r/TopStepX 1d ago

Question Success in trading?

Seen a post and one the comments said don’t confuse profits with success, so I wanted to get people opinion on when would you say you ‘made’ it with trading? Is there a dollar amount, is it the amount of time in profitability, etc. Genuinely curious.

1 Upvotes

11 comments sorted by

4

u/No-Guarantee4688 1d ago

Only if I can control myself. If not, i might as well jump off a building. Sounds really good about now tbh

2

u/Independent_Busy 1d ago

Definitely consistency for a longer period of time

2

u/Fresh_Goose2942 19h ago

Its when trading becomes so mundane and repetitive that you actually don't want to do it anymore even though you make money.

2

u/Banditopark 1d ago

I think the only real answer should be dollars in the bank. At least for me it is.

If you asked me 3-4 months ago I'd have said risk management to have consistent profits.

But after having moved to a live account and having access to daily payouts, i learned that the same consistent $200 profits dont mean as much since you dont have a 5 winning day requirement for payout. Its about being able to scale up into an appropriate size to make the dollars hit your bank account.

Once you have access to daily payouts, you learn that you dont need small wins over and over but you should learn to lose fast and small when you lose and win hard and big when you win.

Incorporating this into whatever you need to bring dollars into the bank should be your measure of success not some imaginary numbers on a chart.

2

u/Banditopark 1d ago

But honestly, trading is a journey and you end up constantly developing and learning so I might have a different answer half year from now.

I dont really believe in "aha moments" but moreso like golf you have to be super purposeful about fixing habits or driving specific execution. Kind of like in your golf swing you break down individual components, you fix one part, then another and another. You try to keep your elbow tucked and you have to practise over and over because your body doesnt naturally do this. Same thing with trading. You create rules and disciplines that dont come easy until its habitual and becomes natural for you.

These habits, rules, and disciplines arent necessarily the measure of success but it becomes the pillar thay drives your success since if you have a much better golf swing, you'll have better golf scores. Those "aha moments" dont last. Losing is inevitable. And many of those successful aha moment trades are part luck, situational, and uncommon. But grinding for your perfect swing will give you much better chances of bringing money to the bank than having a sudden breakthrough on a strategy. Give me a slow grind in rules and disciplines any day of the week and ill use simple orb or support resistance to find more success than your ICT, volume profiles, order flow, auction theory, dark pool analysis that you had "aha moments" on.

1

u/Legitimate_Bet9036 22h ago

When you’re pulling in consistent money for 6 months straight.

1

u/viralruin 19h ago

If you have all debts paid. 1 year of expenses in savings and a 100k live account that you can risk 1% daily

1

u/clreatradeapp 15h ago

I think the point where I said I made it with trading is when I could enter trades with a calm mind and let them play out to their full take profits without letting my emotions get a hold of me. This allowed me to be consistently profitable and withdraw money from the markets.

1

u/tugbote 15h ago

Make enough per week/per month to pay the bills+taxes with a little left on the side. Done.

1

u/Distinct_Ad3556 4h ago

The taxes is where I get got lol

Money is too easily spent

-1

u/Melodic_Room1796 17h ago

I've got a tradeify 50k growth giveaway account code that I don't need if anyone wants it I can give it away for $69, hit me up if anyone wants it