Vicious
34.7K posts

Vicious
@ViciousTrading
Momentum Trader - Futures Funded - #Bitcoin Maxi
Katılım Ağustos 2017
1.9K Takip Edilen10.6K Takipçiler
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Vicious retweetledi

I think the next $BTC monthly blue diamond takes it to $200K...
Just like how the previous one took it from around $23K to $125K.
Trying to time the generational entry with our Startup.io indicator suite.

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AMIT KUKREJA: "THE TIME TO BUY YOUR BEST NAMES IS WHEN THEY'RE HATED THE MOST"
He says the market is split into a side of greed and a side of fear, and the Buffett move is to buy the fear.
The example he keeps coming back to:
He bought Rocket Lab $RKLB in the March dip around $65-67 while everyone was chasing the rally. It has since pushed above $100 and jumped on earnings.
"If you sold it to chase something, you missed out. Now you have to pay capital gains tax on that versus just letting it ride and helping out the portfolio."
The names he thinks are hated the most right now: Microsoft $MSFT and Meta $META.
The catch: you have to be OK with the fact that they might not catch a bid in the short term.
@amitisinvesting
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Vicious retweetledi

Eevls P&L @TradingLucid
no over trade
No over risk
just Trade only on setup
I know it takes me 3 weeks to pass account.
Some people pass in 2 days but everyone have different story. I don't have backup to trade high risk.

SAURABH TRADES@saurabhhfx
Last 70$ account passed let's see i reache to the payout or not 🙌
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Vicious retweetledi

EVERYONE should have a DLL. Sometimes it’s just not your day. A DLL is your best friend in the trading world. And if you don’t want to use one that’s fine it’s just pretty likely that you’ll blow your account all in one day. I’m a big fan of DLL. Live to trade another day
EventHorizon@EventHorizonTOP
@FX51R4J @Topstep @MichaelPatak Be thankful you had a DLL. Sometimes, it just isn't your day. And the DLL also protects against blowing your account due to spikes in price (thank you X tweets...) And the next day, you can start again.
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@Empiretrader82 @paul_k_0907 Yeah exactly, it’s very much so they can try and argue whatever they want, so I try to avoid unnecessary stuff and just let my TFSA compound long term in shares and ETF’s
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@ViciousTrading @paul_k_0907 Yeah might be, especially if it’s a 7 figure account. I kind of hate how the rules are such a gray area with a tfsa, like put out specifics of what’s allowed and not allowed
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All the Canadians are familiar with a TFSA..
You can put a certain amount in every year ($7K this year) and everything in the account grows tax free.
TFSA + Compounding over time is an incredible combination 💰
$5K to $1M : 8 Years 9 Months
$1M to $2M : 8 months
$2M to $3M : 32 days

PK@paul_k_0907
8 months after crossing a TFSA milestone of $1M.. I’ve now crossed $2M This probably puts me in the top 200 of all TFSA account holders in Canada
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Vicious retweetledi

@Empiretrader82 @paul_k_0907 Sure you can but it will be looked at with more scrutiny than someone with just shares
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@ViciousTrading @paul_k_0907 I can buy calls and puts and sell covered calls in my TFSA, only thing I can’t do is sell puts
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@BlitzAres @AskTopstep But is 10k the live balance or XFA balance coz if XFA balance then it means the live account will be 20% so 2k drawdown?
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@ViciousTrading @AskTopstep Its kinda both. They dont move people live without 10k and its also the max they send live with 50Ks
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Your Live Funded Account starting balance is based on 20% of your combined eligible Express Funded Account balances, with a $10K minimum. 💰📊
Your account tier (50K / 100K / 150K) is determined by the average of your eligible Express Funded Accounts, rounded up to the next tier. Here's the breakdown: 👇
🟢 $50K tier — max starting balance of $10K
🟡 $100K tier — max starting balance of $20K
🔵 $150K tier — max starting balance of $30K
Only Express Funded Accounts with at least one payout count toward the calculation. ✅
📖🔗Read more about Live Funded Account starting balances here: #h_2ce063c339" target="_blank" rel="nofollow noopener">help.topstep.com/en/articles/10…
who@SohTradez
@MichaelPatak So the amount you would be able to move to a live account is 30k? Not 150k anymore?
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#EXCLUSIVE: Whistleblowers say organized crime has infiltrated Canada’s largest airport
cp24.com/news/canada/20…
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Lots of firms starting their live real money traders w/ $0 starting balance.
When called up to Live at Topstep we start all our Live w between $10,000 to $30,000 real money prop account - Not $0.
We used to start from $0 over 10 years ago. Psychologically it’s much harder on the live traders mindset as your first day if you’re negative you’re already in the hole below $0 looking at a negative balance. (Yes you can have negative balances)
As we better understand what you all want help me out here w some feedback bc we can set you up however when called live:
Would you rather start with $0 balance
Or
Start with $10,000 up to $30,000 live balance
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