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Bullshit. We have also heard the story of the old retired lady who started from stratch one lot Euro forex to a million $ in 3 years.

There were not many success stories on TST. Maybe 1 success every month. Some months were bare. Bare in mind some funded traders were returned to the combine after failing in live training. But TST really helps one in testing his ideas and improving. Try your ideas in combine. If they work...

I say to use them as training to trade futures which is what I did. I did not get live funded but greatly improved my trading. Had I have used my own capital to trade futures would have been a disaster. A few facts from my time: Almost all the funded traders have a financial background of at...

But before you quit your job, take some time off and try trading. All fortune 500 companies now give employees unpaid time off for personal reasons eg sabaticals. If you can get 3 weeks unpaid time off coupled with 2 weeks paid vacation( a total of 5 weeks) , you may try and trade during this...

I hope this dude is not inthe United States. For his own sake. If you are in the States over 35yrs with no college degree you are in big trouble. You will have a life yes but it will be surviving on minimum paying jobs. Even he gets a college degree ( which will take 4 years min), he will have...

Oraclewizard77 Whats your trading background? If you look carefully at the TST funded traders, most have at least 3 years prior professional trading experience, most have financial backgrounds, most have been funded elsewhere before, most have blown out accounts before, etc etc.

The $5K would be used for leverage not trading per say. I do realize it is impossible to make a living off $5K even $10K even $30K.

BrokerBoy I agree with you. But on that same note it may take you being kicked in the butt being evicted to improve you if you have the commitment. That way if you really want it you will keep coming back. Trading to me is a business. Doing it while comfy makes it a hobby. The best trainer is...

Brokerboy 1 more thing. You have to need money to learn how to trade to be a successful trader. A dude living with his parents after 18 is just not responsible enough in life to be responsible enough to improve himself to trade successfully. I say to let the rent due date approach with you...

BrokerBoy I have come to learn that the genuine (best) Prop firms dont ask for any capital up front. Not 10K, not 1K. Its not that all I have is 1K. Like I said it was the cheapest option I could find. I have talked to some decent ( recommended by people on elitetrader and other places) prop...

I didnt ask for $100K. The idea was to go through their training, be placed on a demo account / paper trade to be evaluated. If successful be placed on a 1 lot account and if showing good result to be upgradaded to higher $. Standard Prop firm stuff. Actually this is what they said would happen...

Thanks But the key is Capital. Can loose but need capital to trade.

Before investing my 1K, I asked them if i need to come up with capital in order to trade using their firm Capital and they said no. I was actually in talks with a diffrerent firm that required a deposit capital. But because they didnt require it, I went with them. That was 4 months ago.

I did hear from them a few days ago. So looks like I am in the final stages where you get to talk to the hedge fund manager about oportunities to trade using firm capital and what he will require one to do..paper trade, test....? In a few days the whole truth comes out. Its been a long time...

-------------------------------------------------------------------------------- Quote from Mtrader: Are you a quant or a wizard???? You and mskkash1 should read my posting carefully and completely. Intraday you can trade with 500$ margin per contract. I said 1500$ per contract, so you...

Still waiting to hear from them with regards to trading their firm capital. I have contacted them but haven't received a reply. I will contact them again. I must admit it is taking eerily long just to get some kind of information.

Have been looking around to trade with a prop firm to gain better insight to trade professionally - eventually on my own. Have traded part time for 3.5 yrs. Was the cheapest option I could find. Registered with them. Paid the 1K. They do have a training program that emphasizes on risk...

The question is how much prop traders net annually? 0-1 yr 1-3 yrs 3-5 yrs 5-10 yrs. I am looking to start trading in a prop firm here soon. As in every career there are several variables that determine how much a professional earns in a particular field. Used to be MBAs start with 80K...

GUYS GUYS GUYS GUYS CMON.....ITS ONLY $700. THATS NUTHING IN TODAYS MONEY. 2 WEEKS GROCERY SHOPPING