A new month, you know what that means.
Giving away three 50k account size @breakoutprop evaluations.
To be entered, like, share, and leave a comment. Winner's picked on the 13th.
You can use the code HORSE to get a discount and then keep the change. 😎
Have a feeling a new "favorite" futures firm will start adding restrictions and retroactively changing rules in the next 6-8 weeks.
Seen this playbook before. A big competitor makes a change, and all the toxic flow finds a new house to play in.
Meanwhile the new firm thinks they are geniuses, however they are simply OVEREXPOSED and don't know it yet. TICK TOCK.
This is what you’re watching as a CEO? lol
Sounds like @Topstep is out here fishing for people to fail.
Guarantee they are modifying their software to increase this scenario happening to people across the board
Their copy trader, which has historically been decent is going to start having more of these issues where one account doesn’t get filled, which then will violate all of your accounts and you lose them all.
Nice job @MichaelPatak - you’re running a master class on how to get your customer base to turn against you and drive your business into the ground
There are signals that just "makes sense", and when you find them, you need to do almost no kind of backtesting and fitting.
This is one such example. Once you understand this signal, you will go, "That totally makes sense, why didn't I think of that?!"
Most people don't understand what it means to be "creative". Every signal must be momentum or mean reversion or *shudders* pairs trading. I hope to share with everyone that good signals can be found by thinking deeply about behavioral effects and existing algorithmic signals.
Random comments and retweets will get this article for free.