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That trade risk to reward sounds reasonable on a 150k combine. It's a $750 max draw, well within the daily max draw. For that risk/reward to work, you'd need several days of more than 20+ ticks to make up for the draw to meet the profit target. We've already discussed the risk/rewards of...

https://www.google.com/fusiontables/DataSource?docid=1WPXwv58K-PLPFwo7uKjDkMnHzH1Lj_2tl1N47xQ

It's good that I drank a lot of caffeine during my night out or there's no way I could write responses to your posts so late, lol. "its does not state what these figures are but I believe they will be the same parameters that were in your corresponding combine." NO! The figures are not quite...

When I claimed "YOUR" profit it's simply a way to differentiate between the 80% vs. the 20%. You are analyzing semantics here. Yes, you are trading the backer's account, just like when you trade with a licensed Series 56 firm, you are trading "FIRM CAPITAL" as part of an LLC agreement which...

"Going live and making a couple of k cushion in their account then even contemplating withdrawing is a piker mindset." So if TST is the one saying you can take out profits at anytime, are you claiming they have a "piker" mindset? I'd say TST is being fully reasonable in its terms of allowing a...

First, to claim you are getting "the chance to trade $150k of their money" is flawed. Where are you getting this $150k number? Where does TST put up $150k? TST is going to back you with the following capital: 1. The maintenance margin required to trade whatever product you choose based on...

I only provided my opinion regarding changing the daily loss intraday to EOD, and also added the caveat that the backer would NOT want to implement that rule in the live account! Nothing would stop traders "scaling/averaging/martingale in until they are good for the EOD max loss." Actually...

I fully agree with you here. And as I've stated prior, the ability to trade out of a jam is one of the many attributes of a successful trader. TST does not allow for it, and that's their discretion, since as you said, "they don't want those traders." However, it's faulty logic to think a...

3. "Have you actually read the rules?" Yes, I have, and although you may have read them as well, you don't understand them. So let's go over it again. "NOWHERE does it say you have 10 days to build up a cushion." "Achieve an Average Net P&L greater than $0 for each product traded (enforced...

2. You can make an infinite number of examples of win/loss ratios to pass the combine. What matters is how you can trade within the parameters of the LIVE account. The additional rules must be considered, such as the weekly max loss, which reduces the daily max loss to $600/day (or .4% risk...

Of course they make the rules! Nobody is disputing that. Let's go over the flaws with your post: 1. "They are offering 80% split and eat losses." Yes, they are going to eat losses, but ONLY during the first 10 days of the live account! Obviously you did not thoroughly read the funded trader...

Agreed, I think many are reluctant to participate given the reality of dealing with the introspection required to examine one's weaknesses as a trader.

1. No, the daily loss limit is INTRADAY, and to the tick in real time! That means once your total losses (including fees) hit that level, you are auto blipped out, regardless if the trade turns positive, or if there is time in the day to work out of the jam. Perhaps two years ago it was...

Yes, some rules definitely seem "way too strict" however there are several traders who have made it past the combine AND the first 10 days of the live account. But what happens to the majority of them in a month, three months, six months, one year? The rule that I find "way too strict" is...

For stocks, you can trade via a registered prop firm that takes capital contributions, however it cannot be OPM. You'd have to send them funds directly from your own account and simply trade the firm's capital using leverage that exceeds the PDT rules at a retail broker/dealer. For futures...

Yes, although it was WTSprop that merged with T3, they also had international traders via the Canadian arm of WTS (WTStrading). Since T3 cannot accept international traders, WTStrading may still have the international traders (including those in Canada). But you're right, the firm itself is a...

Starting a hedge fund is more complicated than starting your own advisory business. Check with your state regulator, and most likely you will need a Series 65 license and set up an LLC. Then you can set up an advisory trading account where you have discretion over all trades and charge a fee...

Have you tried WTS? (Not the U.S. based WTSprop, which merged with T3). http://wtstrading.com/contact-us/ Their site seems to be operational, however no address or contact #, and the search still comes up with Grand Cayman.

Take a small portion of that 100k profit on the "lucky bet" and either get your Series 56 license to trade stocks remotely through one of the handful of remaining registered prop firms in the U.S. (where you will have daily stop out limits to prevent a blow up), or enroll in a futures trading...

dude...the word "combine" is referenced from a TRAINING combine as in pro football tryouts. If you want a quick analysis, here it is: pay a fee to enter a TRADING combine, and meet the performance metrics. If you pass, then you trade a live account with an 80/20 split. The nuances of the...