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Man, nothing like a publicly viewable leader board to keep ya acting right
Also, it may be obvious, but the 'k' prefix gives you the trader's daily loss limit. And therefore the various account size being traded (50K, 100K, or 150K).
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Luck is what happens when preparation meets opportunity. ~ Seneca
Stupid question: is the "loss" number for the combine given ($3K for the $150K account for example) the max loss below the initial balance of the account, or per day?
Per day. And you can lose more than that, but if you do the rest of your combine is basically just practice. That's why on the losing end of the spectrum you'll see so many within a few dollars of the DLL - nobody wants to get knocked out
Luck is what happens when preparation meets opportunity. ~ Seneca
3000 is a single day loss limit. So if they started with 150,000 this morning and hit 147,000 at noon the account would be locked for the rest of the session.
Undoubtedly, you can find some ideas and possible best practices from the top performers list. But you can definitely get an idea of what the other side is doing when it comes to less-than-best practices:
That hurts, man. Some of those guys are just days into their combine, and they are already out of it for this go-around. I don't know if it comes across yet, but this ain't an easy gig.
It is great to see guys pulling 10k days on just 10 cars. That's awesome. It really is and I hope to see more nexusfi.com (formerly BMT)'ers on that kind of list. But part of what that dude did was NOT do stuff that knocked him out of the the race. Stuff that was common on the other list.
If you want to obsess about anything, obsess about risk.
Luck is what happens when preparation meets opportunity. ~ Seneca
Undoubtedly, you can find some ideas and possible best practices from the top performers list. But you can definitely get an idea of what the other side is doing when it comes to less-than-best practices:
That hurts, man. Some of those guys are just days into their combine, and they are already out of it for this go-around. I don't know if it comes across yet, but this ain't an easy gig.
It is great to see guys pulling 10k days on just 10 cars. That's awesome. It really is and I hope to see more nexusfi.com (formerly BMT)'ers on that kind of list. But part of what that dude did was NOT do stuff that knocked him out of the the race. Stuff that was common on the other list.
If you want to obsess about anything, obsess about risk.
Is the DLL net or gross? A couple of those at the bottom of the list maybe thought it was gross, and didn't factor in commissions.