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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)

  #61 (permalink)
 Vendor: www.topsteptrader.com 
Chicago, IL
 
Futures Experience: Advanced
Platform: NinjaTrader, CTS (T4), Si
Favorite Futures: ALL- Futures, Forex, Equities
 
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Posts: 225 since Feb 2013
Thanks: 49 given, 660 received


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

If you have any questions about our products or services at TopstepTrader, please send me a Private Message or use the FIO "Ask Me Anything" thread.
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  #62 (permalink)
Site Administrator
Manta, Ecuador
 
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Platform: My own custom solution
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AMA room now open.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

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  #63 (permalink)
Site Administrator
Manta, Ecuador
 
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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

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Attached Files
ama-topsteptrader-apr413.flv (61.97 MB, 292 views)
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  #64 (permalink)
 Vendor: tradingcode.net 
The Netherlands
 
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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)
 Vendor: www.topsteptrader.com 
Chicago, IL
 
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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

If you have any questions about our products or services at TopstepTrader, please send me a Private Message or use the FIO "Ask Me Anything" thread.
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  #66 (permalink)
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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)
Trading for Profit
Pittsburgh, Pennsylvania
 
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Posts: 547 since Jan 2013
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In the Combine, can I hedge using different months of the same instrument?

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  #68 (permalink)
Freemason
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Posts: 193 since Jun 2011
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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)
Trading Apprentice
Kailua-Kona, HI
 
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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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In the heat
 
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Posts: 3,155 since Mar 2010
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Anyone with this experience?


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

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris

Last edited by PandaWarrior; April 21st, 2013 at 11:22 PM. Reason: Add recruiter name
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