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Patience Doesn't Always Pay Off: Performance Coaches' Trading Combine

Posted by TopstepTrader on November 02, 2017

The Performance Coaches were patient today, staying away from trading in the morning when the market was wandering listlessly. As Crude Oil ($CLZ7) moved towards its floor close, it started to look like it might rally. The price broke back above $54.50, causing the Coaches to buy at $54.55. They were looking for a continuation, so had a close, 10-cent stop. Ultimately, that stop was hit, and the Coaches lost $103.68 on the trade.  

That brings the Coaches balance to $50,649.49. They're trailing max drawdown is at $48,889, while their profit target is still at $53,000 - or $2,350.51 away. 


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If you want to follow the Coaches' trades on Twitter (@topsteptrader), you can use #CoachesCombine. Here's how we reported them today. 

As a reminder, trades are not recommendations and we do delay the Twitter feed by 15 minutes.

Total performance for the day, including fees and commissions: -$103.68Balance is $50,649.49. For more, check out their Trading Combine dashboard below.

Trading Combine Day 43.jpg

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Topics: Performance Coaching, Trading Combine, Trading Basics