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Thanks for good words, one of parameters is allowed to fail, but I don't like that anyway. It was more less in balance before a week ago I left a pending order with 50 ticks target and no trail, it was away from market so I went to have lunch to come back and see it run 30 ticks, reversed and hit my stop loss. Not only a loser but a loser with 8.5 minutes duration. Given that most of my trades are under 30 seconds, this screwed things probably beyond repair. I work to have winning trades larger than losing trades on average, should be fine.
Good day to be trading my system. Too bad I had to miss a half day as I needed to bring my dearest half to the hospital, nothing too dangerous, I hope.
Anyway, gold went nuts, I felt like 3 weeks ago, I tried few entries, pretty much break even as I was working with a very very aggressive R:R settings. Eventually I was then sitting and waiting for one of two setups to kick in: long above swing high of the day and short below LOD with evidence of supporting price action to build up and order flow to start kicking. High never came to test, but after many hours of wait after 2PM CST (9 PM my time and I started at 11 AM) I got my fix. Did not get 21 ticks I wanted but it stalled on 15 ticks mark and I pulled it netting 14. It pulled back right after.
I am now very close and hope not to screw it. If I pass we shall see if they ask me to do a live trader prep or not.
You're just a mini-step away from your goal, so take care !
I don't think that they're going to send you through the LTP since your overall stats won't give them a reason to do so...but you'll never know until you reach that stage.
And my best wishes to your dearest half, I hope she gets well soon !
Nicely done. Dont add any extra pressure on yourself. You've got time. Just trade well and you'll pass without a problem.
Regarding the live trader prep, I very much doubt you'll be asked to do it. They generally only ask traders to do it if they dont show consistency in their trading. For example if you have one or two massive winning days, and then you just break even the rest of the time. That doesn't show consistency. They will need more proof that you can actually trade. I dont think you will fall into that category.
Push it over the line next week. Slowly slowly catchy monkey.
It will be interesting to hear / see the full feedback from TST on your trading. How will they evaluate your risk management, your winners vs losers both in terms of time and size etc. Don't hold any of that stuff back (even if some of it is a little salty !)
In any case, have a good weekend and if you have to wait 6, 8 , 12 hours for the winner ... so what.