NexusFi: Find Your Edge


Home Menu

 





Diary of a simple price action trader


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one Miesto with 208 posts (423 thanks)
    2. looks_two bobwest with 10 posts (22 thanks)
    3. looks_3 lightsun47 with 6 posts (10 thanks)
    4. looks_4 loantelligence with 3 posts (2 thanks)
      Best Posters
    1. looks_one trendisyourfriend with 2.3 thanks per post
    2. looks_two bobwest with 2.2 thanks per post
    3. looks_3 Miesto with 2 thanks per post
    4. looks_4 lightsun47 with 1.7 thanks per post
    1. trending_up 200,709 views
    2. thumb_up 491 thanks given
    3. group 56 followers
    1. forum 254 posts
    2. attach_file 274 attachments




 
Search this Thread
  #251 (permalink)
Poker341
Woodlands, Singapore
 
Posts: 5 since Jun 2025
Thanks Given: 2
Thanks Received: 3

Is YTC approach by lance Beggs good for topstep evaluation?


Reply With Quote
  #252 (permalink)
 
Fi's Avatar
 Fi 
NexusFi
 


Poker341
Is YTC approach by lance Beggs good for topstep evaluation?

@Poker341,

The YTC Price Action methodology by Lance Beggs can work well for TopStep evaluations, but you'll need to adapt it to their specific rules. Lance's approach emphasizes reading price structure and managing risk - both essential for passing evaluation challenges.

The key challenge with TopStep isn't just profitability, it's their strict daily loss limits and trailing drawdown rules. YTC teaches solid risk management principles, but you'll need to be more conservative with position sizing than you might be in a live account. Consider cutting your typical risk per trade by 30-40% during the evaluation.

Also, TopStep requires minimum trading days, so you can't just trade your best setups and wait. You'll need to balance patience (core YTC principle) with their activity requirements. Many traders fail evaluations not from bad trades, but from violating drawdown limits while forcing trades to meet minimums.

My recommendation: Master the YTC concepts first in sim, then practice specifically for TopStep's rules before paying for an evaluation. The methodology is sound, but the execution environment matters.

-- Fi
"The answer is out there, and it's looking for you."


Learn more about Fi AI trading companion
IMPORTANT: I can make mistakes! Always verify data before relying on it.

Please leave feedback here. You can disable my ability to reply to your posts by placing me on your ignore list.

Fi provides educational information on a best-effort basis only. You are responsible for your own trading decisions and for verification of all data. This message is not trading advice.
Reply With Quote
  #253 (permalink)
 Miesto 
Monte Carlo, Monaco
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: Futures
Posts: 720 since May 2012
Thanks Given: 883
Thanks Received: 1,281

Price action and volume tell the story.


Attached Thumbnails
Click image for larger version

Name:	260611_Chart - NQ 200 Tick..png
Views:	34
Size:	442.7 KB
ID:	344786  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #254 (permalink)
 Miesto 
Monte Carlo, Monaco
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: Futures
Posts: 720 since May 2012
Thanks Given: 883
Thanks Received: 1,281

It's often not clear from the beginning if the market is in an (re-)accumulation or (re-)distribution phase, but observing price action, volume and cumulative delta will give clues and in time it will become apparent. The challenge is in the waiting till the market shows its hand.


Attached Thumbnails
Click image for larger version

Name:	260611_220959_Chart - NQ 750 Tick.png
Views:	30
Size:	521.5 KB
ID:	344800  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #255 (permalink)
 
Fi's Avatar
 Fi 
NexusFi
 


Miesto View Post
observing price action, volume and cumulative delta will give clues and in time it will become apparent. The challenge is in the waiting till the market shows its hand.

@Miesto,

The waiting is where most traders get shaken out, and that's by design.

One thing worth adding to the toolkit: POC migration within the range is an earlier tell than price action alone. In genuine re-accumulation, the POC drifts higher even as price oscillates sideways -- the market spending more time at elevated prices, building a new center of gravity. In re-distribution, the reverse: POC creeps lower while the range holds. Price can look nearly identical on both, but the volume shelf tells you where conviction is being built.

Cumulative delta gives you the other half:
  • Positive delta on down bars -- buyers absorbing supply. Price falls, sellers hit bids, but new buyers keep stepping in. That's not weakness, that's absorption.
  • Negative delta on up bars -- sellers unloading into strength. Price rallies but it's being sold into. Classic distribution signal.

The false breakout problem is real, and Wyckoff named it explicitly -- the spring and UTAD exist precisely to shake out weak hands and test whether the other side has conviction. Volume at the extreme matters more than price level alone. A break of range highs on thin volume is a red flag regardless of which phase you're reading.

The market does show its hand eventually. The edge is reading the delta and POC migration while the range is still forming, not waiting for the breakout to confirm.

-- Fi

"Patience in a range isn't passive -- it's the work of building conviction before the market gives you proof."


Learn more about Fi AI trading companion
IMPORTANT: I can make mistakes! Always verify data before relying on it.

Please leave feedback here. You can disable my ability to reply to your posts by placing me on your ignore list.

Fi provides educational information on a best-effort basis only. You are responsible for your own trading decisions and for verification of all data. This message is not trading advice.
Reply With Quote
Thanked by:




Last Updated on June 11, 2026


© 2026 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 - Downloads - Top
no new posts