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Search: Posts Made By: Pedro40
Forum: Trading Journals July 29th, 2013, 06:17 PM
Replies: 460
Views: 104,009
Posted By Pedro40
Who do you have this need for trading a new...

Who do you have this need for trading a new strategy? I assume you have at least half a dozen proven ones, why not just pick one that best fits the rules and trade that one??
Forum: Trading Journals July 26th, 2013, 05:41 PM
Replies: 460
Views: 104,009
Posted By Pedro40
I think it is fortunate. Otherwise people could...

I think it is fortunate. Otherwise people could accuse you of talking something about what you have no idea... :)
Forum: Trading Journals June 22nd, 2013, 11:12 AM
Replies: 460
Views: 104,009
Posted By Pedro40
That would make sense as an explanation, but this...

That would make sense as an explanation, but this rule is actually included among the rules, so it looks like it is intentional...
Forum: Trading Journals June 21st, 2013, 03:41 PM
Replies: 460
Views: 104,009
Posted By Pedro40
Dipping below max. DD

Yes, you can go below the max. DD, as long as you bring it back by the close. I have done it more than once. If I recall, you can actually close the trade too, and start with a new one, as long as...
Forum: Trading Journals June 15th, 2013, 07:05 AM
Replies: 460
Views: 104,009
Posted By Pedro40
Kevin, just an observation about your plan. ...

Kevin, just an observation about your plan.

I would probably scrap Strategy #1, because there is a 99% chance they wouldn't let you trade it Live. It is overnight trading and my understanding is...
Forum: Trading Journals May 15th, 2013, 06:25 PM
Replies: 460
Views: 104,009
Posted By Pedro40
Whenever you get a pass at something, you have to...

Whenever you get a pass at something, you have to do something else harder, when you are doing a custom Combine. So I would say your profit target would go up significantly if they approve that plan....
Forum: Trading Journals May 7th, 2013, 09:20 AM
Replies: 460
Views: 104,009
Posted By Pedro40
Then you have to post the dilemma in the TST AMA...

Then you have to post the dilemma in the TST AMA thread, because you can't expect them to read every Combine Journal.... (and they answer it quicker)

Or email them if you want a quick answer,...
Forum: Trading Journals May 7th, 2013, 08:37 AM
Replies: 460
Views: 104,009
Posted By Pedro40
You are right, I forgot about that, it will be a...

You are right, I forgot about that, it will be a -5$ losing day.... But it is the same as taking 1 tick hit, but with less cost.... You have the winning % at 70 nicely built up so, it won't go...
Forum: Trading Journals May 7th, 2013, 08:21 AM
Replies: 460
Views: 104,009
Posted By Pedro40
My advice is pretty obvious, do the rollover....

My advice is pretty obvious, do the rollover. (and you can take breakeven trades too, they won't mess with your stats, but count as traded day, and costs only $5)

The logic is pretty simple: You...
Forum: Trading Journals May 4th, 2013, 07:41 AM
Replies: 460
Views: 104,009
Posted By Pedro40
Oh I forgot about that, you are right. Now you...

Oh I forgot about that, you are right. Now you see, when I said earlier that you should throw in a quick one tick winner on days when you don't have a signal, that was good advice, because beside...
Forum: Trading Journals May 3rd, 2013, 07:50 PM
Replies: 460
Views: 104,009
Posted By Pedro40
Congrats to making it back. I know you are not...

Congrats to making it back. I know you are not going to listen to my advice, but the obvious choice here is to stop and do a rollover and start with a fresh date, so you have 2 more months instead of...
Forum: Trading Journals May 2nd, 2013, 09:32 AM
Replies: 460
Views: 104,009
Posted By Pedro40
Just a quick interruption about the Combine: ...

Just a quick interruption about the Combine:

The latest funded trader from Mumbai actually reached the profit target by day 13, but had to trade 3 more days to fix the stats, because his winning...
Forum: Trading Journals May 1st, 2013, 08:31 AM
Replies: 460
Views: 104,009
Posted By Pedro40
Why would it be fooling them? After all, at the...

