1) Contests, without risk limits, encourage recklessness. Simulated trading is never the "same" as live trading. 2) Theoretically, if 100 additional (TST) traders all started live trading with 15-lots of outright, front-month, crude oil, all at the same time, the algos and commercial users would destroy them like whales eating herring "stuck at the surface of the water". :eek: 3) ? .... ! ..... You've taken your account from $6,000 to $9,000 in the last week? I'm looking forward to reading your chapter in Market Wizards-5.
No 5.5k to just under 9k in 2months, but 7k to 9k in 2 weeks Disaster is always just one trade away lo
Greed is good, greed helps counteract the fear of losing It's the fear of losing, which makes trading so hard!
"2-3 weeks I was told." Did they give you funding? You obviously proved that you can pass the combine, even with Jr Trader rules.
I am in the process of getting it right now. Already got Green Live badge. will start either later this week or next Monday I guess.
Ok, so I got this bit wrong. Mea Culpa. They claim to have funded over 400 traders in 4 years with 76 last year and 47 this year so far. That's a lot more then I estimated. That's about 7 traders a month or two a week.
i wonder how many of that 400 traders can still make profit for TST? i guess not as much as 20-30 traders.
1) You got "that" eMail too. 2) For the sake of "intensive accounting analysis", if a funded trader loses funding but regains it, does that trader get counted once or twice in the 400 tally? 3) What about traders who've lost it and regained it two or more times?
The email makes no distinction between funded traders who remain Jr Traders vs. those who have made Senior Trader, so it's anyone's guess as to how many "can still make profit for TST" since only Senior Traders can qualify for withdrawals. However, if a Jr Trader pays a markup in commissions and exchange fees, then I guess you can call that "profit" for the backer.