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  1. G

    The bitter truth about Patak Trading

    Well, Good luck then. Seriously, Good luck! I just want every potential recruit at Patak to know how hard the challenge is really! After knowing the challenge well, a potential trader can make a rationale judgement about their chance of success.
  2. G

    The bitter truth about Patak Trading

    Wide Tailz, I don't need any help from any prop firm. Not sure why you think I need any help from any prop firm!?!? Based on my attitude, please feel free to trash my personality and elevate Mavericks and others personality. I don't really care :D However, if you can punch holes in my...
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    The bitter truth about Patak Trading

    It will be good if Mike Patak is going to respond on this thread. He should clarify the discrepancy between PDF last line and above line. Do you have link for this? Because I remember reading on their website yesterday that you will need to make the money back after you come to live, in case...
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    The bitter truth about Patak Trading

    Thank you very much for making a sane response and moving the thread away from Maverick! I appreciate it. In my own strategies, I strive to achieve annual PF > 2 for last 7years or more in historical backtesting and at least 1-1.5 yrs of forward testing. But I have a strategy where PF = 1.57...
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    The bitter truth about Patak Trading

    You can't read!!! I have already said multiple times in this thread that I will do a public apology to Maverick if I am wrong about him. I even wrote this to him on PM. After that, I have said multiple times that topic of discussion on this thread is not Maverick but Patak. But the problem...
  6. G

    The bitter truth about Patak Trading

    Thanks, so this information is directly at odds with the information in their PDF. Not sure which one is correct. LF - I asked you before. Let me ask you again. You know I mean no disrespect. I just want everyone to realize how hard the bar is! Do you think you can achieve a PF > 2.14 on...
  7. G

    The bitter truth about Patak Trading

    Yes, Mav is quoting it from some place on TST website. Mav, can you send the link where you are quoting this from ? Mav or someone else needs to clarify about the point #10 in the PDF. That is clearly at odds with this statement. And that PDF is available on TST Website currently. Which one...
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    The bitter truth about Patak Trading

    Dude, that is the point. If they are true prop backers who are only interested in discovering and developing GREAT trading talent and sharing a PL split, they should pass the lowest possible commissions to the traders. They claim they are helping traders by making them do combines, by making...
  9. G

    The bitter truth about Patak Trading

    Hey Baggerlord, I have read your earlier posts and you are a reasonable poster, I know. Looking at the way Maverick has been promoting Patak on "Patak Trading" thread, my original hunch was that Maverick is associated with TST. But he then came and said he is in no way associated with TST. And...
  10. G

    The bitter truth about Patak Trading

    TST has around 50 live traders. I think exact number is 48 as Maverick pointed out in "Patak Trading" thread. Given their criteria is so hard, its fair to assume for every 20 traders that go through combine, 1 becomes live. So, they should have at least 50*20 = 1000 traders doing combines. If...
  11. G

    The bitter truth about Patak Trading

    This thread is not about Maverick, this thread is about TST misrepresentation of their business. I mentioned Maverick because I was shocked to see him blatantly promoting a firm like TST in the first place. It will be great if you can go through the logic and numbers I wrote in the first 4...
  12. G

    The bitter truth about Patak Trading

    For the moment, just clarify this PDF point # 10. It doesn't match with your claim that live traders don't have to maintain the combine performance. Enjoy your vacation - kindly respond to my top 4 posts in this thread, once you are back from vacation. I have no personal interest in this...
  13. G

    The bitter truth about Patak Trading

    Forget about NFA ID thing etc. You had originally made that offer. I have no interest in pursuing that. Maybe if we meet in Chicago in person, you can give me your details then. I have already mentioned my problems with TST in my first 4 posts on this thread.
  14. G

    The bitter truth about Patak Trading

    Fair enough. I can't call you - its just a bit hard for me. You first offered that you can PM me your name and NFA ID. But in any case, I won't accuse you of backing off. The big question is not whether you are associated with TST or not. Rather the big question is if what TST claims is...
  15. G

    The bitter truth about Patak Trading

    http://www.topsteptrader.com/fundedtrader Last line, PDF opens clicking on trading plan. Please check the point #10 in the PDF. It states 10. Continue to adhere to the Combine performance requirements. If this is is not true, then it will make my case against them a bit weaker. But it...
  16. G

    The bitter truth about Patak Trading

    I have told Mav that I won't be able to call him as currently I am out of mainland. I have asked him if he can send over his NFA ID and his name over PM or over email? I would love to verify from the NFA site and the link that he sends me that he has no association with TST. Once I verify it, I...
  17. G

    The bitter truth about Patak Trading

    So, in his custom combine, he got exemption from these 2 points. Since from the link his av. win is < his av loss and his av win duration < his average loss duration. 1) Overall Average Win greater than Overall Average Loss 2) Overall Average Win Duration greater than Overall Average Loss...
  18. G

    The bitter truth about Patak Trading

    I confirm Mav did send his cell number to me. I would love to be proven wrong about Mav's association with TST. However, my initial points still stand that TST is not being completely honest about their true motive.
  19. G

    The bitter truth about Patak Trading

    I have already given enough evidence and proof that TST business model is not as what they claim using my first 4 posts on this thread. I have pointed you and others to "Patak Trading" thread where Maverick has been touting Patak endlessly. There lies your proof for me making an accusation...
  20. G

    The bitter truth about Patak Trading

    You need to reach 15k and after that you are not free to do whatever you wish. You can negotiate, maybe just maybe they will allow you a 4k loss limit. But as of today, you just don't know how much will they negotiate. Correct! http://www.topsteptrader.com/fundedtrader LF - do you have a...
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