Patak Trading

Upon further research in Bing, Michael Patak was commonly referred to as mav by other floor traders

 

Hi,

Would you know if this shop allows for options on futures trading same symbols.. CL NG or GC and all the rest...

thnx

 

Why would you want to daytrade commodity options?

You do know you get risk based span margin on those products right?

 

swing trade..... for most part


just curious..... i know margins yes

 

TST is intra-day trading only.

Span margin allows one more then enough leverage in a retail account.

 

Hi Maverick,

Thanks for your posts, which sound reasonable to me.

I agree, that it sound's like a good deal for new traders who are confident in their trading abilities and want to supplement their own trading or do not have yet enough capital, and who for whatever reason are not in the position to get a job at the big prop firms.

The requirements are tough, but that makes sense as they do fund some unknown traders over the internet. But they are achievable IMO.

I might try it out in the next weeks.

Regards,
k

PS: Do you know of other firms offering similar opportunities for remote futures traders.

 

Sure. Here is a similar firm.

http://indexelite.com/

We discussed them briefly on another thread.

I have no affiliation with this one either.

 

Thanks a lot! Well appreciated!

 

A warning K, TST has no employment information. They also charge a chunk of money-$350 for their largest sim account. Do not break the rules or they might not refund it.

Indexelite is new to me but looking much better.

 

Hi Colonial,

What do you mean by "no employment information"?

I will definitely look into Indexelite as well. Just went through their website. They are more expensive and there is not much info about their requirements. But there is the possibility to ask questions in a chat. Will do that when I have more time.

Regards,
k