Are you kidding me? We had 5 threads going running non stop. One guy specifically started a thread against me personally calling me out as running a scam when I in fact have nothing to do with this firm. That thread alone launched about 300 attacks on me. Then the other threads, including the journals were full of attacks, not even against TST but against the participants. You must have a really bad memory. LOL.
TopstepTrader and Patak Trading Partners- Easy to read QUESTIONS and ANSWERS
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Are you kidding me? We had 5 threads going running non stop. One guy specifically started a thread against me personally calling me out as running a scam when I in fact have nothing to do with this firm. That thread alone launched about 300 attacks on me. Then the other threads, including the journals were full of attacks, not even against TST but against the participants. You must have a really bad memory. LOL.
I have no idea what you are talking about. Obviously English is your 3rd language. They don't tell you what hours to trade. "I" was suggesting that you trade during your slow time whenever that is. They don't care when you trade or how often you trade. Seriously where do you come up with this stuff.
That's a cheapshot against Pekelo, he admitted he was not an expert on nat gas. The question he posed is valid, as these type of trades appeared on the last three funded reports.
I also was surprised by this particular report and thought perhaps it was some type of software glitch.
It shows a gross profit of $2,400, on back to back weeks, with 8 contracts total, one winning trade on each of the days.
So if my math is correct, since it was one winning trade, that is 60 ticks at $10/tick on NG, on 4 lots, making it $2,400 gross less the $20 commission for a net of $2,380 total, in "zero" seconds.
Either this trader is brilliant, and has figured out a way to maximize the odds of passing the combine, or TST is now allowing more liberal standards for measuring risk. I've looked at prior funded reports, and these types of trades were not typical.
If this were a live account, how would he have managed risk in case the trade went the other way on an OCO?
I'm no expert on nat gas either, so if the "experts" would chime in on how you would have placed such a trade to avoid the max daily draw, that would help understand this type of strategy.
I'm not defending the trade. I simply made the comment that the trade was possible. There was a time a few years back where natty moved 30 to 40 cents on a spike. So 6 cents is nothing. Yes, I completely agree it's a stupid strategy. There is NO way to control the risk. My bet is a lot of guys try to do this with crude and nat gas on the inventory numbers and hit their daily loss limit. Some will get lucky and hit it. I do know Michael mentioned to me that any guy that does this they make them do an extended combine meaning they have to prove they can make money outside of gaming the inventory number. You are NOT seeing that extended combine though. I only know about it because of the two traders here who got backed and was asked to do the extended combine. So yes, whoever that funded trader was that got lucky, he was most likely asked to do an extended combine and passed but TST is only showing the combine where he paid for.
I don't know if this answers your question but there is no conspiracy. I never said it was a good way to trade and quite frankly it's pretty stupid. I actually DO know prop firms that engage in this trade but not manually. They are HFT firms that get in right on the first print. They do this in bonds on the jobs number as well. Again, I also think that is stupid but people have a right to do stupid things with their money.
One other thing, if a trade is on for less then a minute, it probably registers as zero. That is why the duration is showing zero.
You were not attacked for your combine failure. You got attacked for brown nosing tst and to be honest your antics made you look like a shill for them. As a longtime member I believe you based on your word but there are a lot of bullshit scams in trading and your defense of tst gave the appearance of something more.
So first you say I was not attacked and then you say I was attacked for brown nosing TST. Nice logic. Anyway, nothing I said about TST was not true. I simply regurgitated information that was right off their website. There is nothing to defend. Either something is true or it is not. Very binary. If it's true, it doesn't need defending, only needs to be stated. If it's not true, you can't defend it.
Here's the bottom line. NOBODY should be attacked. Not the vendor, not the trader, not a thread participant. Act like an adult. This is not P&R or Chit Chat.
Yes, there are a lot of scams out there. And Baron does NOT let them advertise here. The scams usually come from guys pretending to be members of the site where they try to sell something. They are NOT sponsors. Can you name a single sponsor of ET that was running a scam? I can't think of any "paid" sponsors. I could be wrong and I'll admit it if I am.
Baron has some liability if he is taking money from someone who is defrauding his members.
You are the one who said other guys won't post because they are afraid of being attacked but no other guys were attacked except you because you posted multiple times a day hyping tst.
You must be getting old
franz and ti
You will find no trace of it on here now
Same shit, everyone said it was legit
And then the truth came out
There are always 3 sides to every story
your side
their side
and the truth
Why is selling a dream defrauding members ?
If this is true every prop firm is a fraud
When are you going to talk Bob into opening an alternative to tst?
Dude, what are you smoking? There were about 15 members attacked. Anyone that said ANYTHING positive about TST was attacked. And no, members were not accusing TST of selling a dream, they were accused of outright fraud. Maybe you need to re-read those threads again. The conspiracy theories were plentiful.
I do remember Franz but how was that a scam? I never read any of his threads. I'm not saying it was not, I'm simply asking what did they do to scam members? If it was simply an accusation that that Franz guy couldn't trade his way out of a paper bag, then that is not scam. None of these vendors can. If he was selling a service and delivered on that service, then that is not a scam.
They were never accused of fraud, they were accused of running a company that makes more from combine fees than from live trading and so far that has not been disproved.
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