Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Trading: I'll trade anything with volatility and momentum.
Posts: 49 since Jan 2014
Thanks Given: 121
Thanks Received: 42
This is my trading objective for my custom combine with @:
Account Size: $475,000
Duration: 30 days
Max Position Size: 35 Daily Loss Limit: $6,500
Max Drawdown: $10,500
Profit: $19.500
Refund/Rollover Limit: $6,500
I also have the following rules to follow, just to spice things up:
I agree to:
Trade only the required number of days (10 or 20 trading days in 30 or 60 calendar days, resperctively)*
Always implement stops with an open position
Only trade permitted products, during the permitted times
Achieve an Average Net P&L greater than $0 for each product traded
Achieve an overall Winning Day percentage of 55 or greater
Ensure my Largest Losing Day will not hit or exceed my Daily Loss Limit
Ensure my Account Balance will not hit or exceed my Trailing Max
Drawdown (Account Balance High - Max Drawdown = Trailing Max Drawdown)
_______________________________
I trade Price Action using Supply and Demand Zones with Japanese Candlesticks.
I am a discretionary trader and I go as "Cheery-Boga" in the Squawk Radio. Eddie, the broadcaster, is da BOMB. It's a free service and I invite you to the room. Come say, "hi!".
This is my first combine and I've given TsT about $800.00 as a deposit. Although, the screenshot says that I have ten days; I actually have 30-days to complete the mission.
I've only started learning about this thing called, "Futures Trading", on 3 January 2014.
I've taken copious notes and spent countless hours reviewing videos by my Guru, Gabriel Brent.
I've promised to gift him a TESLA (Black Exterior with an all-Red Interior) sedan, when I generate my first $3MM. This will be my homage. Watch and See!
Gabriel Brent is truly the best Futures teacher around. I'm a native New Yorker and this man has humbled me.
Thank you for your time and I look forward to your input, my fellow traders.
Yours,
Cheery-Boga
(that's how you phonetically pronounce my surname, in case you were wondering the etymology of my handle-name)
Good luck with your combine. Once you pass the combine and get funded as a TST trader, what will beyour trading limit?
$475,000?
I like that you have choosen a custom combine to fit your trading style.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Trading: I'll trade anything with volatility and momentum.
Posts: 49 since Jan 2014
Thanks Given: 121
Thanks Received: 42
Thanks for the well wishes, MfBreakOut!
Their rules are very simple. Once you successfully challenge their combine, you become a funded trader and trade the EXACT SAME account size and instrument/products that you traded during the combine - as a combine recruit. Nothing changes.
Of course, if you fail the combine....you also loose the deposit. In my case, 800 nachos.
There is a middle step that's added between becoming a combine graduate and a funded trader. It's called, " Live Trader Prep". It's another combine that TsT subjects anyone, who they feel didn't have a high K-ratio, or had very little consistency. You must trade for ten days and the objectives are lax compared to the one you challenged. They wanna make sure that they're funding a consistent trader and not a cracker-jack.
I use TraderVue and it automatically calculates my K-ratio.
Even though, I plan on having a K-ratio over 3.0 (2.0 is their bare minimum), I FULLY intend to volunteer for their Live Trader Prep "in-between stage" prior to trading live. Why? Because I've never in my 42-years (43 years young on 12 September 1971) have ever traded anything on any exchange. I want to be completely acclimated to this environment, before I actually put real nachos in play.
Trading: I'll trade anything with volatility and momentum.
Posts: 49 since Jan 2014
Thanks Given: 121
Thanks Received: 42
Here is a screenshot of my trading days, since Monday; 8 September 2014.
I felt ill on Sunday and plowed thru to my trading desk on Monday feeling like crap. I totally ignored the signals that my body was firing off and as a result, it was reflected on my PnL. I lost $3,778.00 after commissions. WoWZA! What a way to get the week started. Right?
I took Tuesday completely off. I did turn on my laptop to listen to RollTide's Newest Funded Trader interview, but I could barely keep my eyes opened and my body was shaking in chills. I broke the fever a few hours later.
Today, Wednesday, I felt a lot better and I've gotta tell you. I love that feeling when you can blow your nose and a whole lot of snot comes pouring out of your nostrils. It's soooo liberating. Now, I have post-nasal drip and that's mildly irksome.
I traded today and earned over $4K. As a result, I'm net positive 200 nachos, for the week. Whew! I'm glad that I recovered, quickly, and I'm so happy to be back in square one.
Look at screenshot and see how much time....how long I kept my winning position over my loosing position, today. I'm very proud of that feat, traders! I find that it's easy to get stopped out, but to let your runners run is an act of faith.
Remove the link to your affiliate in the first post. You were banned for this before. If you do anything remotely similar to this ever again, your ban will be permanent without any exception whatsoever.
Trading: I'll trade anything with volatility and momentum.
Posts: 49 since Jan 2014
Thanks Given: 121
Thanks Received: 42
I ALMOST BLEW UP, This Morning!
The gory details:
I was bucking the trend on Crude, from the open, and *almost* blew up my combine account. $14.00 short of hitting my daily loss limit is what saved my phat ass. I miscalculated, originally, and thought I blew it altogether. I am happy to announce that I learned a few things, this week:
Number #1: Don't trade when you're not feeling well. I'm still experiencing upper, respiratory congestion. Woke-up with an unmitigating headache and still traded. WTF? Nobody put a gun to my head and *forced* me to trade.
UPDATE: I went straight to bed, after the day session, and I'm feeling so much better. I'll monitor my fever, overnight. It appears that it's broken, since I'm sweating as if I'm sitting inside an Indian Lodge Teepee.
Number #2: Don't be influenced by others in the Beaver Dam, my virtual trading room. Do your own due diligence, even when your the hostess with the mostess.
FYI: the Beaver Dam is an AdobeConnect room, where I record my stream of consciousness, while I trade. It's open to the public, on the first Tuesday of each month.
Traders, if you expected me to have excuses or use scape goats, think AGAIN. There are no hostages and no victims, in the Trading game. I *almost* lost this combine, because of ME. Me. Me. Meeeeee.
Thank you, Big Mike from nexusfi.com (formerly BMT)! Our private chat really helped me, today. I LOVE YOU, my brother and I solemnly promise not to add anymore of my affiliate links on your site. Thanks for not banning me, again, for that misguided transgression.
In spite of having a disastrous trading day, I'm feeling happy! Tomorrow is my Birthday and I'll be 43 years young. Haha! What a great feeling to be alive and kicking!
I love my life! What else is possible? How does it get any better than this?
Martha -- STOP PROMOTING YOUR BUSINESSES ON nexusfi.com (formerly BMT). NO SELF PROMOTION!
This is the third and last "final, final, FINAL" warning. And you will not be able to come back after you are banned this time, period, for ever. I cannot understand why you would purposely advertise your site moments after I last told you not to do tihs! NO SELF PROMOTION!
And don't try to tell me it's free, that website is an affiliate link and you and I both know it. ENOUGH!
As you've said before you have never traded before. Why do you think you are qualified to trade 35 contracts? To me that is a bit like given a 14 yr old with a learners driving permit the keys to a Ferrari. How could you possibly expect to be able to trade at that size?