It definitely matters...Mav claims he has no relationship to Patak but somehow he has links to pages that are not on their website. Just seems a little strange if that is the case.
It will be good if Mike Patak is going to respond on this thread. He should clarify the discrepancy between PDF last line and above line. Do you have link for this? Because I remember reading on their website yesterday that you will need to make the money back after you come to live, in case you had lost money in your first live attempt. I tried searching for the link, but can't find it today. Thanks LF.
Wide Tailz, I don't need any help from any prop firm. Not sure why you think I need any help from any prop firm!?!? Based on my attitude, please feel free to trash my personality and elevate Mavericks and others personality. I don't really care However, if you can punch holes in my logic and in my numbers, I will care. Common man, you can do better. Prove me wrong on my numbers and logic.
Well, Good luck then. Seriously, Good luck! I just want every potential recruit at Patak to know how hard the challenge is really! After knowing the challenge well, a potential trader can make a rationale judgement about their chance of success.
I see there are lots of questions pertaining to TopstepTrader and Patak Trading Partners. I am CEO and the Director of Scouting for these firms and am here to answer any questions or clarify anything you are unsure about. I do not consistently check forum post but I will answer any of your questions when I do. Michael TopstepTrader chat name "Nebraska"
Commissions do matter, but why should Patak pass the savings along to you? It costs money to run a business, and there is nothing wrong with having multiple revenue streams. They have negotiated their deal, provide volume to get it, manage risk, etc. If you are good enough, you can negotiate lower or leave to go elsewhere. But where u gonna go? Chances are you don't have enough to trade yourself which is why you are in the program to begin with. Why do hedge funds charge management fees in addition to performance fees? Costs, plain and simple. Why does Walmart charge more for cheap Chinese crap? Its called capitalism, and you pay for access. As a ghetto trader, you don't have access. Get it? As far as my program goes, it is a sideshow to my CTA where I am looking for complimentary traders to my stuff so that I can raise more capital and smooth out returns. I am not a vendor, and you won't ever see me advertise, especially here. So don't PM me later apologizing for acting like a dbag and looking for more info.
Some folks are unable to apologize even when they are clearly wrong. Seems he is prepared to let his original accusation stand. Its all about upbringing.
Unfortunately, you are not prepared to counter me on facts, numbers and logic!!! LOL I am not going to apologize just because most people on ET feel that I should apologize. I will apologize if someone can show me where I have erred in my logic and numbers.
It seems highly suspect that Mav is going to such great lengths to defend this TST program. I mean aren't you supposed to be working Also, he has an intricate knowledge of TST's procedures and policies that is unmatched...hhhhmmmmm?