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Yes shiko, you obviously understand it, since you went through it, and thus you have the personal experience of it. Unfortunately, many traders have trouble accepting the correlation between equity and success. I'm not saying that a guy who takes the 100k/150k WILL succeed. Those who pass the...

Yes, from what others have posted, it's 50% of the profit required in the combine. When you go live, you can trade up to three lots if you passed the 150k combine, as per the scale up rules. Your account performance on the live account is determined by how much equity you build on days 1-10...

Finally, you are willing to admit that one has a "better chance of success if you start with more equity." The second part of your post is nonsensical! If someone passes the 100k or 150k combine and builds and adequate cushion, then by logic and default, they are NOT "losing traders" and thus...

These double/triple ETFs are valid for day trading. However, given the bull run since the '09 lows, the double longs have done incredibly well, SSO (for the S&P) and QLD (for the QQQ's). Both have recently split their shares 2 for 1, which makes them even more liquid. Personally, I would...

It makes solid business sense to earn revenues from the combines, and from the funded traders who manage to build enough equity to take a check, plus from the ancillary revenues through education. It's a business, not a charity, so even if the llc's have the same owners, good for them. Yes...

Sorry volente, no room for pikers at TST. :D

Yes, hence the name "continuous combine." But remember, you only get ten days in the live account to prove yourself with the cushion, which then becomes your equity. So to maximize the effectiveness of the continuous combine, it's better to still only trade for ten days. The advantage is you...

londonkid, here's an older post by Maverick74, almost 5 years ago now, but worthy of reading (especially the last few paragraphs). "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...

Regarding the posting of "year end trading results" I think that's up to the backer, not TST, since they are separate entities. I actually think TST has been quite straightforward, especially when the rule changes actually benefits the trader. For example, when they removed the minimum P&L...

Once again, you ignore the crux of the argument, and resort to attacking the messenger. Do you think traders sign up for Top Step to simply pass a combine? If you took a survey of why traders sign up for a combine, I'll bet the answer is twofold: 1)to trade within a structured environment...

It's not a negative mindset, it's a REALISTIC mindset. You seem fascinated by the amount of funded traders, those who have passed a simulator account, lol! When Pekelo, Volente, I or others ask realistic questions, you either ignore it or go off on tangents as a defensive posture. Bulls make...

It was asked on prior TST threads and the response by the firm was that it was private information. As I said before, it really doesn't matter what someone else makes. I'm sure we all hope that EVERYONE who takes a combine makes money. Nobody wants others to fail, at least I don't. However...

You do realize that just because they passed a combine doesn't mean that they are currently live traders?

Of course I know Cramer is just a TV pundit! There is no reason to disbelieve his stats regarding his hedge fund, but if you want to think he lied about it in his book and what's been posted in various articles, then it's up to you. It's funny how you only focused the attention on Cramer, and...

Yes, a series 65 license (investment advisor representative) is required to run OPM in most states. For futures, I think only the series 3 is required, however I'm not sure.

Some of his prior dealings may have been shrouded in controversy, however I don't think he lied about his performance record at Cramer Berkowitz (his prior hedge fund), as those results are audited by CPA firms. We're not talking about Cramer as a "distraction" or his "clown like" antics on Mad...

Ok londonkid, when you end up running your own hedge fund and can make $50 million net after fees, as Cramer did, then be sure to show us your stats, lol!

Good point, and I agree, the pressure steps up at each level. That's why one shouldn't be gloating over theirs or anyone's performance in the combine. I've stated in the past that it's a necessary step in the program, but irrelevant since it doesn't have any relation of whether or not the guy...

Dude, you can't be serious with that comment? Do some research on T3's traders, Scott Reddler is one of them. Apparently you haven't seen any P&L swings of the "decent traders" in this business. Read this article from Great Point Capital...

The combine of course doesn't require that you scale up. From the stats you posted it seemed you were trading more than 3 lots to start. The combine will of course allow you to trade more size in order to meet the performance metrics, since you don't have to follow the scale up plan. Yes...