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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)

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  #61 (permalink)
Chicago, IL
 
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TraderG View Post
When are you planning to add TF - mini Russel 2000 to your combine?

TraderG- We are working towards getting the Eurex and ICE on board with our Combine. This is an ongoing process that involves lots of red tape and hurdles. We do not have a date but I can say we are working very hard so that we may provide other products in the Combine.

mp

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  #62 (permalink)
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AMA room now open.

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  #63 (permalink)
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I want to thank Michael Patak for his time today to answer questions during the AMA.

Below is the recording of the session. There was some sort of technical issue when Michael shared his screen, so after 2 minutes we resorted to just audio, which worked fine.

If anyone did not get their question answered, you can post it here in the thread.

Mike

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  #64 (permalink)
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TopstepTrader View Post
Ryan- Our company gets an update today as we are working with the back-end provider and at the mercy of their programmers. Last I heard it looked like things would be ready in the coming weeks.

We are just as anxious as anyone to add the NT platform to our Combine. I will update this thread when I hear more.

Will TopstepTrader support algorithmic trading through NinjaTrader? I could not find any information on the website that would suggest that it doesn't. But since your program and services are aimed solely at discretionary traders, I wondered if this would be something that is "allowed".

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  #65 (permalink)
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Jura View Post
Will TopstepTrader support algorithmic trading through NinjaTrader? I could not find any information on the website that would suggest that it doesn't. But since your program and services are aimed solely at discretionary traders, I wondered if this would be something that is "allowed".

Jura- Yes this will be allowed as long as the trades go through your Ninja platform and you are connected to our back-end provider you will be good to go.

As a side note we are open to all strategies however the person on the other end trades it as long as it falls within our products permitted and risk parameters of the Combine account.

mp

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  #66 (permalink)
Market Wizard
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TopstepTrader View Post
Jura- Yes this will be allowed as long as the trades go through your Ninja platform and you are connected to our back-end provider you will be good to go.

@TopstepTrader:

...Hopefully which means that you expect Ninja Trader to be available for the Combine soon...(?)

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  #67 (permalink)
Pittsburgh, Pennsylvania
 
 
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In the Combine, can I hedge using different months of the same instrument?

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  #68 (permalink)
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Do not know if TST will be willing to answer this but since it is the ask me anything thread I will give it a shot. What does topsteptrader make more money off of, failed combines and subscriptions or actual live trader profits.

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  #69 (permalink)
Kailua-Kona, HI
 
 
Posts: 29 since Mar 2013
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Im curious about TST's reach as far as futures markets to trade

After one completes the combine can a trader get access to Pac-Asia futures contracts like the Chinese ftse A50/ heng Seng/ ASX futures/ KOSPI futures/ sensex?

I realize in the combine it is pretty much only currency futures/ index futures/ US interest rate futures and commodity futures

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  #70 (permalink)
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Question for Mike Patak as well as the forum.

I haven't been in a combine in months....however a few weeks ago I got a few emails from recruiters claiming to work for TST and offering discounts to former combiners. I got them on the same day with a canned email from each.

I told the last one to figure out which of the recruiters would chase me and only let that guy communicate with me instead of the 3-4 I got initially.

I ended up with one guy that emailed me occasionally and even called me once or twice. A pleasant fellow that didn't hound me which I appreciated. I had a few questions about NT and T4 working together and decided to just wait. I was in no hurry. Once it became clear that NT was not going to be available until the end of the summer at the earliest, I decided to do a combine.

So I asked for a discount on my signup, my recruiter gave me one via email and I tried to sign up. I got an error message. Discount code invalid. Quick email to my recruiter who told me it was only valid over the phone and to call him if I wanted anything. I'm wondering why he gave me a code knowing full well it wouldn't work.

I decided to wait a bit longer for various reasons and then my cardiac incident happened and I figured it was as good a time as any to sign up. So I called on Friday, talked to my recruiter who took my information over the phone, gave me a price and told me I was all signed up and would get my log in details on Sunday afternoon as normal along with my confirmation email for my credit card.

Well its early Sunday evening. No emails, no confirmation codes, no log in details.

So my question is this, has anyone else signed up for a combine using these recruiters? If so, what was your experience with this? It seems unprofessional to me. I didn't get the warm fuzzies on Friday that my recruiter actually processed my credit card. It turns out I was right.

Hopefully Mike will see this soon and look into it. I've sent an email to my recruiter as well so we'll see what happens. Hopefully this recruiter this is real and I didn't just give my credit card info to a complete scammer.

Recruiters name is Frank Meccia.....

Brian

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