Trading Articles
Article Categories
Article Tools
Anybody heard of topsteptrader (review)
Updated March 7, 2022
Top Posters
looks_one
Big Mike
with 90 posts (231 thanks)
looks_two
bobwest
with 85 posts (208 thanks)
looks_3
omni72
with 33 posts (86 thanks)
looks_4
syxforex
with 31 posts (41 thanks)
Best Posters
looks_one
Topstep
with 3.6 thanks per post
looks_two
Big Mike
with 2.6 thanks per post
looks_3
omni72
with 2.6 thanks per post
looks_4
bobwest
with 2.4 thanks per post
trending_up
295,495 views
thumb_up
1,789 thanks given
group
391 followers
forum
932 posts
attach_file
30 attachments
Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 members
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
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
(If you already have an account, login at the top of the page)
Anybody heard of topsteptrader (review)
(login for full post details)
#651 (permalink )
Portland, Oregon
Experience: Intermediate
Platform: F-16CM-40
Trading: GBU-39
Posts: 6,184 since Sep 2013
Thanks: 10,459 given,
12,665
received
You can open during globex, just not hold through the close.
Sent from my SAMSUNG-SM-J320A using futures.io mobile app
The following user says Thank You to tturner86 for this post:
Can you help answer these questions from other members on futures io?
Best Threads (Most Thanked) in the last 7 days on futures io
(login for full post details)
#652 (permalink )
Boston, MA
Posts: 264 since Apr 2014
karentrader
Can I get some confirmation on this? I thought I was clear on the
overnight , but this sentence above confused me:
"2. Basically, you can trade from a list of
CME and
CBOT products (it's either most or all of them), day trades only, and you must close out by 3:10 PM CT, or whenever the
contract closes if different. You can close at 3:10 and re-open at 5:00 CT (or whenever), but not hold straight through. You also will need to always trade the "front month" (the most active.)"
Is it day trades only? Or can we open positions during Globex?
"Combine traders must only trade the “front” (most liquid/highest volume) contract month for ALL products. Overnight trading is permitted, although positions must be closed prior to a product’s electronic market close."
Confusing, ain't it?
What they are basically saying is that you are allowed to trade a product during it's "off hours", which I think they mean by non-pit hours. This is kind of misnomic these days, because most markets no longer have pits/open outcry .
That's my guess. All TST wants is for you to not have an open position between market's close and then re-open the next trading day, which for many instruments would be an hour later.
(login for full post details)
#653 (permalink )
Site Moderator
Sarasota FL
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Posts: 7,364 since Jan 2013
Thanks: 53,926 given,
24,500
received
karentrader
Can I get some confirmation on this? I thought I was clear on the
overnight , but this sentence above confused me:
"2. Basically, you can trade from a list of
CME and
CBOT products (it's either most or all of them), day trades only, and you must close out by 3:10 PM CT, or whenever the
contract closes if different. You can close at 3:10 and re-open at 5:00 CT (or whenever), but not hold straight through. You also will need to always trade the "front month" (the most active.)"
Is it day trades only? Or can we open positions during Globex?
You can open during Globex. You just have to have closed at the electronic close of the instrument, so you can't hold multiple "days," defining days as ending at the electronic close.
When I wrote "day trades only," that's what I meant to convey, not that you had to use pit or "regular trading" hours.
Here's the official statement from the website:
Source: http://help.futures.topstep.com/hc/en-us/articles/226286928-Important-Trading-Combine-Info
When the new "day" has begun -- that is, when it re-opens -- as defined by the CME, you can trade it again. "Days" aren't really days any more. You can trade it all night if you want to.
Bob.
The following 2 users say Thank You to bobwest for this post:
(login for full post details)
#654 (permalink )
Market Wizard
Atlanta, GA, USA
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,833 since Mar 2013
Thanks: 3,001 given,
2,154
received
bobwest
You can open during Globex. You just have to have closed at the electronic close of the instrument, so you can't hold multiple "days," defining days as ending at the electronic close.
When I wrote "day trades only," that's what I meant to convey, not that you had to use
pit or "regular trading" hours.
Here's the official statement from the website:
Source:
http://help.futures.topstep.com/hc/en-us/articles/226286928-Important-Trading-Combine-Info
When the new "day" has begun -- that is, when it re-opens -- as defined by the
CME , you can trade it again. "Days" aren't really days any more.
You can trade it all night if you want to.
Bob.
