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  1. M

    The bitter truth about Patak Trading

    Gmst, you keep repeating things I've already said on this very thread. No need to go back into the archives. I have already stated that if I did a combine, it would be MUCH longer. At least 6 months if not 12. The fact that they are willing to take a chance on you after 20 to 60 days is...
  2. M

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

    I wanted to but when I saw how long it got I decided against it.
  3. M

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

    I'm not promoting anything. I'm simply not "attacking" anything. I prefer to discuss things like adults instead of throwing the word scam out everywhere. The funny thing is, I've actually spent very little time defending Patak on these threads. I've actually just been trying to give guys good...
  4. M

    The bitter truth about Patak Trading

    I'm not promoting anything. I'm simply not "attacking" anything. I prefer to discuss things like adults instead of throwing the word scam out everywhere. The funny thing is, I've actually spent very little time defending Patak on these threads. I've actually just been trying to give guys...
  5. M

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

    Copied from the other thread: LOL. A blast from the past. This is the bomb? I have already stated on both of these threads that when Patak went live 2 years ago it was atrocious. I stated that on here already. And it was! They have made dramatic changes to the program that make it workable...
  6. M

    The bitter truth about Patak Trading

    LOL. A blast from the past. This is the bomb? I have already stated on both of these threads that when Patak went live 2 years ago it was atrocious. I stated that on here already. And it was! They have made dramatic changes to the program that make it workable now. It was NOT back then...
  7. M

    The bitter truth about Patak Trading

    Obviously the best of the index family. BTW, if I can further expand on this. One of the reasons why the ES is so tough is because of all the derivatives attached to it. You have the e-mini and the large SP which trades in the pit still. You have the SPY shares. You have options on SPY...
  8. M

    The bitter truth about Patak Trading

    If you don't train newbies on volatility then they will come to fear it once it's in front of them. Pure and simple.
  9. M

    The bitter truth about Patak Trading

    I have. Are you in Chicago? I sound better in person. I've been trading for 15 years, both on and off the floor. I've worked for 4 prop firms in both Chicago and NY and worked for the 2nd largest market making firm in options in the country. Please save the ad hominem for another thread...
  10. M

    The bitter truth about Patak Trading

    Trust me on this. If a guy is starting his journey today he should not trade index products. They force a trader to develop bad habits and it's precisely the reason why you say it's too volatile. Because you are coming from the perspective of a slow index product. A new trader does not know...
  11. M

    The bitter truth about Patak Trading

    Disagree. CL is much easier to trade then ES. ES is a churn and burn machine. CL is hard for "undercapitlaized" guys to trade. That I agree with. Which is precisely why I am recommending it here since capital is not an issue. If you are just starting out right now and have never traded a...
  12. M

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

    Bagger, this is the future of this country here. These kids posting here are all 19-24. When they get out into the real world they will never know what hit them. I'm starting to think Baron should have sold this website at the top. I can't imagine what this place will look like a few years...
  13. M

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

    This analysis is absurd as you basically just said every prop firm out there is a scam. Your post was pure nonsense.
  14. M

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

    I wouldn't. I think daytrading is very different from swing trading and longer term trading in that it's very environment dependent. It's all about the "now". The fact that you killed it back in 2008 tells me nothing of your ability to make money in this shitty low vol tape. I've seen this...
  15. M

    Anti-Obama film going gangbusters!

    Not when they have not even sought to get international distribution. What's the point?
  16. M

    Anti-Obama film going gangbusters!

    Domestic grosses AK, domestic.
  17. M

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

    No it was harder. You had to make twice as much money. And they had this really gay rule where however many contracts you traded the first day, you had to trade the same amount + or- 5 the rest of the combine. Also, to get the free refund you still had to make 50% of the total profit goal...
  18. M

    Anti-Obama film going gangbusters!

    Oh smack! 18.2 million! http://www.boxofficemojo.com/genres/chart/?id=politicaldoc.htm Someone get me Brass on line one. We have a code one here! This movie is set to become the 2nd highest grossing political documentary of all time. It's getting ready to lap Bowling for Columbine...
  19. M

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

    Also, for those of you that wanted Michael to answer questions. You might want to start a new thread. This one has gotten kind of messy and I doubt he is going to read through this entire novel. I would wait to start the new thread till late late late Monday night. LOL. If you start it now...
  20. M

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

    I'll find out what I can. But keep in mind, firms don't like to share this info. In fact, they don't like to share any info. I know their energy desk is hugely profitable and they do a lot of trading over the counter. I'll politely ask some questions.
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