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It's here in this thread, although from several years ago: http://www.elitetrader.com/et/index.php?threads/topsteptrader-and-patak-trading-partners-easy-to-read-questions-and-answers.248798/

Check out Great Point Capital out of Chicago, they are both FINRA (retail) and do prop. If you're going to stick with Reg T then that's definitely an option. Through their retail arm, you won't have the 1 year lock up, and you can negotiate the commissions. Of course, since it's retail, you...

This isn't a foolproof program, and TST doesn't have the overriding authority on any country specific tax laws. If a funded trader is making decent money after passing the combine, then it's a positive problem to have, and can be dealt with during that time. The Canadian trader can always go...

I'll take a shot with those questions. 1. Some are putting up "decent numbers" as revealed by TST's own emails. As discussed repeatedly, the numbers will diminish quite rapidly if one hasn't built an adequate cushion and/or doesn't trade in accordance to risk, so they reach the max draw and...

Of course it's obvious, so the concept of a "decent trader" scaling up with a one lot piker account that you previously mentioned is erroneous. It's the same sales pitch as the marketing pundits claiming you will make $200/day trading 1 lot of crude with a piker account. It has very low odds...

I agree that those who adhere to the rules have better chances, however, that will greatly depend on the cushion a trader has built in the first 10 days. In your opinion, what amount of a draw allowance per lot of ES or CL do you feel is adequate enough to meet that objective?

Yes, I believe the opportunity is viable for anyone who wants to trade futures in a structured environment. TST posts the stats of several funded traders, so it's obviously possible to make money. Yes, I've taken several combines off an on the past few years, and unfortunately have not yet...

You missed Pekelo's point. If you take longer than the 10 days to meet the goals, then what makes you think you'd build a solid cushion in 10 days, since that is the maximum number of days you have to build the cushion? To determine your estimated cushion, take your average P&L per day of the...

This is why the main focus is to build enough cushion within the 10 days so you don't have "too small of a trading capital" as you begin to scale up. Regarding capital being "obtained in other ways" I don't see any competition that offers terms as favorable to the trader as TST. The "better...

Read my reply to volente's post again. He asked a simple question regarding the $100 restart, for which I posted my own personal response, and made it very clear that "it's up to the trader to either pay it or use the remaining days of the combine account as practice." Personally disagreeing...

Whatever per share rate you get, add $2 to $3 per thousand to the rate if you're not going to add liquidity to each order. Of course, if you DO plan to use the ECN's effectively, then you can greatly reduce the quoted rate. To determine the total rate, you have to consider the cost for the ECN...

Personally, I don't agree with that rule, even though it allows the trader to continue without waiting out the month and just restarting a new combine. It adds another layer of fees, so it's up to the trader to either pay it or use the remaining days of the combine account as practice.

I think the point you're making is if a trader took greater than 10 trading days within 2 or 3 months to generate the 9k in profits (in a continuous 150k combine) vs. ONLY ten days within a calendar month (in a regular 150k combine), then it's not comparable? However, the continuous combine's...

Yes, they have changed the rules constantly, however as we've seen the rules have usually changed for the better. The continuous combine is probably one of the better rule changes in my opinion. Compare this with the recent rule changes of the airline frequent flyer programs, such as with...

* Knowing what others are making is good from marketing standpoint, and that is why TST has even started to promote emails showcasing the results of some funded traders as they start their live accounts. The questions are the same: 1. Can I pass the combine? 2. Can I make enough cushion in the...

The "piker broker margin" is simply an example to compare what a trader would need to open his/her OWN retail account, since one of the main attacks against the TST model is "why don't you just open your own account?" So the "real" or "true" account size is a valid comparison, since that is...

Yes, after the first 10 days, you can modify the lot size until the cushion has steady gains in order to increase the probability that you will have longevity in the live account. In your earlier example, you cited that a trader only needs to trade with HALF the risk in the live account as the...

Yes, BABA spiked off the $76.21 area, twice, and that is currently the bottom. Earnings I believe are on the 12th of August, and with the rebound in China stocks, it probably spikes into the number. I agree that the weak hands will get shaken out. My target is the unfilled upper gap over $97...

Thanks to Pekelo and londonkid for the entertaining spats, good stuff. :D Regarding the "true size" of the live account, c'mon guys, this is NOT rocket science, lol. 150k: Opening lot size max is 3 lots (for the first $1,500 in profits) Maximum trailing stop draw is $4,500 Maintenance...

Here is the full text of Crispy's post (in addition to the line quote above, which was from another post):