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TopstepTrader's Michael Patak (Founder) - Ask Me Anything (AMA)


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TopstepTrader's Michael Patak (Founder) - Ask Me Anything (AMA)

  #11 (permalink)
Toronto, Canada
 
Experience: Advanced
Platform: NT
Broker: TD Ameritrade, Dorman/Zenfire
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What Does This Mean?

Hello Michael,

What is the reason to get Ninja Trader on board in the first place? Is the platform gaining much wider acceptance among pro traders?

Vincevirgil

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  #12 (permalink)
Chicago, IL
 
Experience: Advanced
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VinceVirgil View Post
Hello Michael,

What is the reason to get Ninja Trader on board in the first place? Is the platform gaining much wider acceptance among pro traders?

Vincevirgil

VinceVirgil- We will be adding more trading platforms to our program as this allows traders to trade on what they are used to trading on without having to switch. NinjaTrader has been the most widely requested platform. We will have this up and working in the Combine shortly. Once we have this platform established we will most likely be adding a couple others.

mp

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  #13 (permalink)
Ilsede, Germany
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Rithmic / CQG / Ninja Trader Brokerage
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TopstepTrader View Post
NinjaTrader has been the most widely requested platform. We will have this up and working in the Combine shortly.

mp

:

Hi Michael,

may I kindly ask you to inform us about the date once Ninja Trader and CQG will reliably be available for the Combine by posting the definite start date here in this thread ?

I would really appreciate that because that would save me from asking TST support that particular question every week or two...

Thanks a lot in advance !

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  #14 (permalink)
Chicago, IL
 
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Daytrader999 View Post
:

Hi Michael,

may I kindly ask you to inform us about the date once Ninja Trader and CQG will reliably be available for the Combine by posting the definite start date here in this thread ?

I would really appreciate that because that would save me from asking TST support that particular question every week or two...

Thanks a lot in advance !

Daytrader999- We have been told the end of March. It is extremely hard to get a definitive date when dealing with programming but updates we receive seem to show that we are on track for meeting the end of March deadline.

mp

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  #15 (permalink)
calgary canada
 
Experience: Advanced
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What is the total number of funded traders as well as number of currently funded traders?

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  #16 (permalink)
Pittsburgh, Pennsylvania
 
 
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daytrader07 View Post
What is the total number of funded traders as well as number of currently funded traders?

You can see the list of the Funded Traders here, there have been 78:

Trader Job | Trader Profiles | TopstepTrader

The currently active number is somewhere around 45 (my estimate). If you visit the pits on their website during the day you can do a quick count, but you have to go around quickly into all pits. I few weeks ago I counted about 35 and since then they have added about 8-10, and I assume some Live traders weren't present...

Oh, and they have been adding on average 1 trader per week, in the last few months...

So take these numbers until Mike answers the question...


Last edited by Pedro40; March 1st, 2013 at 10:35 PM.
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  #17 (permalink)
Chicago, IL
 
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daytrader07 View Post
What is the total number of funded traders as well as number of currently funded traders?

Pedro40- Thanks for the help.

daytrader07- We actually have about 28 active funded traders. We have funded over 150+ in the last two years. We are now averaging at least 2 traders a week that are coming up to the team of funded traders (live traders).

Hope that helps.

mp

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  #18 (permalink)
PTA, Gauteng
 
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Hi all,

Im not sure if this is more of a NinjaTrader or Topstep Trader question. When Topstep Trader goes live with Ninjatrader, will it support server side order handling? ie: If we lose internet connectivity, will our stop loss and profit targets remain active?

For the NT users, if Topstep will cater for server side order handling, is there somewhere in Ninjatrader where we need to activate this option?

Thanks.

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  #19 (permalink)
Chicago, IL
 
Experience: Advanced
Platform: TSTrader, NinjaTrader...
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TopstepTrader's Avatar
 
Posts: 243 since Feb 2013
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DarkPoolTrading View Post
Hi all,

Im not sure if this is more of a NinjaTrader or Topstep Trader question. When Topstep Trader goes live with Ninjatrader, will it support server side order handling? ie: If we lose internet connectivity, will our stop loss and profit targets remain active?

For the NT users, if Topstep will cater for server side order handling, is there somewhere in Ninjatrader where we need to activate this option?

Thanks.

DarkPoolTrading- All orders will be on the server side. If you lose connection you will still have your orders working. Also, there should be no setting that you need to change.

I will have more info on this as we are getting very close to launching the NinjaTrader paltform. Great question btw.

mp

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  #20 (permalink)
British Columbia
 
Experience: Advanced
Platform: NINJA
Broker: ZEN
Trading: Crude
 
Posts: 1,091 since May 2010


Hey Mike, will NYSE tick be available via the new broker?

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