Quote from Maverick74:
You had to REQUEST that.
No, I didn't request anything. It is automatic, but I am done with you. The #1 rule of Shilling for a Company is: Know your product!
But anyway, here is the philosophical question, for others, not you:
If the last quarter was your best one as the numbers of funded traders go, why would you change the rules again, when the generic rule is, don't change on a winning team/formula? (For the record, they just reverted back to the original rules what were in place before February.) Possible reasons:
1. The real money making side of TST is the Combine and not the funded traders, thus if it is too easy to pass/get a refund, less fees are coming in. Most likely.
2. The quality of funded traders are not as good as before. Possible, but the stats are still there, only the profit target was lowered. So really, I don't see this as a valid reason.
Here is what they say:
3. " A trader that treats every day with the utmost importance. This was effective prior to TST introducing the minimum Combine and it will continue to be effective after removing the minimum. If you guys think I'm wrong look at the trade reports for those that have been funded.. They use 10 or 20 days depending on what they signed up for. They do not use 42 days.
We have studied this for a while and concluded that the minimum Combine format needed to be adjusted. It will be adjusted next week. In the last three years we've made continuous changes to the Combine that are in the trader AND equity partner's best interest (as we represent both). This is our most recent change and we look to produce even better talent going forward."
If I am reading this right, he is kind of saying that the talent level is better in the old way, and anyway, most successful passers are taking only 10 or 20 days...But so what? If it takes me 15 days instead of 10, I still have to pass the Live Prep, so there is no harm in letting me try to do it.
By the way anyone dreaming to get a paycheck from TST, the hurdles are the following, because they are not entirely clear on these:
1. Pass the Combine.
2. Pass the Live Prep.
3. Pass the Interview. There is a recorded interview and you can still be rejected for a few reasons, like not being able to speak/understand English very well or having a shady financial past, and so on....
4. Build the profit cushion, once you are Live.
If you have successfully passed these 4, congratulations, you can request a paycheck...
