Crispy, this will shut him up real fast. Ask him to put HIS money behind all these wonderful systems on Collective2 that are printing money day after day after day. It should be a no brainer right? Who needs TST right? Just back some of these superstar traders with 1000% returns and no drawdowns. His excuses will go on for days. That's what happens when you are full of shit.
How profitable are the traders and coaches at tst ?
- Thread starter volente_00
- Start date
Crispy, this will shut him up real fast. Ask him to put HIS money behind all these wonderful systems on Collective2 that are printing money day after day after day. It should be a no brainer right? Who needs TST right? Just back some of these superstar traders with 1000% returns and no drawdowns. His excuses will go on for days. That's what happens when you are full of shit.
All this talk of piggy back and what not is just crazy. Who the hell cares if someone follows your trades or not, wont make you any more or less money in the end unless.... I get some big firms or maybe the boys over at the central bank that likes my style.
I mean I would really not mind if I decide to buy 2 es contracts and some goldman fella follows me in and buys a few thousand holding them until I decide I have had enough profit before getting out. I see this as a win win.
If you believe TST will take the opposite side of the trades then you are mistaken once more, why would they want to take the opposite side of the funded traders trades? Would it then not be better to take the opposite side of the trades taken by combiners near their daily loss limit or draw down as it seems once you are near it acts like a target and people go for blow out almost definitely.
Also if piggy backing is your thing it is actually what you trade then. I mean you still need to decide which individual you are going to mirror and if you going long or short on their call, kind of like picking a stock and deciding long or short. So you will still have your good traders(scouts) picking the right people at the right time and long or short them as you will have bad traders/trader pickers that will always back the wrong horse, I don't see where the edge is for a firm to do any of such things.
Anyhow, I don't see how any of this is going to help your career as a trader. Focus on how you are going to get your paycheck at the end of the month. Just trade man, stocks, futures, people or what ever you fancy, just bring home the bacon!
I mean I would really not mind if I decide to buy 2 es contracts and some goldman fella follows me in and buys a few thousand holding them until I decide I have had enough profit before getting out. I see this as a win win.
If you believe TST will take the opposite side of the trades then you are mistaken once more, why would they want to take the opposite side of the funded traders trades? Would it then not be better to take the opposite side of the trades taken by combiners near their daily loss limit or draw down as it seems once you are near it acts like a target and people go for blow out almost definitely.
Also if piggy backing is your thing it is actually what you trade then. I mean you still need to decide which individual you are going to mirror and if you going long or short on their call, kind of like picking a stock and deciding long or short. So you will still have your good traders(scouts) picking the right people at the right time and long or short them as you will have bad traders/trader pickers that will always back the wrong horse, I don't see where the edge is for a firm to do any of such things.
Anyhow, I don't see how any of this is going to help your career as a trader. Focus on how you are going to get your paycheck at the end of the month. Just trade man, stocks, futures, people or what ever you fancy, just bring home the bacon!
http://en.wiktionary.org/wiki/facepalm
To Crispy:
I wrote to you a detailed PM, but you have to turn on PMing first, if you are interested. Otherwise let's consider the topic closed...
I don't think it is illegal if one consents ?
I'm not sure it is illegal even if you don't consent
Unethical perhaps
Piggybacking used to be done in the pit.
just because trading moved on screen does not mean it still does not happen.
Crispy
Since no one at tst will answer this
Can you confirm if this is true or just bs ?
Once you go live you are only allowed to trade 1 lot regardless of what combine you passed until you make $500 ?
Once you go live you are no longer permitted to trade in the after hours even if trading in this manner is what helped you pass the combine ?
Since no one at tst will answer this
Can you confirm if this is true or just bs ?
Once you go live you are only allowed to trade 1 lot regardless of what combine you passed until you make $500 ?
Once you go live you are no longer permitted to trade in the after hours even if trading in this manner is what helped you pass the combine ?
PEOPLE WHO HAVE 1500 0R MORE POSTS ARE MOST LIKELY WORKING FOR A FIRM....CONSIDER THE SOURCE BEFORE TAKING TO HEART WHAT THEY ARE SAYING.
I was allowed to start with 2 contracts out of the gate so the answer is no it is not true. I don't think you can start trading 15 out of the gate on your first day but put up a good first week or two and bank some money then I am sure it is possible. Not that I can understand why anybody wants to trade a 15 lot if you have a 4.5k draw down.
I trade the "50k" account
2 is still slightly closer to 1 then to 5, but what do I know? My friend got the "150K account" and had to start with 1 contract. Of course this is nowhere disclosed beforehand, so we have again a case of misrepresentation. Most trader believe they get the full account. Sure, it is safe for TST to start them out slowly, but that slow?
