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    Wall Street closed

    LOL, you're the one that posted the thread with an incorrect headline. It's all good Mav, happy trading tomorrow, should be interesting to see if trading volumes are impacted.
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    Wall Street closed

    "Wall Street closed"...really? http://www.cnbc.com/id/49588024 "NEW YORK - The New York Stock Exchange plans to open for trading as usual Monday, even as Hurricane Sandy barrels its way up the Atlantic. But the stock exchanges expect to open for regular hours. The Nasdaq OMX Group...
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    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    It seems there are many who have tried the T4 platform and have the same issues regarding order placement. I had several screw ups during the 14-day trial regarding the "T", "S" and "OCO" orders. You have to make sure if it's highlighted or not, or it makes a difference in how the order is...
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    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    I'm waiting for a response to an inquiry I posted on the Q&A thread regarding a custom combine. Not sure what announcement they're making however if any changes are favorable to the trader then might as well wait.
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    Problem recovering my funds from Globus Trading LLC

    Looks like the site is no longer operational and has the message "under construction". It's never a good sign when a firm's site abrubtly shuts down, especially when there are traders seeking the return of funds. This is exactly what happened when Team Trading shut its doors in March of...
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    Problem recovering my funds from Globus Trading LLC

    Here's a suggestion: Try and locate where their LLC was filed. You may have to search a database of the division of corporations (or whatever equivalent) in the province they are registered. It will have an address. It could be their real address, a "shelter address" which is a generic...
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    Problem recovering my funds from Globus Trading LLC

    Did you try the address on the link I posted from Yelp.com?
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    FB - Earnings Oct 23, Tuesday. I recommend Calls.

    Right, any potential gap up in after hours is a bonus for current employees, although they have to wait until the 29th to dump their shares to the public. The remaining insiders get to sell a huge chunk on the 14th as you mentioned. Here's an excerpt from their 8K public filing with SEC...
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    Need to be registered Investment Adviser for LLC?

    Here's the SEC link for the definition of an IA and exemptions. http://www.sec.gov/divisions/investment/iaregulation/memoia.htm
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    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    mp: any updates to allow a continuous trading period for the 20 day combine? (i.e., trading any day during the 60 calendar days with a minimum of 20 days)?
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    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    Ok I see what you're saying. However, it is possible for the backer to lose more than the "bagged profits." Here's an excerpt from the Q&A thread:
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    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    Yep, I overlooked it, the page only reflected the trades for the Euro currency. Here's the refund criteria: Deposit will be refunded once all Combine trading days (10 or 20 days) have been completed, if the following requirements have been met: 1. Daily loss limit has not been hit...
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    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    I see your point and you're right, it becomes more risky for the backer if the trader pulls their profits to remove the cushion. From the "Drill A Scout" session, someone asked this very same question, regarding the maintenance of the profit cushion. From what I recall, it was stated that...
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    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    What's interesting about Maverick's combine results is he has thus far met all three performance metrics and has a winning % of days greater than 50%. (According to TST rules, you need to meet two of the three performance metrics). In other words, even if he does not meet the P&L objective...
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    Prop firms sponsor for series 7?

    Ya, some of the Series 56 questions are tricky, and there's some guesswork required. However it's much less comprehensive than taking the 7. Traders on these boards have passed with both the CBOE study guide or Pass Perfect. Here are the links...
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    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    A few points you're missing: 1. TST generates fees from combines and memberships. They could also be splitting those fees with PTP (Patak Trading Partners), a.k.a. "the backer", so your assumptions have to take into consideration if the backer has fee arrangements from TST for revenues...
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    AAPL: Buying the Dips!

    Yes, of course SPY and QQQ are tracking indexes. Also, there is always "business risk" when choosing a stock over an index, so the upside must provide more potential in order to justify the risk.
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    AAPL: Buying the Dips!

    AAPL currently pays $2.65/quarter dividend, or $10.60 annual per share. At the current closing price of Friday, it represents approximately a 1.7% yield, slightly lower than the current yield in the S&P. However, at some point the yield creates a floor on the stock when it becomes...
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    Problem recovering my funds from Globus Trading LLC

    Their site has a disclaimer clearly stating they are NOT registered with any regulatory body. So basically you're dealing with a private LLC. There are many warning posts on this site about unregistered firms. I have no knowledge or connection with this firm, however after a quick...
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    Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

    Adapting to a set of rules to pass a 10 day sim test may not accurately reflect how one will trade in a live account. Trading habits (good and bad) develop over time. Given the current parameters, austinp is facing the same predicament as the prior three CL traders who eventually got funded by...
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