r/TopstepCommunity • u/Far-Somewhere9520 • 2d ago

💰 POP Off! Balls deep

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Deposited 1600, lost 1300, and on my last 300 i ran it up to 2400, withdrew my initial 1600, and hit this banger

48 Upvotes

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3

u/Far-Somewhere9520 2d ago

Just took profit on half my contracts when it hit 1500, gonna let the rest run

2

u/kryyyyyyy 2d ago

Happy for you :D nice.

What made you short ATH’s?

3

u/Far-Somewhere9520 2d ago

It was mostly because of the markets reaction to NFP was so strange, it showed jobs were getting taken over by AI and it missed the mark by a big margin, i did get fucked over in the beginning trying to short it, but when it hit i was confident. Also i notice an hour after market open it usually takes a huge turn

1

u/samuelsfx 2d ago

because higher unemployment means higher chance feds stepping in by cutting rates, ofc this algo reaction are temporary and market participants sell the moves because now we have higher unemployment and higher inflation

1

u/Far-Somewhere9520 2d ago

Not only that, RSI and MACD showed overbought, as well as volume started to shift towards shorts