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  1. M

    "Arbitrage" Movie

    <iframe width="560" height="315" src="http://www.youtube.com/embed/waORywYAG7Q" frameborder="0" allowfullscreen></iframe>
  2. M

    "Arbitrage" Movie

    http://www.imdb.com/title/tt1764183/ I'm surprised no one has mentioned this film yet. Sept. 21st A troubled hedge fund magnate desperate to complete the sale of his trading empire makes an error that forces him to turn to an unlikely person for help.
  3. M

    Surf's Special Situation Journal

    Surf, I just checked, did you know that 31% of the float is short? I have found this to be a very dangerous trade when a stock is breaking out with that much of the float short. Look at the charts of SHLD and WTW to see examples where they can double in price only to collapse later but that...
  4. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    I don't man. I'm dead serious. It won't. I know guys who are addicted gamblers. Guys that bet sports and play cards. Guys who lost everything 100 times over time and time again. They will always scrape some cash together to go for another run. It's an addiction.
  5. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    Can I ask you an honest question? Are you still in High School? And do you live with your parents? You don't have to answer. I just thought I would ask.
  6. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    no, no, no LOL. I'm sorry, I'm not buying this. Baseball is different. The whole world is watching you fail. That's tough. You can work at Best Buy while doing this. If the cost is gone, guys will keep trying. No way am I going to agree with you on this point. You act like it's some...
  7. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    Gmst, look, I think if you send a sincere note to Michael, he will refund your combine fee for you. Just tell him you tried as hard as you could and you just couldn't do it. Nothing wrong with that. Some people are not cut out for this. I think he'll give you your money back if you ask nicely.
  8. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    Oh yeah, Michael provides girls for me on the weekend. That was a good line.
  9. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    Wow, I might have to take some ambien tonight. I don't know how I'm going to sleep. :D
  10. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    Good question and a fair one. You are right, the failure rate for futures is high but let me tell you why I believe it's high. Living in Chicago and being very good friends with many of the big and small FCM's in this town, I would say most guys fail due to not being adequately capitalized. A...
  11. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    You can't do it!!!! No dude, it's all clear now. We're good. I'll leave you alone. I should have known that after you blew out your FX journal on here. Alright man, have a good night. We're cool.
  12. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    No, see that is my point. They have zero incentive to quit because they no longer have to pay for the combine. Are you going to look me in the eye and tell me after you already passed the combine once and went live and took a hit, that you are going to roll over and just quit? Are you that...
  13. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    Dude, I think I get it. I can't believe I over looked this. You simply can't trade. Their combine is not that hard dude. It's hard. But it's not impossible and no way in hell is it 1000 to 1 odds. I think the only reason you put the odds that high is because YOU can't do it. Stop...
  14. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    Rare? Wait. That's what not what you said earlier. I thought we both were in agreement that most of these guys that go live are NOT going to make money. Are you changing your story now and saying they are great traders? Let's get your fiction straight. Do you or do you not believe the...
  15. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    The deposit cost depends on the size of the account. On avg it's 200 bucks. And yes, they will allow the guys to lose whats in their contract. I was being conservative with the two combines as they claimed they would let a guy fail 4 times. So the 150k combine you get booted after 6k in...
  16. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    Depending on the combine it's anywhere from 2k to 6k in losses. And he stated they have reset the losses as many as 4 times. So let's be conservative and take the midpoint. That would be two combine re-sets at 4k each. That's 8k in losses times 8 traders. That's 64k in potential losses.
  17. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    I did a simple search in 5 seconds and found several on linkedin. It's not that hard bud. Please make an effort.
  18. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    Those 8 guys could easily go through 30k in losses. Or are you saying they are great traders now?
  19. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    Here is the last guy to go live this week. Lucias, if he can do it, so can you!!!! http://www.topsteptrader.com/fundedtradereport
  20. M

    TopstepTrader and Patak Trading Partners- Any and all questions answered here

    500? No way! I'll take that bet right now! No way are they getting 500 "new" combiners every month. Michael, I know you don't want to give out numbers, but please verify this. The closest data we have is back in April they had 500 total combiners. Which Michael said a large part of were...
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