You can't blame us, as some firm DID make it clear that they will repliate trader's trades. So the strategy for a trader was to see what could be learned at this firm, to make one day of extraordinary superbe trading, next a crappy day, and then leave the firm or stop trading for whatever reason. . The owner seems to not understand why promising traders seemed to take a lot, and not stick around. Now if TST is into piggbacking, I'd say this would be their worst move. Should they be able to provide million+ trading combine accounts ( even at 1000+ fee), they'd make more money safely. It would not be astonished me if more than a 1000 people would just queue up to have a go at a 7 figures trading account. With a 95percent failure rate, that's basically upper 6 figures profits guarranteed.
I'm sorry, I don't speak gibberish. WHICH firm "stated" that they will replicate trades their own traders are making? Do you have any idea how stupid this is? For one, if they are "backing" the trader, all they have to do is give the trader more capital to trade. If they get 100% of their revenues from commissions as in, they are an IB, they CANNOT have proprietary accounts. So please tell me you are not just making shit up. Let's hear who this firm is.
Not making shit up. I myself did use this firm, was surprised about that and that the firm owner was fine about piggbacking. Aas others, I also learned as much as could - the good tips, the mistakes , etc... took as much as I could, prove myself in both ways , and stopped trading there. Now, I would need to ask authorisation to the firm's owner about putting the name of the firm here. The owner had its reasons for piggbacking.
Perhaps you should keep better company. Is bob only doing directional swing trades in Es these days? I personally know 5 traders in Texas alone who day trade eminis profitable. The shortest one has 2 years of profitability and longest is 9 years. I only know 4 other profitable intraday traders outside of them. Only one of the others is in Chicago. So you are finally admitting the combine is a pipe dream and the real profits come subscriptions and not profitable traders?
No dude, you ARE making shit up. Either put up or shut up. This is why Baron needs to burn this place down. This site has lost whatever little credibility it ever had. Feed it to the trolls Baron.
Baron is providing a GREAT service to traders : a public place where all the nasty shit can be put out there, for instance. THANK YOU Baron. And again, YES this type of firm exist. They have their reasons for piggbacking. And traders do well to take as much as they can, prove themselves both ways, and stop trading there.
Anyway, if someone can get to Patak the message that $300K, $500K and 1Million$ combine might be something to look into, this would get his firm's name in every traders's mind.
Bob Bright holds fucking trades in his face for 6 months on end. Are you REALLY going to cite him as your example for a intra-day futures trader? Good Lord. Dude, listen to me for a second. I have debated TST for God knows how long on this board. I have articulated my arguments both for and against in exact detail. I defended the charges against them that they were a fraud. NEVER did I EVER believe the pikers on this board were going to get funded through their own profitable trading. I stated that for the record GOD knows how many times. In fact, I took that a step further and laid out the argument that the combine was THE best thing for the avg ET piker. Because for $150 bucks, they could see how TOUGH this business was and why they would better off taking that 9-5 marketing job vs blowing 50k in savings like I saw many guys do at my firm just to give it the old "college try" and see what happens. TST is a godsend for most people here. Because it reveals the "truth" about your place in this business. I NEVER made the argument that guys were going to be profitable traders from this site. I said that over and over and over again. Instead, I defended the veracity of the company. Their model is legit. Their model serves a purpose. I also went on to specifically lay out an ideal goal for most guys who are doing the combine. And that is to trade the combine as many times as it takes to qualify and once they do qualify, to defer the acceptance of capital and open up your own account and trade your own money. The TST combine will force discipline, discipline that 99.9% of the guys on this site DO NOT HAVE as has been evidenced by ALL the combines you have seen here. It makes no sense for guys to fund 10k, 25k or 50k account at Advantage Futures to work on their discipline losing 100% of their stake. Instead, focus on improving your discipline in the combine and then trade on your own. THAT is what most these guys should do. Of course the irony of this all, is that the discipline is so bad here, that even the bad trader who can't fucking pass a combine, they don't even have the discipline to stop trying. They are like the 5 year old child picking up the hot pan on the stove over and over and over again burning their hands thinking next time the handle won't be hot. That is what we are dealing with here. Even Austin, a guy who has at least attempted to trade the last 10 to 15 years cannot even demonstrate discipline. It's a joke. But that has nothing to do with TST. Just as all the guys who blow out their IB accounts can't blame IB for their failures. Or all these losers trading FX that blame Oanda for gunning for their stops. Obviously it's NEVER their fault they lost money, it's always the broker. It's always the Fed. It's always the HFT guys. It's NEVER them. They will NEVER take personal responsibility for their actions EVER! That is the hallmark of a loser. That guy/gal has ZERO chance of ever seeing profitability. Hopefully I made this a little more clear for you. I tried to explain it like I was talking to a 5 year old because I might just very well be.