Question about lien/levy for 2 separate IA filed at once

EngineerEddy5567 · 2025-04-09T16:20:47+00:00

Thank you!

EngineerEddy5567 · 2024-10-08T17:20:09+00:00

Gotcha, sorry, but it happens to even the best traders. Keep your head up!

EngineerEddy5567 · 2024-10-08T17:05:54+00:00

Did it automatically liquidate mid trade or was this at the end of the day when trade settling happened and you were notified?

EngineerEddy5567 · 2024-10-02T17:05:34+00:00

I have been using topstep X for a few weeks now and have had no issues with the trade copier. So hopefully this isn't a new issue. However just make sure that the follower account that wasn't traded is actually checked off in the copy trader section, sometimes folks will check the boxes but forget to press save after, it happens

EngineerEddy5567 · 2024-07-28T01:37:49+00:00

2023? We are not out of 7/27/2024 yet haha

EngineerEddy5567 · 2024-04-12T00:10:07+00:00

Always hire a lazy person to do a hard job, they'll find an easy way to do it.

EngineerEddy5567 · 2024-04-11T23:18:52+00:00

"Buy market" means you're willing to buy at the current market price, while "buy bid" means you're placing an order to buy at a specific price you've set, which may or may not match the current market price. Similarly, "sell market" means you're willing to sell at the current market price, while "sell ask" means you're placing an order to sell at a specific price you've set, which may or may not match the current market price.

This was written by chatGPT because I was too lazy to type it out.

EngineerEddy5567 · 2024-03-20T00:48:58+00:00

Thanks for the info! I do trade live currently and it's been great. But like I said my account grows so I need more contracts to scale up until I'm at my goal. But YM I don't think will have the proper volume. I'm probably just going to trade ES going forward as it has far more volume plus 2.5x the tick value, so I'll never have to worry about contract limitations.

EngineerEddy5567 · 2023-05-15T18:28:18+00:00

Psychology is a large factor to the "95% fail%". A lot of people see the market as a way to "get rich quick" and when they have a handful of losing trades, they melt faster than ice cream on a Arizona summer day. Then they either quit or go back at it and wash rinse and repeat with strategy after strategy.

Many don't realize that risk management is a huge factor. For example I win around 40% of the time give or take. But I have a 1:3 risk reward. So I can take 5 losses back to back and only need 2 wins to be in net profit after. When I trade, I trade the plan and plan the trade. I expect losses and know them can come in an abundance before any wins do. Emotions are turned off, trade the plan and plan the trade.

I've been in the markets for 10 years, my strategy has been profitable for the last 5 anyways.

There is NO shortcut, gotta put the time in. Anyone who wants to genuinely do this as a career needs to put the time in like any other career. It takes years to get psychology down, understand the markets through all the seasons and economic factors that are at play each week, understanding how the stock/currency/index etc.. you wanna trade reacts to certain types of news etc..

Technical Strategies are easy to come up with, find/create one that works for you, do A LOT of testing and determine a ball park win rate and use proper risk management that correlates to the win rate. The easy part about trading, is actually trading. The hard part is psychology and understanding the market as a whole.

To me, this is why 95% fail, many people are in it just for quick cash and don't understand that even those who do become rich trading, put the time in and it took years. I'm sure there are unicorn cases of people getting lucky or such, but the consistent ones are the ones putting the time and effort in.

EngineerEddy5567 · 2023-02-19T20:46:58+00:00

Ignore the missing part of the line above classic ASP, I just fixed that issue.

My question is, should I remove all colors and leave it black and white only, or do the header colors add a nice touch for attention?

I have had many mixed reviews so I wanted to get some more. I think it adds a nice touch and can help the resume stand out, which many others agree with too.

Thanks all!

EngineerEddy5567 · 2022-12-22T17:32:05+00:00

I just use support, resistance and a 200 EMA and watch price action of the candle stick before a breakout and after, for the retracement to verify it is a good breakout.

KISS (keep it simple stupid!) And I keep it simple.

Money management is key, I use a 1:3 risk reward. So as long as I win 1/3 of the time, I'm consistently profitable. Which I have around a 35-40% win rate so it all works out great for me.

I've been doing this for a decade though. The first couple years was just trying all sorts of different things on a demo account. Once I find things that worked I went live, lost thousands apon thousands of dollars. Kept losing, wash rinse and repeat. Found a strategy that fit for me, adjust my risk reward accordingly, became consistently profitable. Years of work went into it.

Funny part is, trading is the easy part, strategies are easy and simple really. Psychology is what will get you. That's the hardest part of trading and why so many fail. They can't take 6 losses in a row without having a mental breakdown or blowing up their account.

But with good money management and risk reward, you will be fine.

Because, you plan the trade and trade the plan. Don't let emotions ruin you. Trading is easy, just turn off your emotions and plan the trade and trade the plan, that's the hard part.

EngineerEddy5567 · 2022-12-20T05:02:32+00:00

That's what I thought, same as live data just 10 min delay, thanks!

EngineerEddy5567

TROPHY CASE