Renkotrader 

@TopstepTrader Aha. Hmm. I dont know, but in Germany I am used to get clear answers or to give clear answers. Your explaining is for me not clear. Its like picking the raisins out of a pott. Best regards, Renkotrader

Really ?
We all use banks. Some use even private banking services.
Do German banks tell you average size of client portfolio ?
How many private client portfolios are they managing ?
How long average client stays with bank ?
What is average return of portfolio ?
How much the make from management fee ?
How much they make from success fee ?
And so on.

Some data is just trade secret.

Why do you need to know how much average trader makes and how long they stay with TST ?
Will it automatic mean that if you pass combine you will make same amount and stay with TST as
long as average trader ?

Some data us just trade secret

Not interested to spend more time in this tread - I am out.

Renkotrader

TopstepTrader 

Thank you all for sharing your concerns @Renkotrader, @emini2000, and @forgiven. We never want to hide information from our users, however our traders have the choice to opt out of our monthly highlight emails. We share with the public, what our traders are comfortable with. We always want to post about our traders’ success, but that is up to the discretion of the trader. The best interest of our traders always comes first. Knowing how well someone else does in the markets does not dictate how another person will perform. We share with our users information that is relevant to their individual success. Comparing one person’s success to another person’s success isn’t helpful to anyone. Success is personal. We apologize that we are not providing what you’re specifically looking for, but we hope you understand the sensitivity associated with this question. Please feel free to reach out to individual traders and ask them about their success. They are at their own liberty to share with you what they are comfortable with. Trade Well

No one is asking TopStep to reveal individual trading accounts. What they're asking for are statistics. A trader's privacy is not compromised by publishing statistics as to what the outcomes are for TopStep participants in a typical year. By now TopStep must have accumulated enough data to run statistical studies. I recognize that TopStep is not a public company and has no requirement to share any information. However, it wouldn't be a bad thing for traders to see the results of the model you're running. It could be a teachable moment because many come into this business with zero knowledge as to how difficult it is to succeed. Again, you have no obligation to publish statistics but I think TopStep should be upfront about what they will and will not publish.

People pay $160 for the right to compete for funding. TopStep has no obligation to those people except to provide the platform and an assessment of their trading. There's nothing wrong with that. But some contribution to the industry as to how it really works in real time may be enlightening to those who think they are prepared to be traders.

Thank you all for the lively discussion. As was mentioned, we are a private company and, therefore, do not release certain information, as is the industry standard for brokerages, educators, proprietary trading firms, etc. Why?

1. Trader Privacy - many of our traders, and traders in the industry, do not want their long term performance to be included in any type of data or results. The majority of our traders are fine with us sharing their performance for the day, week or month, which is also typical in the industry.
2. Relevance - trading is an individual “sport”. As @lemons mentioned, other’s success or lack thereof has zero bearing on how you or any other trader may perform and may actually negatively affect you. Focus on your own stats and your own performance and how you can improve these each day. This is a key variable in becoming a better trader.
3. Innovation - company privacy allows us to innovate more effectively, build on our proprietary processes, and be the leader in creating and delivering the most unique opportunity for traders. With increasing competition and clear copycats it becomes extremely prudent as users tend to quickly fixate on any stat that appeases them.

Lastly, we control what stats we release to the public so traders focus on realistic expectations. That said, we do share the stats below and those found on our homepage. Just a few examples include:

-$549: average weekly profit
-52: average number of traders funded per month
-$4,927: most profited in a day by a funded trader

Hopefully, you can understand our concerns and why we have this policy in place. If not, we understand this may not satisfy everyone and we wish those traders well on their personal journey.

Trade well,

Michael
Founder and Chief Visionary Officer

All novice traders should be happy they have the oportunity to try something very close to the real trading for just 160 USD. Forget the SIM accounts, they are just for fun (and testing later).

Until you dont put real money, its not even close to the real thing. Be grateful you can try the real market without losing thousands of USD (like me and the majority of retail traders did at the beginning) and think of it like a tax for a school. A really cheap one.

If you prove you are good you will not be interested in things like how much the others are doing or how many people are succesfull. Instead you will be interested how to make more alone.

icog 

All novice traders should be happy they have the oportunity to try something very close to the real trading for just 160 USD. Forget the SIM accounts, they are just for fun (and testing later). Until you dont put real money, its not even close to the real thing. Be grateful you can try the real market without losing thousands of USD (like me and the majority of retail traders did at the beginning) and think of it like a tax for a school. A really cheap one. If you prove you are good you will not be interested in things like how much the others are doing or how many people are succesfull. Instead you will be interested how to make more alone.

Agreed

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Hi,

Human nature, looking at what are doing others and how much they win, . The market is enough big for don't worried about other business models. Win money trading and forget about what are doing others. TST are facilitating an option. If you meet rules and objective, you will be funded. If you want to ask for that it's understandable, but asking for how much they win...i don't see it.
What will be different in your trading knowing those stats? Will you be a better trader? Will you win more trades? Take the combine and pass the TST and you will see how many traders are in the live trading room. Be part of his stats, because you are a winner trader and live your dream...it's easy. And if you don't need them, this means that you are enough good to live at your own pace what a few traders are able to do...

Cheers

Renkotrader 

Not interested to spend more time in this tread - I am out. Renkotrader

unless your serving up the cool-aid it is a waste of time. they release the data how many traders are funded a week or day, average profit per pay . but the stuff that matters is to sensitive . does any one really think that is real reason.

I know you guys must get a ton of requests to nix the daily close rule. I really never understood this rule and I always thought it forces a trader into more of a day trading mentality which isn't necessarily better IMHO if your a trend follower. I mean if a trader adhere's to his daily loss limits I don't understand why a trade can't be carried overnight? Have you guys considered nixing this rule? Thanks

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I wonder, how come tst changed ftp target to like double or triple (I think it was 3000->9000 on the 150k)?


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