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Obviously when comparing transparency, one cannot compare MES with TST, since there is still limited information on MES regarding their program, vs. an abundance of information on TST. My response to your post was not directed at comparing the two firms, only to address your accusation of MES...

Xela, Did you actually read ALL 8 pages of the thread? A "scam" has a very distinct definition, such as the following: scam (def): "A fraudulent business scheme, a swindle. An illegal plan for making money, especially one that involves tricking people. A dishonest scheme." According to the...

Thanks for posting the link, I wasn't aware of that site. The banter exchange between the posts after the MES review was quite entertaining. I recall the prior ET thread where MES was mentioned, however there was very little information regarding the firm. It's important to weigh ALL of the...

Ok, I misread your post. Yes, you clearly mentioned average and not "most" so my response to your post was incorrect. It's quite possible given the hundreds of traders who have passed the combines, there are people who have taken all of the various levels (10k through 150k). Again, the key...

As others have posted, it's the amount of equity (i.e. your account balance) on the 10th trading day in the live account, which then serves as your maximum total draw allowance from Day 11 going forward. Don't be influenced by those who claim a small account balance will turn into a large...

WTSprop was the domestic arm of WTS, which got acquired by T3. WTS Trading is the foreign arm (Caymans).

The point of his advice was to trade the 100k/150k combine and to maximize the potential of the "first lost" balance on day 11. In order to get there, he mentioned one must trade aggressively, which I agree with. However, I differ with his definition of trading aggressively if it suggests...

If there's one paragraph to take note from his post, it's this one: "ALWAYS keep in mind you are competing for a FIRST LOSS account balance day 11. You are trying to build an account balance of at MINIMUM $7K by the end of 10 days, ideally $10K. At that point, you have created an account to...

Yes, you are correct that when TopStep mentions the number of newly funded traders (those who have passed the combine and FTP), a large percentage "are solely focused on CL." CL trades like a momentum stock, with a price that even resembles a stock price, whereas ES/NQ, and other instruments do...

This is good information. In other words, they are providing a "second chance entry" for the combine traded with basically no incremental cost (ok, besides the dollar). Hopefully you will pass, but it's a backup plan which obviously no trader in their right mind would refuse!

Regarding Maverick being a "shill" is an opinion. If you recall his numerous posts on various TST threads, then you know he came to the conclusion (after relentless debates) that TST was in fact a viable option for new traders, for training purposes. Maverick is not new to the markets. His...

Here is Maverick74's post...it's a classic. "Let me re-phrase what I'm trying to say. A trader with 10k in capital has close to zero chance of ever making it. I know that, Don Bright knows that, Bob Bright knows that and everyone on the street knows that. This is what I was trying to get at...

"Why is this?" Some traders are either unwilling or unable to see through the crap when they read a blog or hear someone tell them they can take a small account and turn it into a large account. In theory, anything is possible. If a penny stock doubles each day, then you'd have over $1...

Taxes? Years? How about just getting through Day 11 of the live account! :banghead: :D

Ok I see the logic in determining if there's value in the reset fee for the 100k/150k, since those are the ones with the heftiest price. So in this case a trader may choose to pay it, provided he's allocating enough time for the "premium decay" of the option, but the math does not make sense...

I was never a fan of the "$100 reset fee" as it puts a hefty premium charge on the monthly combine fee. It's almost like buying an option with time decay. Instead, if a person "blows up" the combine within the month then they can still continue trading on the combine account, however the...

If you get past day 11 and carry a positive balance, then you're trading the built up equity using THEIR maintenance margin. Also, there's the ability to scale up size without adding capital. Two rules that get eliminated are the weekly loss limit and trailing max draw (on day 11). Since you...

That's why I also included the following in the post: "Of course, any trading that differs from the combine vs. the live account will skew the results for the Day 11 balance."

Your average daily balance in the combine was high, at $1,849/day. If you had multiple winning streaks of this magnitude (on the days you posted big wins) than in theory you could have $18k+ of equity on day 11 in the live account, (in other words your probability of monetizing of the scale up...

TST has links regarding the differences between the combines and how they relate to the live account and the rules are explained within their FAQ's.