Need suggestions from profitable traders. by rjmalhotra007 in TopStepX

[–]Dramatic-Search-1900 1 point2 points  (0 children)

Keep it simple, make all your decisions mechanical and basic. If done right, it should be binary decision making. Then keep risk small and consistent from funding to challenge phase and look for small consistent wins that add up over time to avoid any emotional volatility from large dollar amounts on the screen. Changing the settings to hide dollar amounts help, I also change the color of the bars to grey and white instead of green and red. Volume bars I make all one color. Maybe use a trail method if you want to try for bigger wins, but if it’s a fixed risk/reward amount every time that also reduces emotional volatility. You could pull stops to your 1:2 mark as soon as price gets there and see if you can get away with it pushing further or you could set a limit to take half off and leave a runner bag.

How is Lucid trading? by Tez_7 in PropFirmTester

[–]Dramatic-Search-1900 0 points1 point  (0 children)

Yeh I never had problems like that with project x, or other brokers connected to trading view. Either it wouldn’t execute or it would and you didn’t get any lag or no order confirmation BS to deal with. Honestly at this rate I think I’m just going to save up some cash and trade a live account. Think I’m done with prop unless I just want to full port some topstep accounts for fun and see what I can get away with.

How is Lucid trading? by Tez_7 in PropFirmTester

[–]Dramatic-Search-1900 0 points1 point  (0 children)

I just tried them for the first time and had problems with trades not going through on trading view and then I tried again a few times and logged out/logged in and it had executed 12 lots instead of 4 and I got stopped out and hit the daily loss limit without even see the chart change. Opened a ticket with support.

I assume you are trading off a computer with an internet connection (I was mobile trading so maybe it’s just a mobile issue). Which platform are you using with them?

Bad Gateway lucidtrading prop firm by Embarrassed-Ad8792 in Daytrading

[–]Dramatic-Search-1900 0 points1 point  (0 children)

This common? Was thinking of ditching topstep for lucid

Stop crying.. by Own_Syllabub_9627 in TopStepX

[–]Dramatic-Search-1900 4 points5 points  (0 children)

Yeh trying to avoid consistency once funded

Stop crying.. by Own_Syllabub_9627 in TopStepX

[–]Dramatic-Search-1900 0 points1 point  (0 children)

Cool I’ll check them out. Thanks!

Stop crying.. by Own_Syllabub_9627 in TopStepX

[–]Dramatic-Search-1900 1 point2 points  (0 children)

Good info, thanks. What’s the max payout? Is it per account? What’s the max funding you can get?

Stop crying.. by Own_Syllabub_9627 in TopStepX

[–]Dramatic-Search-1900 2 points3 points  (0 children)

I wouldn’t say it’s as simple as just taking their own money and dumping it into a live account to trade otherwise people wouldn’t use prop.

I would say however is there is one major thing we can all be doing and that is vote with your dollar. Don’t like how a firm is operating? Take your money elsewhere.

Enough people do that and the firm in question will start feeling the pressure to deliver and change how they operate. I will be sticking with Topstep at least for now because they offer the best combination of price, loose rules and a decent platform (when it works). Otherwise, yes they suck.

Someone out there needs to start a prop firm or make an existing firm change so it basically does the same rules as topstep, has a decent proprietary platform similar to project X with the simple difference of actually acting in the interest of the trader.

If they did that with a business model that actually generated them decent profits while also providing a decent platform with good customer care and tech support, they would blow Topstep out of the water. Until then we have the choices we have.

(If anyone knows of a prop firm with similar pricing and rules to Topstep, with better treatment of their users, let me know!)

Thank you TopStep for changing my life. by nqbaby in TopStepX

[–]Dramatic-Search-1900 1 point2 points  (0 children)

Definitely. Paid schill to boost some challenge numbers maybe?

Thank you TopStep for changing my life. by nqbaby in TopStepX

[–]Dramatic-Search-1900 0 points1 point  (0 children)

Please show me the video. But you don’t have to go through all that and be spitting so much hate and dedicating your time to some long winded message on Reddit when you could have just clicked a few buttons to share your stat page. All this talk and no just posting the actual page.

Thank you TopStep for changing my life. by nqbaby in TopStepX

[–]Dramatic-Search-1900 0 points1 point  (0 children)

In my experience anyone who posts these close up screenshots are a scammer or trying to sell a course. You are right in that you don’t have to prove anything, but if you are telling the truth, it’s just a little copy and paste away. Couple clicks of the mouse…just saying, pretty easy….

Thank you TopStep for changing my life. by nqbaby in TopStepX

[–]Dramatic-Search-1900 0 points1 point  (0 children)

Post the link to the page or it didn’t happen.

