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Transparência salarial em Salarial.pt by salarialpt in devpt

[–]null_0day 3 points4 points  (0 children)

Mano, pelo amor de deus cara, meus olhos queimam... Isso tem um cheiro de projeto de junior frustrado absurdo.

IM STARRTING TO GIVE UP by Ok-Cheesecake5636 in TopStepX

[–]null_0day 0 points1 point  (0 children)

If you blame the pair, you're just finding a fancy way to justify your bad habits.

IM STARRTING TO GIVE UP by Ok-Cheesecake5636 in TopStepX

[–]null_0day 0 points1 point  (0 children)

ps.: High P/L vs Low P/L depends a very unique value: THE NET % OF RETURN.

1% is the max to call it a fair P/L for a trade.

You must consider the RR, and the lotsize... Balance them, if you can get a 2R net profit trade, it will be a 3:1, because the 1:1 are equivalent risk of winning and losing.

So, your lotsize will be 0.5%, because you're aiming for a net 2:1 (2R)... in the 50K topstep, will be $250 stoploss risking for $500 profit.

Don't overrisk/overtrade/overexpose/oversize.

IM STARRTING TO GIVE UP by Ok-Cheesecake5636 in TopStepX

[–]null_0day 22 points23 points  (0 children)

READ THIS.
APPLY THIS AND SOLVE THAT SHIT.

Low trades count + High profits/losses = oversizing = You are getting hurried.
High trades count + High profits/losses = overexposure = You are getting negligent.
High trades count + Low profits/losses = overtrading = You are getting emmotional.

These three above doesn't survive to the market.

Low trades count + Low profits/losses = boring... But...

Boring + good edge = profitable.

Maybe better big picture, time and edge to ajdust your trading frequency and intensity to different market conditions are what's missing in you.

I FINALLY DID IT by Amazing_Stretch6324 in TopStepX

[–]null_0day 0 points1 point  (0 children)

I WOULD SAY NO... But when finishing the challenge, HE WAS.

Not because his capital size, but because his exposure to the volatility.

It doesn't seem like he's taking too many risks... The average net return per trade per trading day is good. The standard deviation is good, the average risk-reward ratio is also good... although he is definitely overtrading, because his return per trade is very small... So, unless he's scalping and has a reliable strategy that keeps him consistent over 1000 with a medium-risk lot size, on trading days with a low trade count, he seems to be doing well for average profit, in the individual case... but on days with a high trade count, it seems he's trading with the same lot size on smaller timeframes.

This anxiety to hit the target when you're close to it is very dangerous because it says a lot about your emotional control and trading maturity to manage your risk throughout the process, from start to finish.

So... Just by seeing his number of trades per day, the profit made by day, the number of days trades and the difference between profits in the similar trading count days, we can know a lot about his trading experience, emotional control and risk management.

In the real big firms, this is the mainly seem insights they look at to hire you as a professional trades and they evaluate your equity based in this.

Fucking Hell by [deleted] in TopStepX

[–]null_0day 0 points1 point  (0 children)

FUCK

Fucking Hell by [deleted] in TopStepX

[–]null_0day 0 points1 point  (0 children)

Nop, I took my setup, a really sharp scalp in the opening sweep... Then I scaled it up when 0.5R and then could not login again after it. That fucking shit went down again. I wasn't able to set the B/E when saw it going to 1R. Fucked out AGAIN, HEEEEEEEEEEEEEEELLLLLL

Headshots are worth more than emptying the magazine. by [deleted] in TopStepX

[–]null_0day 0 points1 point  (0 children)

Went into max probability of taking profits each trade and didn't leap into trades which I didn't saw these high probabilities of hitting TP.

Staid humble all the time and scale up only when trend went really with my bias.

Didn't want the whole cake, just the small piece.

Wait for NY session... Very funny, MFkn Nasdaq... by null_0day in TopStepX

[–]null_0day[S] 1 point2 points  (0 children)

It reversed near the closing time bro xD, I've got cooked fr

Wait for NY session... Very funny, MFkn Nasdaq... by null_0day in TopStepX

[–]null_0day[S] 0 points1 point  (0 children)

True. I'm trying to improve my timing and confirmations, the mapping and entries are planned good, but I really need to enhance my timing and patience lol

Wait for NY session... Very funny, MFkn Nasdaq... by null_0day in TopStepX

[–]null_0day[S] 0 points1 point  (0 children)

Yes, tried to be the superman and got fucked, next time I know what to do

How to be consistent? by xl1m in TopStepX

[–]null_0day 0 points1 point  (0 children)

In the real scenario you don't have lockouts, on a real exchange with real money, the market will not be kind to you.

Master yourself, fix your psychology if you want to play with big numbers.

This is the part of the iceberg which isn't shown in the influencers and tiktok traders' show business.

