A media interview with Michael Patak U.S

FOR IMMEDIATE RELEASE
Chicago, Illinois, United States of America (Free-Press-Release.com) November 21, 2011 -- 1 What is the trading scout and what do you do?

As a trading scout, my assessment and monitoring of new entrants Combine (similar to the NFL Combine) trader. When they completed Combine, I will review transaction records and analysis traders trading methods to ensure that they comply with our review form rules. Through this process, so that I can determine a trader's ability to start trading firm offer account. Firm offer accounts financed by the contribution of our equity partners.At the same time, as traders manager, I am responsible for monitoring our recruitment from the Combine to the real trading member's progress. I also plan to help these traders and profitability objectives.
TopstepTrader the premise that any one of the world Futures traders who want to be, regardless of experience, background, or education, to provide an open opportunity. And we can discover some of the discipline may have been neglected, stable profitable trading talent.

2 How did you start in this industry do?

I am 20 years old, began trading at the university. After graduation, I moved to Chicago, determined to become a successful Futures traders. I was employed as a clearing house traders. The company asked me in a very strict risk control parameters transactions, this experience helped me to hone trading skills, to grow into a disciplined, stable and profitable trader.
Through these principles, eight months later, I successfully earn enough money to buy the exchange seat as a member of the Chicago Futures Exchange, and began independent trading Dow futures pool.

3 CBOT broker and your local dealer (local) how long?

Since 2002, I have been a broker and independent trader, trading in Dow futures pool. Since the beginning of 2010 to establish TopstepTrader, I began to reduce the personal trading, more commitment to corporate responsibility.

4 As independent brokers and traders need to exchange what qualifications?

You must NFA (U.S. National Futures Association) and get registered with the Chicago Board of Trade membership. Trader must specify a billing company. Clearing account funds required floor trader at least $ 50,000 or more, so this is to become a floor trader of a large obstacle.

5 brokers and local traders to profit?

Traders rely entirely on trading profitable. As a broker, I helped my customer orders, to do so, I get paid a commission. As an independent trader exchange, I totally from my trading performance to get paid. Most brokers and local traders are independent, so our motto: "We are living our prey." (We eat what we kill)

6 What is your working hours like?

As a trader, you decide your own working hours. While the Globex trading hours almost 23/24 hours a day, trading at all, some traders like in the morning, afternoon, evening or overnight trading. Even a successful trader is not trading, they always continue to study and learn, to improve the quality of their transactions. As a floor trader and company, I usually 7 am to Exchange, 3:15 pm all positions, the end of the transaction. But I will continue to lead the way to do some business work and study, research, trading knowledge and market trends, often working into the night.

7 people under you to help you?

Yes, we have some staff to help me work with management TopstepTrader traders. I also deal with other reviewers evaluate our new recruits Combine trader / real trading member's performance. These transactions reviewers also trading coach.

8 Can you talk about your typical workday it?

I usually 7:00 to exchange hall. From 7:00 to 8:15 (our TsT Squawk Radio 8:15 am start broadcasting), I will take the time to analyze the market and look at the morning report. I have a better understanding of the market, I will continue with our TopstepTrader exchange traders. I provide them with the proposed transaction, views and answer questions.Daily from 11:15-12:00, I have a "trading reviewers asked" campaign, radio / chat rooms, respond to any transaction, our Combine systems market.

9 credit crunch has not affected your industry?

Market has significantly dried up, market participants reduced the pool of customers to enter orders transaction volume has slowed.But TopstepTrader momentum is growing, because the trading pool trading volume shrinking, quickly left the floor traders are trading the pool, started in electronic transactions. However, the recent increase in market volatility, there have been some return to exchange floor traders trading, but I do not remember seeing any new providers to enter the trading floor trader pool. Most new traders are completely computer transactions.Trading on a computer screen means that you can have a network connection in the world where any transaction.

10 you have not been the bailout of financial institutions and the impact of new legislation?

We will not be affected. We Futures traders generally only short-term positions, we will press for trading on the market in the next few minutes, hours or days to predict the volatility. Only long-term investors will be affected.

11 you whether the work has attracted media attention?

As the founder and president of TopstepTrader role has received some media attention and is very positive feedback. We hope that through the media, so that any interested person to understand TopstepTrader futures can provide them with opportunities.Specifically, the Wall Street Journal, Network, and the financial part of the technical analysis of stocks and commodities have had about our magazine. In addition, our TST analects radio images are also Forbes and The Times of India appear online.

12 you want to be a broker / dealer of the local people have any suggestions?

I will focus on a steady profit, the most important is the discipline of electronic traders. Although the transaction has been in existence for hundreds of years, electronic trading and open outcry is still very short compared to the time.Continuous development of electronic trading is now the new trend. As "human" traders, people should focus on learning and algorithmic trading systems, robotics, and black boxes coexist. There are a lot of potential to make the market a new electronic traders advantage of the opportunity.

13. What you want to talk about?

Transactions are very difficult to work. Focus on understanding what kind of trading style fits your personality, and stick to it. Do not jump from one product to another or from one product to another indicator indicator. Focus on one thing and hard work, hone their skills and become a disciplined, stable and profitable, can handle any situation that may arise in the market traders. Takes time to achieve this level of experience accumulation and growth, you need immersed in simulated trading, until you are confident that a firm offer trading accounts.

About TopstepTrader

Learning transaction, accept the challenge and become a member of the Commodity Futures Trading

Learn about trading

Do you want to test your risk-free real-time trading strategies and ideas? You want to be a Futures traders, do not know where to start? You want to have a trading coach to help you?

Join our COMBINE, you can learn to use our simulated trading platform to trade futures contracts. Exchange with other members of the exchange and the arrangements for you with our trading coach to communicate progress. You become a professional trader in the road here.

By using the tools we provide, you can learn how to trade using the trading software, manage money, learn a variety of trading techniques. We COMBINE new heart to help you enhance and improve the trading capacity to become a successful trader.

The challenge

Topsteptrader offers a unique trading competition. If you think you have the ability to participate in challenges for cash prizes and a firm offer account, then Register today and join us!

Challenge provides an opportunity for traders in daily transactions and other traders the chance to compete. Just pay a small fee, no need to open an account, you can trade and win prizes. Challenge Challenge allows a small number of opponents you choose to increase the chances of winning. We give you a chance to prove you are the top traders.

Futures traders as a

TopstepTraders is an international selection of traders brokerage firm to find qualified worldwide traders. We also provide opportunities for investors as the next top traders to provide financial support. Our students into our COMBINE to assess the performance of transactions, and to stabilize profitability, increasing the level of traders and trading companies to introduce some of the equity partner to become a professional trader.

COMBINE this unique training so that you get business experience, improve trading skills. Let us help you become a successful trader next, right from the start today.

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