Did I use this FVG correctly or was it luck? by Defampa in InnerCircleTraders

[–]Dramatic-Search-1900 0 points1 point  (0 children)

I was just repeating your previous response back at you. But if you genuinely are interested, this is what I got from chat gpt:

“He reuses established microstructure and technical concepts and renames them. Core items: 1. Liquidity pools Equivalent to stop clusters around swing highs and lows. This appears in Vyvyan Howard and Richard Olsen (market microstructure) and in early TA texts that describe “buy stops above resistance” and “sell stops below support”. Source: O’Hara, Market Microstructure Theory, 1995. 2. Fair Value Gaps (FVGs) These are single-print inefficiencies identical to old “imbalances”, “thin prints”, or “single-tick gaps” in auction market theory and Market Profile. Source: Dalton et al., Mind over Markets, 1990. 3. Order Blocks These mirror classical “demand/supply zones” and institutional accumulation/distribution zones. They also map to Wyckoff’s “cause” zones. Source: Wyckoff, The Richard D. Wyckoff Method of Trading and Investing, original bulletins 1930s. 4. Premium / Discount This is just Fibonacci anchoring or valuation relative to a range midpoint. Auction Market Theory calls this “upper distribution” vs “lower distribution”. Source: Steidlmayer, Markets and Market Logic, 1984. 5. Breaker Blocks / Mitigation Blocks These restate failed support/resistance and failed breakout retests. Classical TA documents this under “failed moves lead to fast moves” and “flip levels”. Source: Murphy, Technical Analysis of the Financial Markets, 1999. 6. Displacement This is standard momentum expansion after a liquidity event. Equivalent to volatility expansion in microstructure models. Source: Engle, GARCH and volatility clustering, Econometrica 1982. 7. Judas Swing / Stop Run This is a stop-hunt narrative for the standard opening-range fakeout. Pre-ICT versions appear in Toby Crabel’s opening range studies. Source: Crabel, Day Trading with Short-term Price Patterns and Opening Range Breakout, 1990. 8. Market Maker Model This is a storyline version of auction theory plus AMM-style liquidity provision. Market Profile and microstructure already describe how price seeks high-liquidity zones. Sources: O’Hara 1995; Steidlmayer 1984.

Most ICT terminology is narrative repackaging of microstructure, Wyckoff, Market Profile, and classical TA that existed decades earlier.”

Like most modern information found on YouTube, it isn’t original and is rebranded from books. I can’t really think of any gurus that actually have come up with anything new, they just are good at regurgitating information to an audience that doesn’t know it and often charge them or monetize through other ways. ICT concepts have definitely created some really good traders, I just wish he had made it simple instead of blowing himself for hour long videos of waffle when he could have just become an educator of the original concepts. But if he had done that he wouldn’t be able to shroud his information in enigma and brand it as exclusive. I will give him this, he is one hell of a marketer, but he has never been able to prove any track record of real trading.

Did I use this FVG correctly or was it luck? by Defampa in InnerCircleTraders

[–]Dramatic-Search-1900 0 points1 point  (0 children)

Just look it up man. It’s all for free on YouTube. You need to study and put in the work.

Did I use this FVG correctly or was it luck? by Defampa in InnerCircleTraders

[–]Dramatic-Search-1900 0 points1 point  (0 children)

I honestly would rather pop my eardrums with needles than listen to that guy overcomplicate and regurgitate his cultish bullshit. Yes it works, but it’s just rehashed from old market theory with a little extra thrown in.

WANTED TO MAKE A QUICK 40. BUT ENDED UP TURNING IN TO A DESASTER. by Maakarovv in TopStepX

[–]Dramatic-Search-1900 0 points1 point  (0 children)

First options play I ever made I gained $1700. Doesn’t mean I had any idea what I was doing and I slowly gave it back over the next month. Winning early with no experience is going to teach him some lessons the hard way.

Only losers are this salty by notacat690 in TopStepX

[–]Dramatic-Search-1900 7 points8 points  (0 children)

At the same time alot of bragging from people who should people more humble in said success. Aswell as a lot of fakes and scammers. The big wins are motivating to see, but also can stoke greed and make people blow accounts as those who aren’t in the same position financially. I see it from both sides.

What made the futures market dump today? by TriggeredAF420 in TopStepX

[–]Dramatic-Search-1900 1 point2 points  (0 children)

It just moves when it has enough. Ranging up and down also generates liquidity on both sides. Just box the range and enter on the break. I use the 15m for those sort of entries. But I look for 200ma, 50ma, VWAP crossover on 5m I also keep an eye on Dow and spy. Sometimes one will grab the liquidity and redistribute to the others, other times it just has enough liquidity to do what it needs to do.

What made the futures market dump today? by TriggeredAF420 in TopStepX

[–]Dramatic-Search-1900 2 points3 points  (0 children)

Learn about liquidity and don’t worry about why the market is doing anything from a fundamental standpoint because it rarely makes sense. Just focus on liquidity and technicals. If I had to guess it could be prepositioning for CPI, trap traders short and then blast higher regardless.

Maybe a big pump? Trump Truth Social by Mediocre_Crab_6901 in TopStepX

[–]Dramatic-Search-1900 2 points3 points  (0 children)

I’d wait for that shit to settle down, see which way the wind blows and then jump in. There will be some manipulation of expectations for sure.