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    SFG Trading: The Full Scoop

    It seems "Haywood Trader" is in fact a trading platform: http://haywoodtrader.com/ Regarding the trading opportunity, the FAQ's suggest the following: 1. The demo trader can lose only $20/day in the first week to start. 2. The demo trader must use 100 share lot sizes. 3. The demo trader must...
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    NVAX down 84%, Some Option Buyers bought the $8s for $.20

    Brutal is an understatement. I've tried that game before in my earlier trading days, looking for the "big score" which mostly end up as turds. TGAL, NGEN, XOMA are ones that come to mind. I also remember DNDN quite well (the stock R Morse mentioned above), certainly a wild ride on that one...
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    AAPL

    Yes, it's trading psychology for sure. Despite the "hatred" for its countless upgrades with $700 price tags, we have to try to remove our emotions from the equation. It does NOT matter what we think, as they are just merely individual opinions. All that matters is what the CHART "thinks" and...
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    Uber drivers can now lease cars through uber... But prices look insane!!

    http://www.reuters.com/article/us-uber-autonomous-idUSKCN11K12Y "It plans ultimately to replace many of its 1.5 million drivers with autonomous vehicles." Sure, it will take awhile, maybe even a decade, however Pittsburgh is just the beginning.
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    AAPL

    It broke the critical $110 level on a close. If it can hold, then the target is all time high retest in the $130's.
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    Topsteptrader

    Yes, it would be much better. However, from a marketing standpoint, what do you think would happen to the pass rates if the combine had the same rules as the LIVE account? How would it impact those taking the higher combines that have weekly loss limits? This is why quoting the number of...
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    Meeting with local prop firm. Good questions to ask?

    I think the word "prop firm" is loosely described on these boards. Besides, itradeRisk never called it a prop firm, only stating that (it) "might be something I would look into." I agree with you that TopStep provides some value, even though it's not a true "prop firm" such as, for example...
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    Meeting with local prop firm. Good questions to ask?

    I suggest reading the FAQ's on the Topsteptrader site and generate a clear understanding of ALL of their rules. Also, you can find lots of information regarding Topsteptrader on the threads posted here on ET.
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    Topsteptrader

    You are not wrong, they have definitely increased the number of people being funded (i.e., defined as those who have passed two consecutive simulator exams and qualify for a live account). No, they are "causing confusion" by changing the rules from combine-FTP-live account, not by the rule...
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    Topsteptrader

    TST provides both funding for the margin requirements as per the "scale up" rules AND maximum drawdown allowances for the first ten trading days in the live account. These do not have to be consecutive calendar days, just ten days in the aggregate. On day 11, TST only provides funding for the...
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    AAPL

    Interesting, and this is in addition to what he just sold prior to this one last week. It seems he had a Rule10b5-1 trading plan (scheduled plan) in place since May 16, 2016. https://www.sec.gov/Archives/edgar/data/320193/000162828016019324/xslF345X03/wf-form4_147268268998840.xml
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    Topsteptrader

    I also have no issues with taking the combine for a fee, it's a great learning tool, and it most likely will improve your trading skills. However, 20% of zero, is, well, zero. Focus on developing a game plan on how you will pass the "10 day rule" if you're actually interested in wanting to...
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    Topsteptrader

    C'mon Xela, this is classic "double speak" and quite blatant. If TST wanted to focus its entire attention on risk management capabilities, then why relax the Combine rules, when those rules change in FTP and the Live account? It's been discussed extensively that the changing of the rules has...
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    Topsteptrader

    Looks like you can't trust "Mother Russia" lol! Proptraders.biz, a TST competitor out of Russia that was mentioned on this board, unfortunately could not maintain the business model. http://proptraders.biz/
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    Uber drivers can now lease cars through uber... But prices look insane!!

    No, it's not a bust! The drivers are building an empire as indentured servants, which is what I've already mentioned in this thread. Sure, there are always pockets of opportunity in select cities, or select times such as surge pricing. However, Uber, by its own admission, relies on churn to...
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    Help Wanted, Looking for a prop firm to join, please advise.

    I'm not sure, however Sterling seems well equipped to handle API. Traders from Echo used it. Bright uses Redi Plus, although that was some years back and I'm not sure if that's changed. I've used Sterling, GreyBox and DasPro and of the three platforms, Das was the most simple and easy to set...
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    Uber drivers can now lease cars through uber... But prices look insane!!

    Pekelo, Since you mentioned income taxes, check out a thread from an Uber blog. It's only 2 pages, and quite an interesting read (funny as well). :D http://uberpeople.net/threads/new-driver-income-questions.88509/
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    AAPL

    According to the Yahoo article: "Cook still has about 3.5 million shares in Apple that are set to vest over the next five years, depending on performance." What's surprising is Cook doesn't even own 1% of the firm! So he can't send the "wrong message" by selling off everything, since he still...
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    AAPL

    I sold one-third position around $109, but I'm going to hold the rest (at least for now). That $110 level is sure powerful resistance for this giant. In the past whenever I've sold it AAPL continues higher, go figure. September 7th is the launch for iPhone 7, so get ready for the worldwide hype.
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    Uber drivers can now lease cars through uber... But prices look insane!!

    Uber tries to discount prices and provide incentives to customers in each market where they compete with Lyft. You're right, it's good for customers, not for the drivers. Regarding income taxes, you have to consider that if drivers use the IRS standard allowance for mileage deduction (as...
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