Patak Trading

Discussion in 'Prop Firms' started by Dobbes, Mar 18, 2010.

  1. So can you please break this down for me, what contracts do you end up trading? I saw some 50k volume rule, so you end up trading ES and NQ? What other contracts would fit the bill?
     
    #181     Aug 17, 2012
  2. Maverick74

    Maverick74

    No volume rule. You can trade ES, NQ, YM, CL, NG, HG, GC, SI, ZC, ZW, ZS, CJ, YO, RB, HO, 6E, 6B, 6C, 6J, 6S, 6A, GF, HE, LE, GE, ZT, ZF, ZN, ZB.
     
    #182     Aug 17, 2012
  3. I could be wrong, but I thought you had to be registered with the NFA to mark up commission.
     
    #183     Aug 17, 2012
  4. Mavrick: you either work for TST or you are a trader for them. Or you are an awkward guy randomly promoting something with endless posts. Whatever, I don't think it's a great operation given the despot price for what they give you.

    Since my previous post was so fucking amazing, and you couldn't come up with any response other than just pretend I'm not a trader -I'll repost it below. mike












    I'm a multimillionaire hanging out on elitetrader while eating junk food. If you wonder why I came here to ask about exchange seats, it's because I'm fucking rich. (sorry couldn't resist saying fucking) You are here selling TopStepTrader. Who knows maybe you are patak (I read in another thread you lost your girlfriend? Was it because of the picture of you on the top step website?)

    Anyways....I'm just posting my opinion. I dont recommend a shop that charges hundreds for sim and review. Unfortunately for customers, there are lots of desperate suckers out there.

    ps you could be profitable and rich too, but most likely you are a loser trader or a junior trader. Nothing wrong with being that, but naming me a newbe is funny and a dumb response. Quoting yourself is also dumb. You should go back to ripping off newbes for the rest of your days.
     
    #184     Aug 17, 2012
  5. Maverick74

    Maverick74


    I already told you who which firm I'm with. Do a search and it will be obvious. I have no relationship with TST.

    And Mike, a word of advice from a wise Mark Twain, "“It is better to be thought a fool, than to open your mouth and remove all doubt.”

    You sir, have removed all reasonable doubt.
     
    #185     Aug 17, 2012
  6. Maverick74

    Maverick74

    The equity backer is registered. TST is not the firm backing the trader.
     
    #186     Aug 17, 2012
  7. Thanks maverick,

    I think I'll give it a go. I like to trade cl es eurusd and audusd so I guess 6e and 6a can substitute although I need to figure out what the value of the underlying is to transition from cash to futures. The $500 stop loss will be tough though, especially if I trade cl. I would want to trade two contracts so I can have two targets. That's one .25 stop. So I guess I would get one trade a day. But I can't trade after hours anyway so not too bad (or can i?) It is what it is. If I pass the combine it'll be a funded account that I can trade, I see no harm there...

    Steps
     
    #187     Aug 17, 2012
  8. Maverick74

    Maverick74

    You can have 3k stops on the 150k combine.

    6E is 12.50 a tick

    6A is $10 a tick.
     
    #188     Aug 17, 2012
  9. I like the 100k combine. 2k loss limit. Position size 10 (I would never do that, maybe 4 contracts on es, 2 on cl). 10k profit target very doable IMO. In fact Ive simulated that in a week w/ two contracts cl. Of course I've also lost that much...

    Is there any after-hours change in parameters? Will trying to fund a bigger account make it harder?
     
    #189     Aug 17, 2012
  10. Maverick74

    Maverick74

    The parameters are the same regardless of when you trade. Some people actually exclusively trade the overnight sessions.

    One account is not easier or harder but make sure you look at the math. The different account sizes have different percent return objectives. I believe the 10 day require a much higher return vs the 20 day.
     
    #190     Aug 18, 2012