Topsteptrader
- Thread starter deaddog
- Start date
As others have posted, it's the amount of equity (i.e. your account balance) on the 10th trading day in the live account, which then serves as your maximum total draw allowance from Day 11 going forward.
Don't be influenced by those who claim a small account balance will turn into a large account balance (unless, of course, you have seen adequate proof of such occurrences, and you are able to duplicate such a result).
Ok, I misread your post. Yes, you clearly mentioned average and not "most" so my response to your post was incorrect.
It's quite possible given the hundreds of traders who have passed the combines, there are people who have taken all of the various levels (10k through 150k).
Again, the key measure is not the passing of the combine itself, but instead it's whether or not the traders who pass the combines are trading well beyond the Day 11 balance.
I agree with all the above.
It's just strange, though, that one can't apparently show any enthusiasm for TST's business, facilities and achievements without being falsely accused accused of being a "shill" for them.
In this thread, I'm called a "TST shill" if I point out the factual inaccuracies in some of their detractors' posts.
In other threads, I'm called an "Al Brooks shill" if I comment that I found his books valuable and might not even be making a living without them.
One can express negative opinions very freely here, causing no consternation at all.
But if one shows any enthusiasm or positivity, that produces false accusations and hostility.
It's a funny kind of forum, that way.
Ohh dear. A case of the pot calling the kettle black.
TST is ideal,.. For practicing and testing out edge's..just base 10k combine is needed.
I am not sure to whom exactly you are talking to because quite a few gentlemen here are on my Ignore list so I don't see every nugget that idiots drop here, but if I have to take a wild guess, because MES is a competitor to TST, and competition is BAD for business.
Thanks for posting the link, I wasn't aware of that site. The banter exchange between the posts after the MES review was quite entertaining. I recall the prior ET thread where MES was mentioned, however there was very little information regarding the firm.
It's important to weigh ALL of the new information before passing judgement. As you cited in a prior post, it costs you "NOTHING" to try their model (except of course your time, which is indeed an opportunity cost).
Xela,
Did you actually read ALL 8 pages of the thread? A "scam" has a very distinct definition, such as the following:
scam (def): "A fraudulent business scheme, a swindle. An illegal plan for making money, especially one that involves tricking people. A dishonest scheme."
According to the thread you cited, it seems the owner was accused of disguising his true identity as a competing vendor on a message board where traders can post anonymously. However, where is your evidence that MES Capital is actually running a "scam?"
Your prior posts indicate objective analysis, so it's surprising to read such an accusation without any facts to back up the claim.
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@Xela is trying to give good advices to a sucker and she's asked to prove her statements... Where is your evidence that it isn't ? Out there it's Guilty until proven innocent. Not the reverse. Because we know most products are toxic when it comes to finance.