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Congratulations on a job well done! One thing I like about the Combine is that it does force discpline on you - I think you're less inclined to be a hot-shot trader and more inclined to develop a real skill.
Keep up the good work!
I for one would certainly be interested in some postings here from people who have passed the Combine and the transition to profitable live trading.
Would be great to know what it's like to have mastered that hurdle and gone on to the next level.
If there already are posts like that which I have missed, please let me know. Combine is something I have been considering for a while now.
"If we don't loosen up some money, this sucker is going down." -GW Bush, 2008
“Lack of proof that something is true does not prove that it is not true - when you want to believe.” -Humpty Dumpty, 2014
“The greatest shortcoming of the human race is our inability to understand the exponential function.” Prof. Albert Bartlett
newest funded trader at TST says hes a member here at BMs.. his name is Ronghua Xie or Ronghuax on TST. not sure if he is actively posting here under a diff name?
dont believe anything you hear and only half of what you see
So, I was unable to go 10-for-10 and achieve the perfect combine -- I wasn't expecting it anyway. I had to reach $2500 for the day so I stalked the market all night, passed on 2 opportunities that I normally would have taken and both would have gotten me there, and took a 3rd opportunity during market hours that of course stopped me out. So I ended down about $1700 for the day and left it at that, I still had achieved rollover because I was in the green in all their additional metrics.
So, I get a call later in the day from John, the head scout, who I have had a great rapport with and he said that based on the strength of my combine, along with the fact that I had recently passed the the $50k combine, that if I felt I was ready they wanted to bring me back up to the "live prep" where I just have to reach $1500 in any amount of time and then I go live -- they want me to go live. The hitch was that it would be with the $50k account and not the $100k which I had just done so well in (and I don't really consider this a hitch, they are offering me the chance to go live).
Anyway, I thanked him for the opportunity but said that if I was going to go to the "live prep" it would have to be with the $100k account and if they couldn't offer that then I understood and I would just rollover my current combine but would try and conquer the $150k account. He again stated that they really would like for me to take a shot at going live but the $50k was what was on the table at this time. I let him know that I had never been so comfortable as I was in the $100k combine and for a number of very important reasons related to my trading that I had to stick with the $100k or above. So the 150k is up next for me and there is not doubt in my mind that that it is the right thing to do for long term success.
I don't think they have had anyone avoid going live twice but I'm getting better by the week and when I know I'm ready I'll be better off taking my time in the current stages. I'll let you know how the $150k goes!
Awesome stuff HT, keep up the excellent work! My guess is you may be right about TST receiving repeated 'not yet's, but also guessing they are savvy enough to respect your self-evaluation. Plus, keeping a keen focus on long-term development can only benefit both parties. Kudos on the progress!
Looking forward to the next update.
Luck is what happens when preparation meets opportunity. ~ Seneca
TopstepTrader's CEO Michael Patak and Senior Scout John Hoagland will be here for an in-depth discussion about their Combine's on February 5th -- more information in the thread below: