very bad habits from complying with TST rules on the 30-50k combines especially. We have a lot of gifted minds here facing high entry barriers however though I could fund them myself, I can't be bothered managing them so I'm glad someone else is doing it. I accept that TST is a learning tool not a long term affair, impersonal natural selection however regarding the presentation...
I'm scratching my head a little to see how,within the 30-50k 2nd and beginner funded stage restrictions a trader might take the heat using profile delta divergence reading as John describes without being taken out soon enough? Its part of a larger picture but you need to be very competent and experienced to appreciate this I fear.
On one level swing trading techniques are being promoted (edit: or at least seems strongly implied), on another the compulsory news event exits & EOD exits make swing trading very messy. The boss says swing but the rules make less efficient scalps almost inevitable. Maybe he forgets the 1st stage combine is just a sales hook and TST traders cannot trade like he does on his personal accounts?
Worth the time to watch it though.
Last edited by Rory; September 4th, 2016 at 03:15 PM.
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I'm preparing for my talk with Latin traders (mostly finance students) and I have a question I have open with TST but I have not got a clear answer yet. Hopefully later today but I must update someone.
It relates to Pro/Non-pro status when someone has a pre-existing, non-Pro brokerage account.
When funded can the two co-exist? I understand TST don't ask you to close existing accounts, they have confirmed that part.
If however you pay the Non-Pro $15-20 a month for the full CQG bundle + Tick etc. on your 'personal' account can you just pay the higher TST Rithmic Pro data fee as a separate matter?
Essentially does trading under contract for TST mean one is 'Pro' across the board and so one also needs to declare and pay higher Pro fees for what was a personal (e.g. NT Brokerage) account or not?
I know I kind of asked the same thing twice there just its a little tricky getting a clear picture
Last edited by Rory; September 14th, 2016 at 12:44 PM.
We always appreciated John's willingness to spend time and share his knowledge, particularly in webinars on FIO. You will be missed, John, and I wish you well in your new journey!
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