MrTopStep

39-year trading vet / MrTopStep
Partner @pitbulltraders
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[MrTopStep @MrTopStep]

@Jigsaw_Trading Good job I’m over 4X

[MrTopStep @MrTopStep]

Ken Griffin on AI, Midterm Elections and Fiscal Policy

https://t.co/YlMxHIP43U

[pointsnfigures1 @pointsnfigures1]

One time I was long 500 eurodollars....was out 10 points on them ($125k). Number was coming out at 9am. It was 8:57....I could either chuck em, or hold em. I held them. Number comes out. Market rallies 10 pts. Another local bids my number for 500 and I yell SOLD. Scratched. Market fell apart. That wasn't skill....that was luck.

[MrTopStep @MrTopStep]

@PureFlyShot What do you have to wager… I’ll be you 50k

[MrTopStep @MrTopStep]

$ES $SPY $SPX $QQQ $NQLT

As the 4th oder hits the ESU is falling, Im up $80k, $90k, $110k and by the time the last $600 Tudor order is fill Im up $150k but Im not done. I walk over to WIN and tell him to bid 827.50 on 100, its trading 827.70 at 80 and I tell him to offer 500 at 80 'hard, show the hold number and would a 827.40 bid on 75 lots.

WIN offers 500 at 80 a few times amd ot goes 700 offered, I yell at him 'go down to 70, offer the 500 hard, its goes 60 offer and I tell him to go down to 60 and offer the 500 hard. WIN turns to me and say your filled I bould 100 at 827.50, its sell 50 bid. I look at him andf said offer 500 at 60, the SPU goes offered and I say, sell 500 at 50 and he offers and turns to me and says your filled I paid 827.50 on 75, I say cancel the 500 lot offer. Guess who sold them to WIN? Im up $180k in 15 mins

[MrTopStep @MrTopStep]

@PureFlyShot Ask him you have no clue about what I did or didn’t … offer or sell that’s what I did

[MrTopStep @MrTopStep]

$MAGS

$AAPL $MSFT $NVDA $AMZN $GOOGL $META $TSLA

[MrTopStep @MrTopStep]

@pointsnfigures1 thanks but you know it doesnt always end up that way : )

[MrTopStep @MrTopStep]

$ES $SPY $SPX $QQQ $NQLT

Who sold them to me? Louis Borsellino LBJ and when I pull the offer the ESU went straight up and a few minutes later he came flying out of the pit, and came up to me saying screaming in my face saying "I know what you did, threaned me a few time and said"The next time to do that Im going to buy that 500"

I smiled at him when back to my desk, the PitBull wanted to talk to me : )

The End

[MrTopStep @MrTopStep]

https://t.co/MK4TYiwQsj

[PolarisTradingGroup @PolarisTrading]

Cycle Day 1 — Snappy, Trappy & the Negative Gamma Trap

https://t.co/3bI7ifbEch

[MrTopStep @MrTopStep]

MOC out to $6 bil to buy

[MrTopStep @MrTopStep]

MOC BUY $4.5 billion

[MrTopStep @MrTopStep]

I was really down $165k

[MrTopStep @MrTopStep]

$ES $SPY $SPX $QQQ $NQ

One day on the floor when the SPU was $500 per point I came in half cocked. It was a jobs Friday and I ened uo short 175 bigs SPUs , thats $87,500 per point. I dont talk about this much because it was foolish and I was down $135,000.

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[MrTopStep @MrTopStep]

$ES $SPY $SPX $QQQ $NQ

The locals in the pit knew the Tudor rotation and they start selling because they know another 600 SPU is about to get sold so when the 2nd oder hits the pit they offering infront of the order and at the end of that ofered Im down $50k. See WIN is the red jacket?

He knew my position and called me over and says when the next Tudor order hits let me offer 200 for you, Ill help scare the locs that I have a big order. I know that sould crazy but at this point... its going my way and I say... go ahead. By the time the 3rd order is filled Im up $35k

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[MrTopStep @MrTopStep]

$ES $SPY $SPX $QQQ $NQ

And then I look over at the Tudor desk and I see the clerk walk into the pit (Paul Jones) did not want his orders flashed into the pit and I knew that when he places one oder into his desk 2nd order went to another desk and the 3rd oder went to another desk and the 4th order went to another.

What I didnt know was it a buy order or a sell order and a few seconds later the clerks in the pit were yelling out 'Tudor just sold 600 SPU' and now I was down $95k

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[MrTopStep @MrTopStep]

$ES $SPY $SPX $QQQ $NQ

I knew that size kills, over trading, trading to trade never makes money, I knew that because I knew locals and desk accounts would blow up all the time.

I literally felt like I could throw up. All I could think is why did I put myself in this spot and I kept telling myself 'you know better'

And then I pick up the PitBull and as always he asked me what I think... I couldnt talk and told him I was short and would call him back and he hung up the phone on me.

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[MrTopStep @MrTopStep]

$ES $SPY $SPX $QQQ $NQ

See the guy in the black jacket? The is Mark Erwin (WIN) He was fillion my oders but i was not hand signaling the orders in, I wrote them on a trading card because i didnt want 20 clerls yelling out "DBOYs short 200"

I want back to my desk and acted like nothing was going on and took a few desl orders as the SPU continied going bid.

Continued

[MrTopStep @MrTopStep]

$ES $SPY $SPX $QQQ $NQ

A few clearks at my desk knew and one clerk in the pit was watching me the whole time, he saw I was sweating and saw the desk guys looking at me. They knew I was in trouble.

I had $500k in an account with the firm but this was the last thing I wanted to have happen. I was trying to figre out where I would have to stop myself out.

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