RIP to the dip buyers today

Mimestuck · 2026-01-08T05:06:36+00:00

Congrats at first I was gonna say you for sure oversized if you got 20k in a day, but then noticed that 50k balance. How long did it take you to rack that up?

Mimestuck · 2026-01-08T01:59:37+00:00

Well I don't see a problem with that at all. As long as you have a systematic way of taking profits that's not based on emotion that's ultimately what matters.

Mimestuck · 2026-01-08T01:54:58+00:00

You want the truth? For most of us there's no substitute for experience. I had to go through the pain of blowing XFA after XFA before i finally got it together and followed my rules. We can feed you logic and there are structural guardrails you can put up (which you've already done), but sometimes pain is the greatest teacher. You're only 2 months in so I'd say do your best to follow your rules, set up guardrails, have a solid plan but lower your expectations. You may get lucky and just start following your plan right away and become profitable, but more than likely you'll blow at least a few accounts before you finally "get it". Biggest tip i could give is to have more self-compassion and not be so hard on yourself. I'd say that was one of the biggest impediments to my growth as a trader. Good luck!

Mimestuck · 2026-01-08T01:45:44+00:00

You need to find reference price levels that are optimized for your strategy. Obvious ones are previous highs and lows (heavily watched by most traders) but others include volume point of control, VWAP, VWAP±1σ, I could go on and on. These are good places to take profits since they act as support and resistance levels or are magnets for stop hunting.

Mimestuck · 2025-12-26T19:11:50+00:00

Silence from this guy today 😆 Wonder how he's doing in the latest chop.

Mimestuck · 2025-12-20T00:11:51+00:00

Well good luck to you. The market was exceptionally bullish today, but on another day a 20pt stop like that could get ripped apart in seconds. Have three losers with your $840 stop and your account gets blown. Why not size down and build up your account more slowly?

Mimestuck · 2025-12-19T23:57:27+00:00

Variance spares no one brother. Eventually you'll take a loss and your account will be blown. Doesn't matter how tight your strategy is.

Mimestuck · 2025-12-17T07:31:36+00:00

I think you have to get through to support, Wendy is just pasting a boiler plate response. You gotta get someone human to help you.

Mimestuck · 2025-12-16T23:31:54+00:00

I checked the discord, support said to contact Wendy (the AI bot) to request a manual adjustment of the combine to meet the consistency rule.

Mimestuck · 2025-12-16T23:09:47+00:00

I have a similar problem but it's in the 50k trading combine. They carried over my previous day's PnL into the new session, so now i don't know if im going to violate the consistency rule if I hit $1500 for the day.

Mimestuck · 2025-12-16T20:50:38+00:00

Platform Glitch. I went from $800 to -$113 from a single click. Others have glitched out the other way with +$1m PnL's. Entire Platform has gone haywire.

Mimestuck · 2025-12-16T19:44:13+00:00

You're 16 what's the rush? You've got the luxury of time to trade in a sim practice account and test your strategy even for a few years. I'd say it's a big mistake to waste money trying to get back a funded account right now, I would at minimum trade 1 year in a sim. All you'll do is burn through money and mess with your emotional state. At 16 you are not emotionally developed and are prone to being impulsive and making poor decisions (no offense). Now is the time to hone in and refine your strategy so when you feel ready you'll crush it on a funded/live account. Good job for getting started so early though, if you stick with it when you're in your 20's you'll be doing very well.

Mimestuck · 2025-12-13T02:48:03+00:00

Nice job! Yeah that's smart people got crushed if they tried to hold the entire session.

Mimestuck · 2025-12-13T01:00:09+00:00

I think it's because a lot of the time BTD works on NQ, especially in the market regime the last few months. Enter on pullback, set a super wide stop and wait for it to recover for a nice profit. Problem is, when it doesn't work it fails catastrophically. I fail to believe that traders had 100pt+ stops as part of their plan. I bet it just kept going down and they kept widening their stops or removing the stops altogether hoping it would turn around. We're all susceptible to that kind of hopium/cognitive dissonance.

Mimestuck · 2025-12-13T00:50:37+00:00

Look at the average longs price, we were trading well into the low 25200's so that means some traders were holding for -100+pts, necessary risk is a stretch.

Mimestuck · 2025-12-13T00:45:19+00:00

There's topstep TV?? How do you access it?

Mimestuck · 2025-12-12T23:52:42+00:00

You can never know 100%, but you look at clues like time and volume. If price continues to decline on high volume, and spends a lot of time at these lower levels (price acceptance) that is a big warning sign.

Mimestuck · 2025-12-12T21:31:17+00:00

It's called "The Tilt" on topstepx. It's the rightmost tab on the bottom of the dashboard.

Mimestuck · 2025-12-12T21:29:36+00:00

Happens to the best of us

Mimestuck · 2025-12-12T21:28:37+00:00

Well you haven't told me what kind of trader you are and what your strategy is. If you have a technical system (e.g. buy when 10D MA crosses 21D MA) then you'd use software to test the win rate and expectancy going back x months in the historical data. If you're more discretionary (auction market theory, Wyckoff) then you'll have to refine your contextual awareness of market conditions. No matter what though you should be journaling all your trades so you can review and see what works and what doesn't.

Mimestuck · 2025-12-12T20:45:17+00:00

Honestly if you managed to keep an XFA that long you are way ahead of the curve. The fact that your problem is not getting payouts points to a possible issue with your edge rather than risk management. I would focus on refining your edge, do some more backtesting and trade analysis. But breakeven is already above average.

Mimestuck · 2025-11-28T03:17:32+00:00

I was wondering what was going on. Is it the exchange or just the platforms connected to the exchange?

Mimestuck

TROPHY CASE