Anybody heard of topsteptrader (review) | Trading Reviews and Vendors


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Anybody heard of topsteptrader (review)

  #788 (permalink)

Point Roberts, WA, USA
 
Trading Experience: Advanced
Platform: IB and free NT
Broker/Data: IB
Favorite Futures: ES
 
aquarian1's Avatar
 
Posts: 3,731 since Dec 2010
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Not just first ten days but anytime time in any of your TST account if the trailing max drawdown is hit

net profit position on deposit"
= e.g. If you were funded with $50,000 and made $2,500 and then withdrew $2,000 your net profit position on deposit would equal $500 less exchange fees ($65/mo) = $435. This is another way of saying your watermark is $50,435.

Im actually confused about this one. But the exchange fee gets charged separately (to your credit card) so just look at the account balance after trades. They calculate profits minus comms so likely wont see a difference.

It is important to think about what the "trailing max drawdown" is.
Look at my example.
What is the trailing maximum drawdown?

Keep your mind in the future, in the now.
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