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  1. G

    The bitter truth about Patak Trading

    Hi, Thanks for your good words and support. I have been bruised by the numerous attacks on myself and my intelligence on this thread :) I will tell you how I got involved into all this back and forth with Maverick and his followers. One ET friend who had helped me earlier on couple of...
  2. G

    The bitter truth about Patak Trading

    Agreed Combine and Live traders trade very very light. Still, if you pass on the lowest commissions (still charging full exchange fees) I calculated and showed in my post# 2 that every trader on average will benefit between 250 and 554.40 USD per month depending on 50k or 100k account. For a...
  3. G

    The bitter truth about Patak Trading

    Hello! Maverick posted earlier in this thread: "And as far as I know, Michael still trades on the floor of the CBOT in the Dow futures pit. His acronym is PTK. He's been down there for over 10 years. Coincidentally, I use to trade in that pit as well back in the day." A bit odd that you...
  4. G

    ES Journal - 2012

    good one
  5. G

    ES Journal - 2012

    covered @ 1398. Should have covered yesterday itself. Now, long 2 ES @ 1398 stop at 1394 Edit: Adding long 2 ES @ 1400 So average 4 long @ 1399 Stop 1394 on all.
  6. G

    The bitter truth about Patak Trading

    Also, Patak wants to make money, so they will make money from the split of 20-40% from the trader's PL. But they want to make money from commissions as well and they want to make money from combines as well by churning traders. All this I have already detailed.
  7. G

    The bitter truth about Patak Trading

    The offer in this case is like 10 big figures away from market. So, the transaction should not happen, however the bid-side (Traders) are getting fooled in thinking the offer is too good. This is my beef in short. I really need to sleep now. I will post some numbers tomorrow, hopefully then...
  8. G

    The bitter truth about Patak Trading

    Alright, thanks for that clarification that your comment was not personal. As I have repeatedly said on this thread, I have absolutely nothing personal against you. All the questions I have raised about your thoughts about TST - should be taken as a discussion about the subject matter at hand...
  9. G

    The bitter truth about Patak Trading

    You called me "some little shit". At least I never called you anything as cheap as that. Maverick, I think it is fair to say that you have lost 'some' respect in eyes of many guys on ET, who might not want to admit it openly, because they fear attacking response from your blind followers. The...
  10. G

    The bitter truth about Patak Trading

    Thank You Very Much!
  11. G

    The bitter truth about Patak Trading

    Sorry, you are a bit abstruse or maybe my head is spinning from all these attacks on me :) Do you think my logic makes sense or are you with the majority who think I am a fool in trying to dissuade them from joining Patak!
  12. G

    The bitter truth about Patak Trading

    I am really wasting my time on this thread. My intention was to just advise my ET friend when I started this. Why do I care if noobs want to go and get slaughtered at Patak!
  13. G

    The bitter truth about Patak Trading

    Unfortunately, MOST of the people who join combines will turn out to be losers because you don't understand the maths behind the performance numbers. You have no idea what you have to achieve. I will do a followup post in sometime about the hidden maths behind those performance numbers. Maybe...
  14. G

    The bitter truth about Patak Trading

    Never thought I will have to divulge it here on ET. But insults are just getting a bit too much for me to digest. FWIW, I am a Wharton MBA.
  15. G

    The bitter truth about Patak Trading

    Really, Thank you very very much for coming up with an intelligent response! Yes, 300k is gross income, not net income. Of course, I don't know the exact numbers, these are just assumptions that I am making. Lets say even if the average combine is 200$, gross income from combine is 200k. One...
  16. G

    The bitter truth about Patak Trading

    Maverick - Worshiping just doesn't stop :) For the last time, this thread is not about Maverick, this thread is about true reason behind Patak's existence. Just prove my logic and my numbers are wrong. You have read the whole thread. Please concentrate on my first 4 posts and show me where I...
  17. G

    The bitter truth about Patak Trading

    Anyone who reads the other thread "Patak Trading" will be amazed to see the lengths to which Maverick has gone to defend and support TST. The incredible amount of his involvement there raised my suspicion that Maverick is involved with Patak Trading. Even though since then he has claimed that he...
  18. G

    The bitter truth about Patak Trading

    Thank you very much for a thoughtful response. I am saying that TST is misrepresenting, their only interest is to make their 1-3 million per year and keep churning traders. Their main interest is not to have a long term relationship with a profitable trader. Otherwise, they will help the...
  19. G

    The bitter truth about Patak Trading

    Unfortunately, you are not prepared to counter me on facts, numbers and logic!!! LOL I am not going to apologize just because most people on ET feel that I should apologize. I will apologize if someone can show me where I have erred in my logic and numbers.
  20. G

    ES Journal - 2012

    Covered 2 @ 1397.25....still keeping 1 short from 1408
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