CLNymex 

I am not taking any names here but I believed each of them until they told me to stop believing them (for example orders not updating the DOM but P&L generated or contract clause violated by the company but not accepted, etc).

I have no particular stake in this, but not naming names essentially tarnishes all such firms, whether guilty of anything or not. Particularly since this is a thread devoted to one such firm, by name. The implication is that there is something crooked with that particular firm.

If some specific firm has engaged in shady practices, it should be called out, by name. The person doing the accusing should also be prepared to substantiate what he or she says, and there should be a reason why he should be believed rather than the firm.

Otherwise, the effect is simply to undercut a company by implication without having to be responsible for backing anything up.

Again, I have no direct knowledge of OneUp, and don't particularly care about them. But it anyone has anything real about them or anyone else, they should be upfront with it.

Bob.

@bobwest Thanks for your inputs. The intention is never to undercut anything by implication; so if it appears to, my apologies. An individual experience has been shared after being requested to elaborate further. Experiences may and can vary.

I do praise the business model. The app is wonderful too. At least one member has benefited from the app info. If more do, I may have reached my purpose.

Manoj

CLNymex 

@bobwest Thanks for your inputs. The intention is never to undercut anything by implication; so if it appears to, my apologies. An individual experience has been shared after being requested to elaborate further. Experiences may and can vary. I do praise the business model. The app is wonderful too. At least one member has benefited from the app info. If more do, I may have reached my purpose. Manoj

Thanks for the clarification.

Bob.

I would actually consider doing a OneUp Trader evaluation if I thought it was totally real. I feel I could pass their combine and the rules seem more reasonable than Top Step. A 100 or 150 k account where I could keep 80% of the profits sounds appealing in addition to what I do now.
But if the whole idea on their end is to just profit from monthly subscriptions and they have no interest in having "real " traders as their partners..then I wouldn't bother.
Unfortunately, there doesn't seem to be much specific info on any longer term traders with One Up or similar companies. I'm not that arrogant to believe that "I'll be the first to succeed with them..yayyyy"

lancelottrader 

I would actually consider doing a OneUp Trader evaluation if I thought it was totally real. I feel I could pass their combine and the rules seem more reasonable than Top Step. A 100 or 150 k account where I could keep 80% of the profits sounds appealing in addition to what I do now. But if the whole idea on their end is to just profit from monthly subscriptions and they have no interest in having "real " traders as their partners..then I wouldn't bother. Unfortunately, there doesn't seem to be much specific info on any longer term traders with One Up or similar companies. I'm not that arrogant to believe that "I'll be the first to succeed with them..yayyyy"

You could follow @Scalpingtrader, who recently passed one and is going to be posting his trading in the OneUp-funded account, as I understand it:

Growing seeds from a rotten mind So, today I've wired money into my live account, so it should be ready for trading in a couple of days. As I imagine that going live will be intense enough, I will not post any live PnL for the first couple of months, probably. Of course I'll …

. He has simultaneously funded his own personal account and expects to be moving any OneUp profits over to that account, because the profit split is better (100% ), as is the tax treatment. My impression is that traders often plan to use the "funded" accounts to provide additional funds for their own personal accounts. It's a way to get a leg up on trading without the initial personal risk.

As to the "100 or 150 k account," these numbers refer to the SIM balances of the evaluation/Combine accounts. I believe that, like TST, they limit the traders to a set number of contracts -- initially a small number (I don't know the details of OneUp, but initially TST starts traders off with 2 contracts and lets them ramp up slowly if they are profitable. TST does not have an upper limit, but they want some performance numbers first.) So I wouldn't get all excited about a "150 k account" -- there's a limited amount of buying power available until the traders proves themselves. (Which is spelled out on their websites.)

I think the appeal is more to traders who don't have the funds to trade their own accounts, although many have taken advantage of the accountability to an external party (as well as having a small element of personal risk in the subscription fee) to use the "evaluations" or "Combines" as a better form of SIM.

Bob.

-----------------

UPDATE: It turns out that I was mistaken about the number of contracts allowed at TST. It can be higher initially than I thought, and it scales up according to a scale laid out here: https://help.futures.topstep.com/hc/en-us/articles/360000140787.

It's better to rely on the official word than on my faulty (and not up-to-date) memory.

OneUp may differ.

CLNymex 

That app remains available for something like $57 a month (including exchange data fees) and it gives you as much as the business model by different names do.

What app? where is it available?

It turns out I simplified the TST contract plan in my last post. I fixed it with this update:

bobwest 

UPDATE: It turns out that I was mistaken about the number of contracts allowed at TST. It can be higher initially than I thought, and it scales up according to a scale laid out here: https://help.futures.topstep.com/hc/en-us/articles/360000140787. It's better to rely on the official word than on my faulty (and not up-to-date) memory. OneUp may differ.

Bob.

futuretrader 

What app? where is it available?

email to rithmic.com

Hey gang, well, finally update time...

I may have had my doubts but after taking my time, and playing it safe, I finally was able to make my first withdrawal request today and a few hours later the money posted in my account!!! Whatever is going on the money that hit my account is very, very real.

Treat Yo Self!

HollywoodTrader 

Hey gang, well, finally update time... I may have had my doubts but after taking my time, and playing it safe, I finally was able to make my first withdrawal request today and a few hours later the money posted in my account!!! Whatever is going on the money that hit my account is very, very real. Treat Yo Self!

How long have you been trading with TST? Keep us updated please