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Trading within the Jr. Trader parameters is key, since that is what you'd have to do anyway once funded. Apart from the max trailing draw, you had all of the objectives met. Nice going.

The T540p looks like a killer laptop. I'm checking that one out as well. You can customize it with Windows 7 and a solid state drive for decent performance. Also, if you're traveling, check out the portable monitors from ASUS. You simply connect it via a USB 3.0 port on your laptop so you...

If you're a non-US citizen residing in Hong Kong, and your clients are also non-US clients, then it's probably best to check with Hong Kong laws as the op suggested. For US clients, you may want to ask the FINRA call center regarding licensing. FINRA Call Center Main FINRA Phone Number...

You may want to look at IB for setting up a "Friends and Family" account if you have 15 or fewer clients, however you must be "exempt from registration" and that varies by jurisdiction, so you may want to ask them. I believe TD Ameritrade also offers a similar structured account, whereby you...

Rates and commission splits are negotiable. That's a very hefty commission rate, especially with a 30% haircut.

You may want to check out Chimera Securities, they have a training program for new traders. And they don't make you front $5k or 10k in "education fees" like some other firms. Also, they are registered prop firm, meaning you'll eventually have to get your Series 56...

It makes sense to take withdrawals regularly once you build the cushion, which varies depending on what combine you traded. You don't need to build 15k or 30k to take a withdrawal, those amounts are only for an increased payout percentage. The profit objective is the minimum net account...

You're correct. And so is Volente, who posted "3 contracts on 150k is a joke." Sure, it's hypothetically possible, not not very probable.

Trading 3 contracts and being down "30 effing handles" means you blow up in 1 day, and that's not a realistic way to evaluate the combine metrics. Is it possible to pass a 20-day, 150k combine with only 3 contracts? Here are two scenarios: Scenario 1: With a 55% minimum winning day...

It seems very sneaky to collect funds in Boca, then sell the company and start an account offshore without notification to the traders. Perhaps those of you who are owed funds can jointly hire an attorney to send a demand letter to the Florida lawyer. At least if the funds are back in...

Their site doesn't specify the lowered profit target of the LTP. It also states that not everyone has to go through the LTP. As the op stated, you trade the same product(s) in the LTP as you did in the combine. Remember, if the goal is to actually get to Senior Trader and take a withdrawal...

It's good that you had a consistent combine and you're taking a rollover. As I've posted before and on the other thread, see if you can pass the combine within the additional rules imposed of Junior Trader, since that is what you'll have to follow when you're funded. Best of luck.

You can ask for the rules to be "bent" by requesting a custom combine, which could include a lower profit target with some of the rules being modified. Shiko2000 did the standard combine and agreed to the terms, one of which says the profit target is $3,500. When reviewing your combine...

Fusion is the old Blackwood platform, with new modifications.

There is always a risk with any firm, domestic or offshore. I can't answer whether there is "anything illegal" in dealing with an offshore firm, as I'm not an attorney. Some props may operate offshore for various reasons, it doesn't automatically imply they are illegal. Your risk...

You can't simply "take the Series 56", it requires sponsorship by the firm. So first you have to join the firm by filling out the paperwork (form U4), getting fingerprints and a background check. Then the firm will open up the window for you to take the computerized test at your local testing...

The issue I have with the current model is the maze of rules for each combine and each level upon passing the combine. Apparently, I'm not the only one who found out about one of TST's rules after the fact. For example, austinp wasn't aware that he would qualify for a rollover even if he did...

Here's one of their custom examples where you can modify the time restriction: 1. Although the profit target is increased from $1,500 to $2,000, it gives you 10 days over 60 calendar days to cherry pick your trading days, rather than 30 calendar days. 2. The combine won't penalize you if you...

Yes, you can modify some of the parameters, not the time limt. See the examples in the link. http://help.topsteptrader.com/knowledgebase/articles/270040-example-of-an-approved-custom-combine-objective The debate here is not whether one can hit the profit objective, it's whether or not...

That's a valid point. The 50k/100k/150k accounts all have HIGHER profit objectives DURING the combine period vs. the "Junior Trader" period, which has NO time limit to reach the profit goal before reaching Senior Trader. For example: The 50k requires $3,500 during the combine, and...