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Posted by TopstepTrader on August 07, 2017

Compound Winners: New Funded Trader, Yvonne (Fort Lee, NJ)

Trading Lessons from Yvonne's Success:

  • Have your own daily loss limit: Yvonne held her daily losses to less than $600 - when she could have lost 5x that amount under our trading rules. Keeping...
Posted by Peter Davies on August 07, 2017

S&P Daily Pre-Market Prep 8/7/17

We are still happily trading the range- I have the range at 61-79.50 but it's more art than science - so around those areas.Settlement on Friday was 1 whole tick away from Thursday settlement. So...

Posted by TopstepTrader on August 04, 2017

Keeping Risk & Reward in Check: New Funded Trader, Walter (Riegel, Germany)

Trading Lessons from Walter’s Success:

  • Manage your risk / reward ratio: On his 30-year Bonds trades, Walter had a 4:1 realized risk / reward ratio. What made this even better was that nearly 82% of...
Posted by Peter Davies on August 04, 2017

S&P Daily Pre-Market Prep 8/4/17

Market still in the same range, it'll break at some point of course but until it does - same rules apply!

Posted by Peter Davies on August 03, 2017

S&P Daily Pre-Market Prep 8/3/17

Still in the narrow rangeand still rotating around it.

Posted by Peter Davies on August 02, 2017

S&P Daily Pre-Market Prep 8/2/17

Volume is still reasonable for the time of year but we are stuck in thisrangeatall time highs.  Presuming the range holds for now.

Posted by Peter Davies on July 28, 2017

S&P Daily Pre-Market Prep 7/28/17

A push down yesterday, so we broke the 2 day rangebut we are now back and testing the 7 day low, which is minor support (2461.50). Volume was decent which means there's people still around, even if...

Posted by Peter Davies on July 26, 2017

S&P Daily Pre-Market Prep 7/26/17

Low volume still, we did push up through the top of this little rangewe've been in the last 5 days. This is a very tight range but then we are heading into August. It's not very clear and the danger...

Posted by Peter Davies on July 24, 2017

S&P Daily Pre-Market Prep 7/25/17

Not much happened yesterday, no new prices discovered.... so for todays prep - we could read yesterdays...

Quoting 
We have a minor potential support level at 2461.75 - so eyes on that over...
Posted by Peter Davies on July 24, 2017

S&P Daily Pre-Market Prep 7/24/17

We have a minor potential support level at 2461.75 - so eyes on that over the next few hours. If it holds, then I think we should see some decent upside participation (for the time of year). If not -...

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