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I know the feeling about "adding to the loser" when you're already in a position and taking a draw. It's very tempting and easy to do while you trade the combine. I've decided in my next combine to NOT do that until the profit goal is reached for migrating from Junior to Senior trader as if it...

The questions arise due to the maze of different rules between the status of combine vs. junior vs. senior. In the end, the only thing that really matters is whether or not a person can trade within the rules to generate a check.

Use the "Search" tab on the upper right. It seems your choices are limited. As stated in my other reply, go with a U.S. firm and get the series 56 if you really want to trade equities with a prop.

Well, let's look at this from the perspective of the backer. You are looking at the reports of a trader who passed the combine and is now a live Junior Trader. The trader played crude during the combine and you noticed that some days he went "all in" with his max lots to make up for a draw...

I think having the "Additional Rules" for the Junior Trader increases the odds of being sent back to the combine, and thus reduces the financial risk of the backer. However, if one trades the combine by utilizing these rules, and meets the parameters of the combine to either qualify for a...

Good question. If you have a 100k account with 10 lots max, and you enter "2" in the blank spot of the live trader agreement, then you just agreed to trade one-fifth the size of your allowable limit. Since you cannot add to a loser, and you cannot add to a winner until you have reached 1k...

If it's the "Average Net P&L" for EACH product, then the way I read it is as follows: After ten days if you are only trading say, ES, and by the 11th day you are still in a draw, then you're back to sim, even if you are still within the trailing max drawdown. If you trade ES for ten days and...

There aren't many equity prop firms (if any) that will open an account for <$2,500 to begin trading. Most require a minimum of 5k. Check the threads for "Series 56 firms" and you'll find the list. If you truly want to trade stocks at a firm, then at least go with a U.S. registered firm...

Thanks. I look forward to trading another combine within the next month and implementing the Junior Trader rules to the combine.

If you review the rules comparison chart then you'll see the differences between the combine vs. junior vs. senior. Regarding the "micromanaging" of positions, I'm not really sure, that was the op's experience. I think once you start trading live, there shouldn't really be any ambiguity. The...

My interpretation is you have to write down what size you will start with as a Junior Trader. Let's say for example you write down 2 lots as your maximum starting size. Therefore, your entry would always be either 1 or 2 lots, since two lots would be your max. In that scenario, since you...

Actually, they spell out the rules quite clearly in the Rules Comparison Chart: http://help.topsteptrader.com/knowledgebase/articles/241566-rules-comparison-chart The big difference is from the combine to Junior Trader, where there is a set of "Additional Rules" already mentioned in this...

I think that's a reasonable argument. The rules are quite clear on the site. Once the trader and backer agree to the rules, then they should not be changed, unless it's in the trader's favor. The op said the trades were being "micromanaged" however the trader did not want to elaborate...

Currently, there are "additional rules" that a trader has to follow if they go live as a Junior Trader and before the get to Senior Trader. As I mentioned, they are as follows: 1. Predetermine the share size for the first entry. 2. Can't add to a losing position . 3. Can't add to a winner...

I think austinp nailed it. There should NOT be two sets of rules, period. Otherwise, a trader doing the combine will get the false sense of security that he/she can trade in the same manner with a live account, even if they met the parameters of a combine. And yes, things CAN be automated...

Right, however the main question as I posted earlier is whether or not the additional parameters are going to make it prohibitive to take a check. That is the true "litmus test" regarding the TST opportunity, not the combine itself.

Interesting post. The entire business model rests upon the idea that if you pass a combine and the live prep, then you will get a funded account. The rules clearly spell out that not all traders will be asked to perform a live prep, but some will. Your post is vague and doesn't mention...

I highly doubt traders are viewing TST as simply a training tool. You can get an AMP or MIRUS account with Ninja and trade sim for months at a time with no cost. Sure, TST will enforce certain parameters during the combine which builds discipline. The purpose of getting backed is so that...

Yes, I totally agree. I think it's important to review the rules for the "Junior Trader" status, regardless of what combine a trader decides to take or whether or not the trader is asked to take a "live prep" combine. They are listed in the link here...

Most prop firms cater to remote daytraders and therefore your strategy to hold for several weeks won't apply.