The bitter truth about Patak Trading

Discussion in 'Prop Firms' started by gmst, Aug 29, 2012.

  1. Most do trade crude oil with the ES being 2nd imo and then currencies and metals come next with very very few trading bonds. I know this by going into the chat room and seeing which rooms are heavily populated.
     
    #221     Sep 1, 2012
  2. Maverick74

    Maverick74

    Because they send out all the combine results for all the guys that get funded showing what they traded and how they traded. For just the combine guys its listed on their profiles.
     
    #222     Sep 1, 2012
  3. Maverick74

    Maverick74

    #223     Sep 1, 2012
  4. hitnrun

    hitnrun

    Why would a trader want to sign a 1 year agreement ?

    if someone is making money newbie or pro in there first few months
    most people would just go open a retail account , a no brainer

    there is no need to accept funding with trading futures , if you have a clue

    you trade , you make money & split profits, they complicate everything with all there crazy rules they have
     
    #224     Sep 1, 2012
  5. volente_00

    volente_00



    So you can trade any contract on the live account or are there more special rules ?


    15 gold x 2300 and 15 crude x 1400 is still not a 150k account
     
    #225     Sep 1, 2012
  6. Maverick74

    Maverick74

    You can trade any contract on the live account that you traded on the combine. For example, if all you traded was the ES on the combine, then you can't suddenly try your hand at Silver on a live account.

    http://www.topsteptrader.com/PermissibleProducts

    These are the contracts you can trade. Basically every listed CME product.
     
    #226     Sep 2, 2012
  7. Well, ES is the 2nd most popular contract at TST, so I`ll have to arrest you on that one.

    http://www.topsteptrader.com/PermissibleProducts
     
    #227     Sep 2, 2012
  8. Maverick74

    Maverick74

    Alright LF, you are making the old Maver go the extra step here.

    Yes, many people in the combine mistakenly trade the ES and most of those guys don't get funded precisely because the ES is very hard to trade and certainly with the bar set as high as it is, even harder.

    Most of the guys who I have actually seen get "funded" trade crude. I would say 80%. With some FX guys who I suspect are guys trading overnight or overseas.

    A word of advice for anyone that "might" take a stab at this, don't trade ES!!!!! These numbers are much more doable when you actually trade something that MOVES! :)

    This leads me to another point. One of the things I think this combine is good for is allowing someone to try their hand at a new product they haven't traded before who perhaps might not want to put real money behind. For example, products like Crude and Gold are very very volatile. Why not pay the $150 or whatever and learn to trade these monsters without risking actual money? Anyway, just an idea.

    Thanks LF. And good luck on your combine!
     
    #228     Sep 2, 2012
  9. volente_00

    volente_00


    Because you can set up a free sim account and do the same exact thing and save $150 a month towards opening a real account



    :)
     
    #229     Sep 2, 2012

  10. :D :D :D
     
    #230     Sep 2, 2012