How profitable are the traders and coaches at tst ?

Quote from Crispy:

But when someone comes back with sarcasm first and foremost regarding a serious issue/libelous claim...
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First, I didn't know I have to teach Capitalism 101 on ET. I am not going to teach Common Sense 101, because you either have it or not.

Second, there is nothing libelous about it. It is good business practice, if I might say, I mean increasing profits. We asked Patak, and he didn't give a straight answer. What does that tell you? All he had to say, a simple no....

Third, if you had a little brain you would know that unless you are a TST insider, nobody could/would provide evidence, so asking for it just proves how naive you are. But there is still such a thing as indirect evidence, and I was trained on years of watching House and CSI... Just enhance it and you will see it... :)

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You should actually give me credit. The title of this thread asks just How profitable teachers are at TST? I don't even care. I want to know why don't they use the profitable and easy signals to make more money? :)

It isn't like I am the enemy. I am telling how to make their model more profitable, if they haven't figured it out yet, but I am sure they did.
 
Quote from Maverick74:

Probably the opposite. The best trades are going to be the ones with the least traders involved. Think about it. You do NOT want to follow the herd.
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I was thinking more along the lines of;

They plot all of the trades done by all of the traders (daily), see if there are any correlations to be exploited, whatever they maybe.

Think about it. You do NOT want to follow the herd.
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Allow me to show my ignorance, with a pic.
 

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Quote from Pekelo:

First, I didn't know I have to teach Capitalism 101 on ET. I am not going to teach Common Sense 101, because you either have it or not.

Second, there is nothing libelous about it. It is good business practice, if I might say, I mean increasing profits. We asked Patak, and he didn't give a straight answer. What does that tell you? All he had to say, a simple no....

Third, if you had a little brain you would know that unless you are a TST insider, nobody could/would provide evidence, so asking for it just proves how naive you are. But there is still such a thing as indirect evidence, and I was trained on years of watching House and CSI... Just enhance it and you will see it... :)

--------------------------------------

You should actually give me credit. The title of this thread asks just How profitable teachers are at TST? I don't even care. I want to know why don't they use the profitable and easy signals to make more money? :)

It isn't like I am the enemy. I am telling how to make their model more profitable, if they haven't figured it out yet, but I am sure they did.
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Capitalism 101 - if the math doesnt work you wont make a dime. TST would have zero chance of making a dime piggybacking

Not libelous? Ha. And why would Patak even bother to reply to that? It is against industry regulations to piggy back. We assume innocence, until proven guilty for a reason in this country.

Give you credit for what? Stating the obvious? Of course nobody could know. Again..innocent until proven guilty in this case as its against industry regs to piggy back.

One more time - Capitalism 101 - if you can make it better, build it. re "I am telling how to make their model more profitable".


I am going to cut my losses here and be done.

Trade well.
 
Quote from Crispy:

Capitalism 101 - if the math doesnt work you wont make a dime. TST would have zero chance of making a dime piggybacking
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Nice claim, where is the math proving it? Did I miss it?

Not libelous? Ha.

Why would it be if it is in a form of question? You know, Jeopardy-like...

As Volente pointed out earlier, if they have it covered in the contract (they can use the signals any way they want) it is not even illegal. Read the contract you signed...

And why would Patak even bother to reply to that?

First, because it was in the TST AMA. Second, he did bother to answer, but instead of a simple yes or no, he went into the trouble of giving an ambiguous non-answer. Explain that away.

It is against industry regulations to piggy back.

Really? For everybody? What do C2 subscribers do? Again, it depends on your business model. Read your contract...

Stating the obvious?

Apparently, that's what I do... :)

I didn't fail to notice that except the "it is illegal" argument, you didn't have anything logically or business-wise argument why they wouldn't/shouldn't do it...
 
Quote from Tonkadad:

I was thinking more along the lines of;

They plot all of the trades done by all of the traders (daily), see if there are any correlations to be exploited, whatever they maybe.



Allow me to show my ignorance, with a pic.
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Tonkadad, I wish it were that easy man. Boy do I. Look, I'm being really genuine here.