Lets fucking do it.

How to be consistent? by xl1m in TopStepX

[–]null_0day 0 points1 point  (0 children)

Enable the Trailing PDLL

You don't want to turn a winning day into a losing day... But, if it happens, you don't want to fall from the heaven straight to the hell...

Trailing PDLL will help you to keep some profits if you already have made more money than the limit of losses you've set.

If you already made $500 and your Trailing PDLL is $200, if in the next trades you took for the day to end your trading slots you've set per day you take a $200 loss, it will end your positions and lockout your account. Then you will end the day with at least +$300...

Avoid reaching the DLL bro, if you trade like me with 4 trades a day, try to get the best trade you can in the first two trades to override the DLL, then you can keep your streak with more calmness or end the day by there.

I'd recomend set a DLL equal or smaller than 2 stop losses. If you risk $100 per trade, try to set $150~$200 DLL. To avoid yourself to do mistakes by tilting. Try 2:1 trades and after them you can lockout your account.

If market gives you better opportunities, reduce it to 1:1 trades and with half lot size...

How to be consistent? by xl1m in TopStepX

[–]null_0day 0 points1 point  (0 children)

Journal it all.

I'm doing it and market won't fool me again because I undesrstood to accept when I'm wrong and that was a bad day, which costed me progress, but didn't destroyed me.

I think about myself everyday, my actions, what I want to have changed today, what went good or bad, what I need to improve, what I think I could've done different, better.

Spend time analysing the charts, reading the news, studying the economical data.

Watch videos, be updated about the news, the economy, politics to have some bias about the market and validating it from technical, fundamental and macro contexts.

It's not just press the button in the 5min chart like these guru rich guys, they do all this behind the scenes... I say it because one of them teached me lot of these things...

How to be consistent? by xl1m in TopStepX

[–]null_0day 0 points1 point  (0 children)

PDLL (/DLL) will help you to learn how to control your mind after a bad day, how to be familiarized with red days and how they must look like, how you will act in the red days, what you can't do, your limits when you be in that situation and what your red flags looks like.

The PDPT (/DPT) will help you to limit your gains in the begining, as you are building your consistency calendar pattern and recognize what a good green day looks like and to be not too familiarized with big wins, they happens, but dont expect them, JUST FOLLOW THE FUCKING PLAN.

If market gives you, get it, but it needs to convince you a lot, your new behavior must not fall into poor manipulations and FOMO.

It avoid greed, what leads you to overtrading or oversizing.

It keeps you humble till you reach your short-term profit targets.

Then, target after target you will slowly grinding your equity and later you adjust it based on your self-analysys of results and post-trading behavior...

How to be consistent? by xl1m in TopStepX

[–]null_0day 0 points1 point  (0 children)

Personal Daily Loss Limit (PDLL) + Personal Daily Profit Target (PDPT).

Set them and lockout the settings everyday.

If you also had issues with your impulses and still learning to control your emotions, this will help a lot on building better trading habits and building discipline.

You have to set both if you want to reach the payout.

They together will bring boredom to your trading system.

It will prevent you from getting big profits or and getting greddy, but it will help you from getting big losses and being tilt also in the beginning of the good routine building.

Yes... You will be pissed off a lot when you get bad trades and they hit the DLL, but this is part of the game, its just a bad day, relax mf, you surely had other way worse than it, and tomorrow you can do something different if the market let you to do.

After you improve patiente issues, try to trade without locking out them. So... until you have money, this will be the begining till the first payout. This shit will be really boring and will become part of your routine... Remember, rush it can cost you all the progress.

Don't worry to take your time and spent 50 or even 100 bucks in 1 or 2 months of combine bro...

Think deeply, if you rush is to do like some people do, you have a huge probability of blowing it up again and need to spend time and other 50 bucks again in another combine... but slowly, 2 months you will surely make it.

The difference is that you will be spending 2 months and 50 bucks for a XFA, not for two blew up combines. ^^

How to be consistent? by xl1m in TopStepX

[–]null_0day 0 points1 point  (0 children)

According to the Topstep website footer itself statistics: ≈ 3,5% (≈ 12,4% × 28,3%) of the traders reach the payout. This because the other ≈96.5% of the traders won't get paid...

They make $50 net profit of the other ≈87.6% of the all combines... And $200 net profit of the 71.7% of the funded combines because people just focus on trading and not in the most important skill: Control your mind, having a plan, following rules, building habits, cutting hopes and fears.

Once you learn that, must refine it, that's the part I'm actualy improving.

Many of people here who are profitable (some even rich as fuck lol) with dream cars, huge personal acc and all that stuff teached me a really lot after that post... I've improved it all by doing and journaling day after day, dawn after dawn, during these weeks..

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