Know your RTH and settlement times for relevant exchanges! The amount of people I see entering CL after 1:30pm EST is epic. You end up in a muppet trade watching paint dry, wondering what happened.
Grab a FREE Download of RTH & settlement times:
Small steps lead to big things.
Most ppl come into the
#daytrading
game expecting to get rich overnight 💵
But like any other performance-based skill, day trading consistently is a matter of small steps and deliberate, organised habits. Day in day out
⛔️Less haste, more speed:
@BGatesIsaPyscho
@jemmaforte
Last time I checked UK GDP - 0.6%, massively below 1% of EU. UK inflation 8% (down from 11% 😬) vs EU 6%.
Cost of living has shot up 80%.
But what do I know, I've only been in banking for 15 years.
London session on
@Topstep
TV starts on Tuesday 9:30am London / 3:30am CT
The stream will be 90 mins into the London session because I don't trade the open. In fact most of my London trades are from 10am.
Trading with higher RR means lower accuracy in favour of less trades and more ticks.
Trading is not about mindlessly clicking buttons do-or-die.
If you take current
#1
topstep guy Rafa, he has around 35-40% accuracy.
How would that look like televised?
/n1
Note to self: don't trade for 12 hours on 3 hours sleep.
-$680 in my live flipping to a nonsense short in CL after a perfectly valid long I had earlier. Got smoked into Nymex close. I'm off to bed 😴
Before any trader can reach consistency, there will be a period of agitation & stress while the 🧠 learns to hone in on the level of focus needed for optimal performance.
Those who are stubborn enough to stick through this initial stage are the ones who make it.
#ES
#NQ
Thank you to everyone who tuned in for the 1st ever London session on TopstepTV! You guys rock 🙏
Also big thanks to Gabe and Danielle for staying up for me.
======
We now have a developing GC Auction Fade short from 2448 area I talked about 👀
Missed out on Labor Day deals?
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80% off 1st month, then 50% recurring
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🦎Full disclaimer🦎
I look nothing like this right now 🤣
But it's nice to remember the times when I had abs
Being a consistently profitable trader means you must become an extraordinary loser.
Controlled losses are key.
Training yourself to not be bothered by a loss means you're not allowing your emotions to get the better of you.
This week, give yourself a task:
.....
Now that I'm about 70% better from my vax injury 2.5 years ago, I've been itching to dye my hair back to a crazy colour. The former rock chick wants ooooooout. Should I do it?
If you lose a funded account, remember next time you're NOT starting from scratch. You're starting from experience 🖖
"Experience" is just a fancy word for "lessons learned from muppet moments" 👨💻
#silverlining
#NQ
#ES
#CL_F
#GLD
#topstep
@NikiRust
Unless you're expecting a total post apocalyptic kind of situation where we fight with machetes in leather pauldrons, I'd keep paying into my pension. From a Gen X-er.
@jason_isaia
@IsabelRamirezRD
@remissionbiome
@tessfalor
I stumbled across remission biome after I experienced a brief remission on day 3 on antibiotics. I've been sick for 3 years with the last 12 months pretty bad. Had a pesky chest infection from a cold in January that lingered for 2 months. Went on amoxicillin. On day 3 I sprung
Stats for January for my XFA Topstep account.
My Live was moved to TopstepX (at my request!), so the dashboard isn't tracking it accurately yet. I'm the first Live TopstepX account🎉Super excited! 🤓
Still learning the new platform. We encountered a few bugs to squash 🪲 and I
I've hit 14k subs on YouTube. How'd that happen? 😆
In all seriousness, I've been trying to decide if I should continue with long form videos that are just not being recommended by YT or try focusing on shorts. I did a poll a while ago and the consensus was 93% for long form.
It's Friday. Don't fuck it up
📈If you're up on the week, just lock it up and walk away.
TopstepX has a lockup feature - use it!
📉Alternatively if you're on NT8 there's a great plugin called Guardian Angel Trader (GAT) that does the same and a lot more.
Difficult week health wise, finished my day early and off to bed. Haven't slept properly in 4 days. Thought I'll be ok on crispy beef last week but I had a massive reaction to it again 🫠
#mecfs
#longcovid
Was talking to a trader friend and told him I've been trading Gasoline futures alongside my usual Crude oil, Dax and Gold.
He nicknamed me Petrol Pixie 😆
@chydorina
I think this is why serrapeptase had such an impact on my POTS. I took natto-serra 2x pills p/d for a month. Day 5 I got some kind of tremor-like event that lasted 2 hours. After that my heart rate issues disappeared and baseline further improved.
I still get mini crashes if I
Happy New Year everyone! 🥂🎊
May your 2024 trades be strategic, your grasshopper tendencies be non-existent 🦗🙅♀️, and your gains be as consistent as Taylor Swift's chart-topping hits 😃
#TradingGoals
#topstep
#NQ
#ES
#CL_F
No trades on Copper today, it's a quiet day ahead of FOMC rate decision much later today.
