Search results

This is all I have. LOL. I am out of here. Keep promoting Patak, but I still maintain a better option for you is to come up with your own BETTER combines. That will help newbies also. These Patak combines is the worst.

This is all I have. LOL. I am out of here. Keep promoting Patak.

I posted it on the other thread, but re-posting here as this is important information. From the poll, its clear that still almost 50% of newbies think Patak is a good opportunity. A big reason for their thinking is because a very respected ET member who is amazing at creating illusions of...

From the poll, its clear that still almost 50% of newbies think Patak is a good opportunity. A big reason for their thinking is because a very respected ET member who is amazing at creating illusions of reality using words, is defending Patak like a Shield. So, this is the Bitter Truth about...

good post. Unfortunately, many people still don't realize that this firm is BS. Look at the poll that colonial dr has started. Almost 50% still have a positive feel for it. As I said in one of my earlier posts in this thread, when you have 1-3 million on line, touts and pimps abound. I am...

Just stop the conversation about ES CL etc. This thread is about the Bitter Truth of Patak Trading. I am going to drop an atom bomb! Watch out. Give me 10-30 minutes.

I hope you will read my post without any prejudices! Threads like these are the very reason where ET shines. Vendors always want to deal with customers on a one-on-one basis. They want us to pick up the phone and talk to them directly. Because they are well prepared with a great marketing...

Volente you should also start a combine. I know you make a good coin from your trading. But extra income doesn't hurt. Bring a great product to the market. People who are looking to get an entry into futures world but can't get into Infinium, Jump etc. will benefit.

Look forward to read your journal. Good Luck!

Hey there, Absolutely feel free to design the way you deem appropriate. See, this is a fantastic business model. Just find your niche. You have a good name at ET. Leverage it. Give people a good option compared to the shittt that they get now in the market. If you become successful and make a...

MBA - Don't ask the year please. Never wanted to disclose it here on ET but when I attacked Maverick for complicity with Patak and his blind followers attacked me with amazing insults on the other thread (Mods cleaned the thread lateron), I disclosed it in a moment of insanity. LOL. Donald...

Yes, add it. Should be number 1 on the list.

I read this again and I think I will agree. There is value in what you are saying and till now I have failed to see this value. I ADMIT! and I am serious! So, we agree that Patak can't make its traders successful, Mav himself talked about a 1% success rate. However what a firm like Patak can...

Good point and a fair assessment. Thanks!

One more thing Baggerlord. If anyone asks me what are the things that predict ability of a person to become successful trader, I will list following. Patak doesn't help in any of these. So, it really doesn't matter if a trader goes the Patak way or not. Whether he will succeed or not is...

Baggerlord, we are getting off the discussion. I appreciate your comments. The reason why I have been so incessant in questioning Patak's 'true' business model is because I know this business is tough and have experienced it firsthand. I don't want new traders to get fooled unnecessarily with...

Just trying to model the business model using 'reasonable' assumptions. When I said success rate increases to 10%, this increase in success rate applies conditionally only to combiners who made it the first time. For the guys who could never make it the first time, the success probability...

You know Mav - you are a master at manipulating situations and people with words! But you found in me a master at punching holes in your elaborate stories with numbers! LOL. You would have made it very far in life had you gone to Harvard Business School. You are like Harvard MBAs - you talk...

Yes thats personal account. in my post above, I mentioned the risk limit I had at the prop shop where I was for a short time.

Winston, Mav said he has friends who cleared 7 figures, so I asked him to post their risk limits. Just for newbies education point of view. Btw, I was at a shop for a short time and my daily risk limit was 15k, and monthly loss limit @ 50k, if I hit that I don't trade for rest of the month...