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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)

  #881 (permalink)
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TopstepTrader View Post
Tymbeline - Thank you for the input. As to not spill the beans, we will have some really exciting news/updates in January pertaining to what you said above.

To the New Year and the 2017 markets!

Michael

Hi Michael,

I hope 2016 was TST's best year yet, and wish you and your organization the best for 2017.

I learned about TST through one of the contests on FIO . I assume that this is an effective way to help the trading community while simultaneously improving TST's brand recognition and providing some relatively cheap advertising.

Are there any plans for another TST-sponsored contest in 2017? It could be a good way to promote the exciting news / updates on TST you've mentioned.

Cheers!

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  #882 (permalink)
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SoftSoap View Post
Are there any plans for another TST-sponsored contest in 2017? It could be a good way to promote the exciting news / updates on TST you've mentioned.

Cheers!

Yes, stay tuned for a new Journal contest.

Mike

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  #883 (permalink)
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Big Mike View Post
Yes, stay tuned for a new Journal contest.

Mike

You guys are awesome!

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  #884 (permalink)
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while you're in the combine can you trade the asian session? Can a Canadian do this?

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  #885 (permalink)
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kentonpalmer7 View Post
while you're in the combine can you trade the asian session? Can a Canadian do this?

Yes a Canadian can do this, i live in SK and im currently doing a combine.
Yes you can trade the Asian session, you need to be flat by 3:10pm ct and you can start placing trades after 5pm ct

Here is a link to the sites pages with all the info you need
https://help.topsteptrader.com/hc/en-us/articles/236068127-When-and-what-products-can-I-trade-

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  #886 (permalink)
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Are commissions taken into account when calculating profit loss, if so what com rate do they use


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  #887 (permalink)
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kentonpalmer7 View Post
Are commissions taken into account when calculating profit loss, if so what com rate do they use


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You just need to go look for urself on the site and you will find all the answers u need

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  #888 (permalink)
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I'll admit I definitely could've just looked at the site for the first two questions.... and I found the answer shortly after.... nevermind


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  #889 (permalink)
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Bear in mind the Combine commission of $3.68 per R/T is the same for all products and hasn't increased with rises in live costs. Apart from the Treasuries, the other mini products except ES, and the Eurex products; live costs are more.
Grains live, being expensive, would be $5.48 per R/T ( from https://help.topsteptrader.com/hc/en-us/articles/236068847 ). Depending on how many contracts one is trading each day the total Combine commissions and fees over ten or more days could be significantly lower than they would be in reality.

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@TopstepTrader

I have read that the following rule are no longer required to FTP:

Maintain an Account Balance greater than 0 after a minimum of 10 trading days

Will this be the same to the Funded Account? Can someone have a negative result after 10 trading days without hit the loss max limit, or daily loss limit and remain in the funded account?

Thank you

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