Topstep's Nick Dolby (Social Media and Community Coordinator) - Ask me Anything (AMA) - futures io
futures io



Topstep's Nick Dolby (Social Media and Community Coordinator) - Ask me Anything (AMA)


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one Topstep with 251 posts (605 thanks)
    2. looks_two bobwest with 116 posts (293 thanks)
    3. looks_3 Big Mike with 48 posts (165 thanks)
    4. looks_4 emini2000 with 36 posts (16 thanks)
      Best Posters
    1. looks_one Big Mike with 3.4 thanks per post
    2. looks_two DarkPoolTrading with 2.8 thanks per post
    3. looks_3 bobwest with 2.5 thanks per post
    4. looks_4 Topstep with 2.4 thanks per post
    1. trending_up 367,356 views
    2. thumb_up 2,088 thanks given
    3. group 384 followers
    1. forum 1,268 posts
    2. attach_file 44 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)

 
Search this Thread
 

Topstep's Nick Dolby (Social Media and Community Coordinator) - Ask me Anything (AMA)

(login for full post details)
  #1131 (permalink)
Waryman
Philadelphia, PA
 
 
Posts: 5 since Jun 2020
Thanks: 45 given, 1 received

@TopstepTrader

Any plans to offer accounts larger than 150K?

Reply With Quote

Can you help answer these questions
from other members on futures io?
Tick Data Group Buy
Emini and Emicro Index
Tips for directional bias during Asian Session?
Traders Hideout
mahDualCandlePattern
NinjaTrader
No Scroll Position Size AddOn
NinjaTrader
Multidata
EasyLanguage Programming
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Spoo-nalysis ES e-mini futures S&P 500
122 thanks
How many day traders are profitable?
64 thanks
how many hours per day do you watch the market?
17 thanks
Hedging NQ and MNQ 1-10...
13 thanks
Prop Firm Combines Criteria
12 thanks
 
(login for full post details)
  #1132 (permalink)
 Topstep  Topstep is an official Site Sponsor
Site Sponsor

Web: Topstep
AMA: Ask Me Anything
Webinars: Topstep Webinars
Elite offer: Click here
 
 
Topstep's Avatar
 
Posts: 277 since Feb 2013
Thanks: 73 given, 731 received


Waryman View Post
@TopstepTrader

Any plans to offer accounts larger than 150K?

Hi @Waryman, We don't currently have plans for an account larger than $150k, and have shared your message with our team.

Thank you!

If you have any questions about our products or services at Topstep (formerly TopstepTrader), please send me a Private Message or use the FIO "Ask Me Anything" thread.
Follow me on Twitter Reply With Quote
 
(login for full post details)
  #1133 (permalink)
 chipps1983 
Market Wizard
Dover+NJ/US
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Stage5/Advantage Futures
Trading: NQ
 
chipps1983's Avatar
 
Posts: 2,045 since Jan 2015
Thanks: 5,219 given, 3,652 received



chipps1983 View Post
@TopstepTrader,

Even though the tradovate platform is provided, all the features from the software are not in place while a trader trading a combine using TST tradovate.

Atleast it is traders responsiblity to set this settings by them selves so they don't place the trade more than the contract limit and failing the rule.


https://tradovate.zendesk.com/hc/en-us/articles/360035752033-How-do-I-set-a-Position-Limit-on-my-account-

Hope this gets enabled.

I know a friend who failed pro account twice due to this.

@TopstepTrader

Any feedback on the above request.

--------
Chipps
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #1134 (permalink)
 Topstep  Topstep is an official Site Sponsor
Site Sponsor

Web: Topstep
AMA: Ask Me Anything
Webinars: Topstep Webinars
Elite offer: Click here
 
 
Topstep's Avatar
 
Posts: 277 since Feb 2013
Thanks: 73 given, 731 received


chipps1983 View Post
@TopstepTrader

Any feedback on the above request.

Hi @chipps1983,

Our rules are meant to teach discipline, and allow us to find disciplined traders. Therefore, it's the trader's responsibility to monitor their position sizing. Whether they do that manually or programmatically is up to the individual. Because not all platforms offer the tools you mention, we don't provide the ability for certain traders to circumvent or avoid our rules while others cannot.

The evaluation may not work properly if there are safety nets or bumpers on the rules for select traders. Hope this helps.

Thank you!

If you have any questions about our products or services at Topstep (formerly TopstepTrader), please send me a Private Message or use the FIO "Ask Me Anything" thread.
Follow me on Twitter Reply With Quote
 
(login for full post details)
  #1135 (permalink)
 Topstep  Topstep is an official Site Sponsor
Site Sponsor

Web: Topstep
AMA: Ask Me Anything
Webinars: Topstep Webinars
Elite offer: Click here
 
 
Topstep's Avatar
 
Posts: 277 since Feb 2013
Thanks: 73 given, 731 received


chipps1983 View Post
@TopstepTrader

Any feedback on the above request.

Hi @chipps1983,

Our rules are meant to teach discipline, and allow us to find disciplined traders. Therefore, it's the trader's responsibility to monitor their position sizing. Whether they do that manually or programmatically is up to the individual. Because not all platforms offer the tools you mention, we don't provide the ability for certain traders to circumvent or avoid our rules while others cannot.

The evaluation may not work properly if there are safety nets or bumpers on the rules for select traders. Hope this helps.

Thank you!

