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    ICO- IPO scrutiny !

    Trying to understand the risk in an ICO It seems as far as regulators are concerned there are two types of ICO A Utility ICO and a Security ICO A company called Playchip sounded interesting since the company claims to have a turnover of more than $400 Million ( not sure which currency) they...
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    TopstepTrader Q & A

    Good point. FF... one can try demo accounts from many brokers , no big deal...but people won't listen. the carrot of "get funded and get in to prop game easily" is too attractive, + one clever thing these so called props do is attache some sort of "education" to the Test fees and then it...
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    Earn 2 Trade the gauntlet

    Ok Forget the ethics lets agree to disagree on that point, Value for money : I take your point about the maths, Client risk $349 may be once twice for the gauntlet TM and get to trade 10 K real money with 5000 Draw down and with overnight allowed, Fair enough, thanks for clarifying that. so the...
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    Earn 2 Trade the gauntlet

    Ok so to clarify further 1) When a client purchase the Boot camp at $2499 and lets assume he/ she is successful at lower end, the person gets 10 K REAL money and overnight position facility Correct? so ES as an example it will be 2 contracts Max? ( $4600 something per ES overnight margin by your...
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    Earn 2 Trade the gauntlet

    Gauntlet/ Combine you name it, the business model still raises a fundamental question and I was hoping looking at your past posts you will be more forthcoming than your competition! 1) Type" of "Pro firm" Real Tier one "True PROP Firms" dont charge people they hunt for talent in same way as any...
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    TopstepTrader Q & A

    So you have spent thousand on "Education" with no recovery on the horizon let alone making profits.. I am sure this so called prop firm is happy with that why wont they be the monthly fees keep rolling in and they dont have to risk anything! wow great business model ( for them) any way there is...
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    TopstepTrader Q & A

    So Naboli, May I inquire : as an example of a "client" of such a trading firm! would you say you have earned more than the total fees you have paid? and if the answer is yes what sort of annual return you have gained?
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    TopstepTrader Q & A

    Listen about your challenge about Propex That was one of the 2 props where I did the initial test, NO cost! and that is the main point true talent hunting firms dont charge, do you see them charging and other similar firms, you harp on about "nobody put gun to my head etc" of course not...
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    TopstepTrader Q & A

    "Every company want to make profit - this is business about - every business. Strange that some people don't understand that" are you kidding "Some people do understand business are for profit making" these "Some people" are just questioning the ethics of some firms" business practice" to get...
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    TopstepTrader Q & A

    I was going to stop after my last amicable exchange with Xela, but Overnight your long disection of my posts prompted me to write this TO start with I can;t make out if you think my questioning is good or you are criticizing me! I have no disdain for "every company out there" , just asking for...
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    TopstepTrader Q & A

    here we go again another copy cat! 2 /3 props ( yes props not hedge funds so no body can say these are not apples to apples to one up / tst and others) without need of paying test fees in APAC region Singapore + Australia = https://propex.com.au/trainee-traders https://www.genkcapital.com/...
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    TopstepTrader Q & A

    Ok Xela, apology accepted, lets agree to disagree abut ethics of this business model, there is lot of criticism (such as combine hamster wheel, etc on the web of this model and everybody questioning it is not a looser or a troll ! that is all I want to say finally
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    TopstepTrader Q & A

    Are you guys accusing me of being a paid by some competition of these "prop" firms?, are you serious! and on top hinting that the moderator or the sponsor should do something about it! wow Back off All I have done is raise some very fundamental questions and I am not the only one in this sand...
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    TopstepTrader Q & A

    running business for profit is no crime as we all know but the question on many people's mind is "what is the core business? when thousands loos the test fees they don't come forward becasue there is a believe that oh it is just 200-300$ it is not for me.. move on,, who benefits from such...
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    TopstepTrader Q & A

    " Value proposition" would have been if there was no "Test fee". That in itself raises the question mark One may say why should there be no fee! , becasue that creates a conflict of interest, and this is not my idea I recently sat for entry test+ SIM for 2 props NO BS about Entry or test fees...
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    TopstepTrader Q & A

    It is not a question of who can trade or not it is a question of the ethics of marketing yourself to masses with a pipe dream when the real intention is to grab the the "test fees" + questionable definition of "Size of funded a/c, and Xela you are 100 % correct the "another one or two I...
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    TopstepTrader Q & A

    by the way how many get to the level you mention by only spending $460? answer to that will tell the true story it is not about marketing and combine / test name it is about integrity and true intentions of a business , get 1000 suckers to do the paid test and fund very few...I dont think you...
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    TopstepTrader Q & A

    You still dont get it do you? it is about questionable marketing and true intent of such a business that is what people are questioning! yah Michatr you have the last word this tin pot business model is far more ethical and better than firms like https://careers.sig.com/ and...
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    TopstepTrader Q & A

    lets look at the facts shall we so called 30K funded account mean only be able to trade 2 ES ? correct so why is it called 30K is beyond imagination? Normal day trading margin for ES is $500 so by definition this co called 30K account should allow one to trade 60 ES contracts or atleast 6 if...
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    TopstepTrader Q & A

    actually it was your post I cut pasted :D
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