Read this book:

http://www.amazon.com/Managed-Tradi...qid=1378395957&sr=1-13&keywords=jack+schwager

The data is overwhelming. It's honestly the best research I've seen on the topic at hand. There are a lot of guys here on ET that just are not good with numbers (not talking about you) and they simply don't understand the complexity mathematically speaking of piggybacking.

This is an excerpt from the description of the book:

The following are some of the many topics covered:

Why "actual" trading results are sometimes a misnomer
Why many investors in managed futures lose money even when they select a winning manager
Why shifting assets from "winners" to "losers" is often an excellent strategy
Why it is usually better to invest in managers when they are experiencing drawdowns as opposed to when they are on winning streaks
Why the actual performance of funds and pools routinely deteriorates dramatically from the prospectus results
Is past performance predictive of future performance?
Is the addition of managed futures to conventional portfolios beneficial or detrimental to performance?
Is diversification beneficial?
Performance measures: conventional and new
Why all conventional CTA indexes are misleading
 
pekelo

Stop cluttering up the thread


The topic is profitability not conspiracy theories about pigs.


Crispy


Do you know if any traders are making over 30k now ?


Are any making 100k ?
 
Quote from Pekelo:

Nice claim, where is the math proving it? Did I miss it?

Not libelous? Ha.

Why would it be if it is in a form of question? You know, Jeopardy-like...

As Volente pointed out earlier, if they have it covered in the contract (they can use the signals any way they want) it is not even illegal. Read the contract you signed...

And why would Patak even bother to reply to that?

First, because it was in the TST AMA. Second, he did bother to answer, but instead of a simple yes or no, he went into the trouble of giving an ambiguous non-answer. Explain that away.

It is against industry regulations to piggy back.

Really? For everybody? What do C2 subscribers do? Again, it depends on your business model. Read your contract...

Stating the obvious?

Apparently, that's what I do... :)

I didn't fail to notice that except the "it is illegal" argument, you didn't have anything logically or business-wise argument why they wouldn't/shouldn't do it...
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If 99% are losers, how is piggybacking going to earn? Is remedial math the class now?

I have read the contract. Did you? I dont recall anything about using the signals. If its in there I forgot about it.

Yup. Capitalism 101 again. If its legal..do it. If its illegal dont do it. If its gray area, get a great fucking legal team and then do it until its red. C2 is not an NFA or FINRA member firm are they? lol....cmom man. C2...

Again, my only horse in this race is the small piece of pie that I have earned the right to trade there. Good thing today is slow for all my income producing ventures or I should hang myself for posting this much.
 
OK, I will follow Volente's request and not to go offtopic here anymore, although his question also belongs to the non-answerable category... :)

Quote from Crispy:

If 99% are losers, how is piggybacking going to earn?
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Dude, seriously. Who said you copy everyone*? Did you miss the world candidate? I identified 2 recent funded traders whose styles are perfect for backing with big size. I am not going into details what style is good for a piggy ride, because it is obvious... I mean for people with common sense...

* I guesstimated that there are probably 5-7 good candidates out of all of their live traders, but you do have to read my posts

Quote from volente_00:

pekelo

Stop cluttering up the thread
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It is not like there was any activity or ontopic posts, but whatever you wish... TST is probably happy if we drop the topic... :)
 
Quote from Pekelo:

OK, I will follow Volente's request and not to go offtopic here anymore, although his question also belongs to the non-answerable category... :)



Dude, seriously. Who said you copy everyone*? Did you miss the world candidate? I identified 2 recent funded traders whose styles are perfect for backing with big size. I am not going into details what style is good for a piggy ride, because it is obvious... I mean for people with common sense...

* I guesstimated that there are probably 5-7 good candidates out of all of their live traders, but you do have to read my posts



It is not like there was any activity or ontopic posts, but whatever you wish... TST is probably happy if we drop the topic... :)
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Do you think that a candidates combine performance would merit a piggy backing campaign with real money?

How many days of live performance stats would you need before you could justify the move to illegally copy a traders executions?

Is it easier to make money offering a legal service instead of breaking the law?

^These are the questions that a sane business man would not even ask themselves.

The risk in piggy backing does not merit the reward. The illegality plus the inability to know if a trader has long term staying power to keep his PnL green is enough to halt that thought process before moving any further with the idea.

Thats common sense. You know, like the common sense it takes to trade successfully, or do you?
 
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