If you have any questions about our products or services at Topstep (formerly TopstepTrader), please send me a Private Message or use the FIO "Ask Me Anything" thread.
Follow me on Twitter Reply With Quote
The following user says Thank You to Topstep for this post:
 
(login for full post details)
  #1136 (permalink)
 chipps1983 
Market Wizard
Dover+NJ/US
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Stage5/Advantage Futures
Trading: NQ
 
chipps1983's Avatar
 
Posts: 2,045 since Jan 2015
Thanks: 5,219 given, 3,652 received


TopstepTrader View Post
Hi @chipps1983,

Our rules are meant to teach discipline, and allow us to find disciplined traders. Therefore, it's the trader's responsibility to monitor their position sizing. Whether they do that manually or programmatically is up to the individual. Because not all platforms offer the tools you mention, we don't provide the ability for certain traders to circumvent or avoid our rules while others cannot.

The evaluation may not work properly if there are safety nets or bumpers on the rules for select traders. Hope this helps.

Thank you!

Thank you for explaining. I agree with you 75%.

At least for a pro / Funded account, the feature needs to be enabled. That is my feedback and anyone from the forum would agree with me on this.

After working so hard on Step 1 and Step 2. and with a simple mistake like on scaling with the wrong click could ruin one's months of work put in.

--------
Chipps
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to chipps1983 for this post:
 
(login for full post details)
  #1137 (permalink)
 lemons 
Tallinn, Estonia
 
Experience: Beginner
Platform: SC
Trading: NAS100
 
lemons's Avatar
 
Posts: 958 since Nov 2010


chipps1983 View Post
Thank you for explaining. I agree with you 75%.

At least for a pro / Funded account, the feature needs to be enabled. That is my feedback and anyone from the forum would agree with me on this.

After working so hard on Step 1 and Step 2. and with a simple mistake like on scaling with the wrong click could ruin one's months of work put in.

Reading behind the lines of TST answer : " We hope you slip and reset account and we make money "

In funded account its enabled and they don't want to reinforce learned discipline for traders ?
Camon if you want to teach discipline unable the feature from live accounts too.

Reply With Quote
 
(login for full post details)
  #1138 (permalink)
 Tymbeline 
Market Wizard
Leeds UK
 
Experience: Intermediate
Platform: TradingView
Broker: LCG, Oanda
Trading: ES, 6E, Cable
 
Tymbeline's Avatar
 
Posts: 505 since Apr 2015
Thanks: 1,576 given, 754 received


lemons View Post
Reading behind the lines of TST answer : " We hope you slip and reset account and we make money "

TST's answer does come across that way, a little, I'm sorry to say.

Reply With Quote
The following 3 users say Thank You to Tymbeline for this post:
 
(login for full post details)
  #1139 (permalink)
 bobwest 
Site Moderator
Sarasota FL
 
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
 
bobwest's Avatar
 
Posts: 7,333 since Jan 2013
Thanks: 53,705 given, 24,386 received


chipps1983 View Post
Thank you for explaining. I agree with you 75%.

At least for a pro / Funded account, the feature needs to be enabled. That is my feedback and anyone from the forum would agree with me on this.

After working so hard on Step 1 and Step 2. and with a simple mistake like on scaling with the wrong click could ruin one's months of work put in.

Totally agree about @chipps1983's point about putting it in effect for funded accounts. This is a feature that brokers often make available for their live accounts, and it can be a useful backstop for traders, much as a regular stop order can be. There is no reason not to use it if the trader elects to.


lemons View Post
Reading behind the lines of TST answer : " We hope you slip and reset account and we make money "

No opinion about trying to get traders to slip up and make money. You can assume anything you like about anyone's motives. The simple advice is not to use their program if you believe they are trying to harm you. Problem solved.

My view on the technical issue would be that the Combine is a very artificial thing, and any such feature probably would need to be put into place in software -- for example, by Rithmic, which is imitating an actual broker passing trades on to the exchange in the Combine via its simulation server. So it may or may not have the ability to implement it without software changes. In a real trading situation, including a funded account, it is up to the broker to enforce, so if the broker has this capability it is a non-issue. If he broker doesn't, then it isn't going to happen. But no software changes are required.

I am perfectly willing to be proven wrong about this, and have no particular stake one way or the other. But I do think that TST should actually expect that in a funded account, the trader might want to arrange with their broker to have a loss limit or position size limit enforced at the broker side. Since this is available to any live trader whose broker can accommodate it, it obviously needs to be available to the TST funded traders also, where the broker can accommodate it, just for competitive reasons.

Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
Reply With Quote
The following 2 users say Thank You to bobwest for this post:
 
(login for full post details)
  #1140 (permalink)
 chipps1983 
Market Wizard
Dover+NJ/US
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Stage5/Advantage Futures
Trading: NQ
 
chipps1983's Avatar
 
Posts: 2,045 since Jan 2015
Thanks: 5,219 given, 3,652 received


I don't have anything against the business or the model. In fact, I see @TopstepTrader convenient and easy to process amongst the various prop firms out there.

It is their business and their rules since they are backing the traders with their money on the line. You are putting a monthly fee to get such a big account to try without putting your real money.

I just put my honest feedback out there.

--------
Chipps
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to chipps1983 for this post:


futures io Trading Community Trading Reviews and Vendors > Topstep's Nick Dolby (Social Media and Community Coordinator) - Ask me Anything (AMA)


Last Updated on April 12, 2022


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2022 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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