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Didn't they snub "The Passion of the Christ" as well? That film only made 750 million worldwide. It was slightly overlooked at the awards. :)

Max, what do you think the odds are of it being nominated for an Academy Award for best documentary? :)

I lived in Presidential Towers back in 99! I actually didn't like the place that much. It was too nice. Felt like a hotel. When were you there?

Ask and you shall receive... 2.63 and 2.95 We bounced off the failed monthly A down and shot straight up through the monthly A up. Monthly number line +7 5 day number line +5

Michael, this question got buried in the rubble from earlier. I'll repost it here. I have a suggestion for a change I think you guys should make that you should seriously consider. Right now as you have it, when traders go live you start them on a 60/40 split and you let them build up...

Looks like another funded trader. A 50k account trading crude oil. This guy made it by the skin of his teeth. Nice consistency for crude though. http://www.topsteptrader.com/fundedtradereport

Surf, 150 pts is explosive? Isn't that just two ATR's?

Let me know when you want to grab that beer. :)

Welcome back Michael. There were about 450 questions asked while you were away. LOL. I think the moderators cleaned up some of the troll mess so going forward, the dialogue should be a little more constructive.

It's all over the place. Some firms are as low as 10%. the bulk are probably 40/60 to 50/50/. A lot of firms use the pool approach. For example at Simplex, everyone gets a base salary and at the end of the year, you split the p&l of the entire group among all the guys in that group. One for...

I quoted you word for word what his scout said. By the time you go live you should have already "proven" you have risk control. That is why the damn combine is so hard. This is not that hard to understand. And yes, I look forward to those beers. :)

Right. As I've stated before, this deal is good for those who don't have the resume to get hired by a real firm and don't have the capital to self fund. They really don't have any options. You can't trade futures with 2k or 3k because of the size of the contracts. You'll blow out in 3 days...

OK, you are still struggling with this. On the 30k account, they cut you off at 29k...period. So if your account gets up to 38k lets say, they are not going to cut you off till you lose 9k (38-9=29k). What they are saying about the 5k cushion is, they have certain rules you have to follow...

Here is the actual quote: "Our traders are allowed to lose twice the amount of their daily loss limit (BELOW the initial balance)."

We've been over this, that is 100% false. Go back two pages. I posted word for word what they said about this? Are you really this dense. It is stated very clearly, "below the initial balance". I'm sorry, I want to leave this alone but you are really struggling to get the facts straight...

"mav rolls eyes" Because they are trying to keep guys from going live to combine to live to combine to live to combine. Every time they go live again, their losses are wiped out. I'm making the argument that if the investor got to lock in some p&l, he would be willing to let the trader...

It matters because it contradicts 100% of what you said. You said that they throw you back to the combine if you are up 10k and give back 1k. That is 100% false. Now you are reverting back to "I don't care what you say the program sucks" attack. LOL. Dude move on. You don't like it...

A buddy of mine who runs the largest option prop firm in the Chicago area gave me his numbers of what happens when guys go from getting a salary and a bonus trading firm money to trading their own capital within the firm to get a higher payout. He said there was a very steep dropoff when guys...

I don't think there needs to be a cushion. If any of these guys make money, grab it! Pay the trader, pay the investor. Seriously I've been in this business awhile. It's all good and well to tell guys to build up equity and eat their vegetables but the reality is, these guys are more then...

Yeah not so sure about that. All the deals I have seen where a trader takes out profits, the firm always wants their cut at the same time other wise you risk the trader walking away with his money and then losing the investors. If I'm the investor, I want to get paid. Either we both take it...