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Always protect capital after such a huge gain, and invest in either mutual funds or ETFs that mimic the S&P and/or Dow Jones index. If you set aside the $1m instead of trying to pyramid the profits, then you stand to gain an 8% annual revenue stream over time, regardless of any future draw. Of...

Many traders at TST are taking checks. Just reviewed their email regarding the April numbers. They're definitely getting a lot better at transparency regarding the live accounts. One trader withdrew over 10 grand from his account after a month of trading. I'll bet he traded the 100k or 150k...

You're most probably right, the EQUITY becomes the maximum drawdown on day 11. So it's still a matter of generating the equity over the crucial first 10 trading days. No different than TST, except you can go "all guns blazing" with 10 lots on the 100k if you get a runner, lol!

Yes, that's a better link. Go direct to the source!

..."and wants to train me to takeover his books which as of now he has 40 million under management." That's all I had to read to come to the conclusion that you are sitting on a GOLDMINE, and quite frankly, it would make a very wise decision to take the offer, provided of course you are certain...

Agreed, the Russian traders will use the same logic as U.S. traders, in terms of dealing with a firm in their own country. There is the uncertainty, however, of generating enough revenues to offset the risks in the LIVE accounts. This was one of the legitimate arguments brought up in the...

AAPL broke and CLOSED below $92, which is not a good sign for bulls, at least for now. The volume was heavy, over 70 million shares, or twice the daily average. If this daily bar isn't reversed quickly, then it may trade flat to lower all summer until the expectations for the next earnings...

TST still has the best infrastructure of all firms, however no firm is immune from competition. I think U.S. based traders would rather deal with a U.S. firm, but you cannot ignore the difference between paying once vs. six times, it's quite significant, since many traders require several...

The stats seem normal, except for when he went "all guns blazing" on May 5th! I guess you could rack up $455 in fees at $2.50/side for each lot, scaling in one lot at at time for EACH trade, in order to get the 180 trades on a 3 lot max account.

Good find on the "Pay once and get 6 goes at being a winner" rule. From the "Help" section, here's the sentence: "Five subsequent Qualification attempts for FREE." I also noticed a few other differences in the rules vs. TST: "You can trade any instruments after the qualification no matter...

Low tick was $92 on May 6th, still holding above that crucial level. We'll see if that's where buyers will regain control.

Thanks! It has very cool features, especially to really dig deep into the dymanics that generate the P&L. The annual cost is very reasonable. Definitely worth checking out. I also noticed they include it free for their funded traders, which is a bonus. http://en.marketstat.ru/

You just asked and answered the magic question! Yes, "money makes money" and that is also why the "Maximum Lot Size" in any of the trail accounts is IRRELEVANT. It has to be measured as a factor of the percentage of risk you are allowed on a maximum trailing basis, not to exceed the daily...

Here's the original link, which describes the "Trading Statistics" feature: https://proptraders.biz/ When you click the feature, it forwards to this link (in Russian). http://marketstat.ru/

Right, competition or as you describe, "alternatives", is a good thing. This is like the ride sharing business. The more players like Uber, the better for consumers. It's also the same as earning points with credit cards or mileage with the major airlines. They will compete and tweak their...

Good observation regarding the price changes. They also say the rules in the funded account are the same as the trial, which at least keeps it simple. The "trading statistics" feature for traders who get funded looks quite interesting. Unfortunately, the link is completely in Russian. I...

I think Ackman is more focused in managing his big $1 BILLION paper loss in Valeant! http://www.usatoday.com/story/money/2016/03/15/billionaire-just-lost-1b-troubled-company/81809048/

DallasCowboysFan, Good article. AAPL is still very heavily weighted in the indices, and as long as the dividend keeps rising (they just announced another increase despite the earnings miss), it will have some stability, given the institutional ownership of the shares. It remains to be seen if...

Yes, you are absolutely correct, it's an "attempt to increase the Combine pass-rate." However, you're also aware that thee combine "pass-rate" is meaningless unless those who pass ALSO make it through the first 10 days of the LIVE account! And yes, the weekly loss limit and trailing max...

Since MES was brought up, here is a part of their marketing. They are allowing a $5,000 draw to make the $1,000. Compare it to TST, and determine which model is allowing for a more liberal draw to make the gain. "Your daily loss limit is $2,000 and your max drawdown is $5,000. Your profit...