DT3, the only one here that is being rude is you. I'm rude sometimes too, but please keep the thread respectful. GMST -wharton grad, real trader, rich guy -like me. I'm assuming you're a rich guy too, so save your attacks for the idiot want to be traders (there are plenty on elite trader). by the way, GMST has valid points. I don't know why a few (you, Mavrick) get very upset over one firm.
Cooltraderdude- I will be more then happy to do this. Many in our program have blogs that document their experience and they post their trade reports. This allows them to be true to themselves and others around them on their ability creating a humble accountable trader. I am open to offering a critical member of ET a free 10 day Combine where we evaluate them on a $50,000 account, with a 5 lot maximum position, and a $1,000 daily loss limit. To receive funding they must profit $3,500 and adhere to the scouting criteria: http://www.topsteptrader.com/scoutingcriteria If at the end of the Combine the critical ET member has an ending balance greater than or equal to $3,500 and has adhered to the scouting criteria (found on the link I shared above), I will extend an offer to trade the same account with the same risk parameters LIVE as detailed here: http://www.topsteptrader.com/fundedtrader (max drawdown for the LIVE account is twice your daily loss limit or $2,000) Whoever we select in this will have their trade report posted on Elite Trader each day that they trade. We will also have their trade report profile found at this location viewable to the Elite Trader community and the public: http://www.topsteptrader.com/Profiles Everything mentioned above BESIDE MAKING THE TRADE REPORTS PUBLIC, is our standard Combine format. Let me know if this is something that interest anyone here. Once we have someone interested and ready to start we will start a new thread and we can all together go through their Combine experience. mp ps. we encourage the candidate selected to use all the tools in our program to maximize their performance... trade reports, daily hour long classes, trade journal, TST squawk radio broadcast LIVE outside the S&P pit, with real-time breaking news feed, interactive chat room, Bi-montlhy group Trading Psychology session with Dr. Andrew Menaker, and great camaraderie with other like-minded traders. Lastly- I would like to invite anyone to check out our program (which includes all the tools listed above along with Trading and Charting platform with real-time data feed) for 2-weeks completely FREE. Register for the trial here: http://www.topsteptrader.com/membership
Cooltraderdude has begun a 10-Day Combine (http://www.topsteptrader.com/Combine). The account parameters are $50K / 5 lot buying power / $1K daily loss limit. Cooltraderdude has 30 calendar days to complete the 10-Day Combine. Cooltraderdude's Combine objective is to profit $3,500 and follow the Scouting Criteria: http://www.topsteptrader.com/scoutingcriteria. If at the end of Combine he has met the Combine objective, he will be provided with a fully-funded trading account (no capital contribution required) http://www.topsteptrader.com/fundedtrader. On this thread http://www.elitetrader.com/vb/showthread.php?threadid=249489, we will be posting his trade reports (this is normally private for all TopstepTrader recruits, but cooltrader has agreed to let us post his reports), cooltrader will also be keeping a journal of his Combine experience on this thread.
I am definitely going to give it a go. Can't hurt to throw in 300$, and if good enough get a 300,000$ account. Much better than going to the bank and asking a loan to add to a trading account. BTW , the bank actually refused my request. One broker actually offers top up loans( up to 200% capital), but they are located in ... very hard to get the money back country. so This topsteptrader looks like a good option to add capital.
I would like to invite everyone to attend a webinar presented by James Dalton (author of Mind Over Markets) right now on our Squawk Radio http://www.topsteptrader.com/TradingFloor. After Jim's presentation we will be hosting our Funded Trader Draft Day segment. We are announcing TWO new funded traders. One of the funded traders we are announcing is EliteTrader member crispy http://ow.ly/iA9N9 After Draft Day, I will be on Squawk for "In the Know", at this time, you can ask any questions you have about TopstepTrader or becoming a funded trader with us. mp