Listen about your challenge about Propex That was one of the 2 props where I did the initial test, NO cost! and that is the main point true talent hunting firms dont charge, do you see them charging and other similar firms, you harp on about "nobody put gun to my head etc" of course not, argument is not about anybody forcing it or not argument is about the main core way it is marketed in somewhat questionable if not dubious manner! any way , Simple mE can I ask you a question I agree with your 1st part ie great idea many have hinted that that is teh best approach Getting a sim 1. Paper trade with my trading platform using TST rules in the 50K combine til I make 1)pass combine 2)pass FTP 3) get funded and make $5000. What I dont understand is your part 2 "I will start TST combine once the above is complete and I risk $0.00 of my own." How is it $0 risk?, you would have already paid for atleast $150 so that is your own money and that too assuming in real life you do pass the test in first go within $150!
i’m IN a hot tub, i cannot be IN an online trading forum at the same time. what is this ‘lt’ that’s called capitalism? There is so much semantic ambiguity and confusion - no wonder we can’t communicate.
I have never said that they will charge you for something. The proposition was to ask them if they will be happy to hire you based on sim trading, academic e.t.c.
@SimpleMeLike "Am I missing something? Why in the world would someone trade their own money when TST will let you risk their?" You need to remember about pure calculation TST is good for beginning to leverage potential loss. But there is trailing max drawdown. For 150k account it is 4500, so after making 4500 you are risking your money, not their. Then only reason to stay is to make additional money for margins. When you do that (you can cover margins and have some space for drawdown) it is better to go for your own (you don't need to pay split and you can reduce data cost paying for it as non-pro). Simple as that
https://www.elitetrader.com/et/threads/topsteptrader.275976/page-261 From #2602 Feb 1, 2017 I searched and saw this exact same debate has been going on since February 2017.
265 pages of spirited debate around TST! Thank you, jinxu, for bringing this treasure trove of pure joy to my attention.
Then it must be your birthday today!! I forgot the exact numbers, but there are like 4-5 very lengthy threads on TST each with more than 500 posts or so, going back to 7years!! Just do your search here or even better use Advanced Google....