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Question for Patak or TST_Hoag: Would TST allow for a custom combine whereby the trader can trade MORE than the 10 days within the 10 day combine (which gives 30 calendar days, and thus more actual trading days than 10), same for the 20 day combine (60 calendar days), while still meeting the...

Yes, but I've also stated on the other thread that a trader WILL at least make the attempt to pass. You can build all the good habits and consistency with the practice account. Once you sign up for the combine, you're going to try and meet the P&L objective. The CL traders who got funding...

The problem with a time period is once you have a down day or a day where you don't meet the daily average, you cannot pass unless you trade aggressively on the remaining days. This is exactly what those three CL traders were facing, and they fortunately got out of their respective jams and...

Any particular reason why you want to complete it in ten consectutive sessions, even though it allows for ten within the next 30 calendar days?

That's a monthly membership fee and optional. It gives you a practice account with daily trade logs. Then when you want to take the combine you get a lower entrance fee. If you just want to pay for a combine, then you don't need the membership. So it's a matter of how you approach it, with...

Regarding the one year "lock up" rule, it's SEC Rule 15c3-1, lots of info on the web regarding net capital requirements for brokers.

I can see how commissions would rack up fast, however my understanding is the strategy calls for placing lots of orders, of which many do not get filled. Don implied that they ARE getting filled, with "100 to 300 at a time for a trader", so then the question is, how to manage the orders...

My understanding is they either charge extra for practice accounts, or provide it only for memberships. (Of course, this probably doesn't apply to you and Surf since you guys are doing the "ET combine.")

Ya, how's THAT for a gap! (NOT!) :D

VXX reverse split 1 for 4...again! Well it's about time. :D

Ok, good to know, thanks. I would say that 5 ticks on CL is nothing, you can blink your eye and get that, with GC as well. :eek:

Yes, crude is a monster and fun to trade when it's just a trial sim account. I was not implying that I'd personally take 5 lots on CL during the combine, no way, that's way beyond my risk tolerance, even with a 1k draw. I'm just showing the example of how one might want to layer into a...

It does have the following statement: "Prior to being taken live, traders have the opportunity to request adjustments to the listed Live Combine Objective." So yes, you're right, and I'd definitely change some of the metrics. "NEVER adding to a loser" is very subjective. Define "loser"...

It's clear to those who are following the threads or who make the effort to read the site that the combine can be customized. However, the "sim combine" is only the first step. The "live combine" does in fact have additional critera which are not reflective in the sim combine. Let's say a...

A quick suggestion to those asking questions: TST has a "Drill A Scout" session in one of their chats. I was in it the other day. You can ask whatever question you want relating to TST and the combines. They seem to answer each one, and yes, even the "tough" questions. This way you...

volente: Click "trading plan" found in the bottom of the page in the link, and you can pull up the .pdf with all the rules. http://www.topsteptrader.com/fundedtrader

It is difficult to disagree with the above statements if one is observing this model for the purpose of getting funded. When the funded trader reports were being posted, we saw THREE traders who were aggressively trading CL in their final day. Obviously, the scouts reviewed the reports and...

Regardless of how one passes the combine, the trader still must adhere to the same criteria as the combine PLUS the additional metrics found within the trading plan once they are funded and begin trading a live account. The only exclusion is the profit objective. If a trader utilized a...

Ya, the op asked if there were "10 firms left", I listed 9 firms, probably missed a few, although there are other sub-LLC firms that are just a part of the above firms. One must review FINRA.org broker check and SEC filings before joining a firm to see their financials and if there are any...

There are several equity props left, however the industry is shrinking and only the well-capitalized will survive, and/or the firms that expand their models, just as Evo mentioned. New rules/regulations/license requirements etc have inreased the barrier to entry, both from the trader and...