Sitting on the sidelines is also a position.
I made a journal entry on some price action behaviours and conditions I observed. Catch you for Fast Markets later on
@Topstep
What a kick-off for the London Session this week!
Once again thank you to everyone who tuned in, I appreciate you.
The next London Session on
@Topstep
is coming on Monday 22nd July.
Until then, have a lovely weekend.
And remember: it's Friday, DFIU!!! 🫡
Micro crude, Micro Gold and Platinum have landed into TopstepX this morning
See you all for the Fast Markets in 3 hours on
@Topstep
TV
#topstep
#topstepx
🦎Single prints/wicks at session range edges: EXCESS 🧳
🦎Single prints in the middle of range: Fast directional areas that can be used for pullbacks: NOT EXCESS 🚀
🦎Lack of single prints at edges of the session: POOR LOW/HIGH 💩
Best used the NEXT day for a scalp through 🪓
Knowledge is power but only when applied correctly.
@GetEdgeful
metrics for initial balance (IB) breakout on FDAX state almost 70% of days have a single-sided break.
If you're running a reversal trade through IB, consider taking profits inside IB and even starting a new trade.
We'll need to start a Nasdaq Anonymous support group soon.
I ask: Why NQ?
"Because it moves"
-Are you profitable in NQ?
"Sometimes" 🫠
NQ is only suitable for a small # of experienced traders who are scalpers by nature with ironclad self discipline & risk management. /n1
@StockCuppa
@PropJournalist
@thefundedtrader
The issue was intentionally messing with the price data feed to reduce and even eliminate profitability. There's a document circling about the internal company emails where he says "slip them to hell".
Catching a 200 tick reversal on a zombie rally day using
@getedgeful
this week on $NQ:
Max consecutive daily bars was saying 12.
Time of day was also a component.
I waited for the 13th 30min bar to start, then looked for shorts.
Result 👇🔥
What an awesome takeover 🙌
@SellingRips
did so well hosting
#TopstepTV
today while the
@topstep
team are having a well deserved time off.
Dakota was super insightful and dead-pan as ever 😂
Make sure to tune in tomorrow & Friday 📺
Thanks for having me, I had a lot of fun.
@PutrinoLab
I wholeheartedly support the sentiment. I was completely gaslighted and abandoned to the point that none of my phone consults with 3 doctors during lockdowns didn't even make it into my file. I was shocked. At the time I could barely get out of bed. Clearly the words: "my legs
One FAQ I get: when is a good time to enter a $CL position?
If we look at stats from
@GetEdgeful
10am EST tends to put in a high of the day over the last 2 years. This matches my experience of looking for Failed Auctions around this time.
Copper to the rescue! I battled a range-bound GC earlier but then re-assessed and went back to copper. A short WIIB (weakness inside IB) turned up and brought a bit of movement to the downside, bringing my day back up to positive. Power of higher RR
Headsup: Monday London session on
@Topstep
will still be happening despite the UK Bank Holiday. But I'm gonna turn the attention to questions and turn it into a coaching class. So bring your questions peeps! 📝
Some troll saying I should cut down on smoke and booze because my voice sounds shit. I have a neurological condition called laryngeal dystonia. I don't smoke and I have one drink a month. Or less. So fuck you.
I applaud Rafa for choosing to stay out of the limelight because he won't be subjected to a barage of trolls who just want to see ppl click buttons whenever live. But this sort of trading style is selective and boring yet incredibly rewarding. Not for everyone though
/end
I've been getting so many messages and emails with ppl worried about me/my family. While I appreciate the sentiment I should put the record straight: I am Serbian. Serbia is considered a broader central Europe.
Ukraine is far away: over 1,000 miles and 3 countries distance.
If you do a couple of trades in opposite directions and you feel that both have gone against you, consider that it might be a range-bound day 📊
Then find the extremes of the current session range and use those as trade locations for reversals/mean reversion setups.
#daytrading
Left to right: Seven Jeri, Manny, Bernard.
Apart from stark difference in size, they are carbon copies of each other. Manny is basically half the size of Bernard 😂
Happy Labor Day to my USA traders 🇺🇲
Gorgeous sunny day in London so me and Manny are making the most of it after a non-summer in UK ☀️
I don't think I've ever been more pale in my life 😂
PRACTICAL GUIDE to dragging yourself out of a drawdown in the funded account:
1. Divide the remaining drawdown by 10
2. This becomes your new risk per trade (not forever, just for now)
3. Take any 0.5R and 1R profit that the market offers up to you quickly
1/n
Slight change in schedule for me on
@Topstep
this week.
🗓*No Dee for today* legendary David Green will be on Fast Markets
🗓Tuesday - Market Stalking at 1pm CST
🗓Wednesday & Thursday - Fast Markets
Thursday is gonna be amazing, I'm on with Anne-Marie 🎉 Women traders FTW