TopstepTrader and Patak Trading Partners- Easy to read QUESTIONS and ANSWERS

Discussion in 'Prop Firms' started by MichaelPatak, Sep 6, 2012.

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  1. volente_00

    volente_00


    You paid $40 a trade at bright ?
     
    #201     Jan 15, 2013
  2. Maverick74

    Maverick74

    I paid a 100% markup compared to another firm that made me an offer.
     
    #202     Jan 15, 2013
  3. I rely primarily on TA. Unfortunately, it doesn't look good regarding the target or qualifying for a refund/redo, as I had a few rough days after a solid start and took several draws. I still have a few more days, so I will post a follow up once it's over.
     
    #203     Jan 15, 2013
  4. It's better for TopStep to have a bias towards funding traders instead of erecting additional barriers to obtaining funding. :cool:
     
    #204     Jan 16, 2013
  5. Pekelo

    Pekelo

    I have a hard time finding it, but if I search Advanced google on TST it comes up under profiles:

    http://www.google.ca/search?as_q=po...44,d.dmQ&fp=c4563eced8826a38&biw=1020&bih=431

    "Additionally, it is recommended by the scout team that recruits do not hold a position into a major economic release (we suggest being flat on economic numbers releases indicated "

    I guess, it is just a recommendation, not a strict rule...
     
    #205     Jan 16, 2013
  6. Maverick74

    Maverick74

    Key word is "suggest".
     
    #206     Jan 16, 2013
  7. Lucrum

    Lucrum

    Exactly
     
    #207     Jan 16, 2013
  8. Lucrum

    Lucrum

    Not so much silly, as ignorant and uninformed. The simulated fills seemed to me to be very realistic.
     
    #208     Jan 16, 2013
  9. r-in

    r-in

    As one who has been in this field for a fair amount of time I offer that simulated fills are as phony as it gets. A firm who is looking to recruit traders could provide a real time feed and fills. It is a pretty simple matter of programming, but I get that is not the popular opinion. it is a matter of ending an order live or at a price point with simple parameters.
    If they were really interested in finding the next money manager they could program it quickly and easily. If they are looking to make money off the masses then maybe they could find any number of reasons to claim, explain the story, and then find tools who go along with the story.
    I also believe that making money is not illegal, but selling the crap is a problem. Buyer beware, and some of the people on ET who have proclaimed how good and honest they are, have been exposed.
    My opinion, and I am willing to hear(read) otherwise.
     
    #209     Jan 16, 2013
  10. r-in

    r-in

    Might I add, some of these tools have been ones I though had valid opinions, but as time goes on, and I learned about the industry, I get this is another forum where people get to pretend they know what they are talking about, or simply don't care care who they harm.
     
    #210     Jan 16, 2013
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