How about $1000 restriction? Will that be based on trading hours or new day? For example if we loose $500 in regular hours and the lost another $600 after reopen of trading but before 12 midnight are we technically out of 50k combine?
Sent from my SAMSUNG-SM-G900A using Tapatalk
(login for full post details)
#655 (permalink )
Site Moderator
Sarasota FL
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Posts: 7,364 since Jan 2013
Thanks: 53,926 given,
24,500
received
bmtrading9
How about $1000 restriction? Will that be based on trading hours or new day? For example if we loose $500 in regular hours and the lost another $600 after reopen of trading but before 12 midnight are we technically out of 50k combine?
Sent from my SAMSUNG-SM-G900A using Tapatalk
Well, I should always point out that I am no official source on any of this, and that the TST website and/or support phone/email is.
Given that, midnight and other calendar date/times are not the point. Nor are regular hours. It's a new "day" after the instrument re-opens. Check when CME regards it as a new trade day and go by that.
If this is important to you, I suggest sending the question to support to be sure of it, but that's how I understand it.
Bob.
The following 2 users say Thank You to bobwest for this post:
(login for full post details)
#656 (permalink )
Market Wizard
Atlanta, GA, USA
Experience: Advanced
Platform: MC and Jigsaw
Trading: ES, MES
Posts: 1,833 since Mar 2013
Thanks: 3,001 given,
2,154
received
bobwest
Well, I should always point out that I am no official source on any of this, and that the TST website and/or support phone/email is.
Given that, midnight and other calendar date/times are not the point. Nor are regular hours. It's a new "day" after the instrument re-opens. Check when
CME regards it as a new trade day and go by that.
If this is important to you, I suggest sending the question to support to be sure of it, but that's how I understand it.
Bob.
I was just curious about that scenario.
(login for full post details)
#657 (permalink )
Site Administrator Swing Trader Data Scientist & DevOps
Manta, Ecuador
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
Posts: 50,182 since Jun 2009
Thanks: 32,681 given,
99,582
received
Big Mike
Hi guys,
It is my pleasure to welcome back John Hoagland of TopstepTrader on Thursday, September 1st @ 4:30 PM Eastern US.
The title of the webinar is: "From The Pits To The Screens", with John Hoagland and Mick Ieronimo of TopstepTrader.
John and Mick will discuss the good, the bad, and the ugly of the transition from
pit trading to screen trading. They will review how every trader can take advantage of ongoing evolution in the trading industry.
Bullet
points for this webinar:
- Immediately adoptable strategies that lead traders to success
- How discretionary traders can find profits and consistency in their trading
- How to sniff out competition and find the "stronger" money
- How to utilize these strategies without risking any capital
You can visit TopstepTrader's website here:
https://www.topstep.com//
Register for the event (space is limited):
https://on.futures.io/zsmn6
Mike
Here is the webinar recording:
Mike
The following 4 users say Thank You to Big Mike for this post:
(login for full post details)
#658 (permalink )
Site Administrator Swing Trader Data Scientist & DevOps
Manta, Ecuador
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
Posts: 50,182 since Jun 2009
Thanks: 32,681 given,
99,582
received
What did everyone think of the webinar?
Mike
The following user says Thank You to Big Mike for this post:
(login for full post details)
#659 (permalink )
Boston, MA
Posts: 264 since Apr 2014
Big Mike
What did everyone think of the webinar?
Mike
To me it seemed there was a bit too much history of the old way of trading versus electronic. The history is very interesting to know, but some of that time could have been saved for more Q&A after the main presentation. I had two questions, and only one was answered because we ran out of time.
Next time, shrink the time for the history, and add more time for and about the ins-and-outs of TST, the Combine, and Q&A.
(login for full post details)
#660 (permalink )
Site Moderator
Sarasota FL
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Posts: 7,364 since Jan 2013
Thanks: 53,926 given,
24,500
received
HoopyTrading
To me it seemed there was a bit too much history of the old way of trading versus electronic. The history is very interesting to know, but some of that time could have been saved for more Q&A after the main presentation. I had two questions, and only one was answered because we ran out of time.
Next time, shrink the time for the history, and add more time for and about the ins-and-outs of TST, the Combine, and Q&A.
If you put your question to @Hoag (John Hoagland) here, he does check this thread and odds are good he will answer.
Specify his username, Hoag, with the @ so he will be notified.
Bob.
Last Updated on March 7, 2022
Ongoing