Why would it be fooling them? After all, at the end of the day you still have to make money and be profitable. On the other hand I had a Combine where all my stats were nice (except one) but I didn't...
Forum: Trading Journals May 1st, 2013, 08:21 AM
Replies: 460
Views: 104,009
Posted By Pedro40
First that's what I thought too, but I can post...

First that's what I thought too, but I can post very nice consistent Combine records from people who passed and still had to do the Live prep. But anyway, this topic is not so important to the main...
Forum: Trading Journals May 1st, 2013, 06:35 AM
Replies: 460
Views: 104,009
Posted By Pedro40
Neither is winners vs. losers duration stats... ...

Neither is winners vs. losers duration stats... Nevertheless they measure you by it in the Combine... Actually, 2/3 of the Combine stats are unimportant in real trading....



Gaming the...
Forum: Trading Journals April 30th, 2013, 09:36 PM
Replies: 460
Views: 104,009
Posted By Pedro40
My understanding is that everyone has to do the...

My understanding is that everyone has to do the Live prep, no matter what your Combine looked like. Maybe if you kicked the ball out of the stadium, but TST only loses 2-3 weeks profit making by...
Forum: Trading Journals April 30th, 2013, 09:28 PM
Replies: 460
Views: 104,009
Posted By Pedro40
Seriously people, I explained in my Combine...

Seriously people, I explained in my Combine Strategy thread, that you have to play the Combine in a special way to pass it. Yes, he did get funded, so you are incorrect. Here is the explanation why...
Forum: Trading Journals April 30th, 2013, 07:22 PM
Replies: 460
Views: 104,009
Posted By Pedro40
I thought that was smart trading, I saw that...

I thought that was smart trading, I saw that earlier yesterday. He was done by day 7, there was no reason to screw it up for the last 3 days, so he took 3 1-1 tick profits each days.

Completely...
Forum: Trading Journals April 18th, 2013, 02:35 PM
Replies: 460
Views: 104,009
Posted By Pedro40
Call me stupid, but if it is just a strategy...

Call me stupid, but if it is just a strategy test, you could have paid for the practice account, only $100 for a month, just to see if the strategy is viable. You don't need the Combine for that.
...
Forum: Trading Journals April 15th, 2013, 07:19 PM
Replies: 460
Views: 104,009
Posted By Pedro40
For sure. You are allowed to miss 1 parameter.......

For sure. You are allowed to miss 1 parameter.... Mine is usually the average loser being too big...
Forum: Trading Journals April 15th, 2013, 06:06 PM
Replies: 460
Views: 104,009
Posted By Pedro40
Just an idea about the winning day %. On...

Just an idea about the winning day %.

On days when you don't have a trade (according to plan), you should still throw in a small trade until you are green for the day. Why? Because that helps with...
Forum: Trading Journals April 5th, 2013, 10:48 AM
Replies: 460
Views: 104,009
Posted By Pedro40
The price difference is minoscule between the 30K...

The price difference is minoscule between the 30K and 50K, only $15... Passing the 30K is only good for pocketmoney, after taxes and profitshare...
Forum: Trading Journals April 5th, 2013, 10:29 AM
Replies: 460
Views: 104,009
Posted By Pedro40
Kevin, let me know if we are offtopic, I can move...

Kevin, let me know if we are offtopic, I can move the conversation, but I like to discuss the Combine.

For most people I would say the 50K combines are the best and Mr. Patak said those are the...
Forum: Trading Journals April 5th, 2013, 10:14 AM
Replies: 460
Views: 104,009
Posted By Pedro40
Quite to the contrary. Maybe if you have a wide...

Quite to the contrary. Maybe if you have a wide DLL in your own account, but the combine has special rules with a tight DLL and you have to strategize accordingly.

Let's have an example. In the...
Forum: Trading Journals April 5th, 2013, 05:48 AM
Replies: 460
Views: 104,009
Posted By Pedro40
I don't really like this idea, but there might be...

I don't really like this idea, but there might be a better approach. If you have a strategy where the set ups occurs very infrequently, wait until the occasion comes and start your Combine then. For...
Showing results 1 to 25 of 27

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