Anybody heard of topsteptrader (review) - Trading Reviews and Vendors | futures io social day trading
futures io futures trading


Anybody heard of topsteptrader (review)
Updated: Views / Replies:159,486 / 811
Created: by supermht Attachments:26

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 26  
 
Thread Tools Search this Thread
 

Anybody heard of topsteptrader (review)

  #41 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,098 since Jun 2009
Thanks: 29,194 given, 82,551 received


omni72 View Post
Example of a trade report that meets all performance requirements

Interesting report. Here it is embedded, but better explanation is at the link.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 3 users say Thank You to Big Mike for this post:
 
  #42 (permalink)
Elite Member
Tulsa, OK
 
Futures Experience: Beginner
Platform: Jigsaw, Ninja Trader, Sierra Chart
Broker/Data: Ninjatrader/Rithmic
Favorite Futures: G&L Tribute Series Rampage
 
omni72's Avatar
 
Posts: 348 since Jan 2012
Thanks: 582 given, 619 received


Big Mike View Post
Interesting report. Here it is embedded, but better explanation is at the link.

Thanks Mike, excellent idea

Luck is what happens when preparation meets opportunity. ~ Seneca
Reply With Quote
 
  #43 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,233 received

topstep trader



Big Mike View Post
Interesting report. Here it is embedded, but better explanation is at the link.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Mike


230 cars for $2015

236 cars for $1490

300 cars for $3190

126 cars for $2295.

This is a SCARY PERFORMANCE REPORT in terms of numbers of cars traded and results.

Reply With Quote
The following 2 users say Thank You to mfbreakout for this post:
 
  #44 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,098 since Jun 2009
Thanks: 29,194 given, 82,551 received


mfbreakout View Post
230 cars for $2015

236 cars for $1490

300 cars for $3190

126 cars for $2295.

This is a SCARY PERFORMANCE REPORT in terms of numbers of cars traded and results.

I agree, this trader is certainly a scalper. The broker is making all kinds of money though.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #45 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received

I think I am missing something here. Can you futures guys help me with the terminology
1 car = 1 contract = $12.50 per tick ? or not?

So Thurs Jan 12th earned $2015
which then equals with 1 contract 2015/12.5 = 161 ticks if 1 contract
but this says 230 contracts?
230*12.5= $2875 per tick buying power?
so around .7 tick earned to make $2015
Decimal error?
please explain
thanx

“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss
Reply With Quote
 
  #46 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,098 since Jun 2009
Thanks: 29,194 given, 82,551 received

1 car = 1 contract

If he traded 230 cars it means he traded 230 lots, 230 contracts. He made $2015, so 2015/230 = $8.76 per lot traded. $12.50/tick on ES, so 8.76/12.50 = 0.70 ticks per contract traded on average.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #47 (permalink)
Elite Member
Virginia, USA
 
Futures Experience: Beginner
Platform: NT, TOS
Broker/Data: Mirus/Zen-Fire
Favorite Futures: ES, TF
 
Posts: 76 since Mar 2012
Thanks: 64 given, 63 received

I recently tried the 2-week practice at TopStepTrader. Maybe I'm just stubborn, but I just couldn't seem to adapt to the trading platform. It seemed really clunky and wasn't intuitive at all, and I felt like it would take me so long to enter my trades and set my stops that I'd miss part of the move I was trying to catch. I only sat in on a few of their training sessions; each one had a heavy emphasis on Market Profile. I'm not a fan of MP so I was a little disappointed in that. But overall I think it's a good company with a good environment, and if they would just upgrade their platform I would happily sign up for the Combine. The opportunity to trade with someone else's money really changes things psychologically! It's also a wonderful opportunity if you don't have much trading capital.

Reply With Quote
 
  #48 (permalink)
Membership Revoked
British Columbia
 
Futures Experience: Advanced
Platform: NINJA
Broker/Data: ZEN
Favorite Futures: Crude
 
Posts: 1,091 since May 2010
Thanks: 192 given, 484 received

What do you mean by scary, looks awesome to me, what product is he trading?


mfbreakout View Post
230 cars for $2015

236 cars for $1490

300 cars for $3190

126 cars for $2295.

This is a SCARY PERFORMANCE REPORT in terms of numbers of cars traded and results.


Reply With Quote
 
  #49 (permalink)
Elite Member
San Jose, Ca
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Something moving
 
David_R's Avatar
 
Posts: 1,511 since Nov 2009
Thanks: 2,267 given, 2,367 received


Cloudy View Post
From looking at the stop requirements/max loss limits in the combine, it almost looks like scalping is encouraged on topsteptrader. Certainly doesn't leave much room for a trade to work especially on time frames higher than 5min. Or one has to have super entries almost always 80% of the time if not scalping.

I've tried the combine. Yes, I think they like the scalping route, but they do not dictate how you trade. You are free to use your own method. They do like to see some consistancy, so if you trade 15 lots (5 trades 3 lots ea) one day, they like to see similar numbers on following days. In other words, not all over the map with 15 one day and 50 another. The platform is terrible in my opinion. Not sure why that is what is considered prof, but I did not like using it.

David

Reply With Quote
 
  #50 (permalink)
Membership Revoked
Oslo, Norway
 
Futures Experience: Advanced
Platform: CQG, Excel
Favorite Futures: CL
 
Lornz's Avatar
 
Posts: 1,198 since Apr 2010
Thanks: 500 given, 1,233 received


T4 is a good platform, at least if one is stateside. If one does not like the interface, one can wrap Sierra Chart around it. That will be similar to using NinjaTrader.

The reason for using T4 is probably because it is the cheapest, stablest platform that has spreading capabilities. Most professional traders are spreaders.

Reply With Quote
The following user says Thank You to Lornz for this post:

Reply



futures io > > > Anybody heard of topsteptrader (review)

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

FuturesTrader71: TBA

Elite only

Al Brooks: TBA

Elite only

Jigsaw Trading: TBA

Oct 19

RandBots: TBA

Oct 24
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Webinar: TopstepTrader on Discipline/Psychology (Michael Patak and John Hoagland) Big Mike Psychology and Money Management 25 April 28th, 2017 02:36 PM
Have you heard about XYZ? Lornz Trading Reviews and Vendors 20 February 1st, 2017 06:03 PM
Webinar: Topsteptrader on Discipline and Risk to be successful Big Mike Psychology and Money Management 16 June 10th, 2014 01:45 PM
Has anyone ever heard of invest33.com? energetic Trading Reviews and Vendors 14 October 21st, 2013 05:12 PM
Anyone heard of EOTPRO? h4cked Trading Reviews and Vendors 31 December 5th, 2012 03:25 PM


All times are GMT -4. The time now is 08:19 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-09-25 in 0.14 seconds with 20 queries on phoenix via your IP 54.81.44.140