July 2016 Trading Combine®| Summary Part 2
Lesson 8 Chapter 2
Final Summary Part 2 of 4 – Successful Combines
Ok, so you have read part 1 of the July 5th combine summary where I shared with you how I didn’t pass the combine. I shared with you the reasons why that occurred and that despite the fact that I am still net positive in the month of July (as of the time of this writing), I will not be able to salvage that trading combine.
Previous Successful Trading Combines
As I have shared with you in Chapter 1 of this lesson, I have passed several other trading combines I do these TopstepTrader combines in the trade room periodically so that we can show how our methodology and tools can be used to receive a funded trading account. Are we going to successfully achieve the objective in EVERY SINGLE combine, the short answer is “no” and we will explore that in part 4. If you have not already done so, I would encourage you to refer back to Chapter 1 of this section and review those previous Trading Combines®
The Oil Trading Group. (“OTG”) does not hold itself out as a Commodity Trading Advisor (“CTA”). Given this representation, all information and material provided by OTG is for educational purposes only and should not be considered specific investment advice.
Trading performance displayed herein is hypothetical. Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance trading results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones' financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not indicative of future results.