asap- Correct. We provide a hell of a lot when you are on the inside (Membership or Combine). We take pride in the fact we don't charge thousands. (generally speaking) By all means go pay thousands sometimes 10's of thousand for that quote unquote "Harvard of trading education." We don't want traders or prospects doing that. You learn by repetition, being in the market, and being around a solid support group with feedback (think sports with coaches, working with others in practice and reviewing film and getting feedback). We want to keep it as fair as possible and give as many people an opportunity to get educated, develop and funded. But they must take it serious to get anywhere. (Oh and to have a little fun with the point on the Harvard of trading education... lets all remember you have to pay an application fee just to see if you will be accepted to get into college..) mp
I can't imagine CME commentary being of much value. Are you going to trade what you hear or what you see? Same for the squawk box. NT provides free real-time unfiltered data and charts with no time limit, sim or live.
atticus- You are not ONLY getting an interview. You are in a program that educates and develops traders. Below is what you have access to. Use it ALL or use none of it, this is your choice during your interview. I can assure you if you use some or most of these your aptitude for trading will increase as we see this with those we bring up to a funded account weekly: Here's what you get: Real-time Trading Simulator Trade Reports Trading Coaches Trade Journal Interactive trader chat room Access to professional trading platform Pre-market morning reports Levels and Value Areas provided hourly Charting software Live chat support Chat Room Trading Badge ACCESS TO LIVE SQUAWK RADIO: (which includes) CBOT pit activity Breaking News (typically around $200 on average when companring to other breaking news services) Daily trading classes (hour long class a day, each day is a bit different and you can ask question to the teacher.) Market updates Live market commentary News affecting the markets Real-time economic releases Live Floor trader interviews throughout the day bi- Weekly sessions with professional trading psychologist, Dr. Andrew Menaker mp
We have funded many recruits that we had an approved NO profit target evaluation (these were notable recruits in the program though). We asked that they just not exceed certain criteria on their downside. Many traders don't watch their downside which we feel is the absolute most important. We are scouts looking for traders, period. If our evaluation criteria is not a fit, don't knock the program. Send us a proposal on how you would like to be evaluated and if approved we will ask you to trade as advertised. (http://www.topsteptrader.com/customevaluation) mp
It's very important to keep in mind that this process has nothing to do with individual trader's competition or comparison. The whole focus is on each person meeting the combine goals and nothing else. I do understand it's status quo for men to want some type of comparison whether it's tossing marbles or catching flies or snapping beer caps for distance. But none of that has anything to do with this individual process for each
Wow, I guess I can cancel my Bloomberg subscription. The CBOT pit activity will be highly relevant to my ES and 6E trading. Oh f*ck me I apologize for bothering with this thread. Thanks for the info. whoosh.