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I like this. :) Why don't other prop lite firms do this? It's a win-win model. Kewl.

Why don't you just try The Combine and check it out. The requirements are strict but the barrier of entry is low. I would try it out if they traded equities and have an office in NYC. Don't want to do remote. I also don't think TST and Patak Trading exist to teach. They exist to make...

Most likely, you will fail the Combine repeatedly b/c you got the 20 day trial period. Donc, in essence you will probably rack up $5k in Combine fees eventually. So, you are essentially paying the annoying $5k deposit ultimately just in a different way. 20 days is too short and...

Video archives? Live interactive chat room? Oh man, I am in..... But I think the real kicker is their shrink department. Would really love to lie on a couch and shoot the breeze after a hard trading day.

Okay. This makes it clear. The 1% initial success rate is so low that Patak does not lose much when they absorb the traders' losses.

You are a Wharton guy? MBA or B.A.? I guess it doesn't matter. Lol. All Wharton guys I have met seem Donald Trumpish to me. Hehehe...

Interesting math problem. Something doesn't jive. If there are 10,000 traders in the Combine and 1% of them pass, 100 traders will go live. How many live traders fail and go back to the Combine? If half of them fail, then 50 will go back to the Combine. With 10% passing rate of...

All good points to weigh and consider before joining TST. As for the annoying $5k capital contribution, the difference is the watermark. Deposit the annoying $5k and the watermark is probably $0. Don't deposit the annoying $5k and the watermark is $5k. That's the way I see it...

If you use 1/2 chance as the probability of doubling your money each and everyday for 29 straight days, it's like saying what are the odds of flipping 29 heads (or tails) in a row. The odds of flipping 29 heads in a row is .5 to the power of 29. That is .00000019% or about 1 in...

So, it's 2 to the power of 29. And then divide by 100 to get the dollar value. It's a double or nothing bet done 30 times starting with a penny.

AB is probably AmiBroker.

I don't think the speaker in "Masterin' Yo' Inna Game" could even teach gym class.

What are the odds of 30 winning trades in a row if you don't cheat?

Right on the money. Joined a meetup b/c I thought the founder of the meetup was a legit trader. Missed the first meetup. Was going to check out the second meetup on automated trading. But to attend, you needed to bring contact info on a programmer. No contact info., no meetup for...

You get paid once a month at WTS. Sux.

Initially, this sounds bad. But because they have an extremely low barrier of entry, it's not surprising. TopstepTrader seems primarily like a recruiter. They look for talent. They don't seem to exist to teach anyone that walks in the door how to trade. No freebies.

The interview with M. Patak was très bien. I listened to the entire interview and got good vibes. He sounds like a Major League baseball player and not too shady. :) He states that his TopstepTrader program uses a performance based business model unlike the usual prop lite...

Lol.... That's some super power. Just imagine if you could move bond prices by just opening your mouth.

Yep. Can't believe it. Really. Seriously. Never thought this would happen. I also never thought AMZN would trade at such high a P/E.

I was being sarcastic. The stock market doesn't scare me anymore. I have been to hell and back a few times.