Ahh ok, so you're a baller that chooses not to meet PDT. Yeah, Bro I'd love to visit you in your Canary Wharf penthouse. I dont have the $25000 to cover PDT rules otherwise I would just open an interactive brokers account. Bye.
cut the crap, is not an interview in the sense you allude to. it is an interview/examination of skills that upon approval will lead to become funded by the company. the company is not a charitable entity, so they charge an examination fee to filter out the wannabe and offset the costs of their IT.
Brass makes a subtler point here. Take the rules of the combine yourself. Open a sim account elsewhere(or with TST to get the metrics tracked for free and the coaching if you care), they are all over the place free or really cheap. If you can "pass" your own combine week over week for a few months throw 10k into a futures account and "go live, fully funded". If you manage to lose 2k, go put yourself back into the "combine"....rinse and repeat If you stuck to the same exact risk parameters that they let you run with the live 50k you would do just fine with 10k. These guys wont let you lose more than your cushion which is 5k on a 50k account. Right? Now I am not knocking, just offering up my .01. And a viable alternative. My buddy "Scotty" is live with them. But he was trading his own before for years and simply was looking for more capital to trade and this seemed like low barrier and rather devoid of the typical OPM hassle so he ran with it. He has nothing but good things to say FYI.
remember the angrier you get the more it will eat you up and the more the market will take from you. whatever helps you through your issues dude, if it makes you feel good to know I (an anonymous person on the internet) wanted to open a US account with <$25000 that's fine with me. If I told you I am homeless out on the street and that makes your day then have blast on that. knock yourself out. it really is all good.
atticus the first part of the quote above is probably how I would have responded. Also look at if as if YOU were backing them. You want that trader to show how they can trade each day they choose to trade. This allows you the best opportunity to evaluate them the most accurately to ensure that individual is someone who will stay funded and producing on an account, not that he had a lucky day in one of his 10 days and WON his way in only to go back to the Combine his first week LIVE. mp
I don't dispute any of that. My point is simply that it's a convenient excuse if you're simply running a site to earn the cash from running sim accounts. Pay $190 to pass a combine which only gets you an interview? I really would like to avoid cluttering this thread. I've posted (and you've ignored) my questions on the Q&A thread, but thanks anyway.
Right, I don't want the smart money to get my tilt monies. You know, the guys trading 16 years and still under PDT. I didn't force you to state that you couldn't meet PDT. I can't tell you how much money I've made in the markets while tilting. If that's dumb money then f*cking A!
atticus nails it yet again. Hoag, what happened to your son at Morgan Stanley in 2009? It is bizarre how this forum has more trolls than I've seen before (entertaining I suppose), but also attracts second rate traders. I guess I'm no better for being a jerk though. I don't think Zuckerberg or Falcone were hanging out here for decades. But then what does that make me.........:eek: I'll shutup now and keep the thread clean too. Best of luck to "Mav" and "surf". Mike
Mav/Surf - This is your journal and in 2 days we are at 35 pages. May I suggest you have a separate discussion thread set up where we can have the back and forth, and keep this free of clutter?