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Personally I would love to see every single vendor of systems/indicators etc with a set of combine figures. I am a big fan of what they are doing and any trader having a go with them is to be commended. Well done!
TopStepTrader's rules are genuine and I believe it will one day be a requirement in the industry to show your credentials in the form of some type of combine figures.
Recently I have visited several $xxx a month rooms for a trial only to find the trader is on Sim101. Every excuse under the sun is given for why, but the truth is known to all experienced traders. This game is 98% mental. The rooms where live trading is going on is the future.
I'd say a Sim101 room is worth about $20 a month. The same room Live is about $99 a month. anything over that and the vendor is making more in fees than in trading.
Being consistent on Sim with an E for Edge-Ratio (MFE/MAE) of +2.00 to 3.00 or more is the goal to get to. Showing a Sim101 account over a period of 90 days with an E-Ratio over +2.00 means you are trading brilliant. That will only ever happen when losses are cut short and some big profits allowed to run.
I have been driving for 40 years, trading for 20, could I pass the current diving test? Could I pass the combine test?
I think there is an idea here that Big Mike could develop. A futures.io (formerly BMT) combine? TST has already set the scene. I can see it sorts out the traders from the rest.
Like they say, great traders talk trading ideas, average traders talk about stuff, and small traders talk about each other. The Combine is a Great Idea!
Thanks to Mike and TST for bringing it to our notice.
Ah.... an @Big Mike Combine.. I have brought this up before and Mike said he had no interest. ...maybe if
we just keep bringing it up every now and then, we will catch him in a weak moment and he'll go with
it..
Although I can only trade a maximum of 2 hours a day due to my regular day job, I'll give TST a try and start the combine as soon as they allow to use Ninja Trader platform.
This is a great point, another consideration might be the time change in Euro-Land on Sunday Oct 28 and the time change in Dollar-Land on Sunday Nov 4. During this in between week indicators can be a little "wacky" around the opens and the closes, for good reason.
Regarding the profit split, the info on this page indicates that if a $30K buffer is built, that anything else above that will receive an 80/20 profit split. Is this correct, @Hoag?
I apologize if this has already been answered but as long as all the other criteria are fulfilled and the PnL looks good, what is the importance of this particular criteria:
Overall Average Win Duration greater than Overall Average Loss Duration